Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
The Nitty Gritty of Blue Collar Programs
May 23 2005 // Program Managers Working for the Working Class For some program administrators, blue is the color of money. While other insurance programs target lawyers, insurance agents and various white-collar occupations, some of the...
Amid Scrutiny, Aon Tops Earnings Estimates
May 23 2005 // CHICAGO–Aon Corp. saw its shares leap 15 percent after the world’s second-largest insurance brokerage reported quarterly profits that far exceeded Wall Street’s expectations. Shares in the company, which...
FBI Targets Insurance in Probe of Carrier, Agent and PEO Practices
May 23 2005 // The insurance industry, already under scrutiny in some segments by state and federal authorities for various compensation, reinsurance, bid-rigging and accounting practices, now faces another questioner. The Federal Bureau...
FLA. DFS LICENSES INTENDANT BROKERAGES
May 23 2005 // Bruce K. Howson, Intendant Hold-ing Corporation president and CEO, announced that the Florida Department of Financial Services has issued an operat-ing license to IHC’s reinsurance brokerage subsidiary King’s...
How a Multi-line Approach Can Strengthen Your Business
May 23 2005 // Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are...
Life Settlements — Understanding the Risks and the Benefits
May 23 2005 // What is a life settlement? Simply put, a life settlement is the sale of an unwanted, no longer effective life insurance policy. It may potentially be a better solution with a greater cash settlement than lapsing or...
AIIA June 16-18 Conference Highlights Young Agents Participation, Education
May 23 2005 // The Alabama Independent Insurance Agents Inc. has scheduled its June 14-16 Young Agents Conference to overlap with its June 16-18, 109th Annual Convention at the Village at Baytowne Wharf Resort in Sandestin,...
Keeping Retention Rates High in a Softening Market
May 23 2005 // The success or failure of any organization can be traced to customer retention. Agents and carriers who retain the most customers have greater long-term success and profitability than those who consistently lose...
AGENTS MAKE CASE AGAINST TAX HIKE ON INSURERS
May 23 2005 // The Michigan Association of Insurance Agents said that Gov. Jennifer Granholm’s plan to revise the state’s Single Business Tax will penalize small businesses, diminish employment opportunities and raise...
People
May 23 2005 // Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance agents and brokers...
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
Oklahoma’s Holland Sets High Standards for Insurance Department
May 23 2005 // Commissioner views agency as a resource for industry and consumers. Oklahoma Insurance Commissioner Kim Holland has been at her current job less than six months, but new to the insurance industry she’s not. A former...
Rodney Pierson
May 23 2005 // Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...
By Walter B. Sherman
May 23 2005 // Is it Time to Sell the Agency? Three Factors to Help You Decide …. Many owners have at one time or another thought about selling their insurance agency or brokerage. Many were tempted but never quite took the plunge....
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
Keeping Retention Rates High in a Softening Market
May 23 2005 // The success or failure of any organization can be traced to customer retention. Agents and carriers who retain the most customers have greater long-term success and profitability than those who consistently lose...
A Talk with New York Superintendent of Insurance Howard Mills
May 23 2005 // Pataki’s appointee brings Albany background to Spitzer-era regulatory challenges I think I’m a pretty quick study,” Howard Mills told Insurance Journal. He’s not had much choice. The former...
IBA WEST SUBMITS TESTIMONY OPPOSING REVISED PROPOSED ‘BROKER FIDUCIARY DUTIES’ REGULATIONS:
May 23 2005 // IBA West submitted written testimony expressing strong opposition to the revised “Broker Fiduciary Duties” regulations proposed by California Insurance Commissioner John Garamendi. “While these...
News Briefs
May 23 2005 // GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to...
People
May 23 2005 // NBIS appointed Joseph Savarese senior vice president of underwriting. He will focus on the company’s Eastern and Western U.S. presence working to establish a network of insurance agents and brokers in the contractors...