Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Citizens Property Considering Direct Reporting of Claims
May 18 2005 // New policies soon to be implemented by Citizens Property Insurance Corp., were presented last week to representatives from major insurance companies in Florida and Florida Association of Insurance Agents representatives...
DFS Arrests Two S. Fla. Agents in $1.2 M Ponzi Scheme
May 17 2005 // Two South Florida insurance agents have been arrested in Palm Beach Gardens and Delray Beach, Fla. on first-degree felony charges of operating a Ponzi scheme which scammed an estimated $1.2 million from 31 investors. CFO...
Jacksonville Agent Receives Three Years, Must Pay $366,000 Restitution
May 17 2005 // An insurance agent is facing three years in prison and has been ordered to pay more than $366,000 in restitution after he convinced at least six elderly clients to cash in their annuities and reinvest in other insurance...
Reardon Joins International E&S Brokers in Dual Roles
May 17 2005 // Charles Wardlaw, CEO, and Kevin Crombie, president of Encino, Calif.-based International E&S Brokers Inc., announced that Vince Reardon has joined International E&S in the dual role of underwriting manager for...
Glennon Insurance Selected as Irish Partner by HLA Global
May 16 2005 // Dublin-based broker Glennon Insurance has been appointed as the Irish partner of HLA Global, the world’s largest network of independent insurance brokers HLA Global is a partnership network between Acordia (a Wells...
Hub International Adds Seattle Employee Benefits Brokerage
May 16 2005 // Hub International Ltd. announced the acquisition of Tash Lyle & Jones, a Seattle employee benefits insurance brokerage. This fold-in acquisition will become part of Bush, Cotton & Scott, a regional subsidiary of...
IIAT Unveils Expanded, More Powerful Web Site
May 13 2005 // The Independent Insurance Agents of Texas reported it has launched its expanded, more powerful and newly renovated Web site, iiat.org, which now incorporates its premium technical and management resources Web site,...
Burton Joins U.S. Risk as Senior Broker
May 13 2005 // U.S. Risk Brokers announced that Chantelle Burton has joined the health care division of its Houston office as a senior broker. She will be responsible for producing and underwriting health care risks. Prior to joining...
More Support for Lloyd’s Business Platform Kinnect
May 12 2005 // Lloyd’s announced that three more of its leading businesses – QBE European Operations (including Lloyd’s largest managing agent Limit and its company market operations); managing agent Cathedral and,...
Ward Joins American Underwriting Managers as Sr. Underwriter/Broker
May 11 2005 // American Underwriting Managers announced that Sharon Ward has joined the company in its Southlake, Texas, office as senior underwriter/broker. Among her responsibilities will be property and casualty underwriting for Texas...
Former California Insurance Broker Goes to Jail
May 9 2005 // Former Vallejo insurance broker Jimmie Earl Jackson, who pled guilty to felony grand theft in Solano County Superior Court May 5, was sentenced to 180 days in County Jail and ordered to serve three years of formal...
Relative and Absolute Success
May 9 2005 // Family Follows Sinclair ‘No-Quote’ Strategy David Sinclair, founder and president of Sinclair Insurance Group, Inc., is entering a new phase in his business life, relatively speaking. Sinclair has built three...
Keeping Retention Rates High In A Softening Market
May 9 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 than those who consistently lose clients. While many elements...
Mixed Signals on Compensation and Conflicts of Interest
May 9 2005 // RIMS Annual Meeting The risk management community and some of the world’s largest insurance brokers sent mixed signals on the future of contingent commissions for insurance brokers and other potential areas of...
Why Client Complaints Are a Good Thing
May 9 2005 // Insurance is frequently a complicated product to buy as well as to use. So, it’s not exactly shocking when a prospect or an insured complains. These events are a permanent part of the insurance reality. The...
Errors & Omissions for Broker-Dealers
May 9 2005 // Nuts & Bolts: CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own...
A Final Tribute to Tom Johnson
May 9 2005 // The Florida Association of Insurance Agents announced Tom Johnson, its executive vice president from 1948 to 1986 died on April 8. Johnson passed away in his sleep with his family and a few close friends at his...
Purmort Insurance Agency’s Family Tree’s Roots Go Back to 1876
May 9 2005 // When I stepped from the hot sunshine and left the traffic speeding along Sarasota, Fla.’s busy Bee Ridge Road into Al Purmort Insurance Agency Inc.’s cool air-conditioned lobby, it was like taking a step back...
Western Agencies Keep it All in the Family
May 9 2005 // Mom and pop” retail agencies have always been a vital component of the insurance world, and many of them still exist today. Sons, daughters, grandsons and granddaughters are able to continue family traditions as...
AIG Domestic Brokerage Group Unveils Specialized Practice for Financial Institution Risks
May 9 2005 // The Domestic Brokerage Group of American International Group Inc. (AIG) announced the formation of the AIG Financial Institutions Practice, a new organization dedicated to serving the insurance and risk management needs of...
