Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Calif. Legislative Committee Takes Correct Action on Producer Requirements
May 3 2005 // California legislators have issued a “sharp rebuke” of Insurance Commissioner John Garamendi’s efforts to impose new requirements on agents and brokers, according to the National Association of Mutual...
Aon Reports Q1 Net Income of $200M
May 3 2005 // Chicago-based Aon Corp. has reported first quarter 2005 net income of $200 million or $0.59 per share, increasing 18% and 16%, respectively, from the first quarter of 2004. Income from continuing operations was $200...
Nationwide’s New Identity Theft Policy Also Available Through Independent Agents
May 2 2005 // Columbus, Ohio-based exclusive-agent carrier Nationwide Insurance announced that its new identity theft policy will also be available through independent agents appointed with Nationwide subsidiary Allied...
IIAOK to Hold CIC Commercial Casualty Institute
May 2 2005 // The Independent Insurance Agents of Oklahoma will hold its CIC Commercial Casualty Institute May 18-21, 2005, at the Hilton Southern Hills, 7902 South Lewis Avenue, in Tulsa. The institute will present up-to-date...
Proposed Legislation Ensures Fairness in Standards Applied to Agents in Texas
Apr 29 2005 // Texas House Bill 2155 and Senate Bill 236 were recently debated before each Chamber’s respective committee. This critical legislation, sponsored by the Independent Insurance Agents of Texas, merits broad support, as...
AIIA Convention Highlights: Young Agents Participation, Educational Sessions Slated
Apr 28 2005 // The Alabama Independent Insurance Agents Inc. has scheduled its June 14 to 16 Young Agents Conference to overlap with AIIA’s June 16 to 18, 109th Annual Convention at the Village at Baytowne Wharf Resort in...
N.C. Agency Management and Technology Conferees to Discuss Hot Topics
Apr 28 2005 // More than 100 independent insurance agents are expected to visit the North Carolina capitol during the May 16-17 Agency Management and Technology Conference sponsored by the Independent Insurance Agents of North Carolina...
The Hartford Notes 17% Gain in Q1 Net Income
Apr 28 2005 // The Hartford Financial Services Group Inc. set a new quarterly record with net income of $666 million, or $2.21 per diluted share, in the first quarter of 2005, a 17-percent increase over the prior-year period. Net income...
Broker Compensation Bill Defeated in Calif. Committee
Apr 28 2005 // The American Agents Alliance reported that SB 938 (Dunn) was heard and defeated in the Senate Banking, Finance and Insurance Committee yesterday by a 2-5 vote. The bill, which the Alliance and other insurance trade groups...
Travelers Aiding Agents with New Ad Campaign
Apr 27 2005 // Travelers personal lines, a member of St. Paul Travelers, has launched a new campaign to support its network of independent agents with advertising tools they can personalize in their local market. The Helping Agents Grow...
Florida’s Soto Nominated as Big ‘I’ President Elect; Iowa’s Fulwider Named Next VP
Apr 27 2005 // The Independent Insurance Agents & Brokers of America’s (the Big “I”) National Board has nominated Alex Soto as the association’s president-elect and has elected Robert Fulwider as the...
NAMIC Says Calif. Commissioner Continues Search for Problem to Solve on Broker Compensation
Apr 27 2005 // California Insurance Commissioner John Garamendi’s hoped-for regulations on the professional duties of an agent or broker propose solutions to problems that have yet to be identified according to the National...
InsurPac Honors Awarded at Big ‘I’ Event
Apr 26 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) and its political action committee, InsurPac, honored two individuals and two state-level associations for their fundraising efforts in...
Arthur J. Gallagher Reports Q1 Revenue Growth
Apr 26 2005 // Illinois-based Arthur J. Gallagher & Co. has reported its financial results for the quarter ended March 31, 2005. “Gallagher continues to do what it does best even in these challenging times — solve our...
The Attack on Credit Scoring and Other Risk-Based Insurance Pricing Tools
Apr 25 2005 // Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that...
Pair Plead Guilty in La. Insurance Scam
Apr 25 2005 // Louisiana Attorney General Charles Foti, Jr. announced that two more men have entered guilty pleas for their association in an insurance fraud scam that involved hundreds of insurance agents across Louisiana. Over the past...
New Wholesale Broker Out of Houston, Texas
Apr 25 2005 // Lawrence Mennes and Stephen Vallender in association with Burnett Holdings, Inc. have announced they will form a new insurance broker -IMS Insurance Market Solutions based in Houston, Texas. IMS will be a full service,...
La.’s Baker Named Big ‘I’ Legislator of the Year
Apr 21 2005 // The Independent Insurance Agents & Brokers of America bestowed upon Rep. Richard Baker of Louisiana the prestigious Gerald Solomon-IIABA Legislator of the Year Award for 2004. Baker, chairman of the House Financial...
Borda to Direct United Southern Brokers Professional Liability in Tampa
Apr 21 2005 // Juan C. Borda has been named director of professional liability for the Tampa, Fla. office of United Southern Brokers, a division of USG Insurance Services Inc. Borda will assist agents with the placement of directors and...
IIABNJ Holds Spring Fling for Industry Professionals
Apr 21 2005 // The Independent Insurance Agents and Brokers of New Jersey are preparing to hold the Annual Spring Fling for Continuing Education, May 17-18, at the Sheraton Hotel in Eatontown, N.J. Insurance professionals will have a...
