Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Hunt to Receive IIABA’s 2005 Maurice Herndon Scholarship
Apr 11 2005 // Margaret Hunt of the J. Fletcher Willey Agency Inc. in Nags Head, N.C. is the winner of the 2005 Maurice Herndon Scholarship sponsored by the Independent Insurance Agents and Brokers of America. Hunt will receive the...
IIA Oklahoma Urges Agents to Attend Capitol Event
Apr 11 2005 // Dan Ramsey, president and CEO of the Independent Insurance Agents of Oklahoma sent a message to agents in that state encouraging them to attend IIAO Day at the Capitol on April 27, 2005. Urging agents to become actively...
Blocker Added to Lockton Insurance Brokers Staff
Apr 11 2005 // Lockton Companies, an independently owned insurance broker, has appointed Mark Blocker to the post of vice president, Employee Benefits Consultants. Blocker will focus on client development and will be based in...
Minn. AG, Willis Group Resolve Investigation; N.Y. Also Reports Agreement
Apr 8 2005 // Minnesota Attorney General Mike Hatch and Willis Group Holdings Ltd. Chairman and CEO Joe Plumeri on Friday announced an agreement relating to Willis’ insurance brokerage practices. Under the agreement, Willis will...
Former Calif. Agent, Employee Nabbed in Scam
Apr 8 2005 // A former California insurance agent and her employee were arrested for allegedly stealing and not remitting premiums to insurance companies of more than $3,000 from victims purchasing automobile insurance policies. Yvette...
Severe Thunderstorms, Tornadoes Pummel Mississippi; Agents Expect Claims
Apr 7 2005 // Mississippi homeowners began contacting their insurance companies after severe thunderstorms, spawning powerful tornadoes, pummeled Mississippi from top to bottom, destroying or damaging at least 75 homes and ripping away...
IVANS Survey: Independent Agents Concerned About Internet Security; 80% Fear Viruses, Worms
Apr 6 2005 // IVANS Inc., a provider of networking and e-commerce solutions for the insurance and healthcare industries, announced the results of an independent insurance agent survey covering technology issues such as security and...
ACE Expands Disaster Mortgage Distribution Channels Through General Agents
Apr 5 2005 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced that it has expanded distribution of its ACE Disaster Mortgage Protection(SM) (DMP(SM)) product outside of its traditional mortgage service...
Modern Insurance E&O Program Targets Small to Medium-Sized Fla. Agencies
Apr 5 2005 // Miami-based Modern Insurance Consultants Inc. and Darwin Professional Underwriters Inc. have introduced an Insurance Agents Errors & Omissions program for small to mid-sized Florida property/casualty agencies. The...
Abram Interstate Offers Agents ZapApp Availability
Apr 5 2005 // Abram Interstate recently enhanced their operations, offering agents new technology through the availability of ZapApp, a data-based application transfer system through FSC, a comparative rating system. Abram’s...
Martin Added to Lockton Insurance Brokers
Apr 5 2005 // Lockton Companies, an independently owned insurance broker, has appointed Kerry Martin to the post of vice president, Commercial Insurance Division. Martin will focus on client development and will be based in...
Fla. Agent Charged for Grand Theft; Accused of Not Forwarding Premium
Apr 4 2005 // An Ormond Beach, Fla. man has been accused of not forwarding insurance premiums to his underwriter and charged with grand theft after a New York insurance agent reported the incident to the Flagler Beach Police...
An Underinsurance Lesson from the West Coast
Apr 4 2005 // In the aftermath of the devastating Southern California Wildfires of October 2003, claim adjusters went to work in an area where an estimated 3,631 structures were destroyed. In many cases the only remaining indication of...
Driving Up Agency Valuation
Apr 4 2005 // Which comes first, the chicken or the egg? There is a general perception that agency value has been increasing the past few years. This belief is partially true and is the result of a self-fulfilling prophecy. In the past...
Regulators Look for a Clue
Apr 4 2005 // Was it Colonel ChoicePoint in the Conservatory With a Knife? When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states,...
Q&A With Kansas Insurance Commissioner Sandy Praeger
Apr 4 2005 // Interviewed by Kevin B. O’Reilly When Insurance Journal last spoke with Sandy Praeger, she was only months into the job. Kansans elected the Republican as insurance commissioner in November 2002. Back then she was...
State Opposition, Other Issues Bury Federal Charter Efforts
Apr 4 2005 // Although three major proposals to revamp insurance regulation are before legislators in some form, it appears that the industry’s ultimate goal of optional federal charters is nowhere close to fruition. Only the...
Eddy vs. BSTV Inc.
Apr 4 2005 // (Wisconsin Court of Appeals, District I, March 8, 2005) –Ruling:Professional services exclusion barred coverage for claims asserted against real estate agents. The court held that the professional services exclusion...
Agents Beware: Due Diligence is Now Required
Apr 4 2005 // Transactions between retail agents and brokers they place business through just became more labor intensive. I recently testified as an expert in a federal case involving a reputable agency’s failure to conduct...
CAPITAL ONE EXPANDING, PLANS TO HIRE 150 NEW AGENTS
Apr 4 2005 // Capital One Insurance Services, formerly InsLogic, an insurance broker in Oak Ridge, Tenn., plans to triple its work force. Capital One Insurance was acquired in January by Capital One Financial Corp., and wants to hire...
