Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
N.Y.’s Mills Vows to Fight for TRIA Renewal
Mar 24 2005 // Howard Mills, acting New York superintendent of Insurance, promised a group of local agents, brokers and insurance company representatives he would stress the need to extend the Terrorism Risk Insurance Act beyond the end...
Big ‘I’ Names Crane as Media Relations Manager
Mar 24 2005 // The Independent Insurance Agents & Brokers of America has hired Emily Crane as the new manager of media relations. In this role, Crane will serve as an information resource for trade and consumer print media on all...
InsurBanc Expands Its National Branch Delivery System
Mar 22 2005 // InsurBanc, the federal savings bank jointly developed by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corporation, has expanded its network of national commercial deposit points to meet the...
Broker to Marsh Cast-Offs: ‘Look No Further’
Mar 21 2005 // Marsh doesn’t want them but Jerry Alderman and Mike Neville will gladly take them. Marsh Chief Executive Officer Michael Cherkaksy recently announced his firm’s intention to stop writing certain large and...
Spitzer’s Complaint Outlines Aon’s Personal Lines Deals with Insurers
Mar 21 2005 // The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials...
Agents Beware: Due Diligence is Now Required on Brokers
Mar 21 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...
BROKER SEEKS APOLOGY FROM AG:
Mar 21 2005 // An insurance broker says Connecticut Attorney General Richard Blumenthal owes him an apology for singling him out in an investigation into commission fees paid by Cigna Corp. Carl S. Feen, a New Haven broker, said he wants...
The Cluster Option: A Short Survival Guide
Mar 21 2005 // It’s back! The soft market for commercial lines is hitting much of the nation. Personal lines markets are getting tougher on underwriting in certain parts of the country and some even are withdrawing altogether. Of...
Workers’ Compensation: In-Between the Good, the Bad, and the Injuries
Mar 21 2005 // With overall claims frequency still on the decline and loss costs and rates relatively stable, the state of the workers’ compensation line nationwide continues to show positive signs of improvement. Nevertheless, the...
N.Y. BILL IMPOSES FIDUCIARY DUTY:
Mar 21 2005 // Assemblyman Ryan Scott Karben (D/I-Rockland), a majority member of the New York State Assembly’s Insurance Committee, has introduced a legislative package on agent and broker compensation that would require...
Aon Complaint Memos Reveal Personal Lines Arrangements
Mar 21 2005 // The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials...
ALA., N.C. AGENTS JOIN ASSUREX GLOBAL
Mar 21 2005 // Cobbs Allen & Hall Inc. of Birming-ham, Ala., and Senn Dunn, of Greens-boro, N.C., have been accepted as members of Assurex Global of Columbus, Ohio, a large insurance association designed to specifically serve...
Serving the Friendly Skies
Mar 21 2005 // When the 1970s began, Bill Moloney was afraid of flying. When the 21st century dawned, he had his own aviation brokerage based in an airport and flew his plane as often as he could. Moloney, a self-described...
N.C. Agenda Tight, No Time for Golf!
Mar 21 2005 // I was surprised and impressed by the efficiency and expertise shown by everyone participating in the March 3-6 National Conference of Insurance Legislators meetings in Hilton Head, S.C. When I heard hundreds of...
San Antonio Agents Subject of Fraud Alert
Mar 21 2005 // The Texas Department of Insurance issued a fraud alert pertaining to two San Antonio insurance agencies, The Insurance Center and The Insurance Connection, operating at 539 South General McMullen, 924 S. Zarzamora, and 710...
Roofing Contractors, Workers’ Compensation Insurance and Profits
Mar 21 2005 // Making the Puzzle Pieces Fit Begin a conversation with any roofing contractor with the words workers’ comp insurance and profits in the same sentence and you’ll probably be met with a confused look. By all...
Agents Beware: Due Diligence is Now Required
Mar 21 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...
Huge Opportunity Exists In LTC Marketplace For Trained, Savvy Agents
Mar 21 2005 // You may have read about a recent survey–the LTC IQ test–that over 60 percent of respondents failed. Almost 90 percent knew what long-term care was, but over 40 percent thought the government would provide...
<em>BBC</em> Profiles Willis’ CEO Plumeri
Mar 21 2005 // The insurance industry is not particularly well known for its flamboyant personalities. So, when one does emerge, they make news. It’s not too surprising therefore to find Willis’ CEO Joe Plumeri as the subject...
PLUS Symposium: Greater Transparency Will Change the Way Industry Does Business
Mar 21 2005 // Transparency will reportedly bring fundamental changes in how the industry operates, resulting in more open communication between the client, the broker and the underwriter. A change in the dynamics of the business also...
