Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
O’Gorman Joins Lockton Insurance Brokers
Mar 10 2005 // Derek O’Gorman joined Los Angeles-based Lockton Insurance Brokers as vice president. He will be responsible for marketing, servicing and responding to risk management needs of companies in a variety of...
New House Bill to Extend TRIA Introduced as Deadline Looms
Mar 9 2005 // The House of Representatives has introduced legislation that would extend the Terrorism Risk Insurance Act (TRIA), which is set to expire at the end of 2005. The proposal, H.R. 1153, would keep a federal terrorism...
Stark Insurance Services Becomes 1,600th SIAA Member
Mar 9 2005 // Stark Insurance Services of Buckhannon, W.V. has become the 1,600th Independent Strategic Agency in the Strategic Independent Agents Alliance of Hampton, N.H. Stark joins the Mountain State Agency Alliance Master Agency...
Boston-Based Broker IIG Wastes No Time Inviting Marsh’s Unwanted Accounts
Mar 9 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...
Insurance Journal ‘How to Write’ Series Focuses on Medical Malpractice March 10
Mar 8 2005 // Insurance Journal will present the third in its year-long series of ‘How to Write’ seminars on Thursday, March 10, with a look at medical malpractice. Scheduled to begin at 10 a.m. (PST), the seminar’s...
NAMIC SOX, Loss History Positions Sway State Insurance Legislators; NCOIL Adopts Broker Compensation Model Act
Mar 8 2005 // National Association of Mutual Insurance Companies (NAMIC) testimony convinced state insurance legislators to object to the application of Sarbanes-Oxley to mutual insurers and to not adopt a loss history database model...
Levy, Waksman Promoted at Penn Independent
Mar 8 2005 // Robert A. Lear, president and chief executive officer of Penn Independent Corporation reported on two executive management changes that were effective Jan. 25, 2005. Edward Levy has been promoted to president and CEO of...
Minnesota AG Asks Judge to Make Willis Hand Over Documents; Broker ‘Surprised’ by Move
Mar 8 2005 // Minnesota Attorney General Mike Hatch filed a 400-page motion in state court Monday asking a judge to force broker Willis Group to hand over documents related to his investigation of the firm’s contingent commission...
Progressive Drives Into S.C. Commercial Auto Insurance Market; Signs 430 Agents
Mar 7 2005 // Progressive Insurance’s Drive Group (Drive Insurance) has announced it will offer its commercial auto product in South Carolina through more than 430 agents. Drive(SM) Insurance is The Progressive Group of Insurance...
Heads Up! Employees at Large
Mar 7 2005 // Wal-Mart, Morgan Stanley, Boeing, Texaco, State Farm and Farmers have all been the targets of recent employment practices lawsuits. Wal-Mart was hit with sexual harassment charges. Farmers was sued for wrongful...
News from Worldcom, Enron and Spitzer Invades PLUS Symposium
Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, professional liability...
Commissioner Cogswell Stays the Centrist Course in Connecticut
Mar 7 2005 // Under Pressure from AG Blumenthal and Critics, Regulator Sticks to Consensus Approach I’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to...
Our Cup Runneth Over
Mar 7 2005 // In addition to our copious directory of professional liability markets, this edition of Insurance Journal Midwest features a number of excellent feature articles. Staff writer Dawn Love pulls double duty this time out,...
Ripped from the Headlines: Law and Order in Today’s D&O
Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to...
Targeting Generations X and Y: How to Attract and Retain Young Customers
Mar 7 2005 // Are you a baby boomer? Or do you consider yourself a Gen Xer? Or are you a part of the youngest generation, Generation Y? No matter what your age, as an agent or broker, a sure way to grow your book of business is to...
As Michigan Agents Gather, Industry Finds Itself in Crosshairs
Mar 7 2005 // The vote by the Michigan Legislature’s Joint Committee on Administrative Rules to file a notice of objection to Democratic Gov. Jennifer Granholm’s rule banning the use of credit scores in underwriting was...
ATLANTA M&A WORKSHOPS SLATED MAY 1-3
Mar 7 2005 // Mergers & Acquisitions: A Workshop for Insurance Agents and Bank Executives has been scheduled for May 1 to 3 in Atlanta by the Council of Insurance Agents and Brokers, the American Bankers Insurance Association and...
PIA Legislative Day Topics: Medicaid Reform, Term Limits, Ethics, Citizens
Mar 7 2005 // Medicaid reform, changing term limits and ethics will be three major issues of concern to the Florida Legislature during upcoming meetings and through 2006, Ron Villella, Professional Insurance Agents of Florida lobbyist...
Success Keys: Educate Yourself, Focus to the Max
Mar 7 2005 // While teaching basic insurance, ethics, and errors and omissions for the Professional Insurance Agents of Florida I have noted several trends I would like to share with you. The good is very good, in fact, it is excellent....
The Cluster Option: A Short Survival Guide
Mar 7 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....
