Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Trusted Choice Back on the Tube in March
Feb 17 2005 // Trusted Choice advertising will return to a television set near you next month when a two-week, nationwide ad flight airs, according to Ronald Smith, chairman of the consumer branding program’s Board of...
Pa.’s Insurance Chief Koken Performs Balancing Act at Home and On the Road for NAIC
Feb 16 2005 // The nickname probably won’t be showing up anytime soon on the state’s license plates but Pennsylvania could be the Land of Stable Insurance Markets. Not that things are perfect but, according to Insurance...
May 1-3 Mergers & Acquisitions Workshops in Atlanta
Feb 16 2005 // Mergers & Acquisitions: A Workshop for Insurance Agents and Bank Executives has been scheduled May 1 to 3 in Atlanta by the Council of Insurance Agents and Brokers, the American Bankers Insurance Association and Regan...
Abacus Insurance Brokers Unveils Event Cancellation Program; Available in All States
Feb 15 2005 // California-based Abacus Insurance Brokers announced the availability of an online Event Cancellation Program, exclusively for brokers, powered by the APM Platform. Brokers are able to quote and bind in real-time, accept...
PIA Legislative Day: Major Issues Discussed, Legislators Urge Agents ‘Become More Active’
Feb 15 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 according to Ron Villela, Professional Insurance Agents of Florida...
AmWINS to Acquire Willis’ Stewart Smith Group
Feb 15 2005 // Willis Group Holdings and American Wholesale Insurance Group Inc. announced that AmWINS will acquire Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. It is expected to...
Rep. Cannon: Hurricanes Provided Valuable Lesson; Citizens Concerns PIA Members
Feb 15 2005 // The silver lining to last year’s hurricanes proved that without adequate compensation for agents, there will be trouble when claims need to be settled, freshman Rep. Dean Cannon (R-Winter Park) told Professional...
Conn. Gov., AG Differ Over Agent Disclosure
Feb 14 2005 // Just days after the state’s attorney general recommended stringent disclosure rules for insurance agents and brokers, Connecticut Gov. M. Jodi Rell has introduced her own bill patterned after the model act designed...
R.I.’s Starkweather & Shepley Buys 2 Mass. Agencies
Feb 14 2005 // Starkweather & Shepley Insurance Brokerage, Inc., one of the largest independent insurance agencies in the U.S., has acquired MVI Insurance Group and The Lambert Agency located in Martha’s Vineyard, Mass. Rhode...
Three New Western Region Partners Join APPEX
Feb 14 2005 // APPEX (Agency Peak Performance EXchange) welcomed three new Western region partners to their membership. Al Purmort, Sr. founded the Al Purmort Insurance Agency in September of 1985 after leaving the Purmort and Martin...
Lawmakers Tell Brokers Class Action Will Pass But TRIA Renewal Far from Certain
Feb 10 2005 // A parade of Republican lawmakers in Washington told insurance brokers some but not all of what they wanted to hear today, promising that class action reform will soon pass and, they hope, create momentum for Congress to...
InVEST Offers Speaker’s Kit on Industry Careers
Feb 9 2005 // InVEST, an education program that strengthens the insurance industry by attracting a large pool of qualified insurance recruits, has released a new speaker’s presentation packet to help insurance professionals and...
PIA to Hold National Legislative Summit, April 7
Feb 9 2005 // The National Association of Professional Insurance Agents (PIA National) will hold its annual Federal Legislative Summit on April 7, 2005 in Washington, D.C. The summit is a one-day legislative gathering of PIA members who...
Austin-Based Central Texas Agency Alliance Adds Two Master Territories
Feb 8 2005 // Austin, Texas-based Central Texas Agency Alliance has purchased two additional exclusive Master Agency territories from the Strategic Independent Agents Alliance of Hampton, N.H. CTAA is a division of AIC- Sun Belt Group...
PCI Commends Nev. DOI on Broker Compensation Issue
Feb 8 2005 // The Property Casualty Insurers Association of America commended the approach taken by the Nevada Division of Insurance on the disclosure of broker compensation in a temporary regulation adopted last week. “Instead of...
Connecticut AG Calls for Voters to Elect Commissioner, Brokers to Disclose Fees and Quotes
Feb 8 2005 // Connecticut Attorney General Richard Blumenthal has proposed the statewide election of the state’s insurance commissioner and mandatory rules of disclosure for insurance brokers and agents. Joined at a Capitol press...
Abram Interstate Unveils Web-based Rating Program
Feb 7 2005 // Abram Interstate Insurance Services Inc. announced the release of P.U.R. E., a new Web-based rating program for personal property. P.U.R.E. (Personal Lines Underwriting and Rating Engine) is a new Web-based Homeowners and...
Chicago Agent’s License Revoked for Bilking Premiums
Feb 7 2005 // Acting Illinois Director of Insurance Deirdre K. Manna has revoked the insurance producer license of Cynthia A. Redict-Adams of Chicago effective Dec. 21, 2004. Redict-Adams had been licensed since March 4, 1987. She was...
Mo. Agent Charged for Securities Fraud
Feb 7 2005 // Missouri Attorney General Jay Nixon has filed criminal charges alleging securities fraud against Springfield insurance agent George William “Bill” Hull. The felony complaint, filed in Greene County Associate...
Agent’ Or Broker’ Consumer Choice Dictates Disclosure
Feb 7 2005 // What Eliot Spitzer has done within the insurance industry should be entered on the positive side of the ledger. While much of the follow-up has driven up expenses and slowed down the inner workings of insurance carriers,...
