Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Surplus Lines Experiencing Softening Market with Rest of Industry
Feb 21 2005 // Insurance Journal recently surveyed several surplus line associations regarding their thoughts on the current atmosphere of the surplus lines marketplace, and their expectations into 2005. Executive director Ted Pierce of...
Eliot who’ TRIA when’ Republicans Outline Insurance Priorities
Feb 21 2005 // Industry Gets Victory on Class Action but Reason to Worry Over TRIA …. Eliot who? The name Eliot Spitzer that is on the lips of every insurance broker was never spoken during a recent gathering of insurance brokers...
N.Y. Weighed Contingent Fee Issue Years Before Spitzer Investigation
Feb 21 2005 // While it did not begin boiling over until last October when charges were brought against Marsh, the controversy over brokerage contingent fees has actually been simmering for more than a half dozen years in New York...
Washington All Industry Day: Associations Discuss Broker Disclosure
Feb 21 2005 // Broker disclosure, medical malpractice reform and credit scoring dominated the discussions at the Washington All Insurance Industry Day at the Capital held Feb. 10. Over 170 independent agents gathered to learn about...
Targeting Generations X and Y: How to Attract and Retain Young Customers
Feb 21 2005 // Are you a baby boomer? Or do you consider yourself a Gen X’er? 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...
N.C. Agent Fined $220,000, Sentenced to Six Months in Jail for Embezzlement
Feb 18 2005 // North Carolina Insurance Commissioner Jim Long has announced the conclusion of an insurance fraud case against Eugenie H. Johnson of Fayetteville, who was accused of embezzling more than $220,000 from an insurance agency...
ProBuilders Enters N.E. Contractors’ Insurance Market
Feb 17 2005 // ProBuilders Specialty, a risk retention group managed by NationsBuilders Insurance Services, has entered a number of the New England states to offer contractors’ general liability coverage. The program will be...
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...
