Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurance Marketing and Communications
Jan 3 2005 // How to Produce Client Seminars As we develop our marketing and communications plans for 2005, one of the most effective ways a broker can provide a customized service to its clients is by producing educational seminars on...
2003-2004 California Year-End Legislative Repo
Jan 3 2005 // A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents &...
Lessons Learned from a Cherry Red Car
Jan 3 2005 // The last Oldsmobile, painted a commemorative dark cherry red, rolled off the assembly line in April 2004. During its 107-year history, the company produced more than 35 million cars and pioneered innovations like...
Millions of families have wrong insurance coverage
Jan 2 2005 // Trusted Choice survey shows consumers remain underinsured for major life, work events At least 32 million U.S. households own insurance policies that aren’t right for them, a new national survey conducted by...
N.Y. Legislative Insurance Panel to Hear Brokerage Compensation Issues Jan. 7
Dec 31 2004 // A New York Assembly Committee hearing into insurance brokerage practices, originally scheduled for Dec. 6, has been rescheduled for Friday, Jan 7. The hearing will be held in the auditorium of the U.S. Customs House, 1...
Big ‘I’ Recognizes NAIC Efforts, Seeks Further Clarity
Dec 30 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) on Wednesday credited the National Association of Insurance Commissioners’ (NAIC) for its hard work on a compensation disclosure...
Rios Joins Compass as Underwriter/Broker
Dec 29 2004 // California-based The Harry W. Gorst Co. and Compass Insurance Group of Agencies Inc., announced the hiring of Evon Rios as a broker and will be situated in the San Diego area. This year, Rios celebrated 21 years in the...
The Midwest’s Top 10 Newsmakers in 2004
Dec 29 2004 // What a long, strange trip it’s been. The year started with the two Chicago-area property/casualty insurance trade groups, the National Association of Independent Insurers and the Alliance of American Insurers,...
CDI Inquires About Zenith’s Broker/Agent Arrangements
Dec 28 2004 // Woodland Hills, Calif.-based Zenith National Insurance Corp. announced that its California domiciled insurance subsidiaries have received letters of inquiry from the California Department of Insurance (CDI) requesting...
Affirmative Acquires Assets of Agencies in Florida, Texas
Dec 23 2004 // Addison, Texas-based Affirmative Insurance Holdings Inc. reported it has signed definitive agreements to acquire the assets of two non-standard automobile insurance agency operations. In two separate transactions,...
Toland Joins Westrope’s Calif. Office as Casualty Broker
Dec 22 2004 // Twelve-year-old Kansas City, Mo.-based wholesaler Westrope announced the addition of Scott Toland as a casualty broker in its Irvine, Calif., office. Toland comes to Westrope from the AIG Cos., where he provided...
The Hartford Latest Insurance Company to Hire Top Prosecutor to Deal with Blizzard of Subpoenas
Dec 22 2004 // The Hartford Financial Services Group has hired a top federal corruption prosecutor in Connecticut amid a wave of state investigations into the insurance industry. The Hartford, which has been subpoenaed by attorneys...
Proposed Calif. Producer Compensation Regulation Confusing, Unnecessary Says ACIC
Dec 22 2004 // The Association of California Insurance Companies (ACIC) strongly criticized a proposed California Department of Insurance regulation on insurance agent and broker practices because the measure is overly broad, poorly...
IJ Online Launches ‘How to Write’ Educational Seminars
Dec 21 2004 // Insurance Journal will introduce the first of a series of “How to Write” online video seminars beginning on Thursday, Jan. 20, 2005. The “How to Write” series offers agents and brokers dynamic,...
Willis Acquires Mexican Broker Maisterrena
Dec 21 2004 // Global insurance broker, Willis Group Holdings, announced the purchase of the business of the insurance broker Maisterrena Asesores, Agente de Seguros y De Fianzas, SA de CV. The terms of the transaction were not...
Insurance Practices Under Scrutiny in Arkansas Investigation
Dec 20 2004 // The Arkansas Insurance Department has begun an investigation into the practices of Arkansas insurance brokers and companies in light of the recent bid-rigging allegations against one of the nation’s top brokers. The...
IIAT SAYS HOMEOWNERS RATES DOWN:
Dec 20 2004 // Homeowners who buy insurance from independent insurance agents in Texas should be seeing lower premiums and better coverages, according to a survey conducted by the Independent Insurance Agents of Texas of its 1,800-member...
AIG CHIEF SEES ‘LEANER’ BROKERS:
Dec 20 2004 // The chairman and chief executive officer if AIG said he thinks the ongoing broker investigations will cost large insurance brokers some of their top people and eventually make brokers leaner and more responsive to...
New York Agents See Hard P/C Insurance Market Lingering
Dec 20 2004 // Independent agents and brokers in New York see premium rates continuing to increase and coverage choices failing to improve for most lines of property casualty insurance in the state despite industry and press reports to...
