Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Action Needed to Address State-Based Insurance Regulation
Nov 22 2004 // With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility...
P&C Agent E&O Program
Nov 22 2004 // Nuts & Bolts: Rockwood Programs expanded its existing property and casualty agents errors and omissions program. Coverage is now available in all 50 states and the District of Columbia. The core program, called the...
Turning 35: The National Alliance Looks Back … and Into the Future
Nov 22 2004 // Insurance education society has served more than 130,000 participants. 1969. It was the dawning of the age of Aquarius, it was one giant leap for mankind, it was the Summer of Love, it was Inna-Gadda-Da-Vida, baby. And, it...
Pickens: Despite Media Images Good Things Are Happening in Iraq
Nov 22 2004 // In late October 2004, Insurance Journal had the opportunity to speak with Arkansas Insurance Commissioner and former president of the National Association of Insurance Commissioners Mike Pickens about the time he spent in...
Progressive’s Black Box: Is Big Brother Good for the Industry’
Nov 22 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Feds Put Brake on More Direct-to-Consumer Crop Insurance Pending Further Review
Nov 22 2004 // American farmers and independent insurance agents selling crop insurance reportedly scored an important victory late Friday, when the Federal Crop Insurance Corp. (FCIC) Board put the brakes on the proliferation of Premium...
Fruitful Season: Buyers Keep Picking Off Agencies
Nov 22 2004 // Insurance agencies continued to be picked off at a healthy clip throughout 2004 but experts believe buyers will still be hungry in the new year. Several reports indicate that 2004 announced deals should exceed the number...
Industry Under Fire: Will Insurance Broker M&As Still Keep Pace’
Nov 22 2004 // Will pending investigations of insurance brokers halt the robust pace of the industry’s mergers and acquisitions (M&A) activity? In mid-October 2004, New York State Attorney General Eliot Spitzer filed a civil...
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Hurricane Spitzer to Take London by Storm
Nov 22 2004 // QUOTE:This will impact every underwriter in Lloyd’s and most in London, given the distribution chain they inhabit. There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to...
Mercury Insurance Loses Appeal in Broker Fees Case
Nov 22 2004 // Mercury Insurance Company producers acting as brokers are considered agents and not brokers, and thus are not entitled to collect any broker fees, according to the California Court of Appeals’ ruling in Krumme v....
Former Broker Convicted of Grand Theft
Nov 22 2004 // Alexander Silva, of Sylmar, Calif., a former insurance broker, pled guilty Oct. 22, 2004, to one count of grand theft. Silva was sentenced to 30 days in Los Angeles county jail, five years probation, and ordered to pay...
Former Bay Area Agent to Serve Jail Time
Nov 22 2004 // On Oct. 27, Herbert Amos Jones, of Bethel Island, Calif., pled guilty in Contra Costa Superior Court to one felony count of grand theft. Jones, a former California-licensed insurance agent and regional vice president of...
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Focus on the Future: Come 2014, Industry Should Look Very Familiar
Nov 22 2004 // PCI Execs Contend Current Players Will Adapt to Maintain Advantages Ten years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look...
PIA Western Alliance Unites Agents Across Nine States
Nov 22 2004 // Four Professional Insurance Association (PIA) affiliate chapters recently united to form the PIA Western Alliance, a 1,500-member organization for independent agents based in Vancouver, Wash. The four PIA chapters that...
Action Needed to Address State-Based Insurance Regulation
Nov 22 2004 // With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility...
Ohio Agents Nab Senate Insurance Chairman as Executive Vice President
Nov 19 2004 // Ohio Senate Insurance Committee Chair Scott R. Nein, a Republican, has joined the Ohio Association of Insurance Agents as executive vice president, the group announced recently. The group, affiliated with the national...
PIA Says Hunter’s Remarks During Senate Testimony “Outrageous and Not Constructive”
Nov 19 2004 // The National Association of Professional Insurance Agents has issued a strongly worded statement admonishing, J. Robert Hunter, the insurance director of the Consumer Federation of America (CFA), for statements made during...
Marshall & Swift/Boeckh Urges Agents to Halt Use of Quick Quote
Nov 19 2004 // A software maker is urging insurance agencies to stop using a cost-calculator that critics say resulted in inadequate coverage for many people who lost their homes in the Southern California wildfires last fall. Marshall...
