Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
IIABL Offers La. Big I Network for Member Agents
Nov 18 2004 // The Independent Insurance Agents and Brokers of Louisiana (IIABL) reported it has established the Louisiana Big I Network to offer alternative markets for agencies that are restricted because of premium volume. What...
Maine Preparing Questionnaires for Largest Brokers
Nov 18 2004 // Maine has joined a nationwide investigation into price fixing and other abuses in the insurance industry. Maine Insurance Superintendent Al Iuppa said his department is working with the National Association of Insurance...
Sen. Fitzgerald Says Broker Fee Scandal May End Antitrust Exemptions
Nov 17 2004 // A bulletin from the office of lame-duck Illinois Republican Sen. Peter G. Fitzgerald indicates that: “It might be time to use federal antitrust enforcement to ensure that the insurance brokerage industry remains...
Mass. Must Face the Facts About Its Flawed Auto System, Commissioner Bowler Tells Agents
Nov 17 2004 // It’s time for Massachusetts to face the facts about its old ways of tightly regulating private passenger auto insurance and create a modern day system, Massachusetts Insurance Commissioner Julianne Bowler told agents...
Grange Offers New SIS Technologies to Agents
Nov 17 2004 // Columbus, Ohio-based Grange Insurance said it is employing a new technology that will allow its agents a more accurate, faster process for real-time submission of policy changes and new business. Grange said its agents...
Allied Insurance Joins Trusted Choice
Nov 17 2004 // Des Moines, Iowa-based property/casualty insurer Allied Insurance has joined the Independent Insurance Agents and Brokers of America’s Trusted Choice branding campaign. Allied, a division of exclusive-agent behemoth...
Study: Spitzer Probe to Reduce Brokers’ Bottom Line
Nov 16 2004 // A new industry study claims that the reactionary tactic of many leading brokers to abandon contingency commissions will ultimately lead to a significant hole in their bottom line earnings, as much as 25 percent, and will...
Fla. AG Issues Subpoenas to 11 Insurers
Nov 16 2004 // Florida Attorney General Charlie Crist on Tuesday issued subpoenas to 11 insurance companies as part of an ongoing investigation into the business practices of the insurance industry. The subpoenas seek documents and...
