Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
In Washington Testimony on Broker Pay, Council Maintains Best Price Not Always Best Policy
Nov 16 2004 // The Council of Insurance Agents & Brokers said today it is “misguided” to presume that brokers and insurance carriers must be in an adversarial relationship to best serve their commercial customers. In...
At Senate Hearings into Broker Pay, NAIC Claims States Get Job Done without Headlines
Nov 16 2004 // New York Superintendent of Insurance Greg Serio, speaking on behalf of the nation’s state insurance commissioners, will tell a Senate subcommittee today that state regulators play a critical role in guaranteeing a...
Former Agent Codey Becomes N.J. Governor
Nov 16 2004 // Richard J. Codey, long time Democratic legislator and local independent insurance agent in his West Orange community, became New Jersey’s acting governor at the stroke of midnight. Codey assumed the office from James...
N.J.’s NIP Specialty Brokerage Adds Young, Silverman
Nov 16 2004 // NIP Specialty Brokerage LLC of Woodbridge, N.J. has added two senior brokers to its growing team. Shawn Young is a casualty insurance specialist with experience in general liability, products liability, auto liability and...
Independent Insurance Agents Defend Themselves at Senate Hearing over Broker Compensation
Nov 16 2004 // The nation’s largest independent insurance agency group will go before a Senate subcommittee in Washington today to attempt to put some distance between large insurance brokers facing allegations of illegal...
Conn. AG Urges Tougher State Action, Offers Own Insurance Reforms in Testimony Before Senate Panel
Nov 16 2004 // Despite charging that too many state insurance regulators have become “industry captives,” Connecticut Attorney General Richard Blumenthal is rejecting calls for federal intervention in the regulation of...
N.Y. AG Suggests Off-Shore Insurers, Rating Organizations, Insurer Investments Next Targets
Nov 16 2004 // New York Attorney General Eliot Spitzer signaled today he believes investigations of the insurance industry have only “scratched the surface” thus far of questionable activities and that additional probes are...
