Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
IIABA Selects MHBT as a Best Practices Agency
Sep 30 2004 // McQueary Henry Bowles Troy L.L.P. (MHBT), one of the largest independent commercial insurance firms in Texas, has been selected as a 2004 Best Practices Agency by the Independent Insurance Agents & Brokers of America...
Mass. A.G. Reilly Calls for 6.2% Cut in Auto Rates
Sep 30 2004 // Following up on his previous assertion that auto insurance in the state is actually too profitable, Massachusetts Attorney General Thomas F. Reilly has now called for a 6.2 percent cut in private passenger auto insurance...
Agent Association Supports House Bill Curbing Questionable Life Sales Practices
Sep 29 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) applauded the House Financial Services Committee for its approval of H.R. 5011, the Military Personnel Financial Services Protection...
Big ‘I’ Praises Approval of Terrorism Insurance Backstop Bill by Financial Services Committee
Sep 29 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) is hailing House Financial Services Committee passage of H.R. 4634, the Terrorism Risk Insurance Backstop Extension Act. The Association...
Alliance Mutual Teams with Homes4NC to Aid Hurricane Victims in Western Part of N.C.
Sep 28 2004 // Alliance Mutual Insurance Company, based in Greensboro, North Carolina, has partnered with Homes4NC, the North Carolina Association of REALTORS® Housing Opportunity Foundation, to aid those in Western North Carolina who...
Soldiers Targeted: Ga. Regulator Expanding Life Insurance Sales Probe
Sep 27 2004 // A probe into improper sales of life insurance products to soldiers at Fort Benning, Ga. is expanding to other bases, other states, and as many as five companies, according to Georgia Insurance Commissioner John...
Wall Joins MacCorkle Insurance
Sep 24 2004 // San Mateo, Calif-based MacCorkle Insurance Services, an independent, multi-line insurance broker, announced the selection of Bradford J. Wall as director of operations. Wall has over 32 years of experience in the insurance...
CIAB Urges TRIA Extension, Passage of Regulatory ‘Roadmap’ at Testimony
Sep 24 2004 // The Council of Insurance agents & Brokers has told Congress that it “should move to extend the federal terrorism backstop beyond its Dec. 31, 2005, expiration date because the private marketplace is not prepared...
Arthur J. Gallagher Acquires Texas Brokerage
Sep 23 2004 // Arthur J. Gallagher & Co. announced it has acquired the Sheridan Insurance Group of Friendswood, Texas. Terms of the transaction were not disclosed. Founded in 1984, the Sheridan Insurance Group, doing business as...
Grand Jury Indicts 16 Including Lawyers and Agent for Alleged Lawrence, Mass. Auto Fraud
Sep 23 2004 // Sixteen people, including three lawyers and four chiropractors, have been indicted by a special grand jury in Essex County for their alleged involvement in auto insurance fraud in Lawrence. The 16 were summonsed for...
Acordia Opts for Applied’s Vision Series
Sep 23 2004 // Chicago-based Acordia Inc. became the largest insurance brokerage to date to adopt The Agency Manager Vision Series, the enterprise agency management solution from University Park, Ill.-based Applied Systems Inc. Acordia...
Progressive Introduces ‘Drive’ Brand for Independent Agents and Brokers
Sep 23 2004 // For weeks, more than 1,200 of Progressive’s largest independent agents and brokers have speculated about why the company invited them to meet in Las Vegas. Their questions were finally answered as the Progressive...
Wyrsch Sworn In as N.J. Big ‘I’ Chairman
Sep 23 2004 // The Independent Insurance Agents and Brokers of New Jersey (IIABNJ) swore in new officers for the 2004/2005 year at its 111th annual conference in Newport, Rhode Island. Dave L. Wyrsch, Sr., of The Van Dyk Group in Beach...
St. Paul Travelers Releases “Breaking the Code” on CD for Personal Lines Agencies
Sep 22 2004 // St. Paul Travelers (SPT) announced the release in book and CD form of a series of popular presentations that Lloyd “Skip” Daigle, Vice President of Agency Development at Travelers, has given to independent...
Pa. Department Adds Agent Search to Web Site
Sep 22 2004 // Pennsylvania Insurance Commissioner Diane Koken announced that the department’s web site has a new search feature for both consumers and insurance producers licensed in Pennsylvania. The new “licensed...
A Fresh Look at Rating Territories for Auto and Homeowners Insurance
Sep 20 2004 // Inaccurate Territories and Assignments Hurt Consumers, Agents and Companies Territories offer tremendous opportunities for insurance companies to better segment their book of business, but private passenger auto and...
LEE, MOON CAPTURE IIAJC TITLES:
Sep 20 2004 // After four days of intense play and weather delays at Dornick Hills Country Club in Ardmore, Okla., the 36th annual Independent Insurance Agent Junior Classic (IIAJC) concluded recently in thrilling fashion for newly...
Mass. Insurers’ Rate and Agents’ Commission Bids Add Up to 9.3%
Sep 20 2004 // A request by Massachusetts agents for a 32 percent boost in commissions brings the overall private passenger auto insurance rate hike sought by the industry for 2005 to 9.3 percent, up from the original 5.8 percent figure,...
LOANS LEAD TO AGENT’S ARREST:
Sep 20 2004 // The Louisiana State Police Fraud Unit arrested a Leesville, La., insurance agent and Department of Insurance Fraud Unit investigators issued the man a Cease and Desist Order and Summary Suspension of his license for...
Outsourcing Allows Agents and Brokers to Focus on Core Competencies
Sep 20 2004 // Increased customer satisfaction, reduced overhead. When an operational limit is hit, insurance agents and brokers often turn to outsourcers. They may need to increase their physical capacity to handle new customer...
