Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Grow Small Commercial Accounts with a “Producer-Free Zone”
Sep 6 2004 // There are myriad reasons and methods for restructuring your agency. In my June 7, 2004, column I suggested completely eliminating your personal and commercial lines departments and replacing them with combined direct...
AAMGA University Aims Fundamentals Class at Newbies
Sep 6 2004 // Something different was definitely in the air at a seminar put on by the American Association of Managing General Agents (AAMGA) last June. As the group of MGAs and wholesale brokers settled in for the introductory dinner...
A World of Opportunity Exists Under the Umbrella Market
Sep 6 2004 // While it’s hard to find many positives about today’s increasingly litigious environment, it has helped fuel the need for both personal and commercial umbrellas. “We’re seeing an increased demand for...
E&O for Broker-Dealers
Sep 6 2004 // Nuts & Bolts: CalSurance launched a specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. CalSurance and Quanta Specialty Lines Insurance Co. have teamed up to offer...
LEE, MOON CAPTURE IIAJC TITLES:
Sep 6 2004 // Alina Lee, 14, of Evans, Ga., and Ji Ho Moon, 15, of Ellicott City, Md., took the top spots at the 36th annual Independent Insurance Agent Junior Classic (IIAJC), held recently at the Dornick Hills Country Club in Ardmore,...
E&O for Broker-Dealers
Sep 6 2004 // Nuts & Bolts: CalSurance launched a specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. CalSurance and Quanta Specialty Lines Ins. Co. have teamed up to offer this...
MICHAEL E. JAMES OFFERING FREE CABO TRIPS FOR AGENTS:
Sep 6 2004 // Mike James, president of Michael E. James Insurance Agency, plans to send agents out of the country to Mexico next year by implementing a reward program that enables qualifying agents and brokers to win an all expense paid...
National E&O Coverage for Broker-Dealers
Sep 6 2004 // Nuts & Bolts: CalSurance launched a specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. CalSurance and Quanta Specialty Lines Ins. Co. have teamed up to offer this...
Ease of Doing Business Plays a Critical Role When Choosing Carriers
Sep 6 2004 // How does the carrier-agency relationship affect the buying decision? More pointedly, how does the ease—or difficulty—of doing business with a carrier affect the agent’s decision of whether to place more or less...
Industry Works to put Low Cost Auto Program into Gear
Sep 6 2004 // The American Agents Alliance recently conducted a survey of independent insurance producers concerning California’s Low Cost Auto program. The program, enacted by the state Legislature in 2000 and operational since...
RiskProNet Members Offer Tips for Successful Cross-Selling
Sep 6 2004 // Giving lip service to the benefits of cross-selling is easy. Executing the strategy is quite a bit harder. What are key ingredients in successfully cross-selling property/casualty and employee benefits? At RiskProNet...
Are You Stuck with Your Head in the Sand’
Sep 6 2004 // You have probably seen property values in your community rise considerably over the last several years. As a seasoned insurance agent you know that market value is different than replacement value, but you still have an...
Dual Hurricanes Will Challenge Claims Handling Process
Sep 3 2004 // The historic one-two punch of Hurricanes Frances and Charley will make the claims handling process in Florida more difficult, but still manageable, according to the Insurance Information Institute (I.I.I.) The I.I.I....
Ala. Broker, Agent Agree to Plea Deal for Scam
Sep 2 2004 // Two insurance salesmen who admitted giving bribes for government business in Cherokee County, Ala., agreed to plead guilty and paid more than $125,000 in restitution for the scam, which could result in additional charges,...
L.A. Broker Sentenced for Insurance Premium Theft
Sep 2 2004 // On Aug. 31, Lory Caballero, of Eagle Rock, Calif., a licensed insurance agent and owner of L.C. Insurance Agency, was convicted of one count of felony grand theft. She was sentenced to five years of formal probation, 20...
Fla. Agent Facing Felony Fraud Charges
Aug 31 2004 // A Windermere, Fla. insurance agent who allegedly forged customers’ signatures and manipulated their trust to take out personal loans and earn fraudulent commissions may have scammed several Orange County residents...
Mass. Agents Seek Auto Commission Boost
Aug 30 2004 // The Massachusetts Association of Insurance Agents (MAIA) has filed for an average agency commission on private passenger auto insurance of $150.84 per vehicle, a 32 percent increase from the current $114 average. MAIA...
CII Notes Agenda for Annual Conference
Aug 30 2004 // The U.K.’s Chartered Insurance Institute (CII) will focus on the future for brokers when it convenes its annual Insurance & Financial Services Conference at the Convention Centre in Birmingham the 29 September...
Louisiana Agent Arrested for Alleged Fraud
Aug 30 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...
CitiGroup, Wells Fargo and BB&T Lead Bank Holding Cos. in Insurance Brokerage Fee Income
Aug 30 2004 // CitiGroup (New York, N.Y.), Wells Fargo & Company (San Francisco, Calif.), and BB&T Corporation (Charlotte, N.C.) lead bank holding companies in insurance brokerage fee income year-to-date through June 30, 2004,...
