Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Governor Signs Three Post-Fire Homeowners Bills

Sep 20 2004 // Governor Arnold Schwarz-enegger signed three homeowners bills into law that responded to problems arising out of last year’s Southern California wildfires. Two of the bills, AB 2199 and SB 64, were considered part of...

Hurricanes Equal Crunch Time for Reinsurers

Sep 20 2004 // High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. The office is not run by a federal disaster...

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...

Hurricanes Mean Crunch Time for Reinsurance Industry

Sep 20 2004 // High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. This office in Atlanta is not run by a...

Adding Value in the Workers’ Comp Market Through Technical Analysis

Sep 20 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...

Successful Agencies Build on Management Systems

Sep 20 2004 // Creating the right mix of hardware and software can help agencies using any management system to—as the name says—better manage their agency. Ask adults what they like most about McDonald’s fast food restaurants,...

Mass. Approves Commercial Auto Market Reforms

Sep 20 2004 // Massachusetts Insurance Commissioner Julianne Bowler has approved plans to implement a limited servicing carrier program for the state’s commercial auto residual market as proposed by Commonwealth Auto Reinsurers...

Progressive Weighs Rebranding for Independent Agency Force

Sep 20 2004 // Mayfield Village, Ohio-based leading vehicle insurer Progressive Corp. has called its top-selling independent agents to a meeting in Las Vegas this week to unveil what is described by a company spokeswoman as an...

One-on-One with NAPSLO’s Outgoing President

Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...

Building Relationships Key to Success Says NAPSLO’s Incoming President

Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando Convention Thirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus...

Profit Center Accounting

Sep 20 2004 // Is personal lines costing the agency money? How profitable is that new program business the agency is promoting? What would happen to the bottom line if employee benefits sales increased by 25 percent? When is it time to...

Knowing vs. Doing in a Changing Marketplace

Sep 20 2004 // As the market changes do you possess the courage to do what you know you have to do? We agents are intelligent folks. We’re smart enough to know what is right and what is not. Yet, we too often don’t have the...

Heath Names Kaspar as Property Broker

Sep 20 2004 // Specialty-lines brokerage Heath Insurance Brokers announced that Chris Kaspar has joined its Chicago office as an assistant vice president and property broker. He comes to Heath after spending eight years working in the...

Growth Determines Retail, Wholesale Broker’s Value

Sep 20 2004 // Sustaining Progress in a Changing Rate Environment The wind has been at the back of insurance agents and brokers for the past several years and has resulted in smooth sailing. Organic growth rates have been in double...

Going Paperless – Is it for the Independent Agency’

Sep 20 2004 // All Agencies Can Benefit from a Paperless Environment Many independent insurance agents and brokers are used to the concept of “paperless processing” since most of the insurance companies they represent utilize...

Successful Agencies Build on Management Systems

Sep 20 2004 // Ask adults what they like most about McDonald’s fast food restaurants, and it probably won’t be the food, especially in our increasingly health-conscious society. It’s the fact that wherever we...

Mergers & Acquisitions Made Easy with Your Strategic Advisory Director

Sep 20 2004 // There’s no doubt that mergers and acquisitions are a booming trend right now. Every day, agencies purchase other agencies; large insurers buy out agencies, brokerages merge together to form a united front against...

Chubb Deploys New Technology for E&O Coverage

Sep 17 2004 // The Chubb Group of Insurance Companies announced the development of “a new tool to help agents, brokers and their information and network technology clients save time and money when applying for errors and omissions...

Va.’s Hilb Rogal Acquires Wisconsin Broker

Sep 17 2004 // Hilb Rogal & Hobbs Company (NYSE:HRH), a worldwide insurance and risk management intermediary based in Richmond, Va., has agreed to acquire the operating assets of Insurance Services, Inc., (Insurance Services), a...

Ark. Updates Policy for Non-Resident Agent Licenses

Sep 17 2004 // Effective Sept. 30, 2004, the Arkansas Insurance Department will no longer require a non-resident individual to provide a current home state certification with a new license application or for a license renewal if the...