Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Crop Insurers, Agents Unhappy With $36 Million Subsidy Cut for 2005
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s standard reinsurance agreement (SRA) came and went June 30. While all the 14 insurers that participated in the...
Crop Insurers, Agents Unhappy With New SRA’s $36 Million Subsidy Cut
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement (SRA) came and went June 30. And while all the 14 insurers who participated in the...
Lowering the Bar
Jul 19 2004 // The American Association of Trial Lawyers held its annual convention in Boston early this month. Supreme Court Justice Stephen Breyer was among the speakers. The following is an exchange of e-mails between ATLA and yours...
FAIA 100th Conference Serves Up Banner Century, Honors Past Leaders
Jul 19 2004 // Orlando – From Capt. Scott O’Grady who survived six days in hostile territory after his F-16 was shot down enforcing the no-fly zone over Bosnia. To Independent Insurance Agents and Brokers of America’s...
Sun, Sand and Deregulation Featured at Louisiana Agents’ Convention
Jul 19 2004 // It may have seemed like the Independent Insurance Agents and Brokers of Louisiana (IIABL) were just out for fun in the sun when they met in Destin, Fla. last month for their 102nd annual convention. In reality, this...
Agents: Insurance Company Markets Aren’t Always Going to Come to You!
Jul 19 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers with which they place business. Unfortunately, despite their best...
Wildfire Victims Question Industry’s Cost Calculator
Jul 19 2004 // Don Robinson says his Residence Mutual insurance policy pegged the cost of replacing his San Diego home at $233,000. After Southern California’s wildfires destroyed the 40-year-old biologist’s four bedroom...
The Trust Factor-Building Relationships with Your Clients
Jul 19 2004 // Baffled by the product, overwhelmed by policy verbiage and totally put off by the adversarial nature of the whole business, consumers nationwide express having serious trust issues with the insurance industry. In...
Former North Carolina Agent under Investigation for Embezzlement
Jul 19 2004 // North Carolina Insurance Commissioner Jim Long announced that Gevedon Insurance Agency, of Columbus, is currently under criminal investigation for numerous charges of alleged embezzlement. Polk County Sheriff’s...
Brokers Urged to Avoid Surprises in Lawyers’ E&O
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising, but the questions that today’s insurance underwriters ask about law firm accounts might be, as the attendees at a...
China Wakes Up as the World Watches
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Marketing Leads to an Overabundant Number Of Prospects
Jul 19 2004 // To be successful in marketing commercial lines requires a detailed plan. The first step in any process is to assess where you are right now. As Yogi Berra once said, “If you don’t know where you’re going,...
American Agents Alliance Unveils New Web Site
Jul 16 2004 // The American Agents Alliance is proud to announce the completion of a three-month redesign of its Web site. The project, spearheaded by the association’s Technology Committee, represents ongoing efforts to utilize...
Texas Gov. Targets Fraud in Executive Order
Jul 14 2004 // Texas Gov. Rick Perry issued a sweeping directive to all state agencies to establish wide-ranging efforts to detect and eliminate fraud in government programs. “Fraud increases the price employers pay for worker...
Iowa Big I to Host Midwest Agribusiness Conference
Jul 14 2004 // The Independent Insurance Agents of Iowa is holding a two-day training seminar focusing on farm and agribusiness insurance risks Oct. 19-20 in Des Moines. The seminar, dubbed “The First Midwest Agribusiness...
Insurers Must Go Paperless in Right Way, Group Says
Jul 14 2004 // A report issued by the Agents Council for Technology said that if the move by insurers to “turn off” paper documentation is not done in the right way it could seriously set back agency efficiency. The report,...
Trio of Mass. Agencies Agree to Provide Long-Term Care Disclosures to Residents
Jul 13 2004 // Three Massachusetts insurance agencies have agreed to each pay $2,500 in civil penalties and provide legally required information about long-term care insurance, under the terms of three separate assurances of...
S&P: Mercury Casualty Co., Affiliates Ratings Affirmed
Jul 13 2004 // Standard & Poor’s has affirmed its ‘AA’ counterparty credit and financial strength ratings on Mercury Casualty Co. and Mercury Insurance Co. as well as its ‘AA’ financial strength rating...
IIABA Testifies on Gramm-Leach-Bliley Act; Says Legislation Reaffirmed State Authority
Jul 13 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) testified on Tuesday before the Senate Banking Committee that the landmark 1999 Gramm-Leach-Bliley Act (GLBA) has not fundamentally...
Gregg Higgins joins E.L.M. Insurance Brokers Inc.
Jul 13 2004 // Frederick J. Fisher, president and CEO of Los Angeles-based E.L.M. Insurance Brokers Inc., specialists in professional liability coverages, announced that Gregg Higgins has recently joined E.L.M. as director of field...
