Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Wyoming Med-Mal Rates on the Rise
Jun 7 2004 // Medical malpractice insurance rates are on the rise in Wyoming, and lawmakers anticipate being called into a special legislative session this summer to address the issue. The Doctors Co., which insures about 30 percent of...
ACORD LAUNCHES NEW ADVANTAGE WEB SITE:
Jun 7 2004 // ACORD’s new Advantage Web site (www.acordadvantage.org), which was launched recently at the ACORD LOMA Insurance Systems Forum, will reportedly improve ACORD Advantage agents and brokers access to ACORD’s...
Regional Focus
Jun 7 2004 // Former Speaker of the House Tip O’Neill was attributed with the comment that “all politics are local.” The same could be said for the insurance industry—insurance coverage is definitely local. In...
IBA West Blue Ribbon Conference Focuses on Workers’ Comp
Jun 7 2004 // Approximately 300 independent agents, brokers and senior level insurance company executives attended the IBA West 18th annual Blue Ribbon Conference, held May 2-6, 2004 at the Mauna Lani Resort located on the Kohala coast...
Summer Means Wild Weather in Some Western States
Jun 7 2004 // Summer is here and with it comes unstable weather conditions that can cause problems for consumers and agents alike in some parts of the United States. As if ushering in the season, insurers and insurance organizations are...
Could the California Wildfires Have Been Predicted’
Jun 7 2004 // Lessons for Agents and Insurers In late October 2003, major wildfires broke out in five southern California counties, burning more than 750,000 acres, or an area the size of Rhode Island. These devastating fires burned for...
The Broker–The Policyholder’s Advocate
Jun 7 2004 // Some large brokerage firms are under siege by New York Attorney General Eliott Spitzer as his investigation scrutinizes the legality of the longstanding practice of Placement Service Agreements (PSAs). This is really about...
Unitrin, CSC Conclude Outsourcing Contract
Jun 4 2004 // Calif.-based Computer Sciences Corporation announced a seven-year agreement with Trinity Universal Insurance Company, a subsidiary of Unitrin, Inc., to provide Unitrin Multi Lines Insurance’s commercial lines of...
PIA, GE AWS Marketing Partnership Pact for Agents
Jun 3 2004 // The National Association of Professional Insurance Agents announced a new marketing partnership, effective immediately, with GE Auto Warranty Services (GE AWS). The exclusive, long-term national agreement, will enable...
Ohio Brokerage Launches Branding Campaign
Jun 3 2004 // The Toledo, Ohio, insurance and financial services firm of Savage & Associates is launching a new branding campaing that will encompass print, radio and outdoor ads along with a new Web site. The theme of the ads,...
AMS Says Real-Time Comparative Rater is Only Months Away
Jun 2 2004 // Leading agency automation provider AMS says it is just months away from completing a real-time comparative rater that will satisfy independent agents’ need for a single-entry, multiple carrier interface, also known...
Finally Got a Piece of the Pie: Breaking Down the Public Entity Barrier
Jun 2 2004 // From a small- to mid-sized agency’s perspective, producing public-entity business can seem like a Herculean task. The risks are often large and complex, and the political circumstances in which public entities are...
Michigan Agents Urge No Vote on Helmet Repeal
Jun 2 2004 // The Michigan Association of Insurance Agents (MAIA) said that any attempt to weaken or repeal the state’s motorcycle helmet law will increase deaths and injuries for cyclists and raise insurance and medical costs....
In Virginia, Prepaid Legal Agents Must Register with Consumer Affairs Office Starting July 1
Jun 2 2004 // In response to a law change taking effect July 1, 2004, agents selling prepaid legal service plan contracts in Virgnia must register with the Office of the Consumer Affairs (OCA) at the Virginia Department of Agriculture...
SCA Insurance Completes Nexsure Deployment and Achieves Enhanced Levels of Productivity
Jun 2 2004 // SCA Insurance of Pueblo, Colorado, a large multi-office agency, had been watching the insurance agency management system market for years, keeping an eye open for a new and compelling agency management solution. Having...
Missouri DOI to Give Agent Tax Scofflaws Extra Warning Before Revoking Licenses
May 28 2004 // The Missouri Department of Insurance (MDI) announced it will provide an additional 15 days’ extra warning before it revokes licenses when agents have apparent unpaid tax liabilities to the state. MDI said it has...
ACT Unveils Agent-Broker ‘One-Stop’ Web Site for Real-Time Interface Information
May 28 2004 // The Agents Council for Technology (ACT) is announcing ACTtech, a new Web-based service that enables independent agents and brokers to assess the latest real-time interface technology solutions that vendors and carriers are...
Willis Takes Majority Control of Argentina Broker
May 27 2004 // Global insurance broker Willis Group Holdings announced that it has finalized the buy-out of a 20 percent stake in Herzfeld & Levy, the Group’s retail operation in Argentina. On completion of the transaction...
N.H. Orders Audit of Insurance Broker Fees
May 27 2004 // The New Hampshire Legislature’s audit division will be looking into fees paid to brokers for handling the state’s insurance contracts. The joint legislative Fiscal Committee voted unanimously to approve the...
AIG Small Business Introduces New Online Services for Insurance Brokers and Agents
May 27 2004 // AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group, announced the launch of “AIG eDelivery(SM),” a new submission status and policy retrieval system...
