Latest Agencies Headlines

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

Big I Board Nominates Stiglitz as President-Elect

May 3 2004 // The Independent Insurance Agents & Brokers of America’s Board of State Directors has nominated William G. Stiglitz III as the association’s president-elect and has elected Alex Soto, CPCU, ARM, as the...

Kentucky Market Gallops Along Under Acting Executive Director

May 3 2004 // With agents witnessing increasing competition in Kentucky’s property/casualty market, Kentucky Office of Insurance Acting Executive Director Glenn Jennings recently talked with Insurance Journal Southeast. Jennings...

Agencies Underpay CSRs, Overpay Producers, Argues Consultant Bates

May 3 2004 // East News • April 15 “Right on the mark. Problem is that the insurance companies think the agency system would do better to fire all CSR’s and use their call center leaving just producers to sell. Sorry,...

Real Technology Issues Facing Agents Today

May 3 2004 // Based on the many conversations I’ve had with agents, I think it is safe to say that they are sick to death of doing multiple entries of the same data. Real-time, security, download, paperless to the agent, multiple...

Report on Mass. Auto Cites Rate Subsidies and Barriers to Entry; Romney to Name Task Force

Apr 29 2004 // A much-anticipated analysis of the Massachusetts private passenger auto insurance system finds that 14 percent of the state’s drivers pay less than loss costs indicate they should, while 86 percent pay more to...

Ky. Account Executive Nominated Big ‘I’ President-Elect; Fla.’s Soto Named Next VP

Apr 29 2004 // The Independent Insurance Agents & Brokers of America ‘s (the Big “I”) National Board of State Directors has nominated William Stiglitz III as the association’s president-elect and has elected...

Pa. Agent Meets 5 to 12 Year Prison Term

Apr 29 2004 // Pennsylvania Attorney General Jerry Pappert announced that a former Lancaster County insurance agent was sentenced to 5 to 12 years in state prison for reportedly bilking 71 elderly victims out of nearly $3 million in...

Assurex Global Gathers Partners in London to Celebrate 50 Year Anniversary

Apr 29 2004 // Assurex Global Partners from all corners of the globe have gathered in London, this week, April 27 – 30, for a gala celebration commemorating “50 years of independence and growth.” The worldwide grouping...

Willis Reports Record Q1 Results – $148 Million Net

Apr 29 2004 // Global insurance broker Willis Group Holdings Limited has reported record results for the quarter ended March 31, 2004. Net income was $148 million, or $0.87 per diluted share, compared with $117 million, or $0.69 per...

IIANC Ships Goods to Troops in Iraq

Apr 29 2004 // The Independent Insurance Agents of North Carolina (IIANC) along with independent agencies and companies around the state have begun a campaign to send supplies to our troops in Iraq. To date more than 50 boxes have been...

Philadelphia Insurance Agents Get Real Time Commercial Auto Services

Apr 29 2004 // Philadelphia Insurance Companies (NASDAQ: PHLY) has launched AutoIDweb, a new service on its AccessPHLY Agent Web Portal that provides agents access to their commercial auto policies with the ability to add/delete vehicles...

Industry Asks House to Extend TRIA

Apr 28 2004 // Congress should act this year to extend the national terrorism insurance backstop beyond Dec. 31, 2005, because the private market remains unable to withstand potentially catastrophic losses resulting from terrorist...

TDI, State Agencies to Hold Business Opportunity Forum

Apr 27 2004 // The Texas Department of Insurance announced that it, along with other state agencies including the Secretary of State, State Board for Educator Certification, Texas Higher Education Coordinating Board and Texas Department...

Alliance Looking for Broker/Agent Responses to Low Cost Auto Survey

Apr 27 2004 // With the California Low Cost Automobile Insurance program developing into a major issue this year, both in the Legislature and at the Department of Insurance, the American Agents Alliance is interested in finding out what...

N.C. Agents Tee-Off for Young Golfers to Play in Regional IIAJC Qualifying Tournaments

Apr 27 2004 // The Independent Insurance Agents of North Carolina will sponsor qualifying tournaments for the annual Independent Insurance Agent Junior Classic (IIAJC) national finals. The tournament is open to local junior...

Progressive Promotion Will Give Away RVs to Six Agents

Apr 27 2004 // In an effort to highlight new features for its RV product, the Progressive group of insurance companies has launched a nationwide promotion by giving away six 2005 Jayco Jay Feather EXP 18′ travel trailers, valued at...

New Orleans Bail Bond Agent Shut Down

Apr 26 2004 // The Louisiana Department of Insurance announced that a New Orleans-area bail bond agent was shut down on charges of operating without a valid license, alleged violations of the law involving personal surety bonds, and...

Despite N.Y. Attorney General Concern, CIAB Says Placement Service Agreements Not an Issue

Apr 26 2004 // The Council of Insurance Agents & Brokers commented that Placement Service Agreements (PSAs) between commercial insurance brokers and the insurance carriers with which they do business are not an issue of concern in...

Mass. Rep. Barney Frank Covers a Flood of Issues on Final Day at National Legislative Conference

Apr 23 2004 // Washington, D.C. – Rep. Barney Frank (D-Mass.), ranking member of the House Financial Services Committee, told a gathering of independent insurance agents on the final day of the Independent Insurance Agents &...

N.Y. Attorney General Spitzer Targets Insurance Broker Compensation Agreements

Apr 23 2004 // Marsh& McLennan, Willis Group and Aon Corporation have confirmed that they have received subpoenas from New York Attorney General Eliot Spitzer. The subpoenas are seeking information as part of a preliminary inquiry...