Latest Agencies Headlines

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

Linda Halbleib Joins Lockton Insurance Brokers

Mar 9 2004 // Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, appointed Linda Halbleib as senior vice president in the Property and Casualty practice. She will be based in Lockton’s San...

Building Agency Value Through Perpetuation

Mar 8 2004 // The number of independent insurance agencies with revenue greater than $250,000 dwindled to 20,066 in 2000, from 35,000 in 1990. By 2010, the number of agencies will decline to less than 12,000. While some portion of...

ILL. AGENTS OUTLINE AGENDA:

Mar 8 2004 // Medical malpractice, electronic notification and surplus lines will be some of the hot property/casualty issues in the Illinois General Assembly spring session, according to a newsletter sent recently by the Professional...

Lawyers Marching on Atlanta

Mar 8 2004 // What lawyer doesn’t like a good fight? As we report in this issue of Insurance Journal Southeast, the Georgia Legislature is considering a number of bills that address tort reform in the Peach State (page 8)....

Small Businesses Start Small Then Grow into Big Businesses

Mar 8 2004 // According to the U.S. Census Bureau there were more than five million firms employing fewer than 20 people in 2001, not counting the millions of people who are self employed. Another 600,000 firms employed between 20 and...

The Hard Market’s Over … Or Is It’

Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal (this information is in poor taste, akin to discussing a woman’s age), and now have seen multiple hard and soft markets,...

MINICO INC. LAUNCHES NEW COMMERCIAL INSURANCE TECHNOLOGY SYSTEM:

Mar 8 2004 // Phoenix, Ariz.-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the...

CPIA SOCIETY ANNOUNCES NEW NAME AND LOGO:

Mar 8 2004 // The Certified Professional Insurance Agents (CPIA) Society, a national organization dedicated to providing sales training, networking and marketing innovation to insurance professionals, unveiled both a new name—American...

Model Behavior or Behavior Modeling’ Tools to Put Your Submission on Top

Mar 8 2004 // Underwriting risk is a tricky business whether in a hard or soft market. Competence and experience will always be a hard combination to find, but is greatly valued by strong companies. It’s amazing that even the best...

Handing Off Your Business: Five Ways Agents Can Develop Their Legacy

Mar 8 2004 // If you like your customers as much as we like ours, you probably care what happens to them over the long term. When you decide to make a career change or retire, and a family member is not going to take over the business,...

Small Businesses are Big Business

Mar 8 2004 // According to the U.S. Census Bureau there were 5,652,544 firms actively doing business in the U.S. in 2001, the latest available totals. This doesn’t count the millions of people who are self-employed. 5,036,845 of...

The Hard Market’s Over … Or Is It’

Mar 8 2004 // Surplus lines company executives and wholesalers at NAPSLO responded uniformly with broad smiles when asked about their 2003 results. Although I’ve been around the specialty industry for more years than I care to...

Brown & Brown Acquires Two N.J. Agencies

Mar 8 2004 // Florida-based Brown & Brown, Inc. announced that it has acquired the assets of Statfeld Vantage Insurance Group and Waldor Agency, Inc. Both are located in Florham Park, New Jersey. Joint announcements were made by...

IIABNJ YAC Hosts “Day in Trenton”

Mar 8 2004 // For the first time in its history, the Young Agents Council (YAC) of the Independent Insurance Agents & Brokers of New Jersey (IIABNJ) hosted a “Day in Trenton” on Thursday, March 4, 2004. The day was...

Venture Programs Expands Services through Web-based Underwriting Facility

Mar 8 2004 // Venture Programs announced that it has been selected to write business with ACE Complete, a Web-based underwriting facility for contracted program administrators and wholesale brokers. ACE Complete offers program...

Small Businesses Start Small Then Grow into Big Businesses

Mar 8 2004 // According to the U.S. Census Bureau there were more than five million firms employing fewer than 20 people in 2001, not counting the millions of people who are self employed. Another 600,000 firms employed between 20 and...

Ky. Agents Await Sentencing

Mar 8 2004 // According to the Fraud Investigation Division of the Kentucky Office of Insurance, two individuals have been convicted of committing fraudulent insurance acts. Mark A. Calitri, 34, of Richmond was found guilty of two...

Orlando Agent Pleads No Contest

Mar 8 2004 // An Orlando insurance agent has pleaded no contest to organized fraud and unlawful sale of insurance for soliciting doctors to buy bogus medical malpractice coverage. Michael Rock, 34, was arrested on the charges in...

A New Day in Alabama for the Independent Agent

Mar 8 2004 // We have found not all members are knowledgeable about all of the programs we have available for them, which means they are not getting the full value of their membership in the association. It’s hard to believe that...

Agents’ E&O: Crisis or Not’

Mar 8 2004 // As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high price. The...