Latest Agencies Headlines

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

Brooke Subsidiary Introduces Auto Insurance Specialty

Feb 19 2004 // Shawn Lowry, president of Overland Park, Kan.-based Brooke Corp.’s franchise subsidiary, announced the introduction of a Brooke franchise for insurance agents that specialize in the sale of automobile...

Arkansas Clarifies Agent Appointment Rules

Feb 19 2004 // The Arkansas Insurance Department issued the following bulletin clarifying changes to the rules for company appointment renewals required by legislation passed in 2003: Every insurer (“company”) appointing an...

Hussmann Joins Lockton Insurance Brokers

Feb 19 2004 // Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, has named Bob Hussmann vice president and employee benefits practice leader. He will be based in Lockton’s recently opened...

CPIA Society Announces New Name and Logo

Feb 19 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 –...

Amica Announces Move to XDimensional Technologies’ Nexsure for Branch Office Automation

Feb 18 2004 // For over twenty five years, Kevin Cotter has been on the information technology fast-track, ensuring that Amica Insurance’s ERP (Enterprise Resource Planning) systems stay in step with changing consumer demands. His...

Third Fla. Agent Pleads Guilty in Insurance ‘Sliding’ Scheme

Feb 17 2004 // A third agent has pleaded guilty to racketeering and conspiracy to commit racketeering for his reported role in a scheme to slide undisclosed coverages and hidden costs to hundreds of Florida auto insurance...

Ill. Agents Outline Legislative Agenda

Feb 16 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...

MiniCo Inc. Launches New Commercial Insurance Technology System

Feb 13 2004 // Phoenix-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 organization’s...

AIG Reports Record 2003 Net Income of $9.27 Billion

Feb 12 2004 // American International Group, Inc. (AIG) reported that its net income for the full year 2003 increased 68.0 percent to a record $9.27 billion, compared to $5.52 billion in 2002. Net income excluding realized capital gains...

California StoneGate and Heffernan Insurance Brokers to Merge

Feb 11 2004 // On Jan. 15, 2004, Tom Hebson, vice president and CFO of California StoneGate Insurance Services and F. Mike Heffernan, president of Heffernan Insurance Brokers, signed a letter of intent for a proposed merger between the...

Wausau to Use IVANS Transformation Station

Feb 11 2004 // Wausau Insurance has contracted with IVANS to use Transformation Station in an attempt to streamline the submission and quoting process of middle-market business for agents and brokers. Wausau has developed the technology...

Broker Group Makes a Federal Case of Countersignature Laws

Feb 11 2004 // The Washington, D.C.-based Council of Insurance Agents and Brokers (CIAB) has filed suit in South Dakota, West Virginia and the U.S. Virgin Islands challenging statutes that preclude out-of-state insurance brokers from...

Group Urges Calif., N.Y. Regulators to Probe Broker Practices

Feb 11 2004 // A conservative legal group has called for insurance regulators and attorneys general in California and New York to investigate conflicts of interest they say are caused by placement service agreements (PSAs) and the...

PIACT Prepares for 2004 Annual Convention

Feb 10 2004 // The Professional Insurance Agents of Connecticut Inc.’s 2004 annual convention is scheduled for March 16-17, 2004, at Foxwoods Resort Casino, Mashantucket, Conn. Last year nearly 500 insurance industry...

Louisiana Agent Arrested

Feb 10 2004 // A LaPlace, La. insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds, according to Louisiana Commissioner of Insurance Robert Wooley. Department of Insurance Fraud...

Got to Get Away’

Feb 10 2004 // Independent insurance agents go to conferences and conventions to learn, to network, to meet company reps and, sometimes, just to get away. Opportunities to do all of those things abound this year for agents in Arkansas,...

Arthur J. Gallagher & Co. Acquires Louisiana Agencies

Feb 9 2004 // Illinois-based Arthur J. Gallagher & Co. announced it has acquired Roberts & Eastland LLC and Persac Insurance Agency of Baton Rouge, La., effective Jan. 31, 2004. Terms of the transactions were not...

N.Y. AGENTS SET LEGISLATIVE AGENDA:

Feb 9 2004 // Despite a recent decision by the state’s Court of Appeals that narrows the scope of the state’s so-called labor or scaffold law, the Independent Insurance Agents & Brokers of New York Inc. insists it will...

IIABA NATIONAL LEGISLATIVE CONFERENCE RUNS APRIL 21-23:

Feb 9 2004 // The Independent Insurance Agents and Brokers of America has scheduled the 28th annual National Legislative Conference for April 21-23 at The Capital Hilton in downtown Washington, D.C. The event, which always features...

Political Season Again’

Feb 9 2004 // Presidential politics have been claiming the headlines of late, what with the Democrats holding primaries and President Bush crossing the country giving “non-campaign” campaign speeches. But in Texas a...