Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
La. Agent Arrested, License Suspended
Nov 10 2003 // A Baton Rouge, La. insurance agent (producer) was arrested, had his insurance license suspended and was ordered to cease and desist from doing any insurance business for allegedly misappropriating insurance funds,...
State Orders Calif. Restaurants to Close Due to Lack of WC Coverage
Nov 10 2003 // State Labor Commissioner Art Lujan ordered the closure of nine International House of Pancakes (IHOP) restaurants in Sacramento and Fresno because the restaurants did not have a valid workers’ compensation insurance...
Agents Tout Pragmatic Reforms During House Hearing
Nov 7 2003 // Former Independent Insurance Agents & Brokers of America (IIABA) President Tom Ahart and Ronnie Tubertini, chairman of IIABA’s Government Affairs Committee, on Thursday provided their perspectives on the current...
SCOR Posts $400 Million Nine-month Loss; Rating Agencies React
Nov 7 2003 // France’s SCOR Group, the world’s seventh largest reinsurer, announced a nine-month loss of 349 million euros ($400 million), prompting both A.M. Best and Moody’s to place their ratings on the company and...
IIASA Nov. Membership Luncheon to Feature IIAT Directors
Nov 6 2003 // The Independent Insurance Agents of San Antonio announced its Nov. 20 membership luncheon speakers will be David VanDelinder, executive director of the Independent Insurance Agents of Texas, and Bill Wade, IIAT’s...
Ariz.-based International Insurance Launches Two New Products
Nov 5 2003 // Flagstaff, Ariz.-based International Insurance Group Inc., a managing general agent for Mexico Crossborder Transportation Insurance, announced the launch of two new online products available via its Web sites at...
Big “I” Sees International Success with New Associate Member Status
Nov 4 2003 // The Independent Insurance Agents & Brokers of America announced that two Japanese brokers are the first international insurance professionals to join IIABA by taking advantage of its new “associate...
Rosemead Broker Arrested for Grand Theft, Forgery
Nov 3 2003 // A former insurance broker has been arrested on nine felony counts of grand theft and one felony count of forgery totaling $73,990, according to CDI investigators. Ronald Nhi Bang, 34, allegedly collected premiums from at...
Do Not Call Legislation: Are You in Compliance’
Nov 3 2003 // In this ever-changing world of privacy regulation and legislation, many in the insurance industry are left wondering, ‘Where do I fit in?’ There are a number of insurance agencies that use telemarketing to...
Speare & Company Entertains a Successful Business Approach
Nov 3 2003 // In our continuing series on Agency Insights, we look at Calif.-based Speare & Company, which offers property/casualty and employee benefits insurance brokerage services and risk management solutions to a wide variety...
Professional Liability/E&O Here Today, Gone Tomorrow
Nov 3 2003 // Professional liability and errors & omissions (E&O) are two coverages that just aren’t yet seeing the impending softening of the hard market—and are unlikely to anytime soon. These days, the professional...
AAMGA Reflects on Prosperous Year, Plans for the Future
Nov 3 2003 // The American Association of Managing General Agents (AAMGA) will hold its mid-year meeting at the Phoenician Resort & Spa in Scottsdale, Ariz., on Nov. 13-15. At the heart of this year’s meeting will be several...
Premium Financing’s Place in the Hard Market
Nov 3 2003 // Premium financing is an integral part of the insurance process. The premium finance company is the only entity that deals with all the parties involved in an insurance policy. In a marketplace where it is vital that the...
Insurance Scoring Still a Concern
Nov 3 2003 // Insurance scoring remains a critical issue for agents, consumers and insurers alike. A recent Texas Department of Insurance hearing addressed proposed rules on credit scoring and territorial rating as part of the...
Professional Liability/E&O Here Today, Gone Tomorrow
Nov 3 2003 // Professional liability and errors & omissions (E&O) are two coverages that just aren’t yet seeing the impending softening of the hard market—and are unlikely to anytime soon. These days, the professional...
Wooley, Kyle Battle for Louisiana’s Top Insurance Job
Nov 3 2003 // And then there were two. That is the scenario for this month’s runoff election (Nov. 15) in the race to be the next insurance commissioner in Louisiana. The Oct. 4 primaries brought the field of candidates down to...
LaCroix and PLUS to Explore Challenges, Opportunities
Nov 3 2003 // The Professional Liability Underwriting Society (PLUS) International Conference, to be held in Philadelphia Nov. 9 – 11, promises to explore the often conflicting circumstances in the professional liability insurance...
Who Moved My Benefits’ Change in the Employee Benefits Industry
Nov 3 2003 // Anyone whose life is touched by Employee Benefits—employers, employees, and brokers—has been forced to deal with a tremendous amount of change in the last few years. Group health insurance premiums are increasing...
Fla. Agent Facing Felony Charge, Loss of License
Oct 31 2003 // A Florida insurance agent has lost his license and is facing a felony charge after more than $180,000 allegedly was stolen by his son, a former insurance agent who previously had reportedly been banned from the industry...
St. Paul Opens Colorado Springs Service Center For Small Business Accounts
Oct 31 2003 // As part of The St. Paul Companies’ continued expansion into the small business insurance marketplace, the company announced recently the opening of a Commercial Service Center for its small business customers and...
