Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Incentive Programs Offer Alternative to Traditional Compensation
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Recognize the Diamonds in Your Own Backyard
Nov 17 2003 // Acres of Diamonds,” by Russell H. Conwell, is a story with an ageless moral of a man who dreamed of finding riches and fruitlessly traveled the world for decades in search of a diamond mine. Exhausted, tired, broke...
Targeting Speed-to-Market Reform
Nov 17 2003 // No one can argue that the insurance industry has been beleaguered with inefficiencies. Carriers battle with changing regulations and market conditions nationwide, while agents and brokers struggle with shifting...
Task Force Created to Expand Markets in Louisiana
Nov 17 2003 // The Independent Insurance Agents and Brokers of Louisiana (IIABL) has established a Markets Task Force to bring insurance company markets back to Louisiana. According to the IIABL, the mission of the task force is to...
The Precarious Role of the Broker in Litigation
Nov 17 2003 // There is a great deal of discussion about the role of insurance agents and brokers in procuring coverage, receiving or providing notice of claims, and accepting premiums. Typically, these discussions, and the accompanying...
Do Not Call Legislation: Are You in Compliance’
Nov 17 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...
Agency Salary Survey 2003
Nov 17 2003 // The following agency compensation survey and commentary appeared in the March 2003 Middleton Letter, which was previously published by the late Carol Hammes, and is now produced by Marsh, Berry & Co. Inc. in...
Business Disaster Planning
Nov 17 2003 // While this article was being written, Southern California was still on fire. Thousands of homes were burned to the ground along with hundreds of thousands of acres of forests. This is one of the key times that the...
Incentive Programs Offer Alternative to Traditional Compensation
Nov 17 2003 // The insurance agency industry, like most other industries, has struggled with “merit” type compensation programs that attempt to reward employees based on the quality of their work effort. Unfortunately, in the...
Policy Options and Offerings are Major Issues for Mid-Size Manufacturers
Nov 17 2003 // Coverage options and product offerings, rather than price, are the most important factors for middle market manufacturers when they go looking for insurance to cover their businesses. At least that’s the conclusion...
Recognize the Diamonds in Your Own Backyard
Nov 17 2003 // Acres of Diamonds,” by Russell H. Conwell, is a story with an ageless moral of a man who dreamed of finding riches and fruitlessly traveled the world for decades in search of a diamond mine. Exhausted, tired, broke...
Insdustry Responds to Calif. Wildfires
Nov 17 2003 // The most devastating wildfires in California history have been fully contained, but the numbers reveal a destruction of staggering proportions: statewide, 740,000 acres have been scorched; more than 3,600 homes and the...
Christensen Takes on Role as IIASA President
Nov 13 2003 // Maryanna Christensen was recently installed as the 82nd president of the Independent Insurance Agents of San Antonio (IIASA). She began her career in 1976 with Travelers and is currently a principal in the...
Connective Technologies Notes TEAM-UP Download with Grange Insurance
Nov 12 2003 // Connective Technologies Inc. and Grange Insurance announced the signing of a contract to provide an interface solution for download policy information to their agents via the Internet. “Connective’s TEAM-UP...
Applied Systems, State Auto Team to Provide Agencies with Real-Time Inquiries via Web Bridge
Nov 11 2003 // Applied Systems, Inc. announced that State Auto Insurance is now using Applied’s new Web Bridge technology to offer real-time billing, policy and claim inquiries to agencies using The Agency Manager® and The Agency...
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...