Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
New Orleans/Hammond Agent Suspended
Sep 9 2003 // Louisiana Insurance Commissioner J. Robert Wooley announced the Department of Insurance Fraud Unit investigators have served Heather Lynn Blair Barras, 26, of 560 Sunset Dr., Slidell, with a cease and desist order and...
Fla. Agents Charged with Selling Millions of Dollars in Unregistered Securities
Sep 9 2003 // Four southwest Florida insurance agents are facing several felony counts for their alleged sale of millions of dollars in unregistered securities to investors throughout Florida and several states. The charges are the...
Applied Systems Selects LiveVault to Ensure Data Protection for Agencies
Sep 9 2003 // LiveVault Corporation(R) (www.livevault.com), a provider of online backup and recovery solutions for business servers, and Applied Systems, Inc. (www.appliedsystems.com), announced a strategic partnership to protect...
Aon Forms World’s Largest Reinsurance Broker
Sep 8 2003 // Chicago’s Aon Corporation has announced the formation of Aon Re Global, which it describes as “the largest reinsurance brokerage firm in the world.” In that case it would take over the top spot from...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Online CE Education Weighs In
Sep 8 2003 // For most agents and brokers, earning their state-mandated continuing education credits and certificates is undoubtedly a hassle. The earning of CE credits equals time away from the office, time away from the family, and in...
Survey Says Two-Thirds of U.S. Renters Live Without Insurance
Sep 8 2003 // A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) has reportedly found that nearly two-thirds of those living in U.S. rental properties are currently risking...
Alternative Markets Reach New Levels
Sep 8 2003 // “Client, insure thyself!” Well it hasn’t quite reached that point yet, but the hard market has caused insurance buyers to commence an unprecedented search for affordable risk management solutions. Pushed...
OKLA. AGENT’S LICENSE SUSPENDED
Sep 8 2003 // Oklahoma Insurance Commissioner Carroll Fisher suspended the license of Gary Kroll, a Tulsa insurance agent accused of misleading new homeowners into purchasing coverage they are not required to carry. Kroll allegedly sent...
FORMER LA. AGENT ARRESTED
Sep 8 2003 // The Louisiana Department of Insurance said a former Hammond insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds. DOI Fraud Unit investigators served Lee Ponder...
How Do You Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Changes in the Works for the FAIR Plan
Sep 8 2003 // Administrators of the Texas FAIR (Fair Access to Insurance Requirements) Plan, the state’s residual market for homeowners insurance, recently made changes to the Plan’s Producer Requirements and Perfor-mance...
AMS to Provide Employee Benefits Automation
Sep 5 2003 // AMS Services Inc. is introducing two new products, AMS Benefits Workflow and AMS Benefits Administration, both of which are the primary offerings of a new AMS business unit called AMS Benefits. The creation of these new...
R&SA Confirms 1st Half Profit Increase, Rights Issue; Sells Some U.S. Renewal Rights to Travelers
Sep 4 2003 // The U.K.’s Royal & Sun Alliance confirmed a 14.25 percent increase in net group profits for the first half of 2003 – £351 million ($556 million), compared to £301 million ($477 million) in 1st half 2002....
Cocke New IIABA CFO
Sep 3 2003 // Steve Cocke is the new chief financial officer (CFO) and treasurer at the Independent Insurance Agents & Brokers of America (IIABA). Cocke comes to IIABA from AOL, where he worked since 1997 and most recently served...
American Wholesale Forms Chicago Operation
Sep 3 2003 // American Wholesale Insurance Group (www.amwins.com), based in Charlotte, N.C., announced the formation of a new wholesale brokerage operation in Chicago, Ill., to be led by Don Alberico. “Expanding our capabilities...
AMS Adds State Auto to List of TransactNOW Clients
Sep 3 2003 // AMS Services, Inc. announced that State Auto Insurance Companies, which services 26 states, has joined TransactNOW(TM), becoming the 17th carrier to participate. Introduced this past March at the AMS National Users’...
NYSID Activates On-line Licensee Termination System
Sep 2 2003 // New York’s Superintendent of Insurance, Gregory V. Serio, announced that the state now permits on-line terminations of licensees, allowing for “real-time” terminations of agents. The Department had...
Palmer & Cay Forms Reinsurance Operations
Aug 29 2003 // Palmer & Cay, Inc., a privately-held insurance brokerage and benefits consulting firm based in Savannah, Ga., announced its entry into the reinsurance market with the formation of two new entities, Palmer & Cay...
CAA Members to Lead Local Big “I” Groups
Aug 28 2003 // Combined Agents of America LLC (CAA) announced that three of its members were elected to serve as presidents of the Austin, Houston and Permian Basin chapters of the Independent Insurance Agents of Texas for the 2003-2004...
