Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arch Group Notes Formation of Captive Agents Unit
Jul 23 2003 // New York-based Arch Insurance Group, a division of Arch Capital Group Ltd., announced the formation of a Captive Agents Unit, which will specialize in addressing the professional liability exposures of Company Sponsored...
O’Brien Joins IIABA as Lobbyist
Jul 22 2003 // Patrick O’Brien has joined the Capitol Hill office staff of the Independent Insurance Agents and Brokers of America (IIABA) as the new lobbyist/grassroots coordinator. O’Brien has spent the past four years...
Agent Sentenced to Four Years
Jul 21 2003 // Patrick James Murphy, 45, of Norco, Calif., pled no contest to 39 felony counts, including grand theft and elderly abuse. Murphy was sentenced to four years in state prison and ordered to pay $328,639.96 in restitution to...
Agents Who Stick to a Plan Will Be Very Successful
Jul 21 2003 // In our continuing column on employee benefits, Insurance Journal senior writer Dave Thomas recently spoke with John Nelson, vice president of California-based Warner Pacific Insurance Services. John’s responses are...
Fla. RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
Kemper Sends Agents Scrambling to Replace Business
Jul 21 2003 // Lost amid news of the Kemper Insurance Cos.’ precipitous slide in financial health is how badly its relationships with the agents and brokers needed to market its products had deteriorated. A number of agents have...
Regional Carriers Zone In on Helping Agents
Jul 21 2003 // When it comes to buying and selling insurance, there is a common thread intertwined in all transactions—service. Whether it be the consumer purchasing auto insurance, or the agent securing the coverage on behalf of the...
Florida RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
The Benefits of Forming Your Own Premium Finance Company
Jul 21 2003 // This is the first in a three-part series on captive premium financing. Part Two will run in the August 18 issue of Insurance Journal. Agents and managing general agents continue to reap the benefits of a growing excess and...
Regional Carriers Zone In on Helping Agents
Jul 21 2003 // When it comes to buying and selling insurance, there is a common thread intertwined in all transactions—service. Whether it be the consumer purchasing auto insurance, or the agent securing the coverage on behalf of the...
SWOT Analysis
Jul 21 2003 // In past articles we have recommended that agencies perform a SWOT Analysis on themselves as part of the firm’s yearly business planning. SWOT Analysis is a very effective way of identifying a business’...
Zurich North America Unveils FinanceSuite Product Line for Small Business Customers
Jul 18 2003 // Zurich North America announced the launch of the FinanceSuite(tm) product on the Business Finance Center website. The Business Finance Center is an online commercial lending marketplace where the Zurich network of...
E.L.M. Unveils New Market for Misc. Professional Liability
Jul 17 2003 // California-based E.L.M. Insurance Brokers Inc., a specialist in professional liability, has a new market for miscellaneous professional liability, including some hard-to-place classes. Underwritten by Alea London Ltd.,...
ACT Outlines Issues for Agents, Brokers to Consider When Evaluating ASPs
Jul 17 2003 // The Agents for Council Technology (ACT) has published a new report to help independent agents and brokers assess the benefits of using an application service provider (ASP) and analyze the issues that should be addressed...
L.A. Broker Charged with Four Felony Counts
Jul 16 2003 // A Los Angeles insurance broker has been charged with four felony counts of grand theft for allegedly stealing an estimated $14,000 in premiums from his clients, according to investigators with the California Department of...
ACT Advises on Off-Site Tech
Jul 16 2003 // The Agents for Council Technology (ACT) has published a new report designed to help independent agents and brokers assess the benefits of using an application service provider (ASP) and analyze the issues that should be...
IIABA Opposes New Bill Authorizing Federal Insurance Commission
Jul 15 2003 // The Independent Insurance Agents and Brokers of America released a statement saying it is concerned about an unexpected bill introduced in the Senate last week by Sen. Fritz Hollings (D-S.C.) that is the first legislative...
GIA Among the Agencies of the Year at National Flood Conference
Jul 14 2003 // Galveston Insurance Associates of Galveston, Texas reported that it was recently selected as one of three Federal Insurance & Mitigation Administration’s 2002 Agencies of the Year. The award recognizes agencies...
Florida Agent Arrested on Fraud Charges
Jul 11 2003 // An Orlando, Fla. insurance agent was taken into custody for allegedly misappropriating more than $30,000 in workers’ compensation insurance premiums, according to the Florida Department of Financial Services. The...
Ill. Agents Favor Gov’s Signing of Credit Bill
Jul 10 2003 // The Professional Independent Insurance Agents of Illinois (PIIAI) applauds Gov. Rod Blagojevich’s decision to sign HB 1640, the Use of Credit Information in Personal Insurance Act. The bill establishes limitations on...
