Latest Agencies Headlines

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

Insurance Agent Charged with Grand Theft

Jul 7 2003 // Arshak (Mike) Rostomyan, 27, of Glendale, Calif., was arrested for allegedly selling fraudulent insurance policies and charged with three counts of grand theft. According to CDI investigators, Rostomyan, who owns All...

The Benefits of Forming Your Own Premium Finance Company

Jul 7 2003 // This is the first in a three-part series on captive premium financing. Part Two will run in the July 21 issue of Insurance Journal. Agents and managing general agents continue to reap the benefits of a growing excess and...

Networked Insurance Agents Begins Expansion in West

Jul 7 2003 // In continued efforts to provide access for small to medium-sized agencies to insurance carriers who traditionally do not work though wholesalers, Grass Valley, Calif.-based Networked Insurance Agents has teamed up with...

PIANJ Commends Senate on Passing Measure Protecting Agents’ Books

Jul 7 2003 // The Professional Insurance Agents of New Jersey Inc. commended the state Senate for its unanimous passage of legislation to help ensure agents’ ownership and commission rights are continued when an insurance company...

A Hard Market: The Most Opportune Time to Save for a Rainy Day

Jul 7 2003 // In a hard market, like the one we’re experiencing lately, many of the positive effects of the increased revenue can also carry some consequences that can negatively affect your agency down the road. A hard market is...

IIAT’s ‘Oscars’: Association Bestows Awards, Celebrates New Leadership

Jul 7 2003 // The Independent Insurance Agents of Texas 106th annual convention, held recently in San Antonio, was a huge success, with record attendance and lots of networking and educational opportunities for attendees. The event was...

Latino Market Heats Up

Jul 7 2003 // It is nearly impossible to deny the impact the burgeoning Hispanic population has and will have on American culture and its markets. The marketplace for insurance is no exception. Hispanics are now the country’s...

N.J. Auto Reforms May Signal Regulatory Climate Change Nationwide

Jul 7 2003 // When Governor James E. McGreevey signed The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625), he launched another effort aimed at solving the state’s automobile insurance crisis. This time,...

Seeing Your Agency Today With the Eyes of Tomorrow

Jul 7 2003 // If you could see your agency today with the eyes of tomorrow, what would be the view? Too many agencies have no idea. Caught up in the continuing race to keep up with, if not ahead of, the competition, many agency...

First Niagara Risk Management Acquires Two Rochester Agencies

Jul 3 2003 // First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based...

Florida Seeks to Revoke Agents’ Licenses

Jun 27 2003 // The Florida Department of Financial Services reported that it is seeking to revoke or suspend the licenses of two Orlando-area insurance agents who allegedly marketed phony policies. Michael Edward Rock, 33, of 1650...

IIASA to Hold D&O Seminar

Jun 27 2003 // The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on...

Dominion of Canada Announces NB Broker Appointments

Jun 27 2003 // The Dominion of Canada General Insurance Company announced that all offices of The Huestis Group Agencies in northern New Brunswick are now authorized to do business with the company In announcing these broker...

Companies Respond to PIACT Performance Survey

Jun 27 2003 // The Professional Insurance Agents of Connecticut announced that its recent company performance survey has “garnered positive feedback from the companies about which its members responded.” The survey polled...

PIACT is Seeking Potential Candidates for CIC Scholarships

Jun 26 2003 // The Professional Insurance Agents of Connecticut Inc. is calling for nominations for its 2003 Certified Insurance Counselor scholarship opportunities. Selected individuals will receive a $350 scholarship to one CIC...

La. Agent Issued C&D Order For Selling Bogus Coverage

Jun 26 2003 // Louisiana Commissioner of Insurance Robert Wooley announced that a Lafayette insurance agent was served a cease and desist order and his insurance license was suspended for allegedly misappropriating insurance premiums...

IIASA to Hold D&O Seminar

Jun 26 2003 // The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on...

PIANJ Commends Senate on Passage of Legislation to Protect Agents’ Books

Jun 25 2003 // The Professional Insurance Agents of New Jersey Inc. commended the State Senate for its unanimous passage of legislation to help to ensure that agents’ ownership and commission rights are continued when an insurance...

NYSID’s Licensing Capability via the Internet Nears 300,000

Jun 25 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that the State’s insurers are successfully utilizing the ability to appoint and terminate licensed agents electronically, as the online...

IIANJ Urges Companies to Consider N.J. Market Following Auto Reforms

Jun 25 2003 // Leaders of The Independent Insurance Agents of New Jersey, which represents over 700 small businesses in the state, gathered at the New York Hilton on Sunday morning to meet with insurance company executives to discuss the...