Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Oklahoma Agent Loses License
May 29 2003 // Oklahoma Insurance Commissioner Carroll Fisher announced he revoked the license of a Bartlesville agent accused of lying clients to cover up the fact that he was unable to find coverage for them, as well as taking cash...
IIABA Applauds Enactment of Tax Relief Bill
May 29 2003 // The Independent Insurance Agents & Brokers of America (IIABA) is hailing Wednesday’s enactment by President Bush of the Jobs and Growth Tax Relief Reconciliation Act, which reportedly provides independent agents...
Former Farmers Agent Charged with Grand Theft and Elder Abuse
May 28 2003 // Patrick James Murphy, 45, of Norco, pled no contest in Los Angeles Superior Court, on May 15, to 39 felony counts, including grand theft and elder abuse. Superior Court Judge David Horwitz sentenced Murphy to four years in...
Fair Isaac Releases XML Manager For Insurance Version 2.1
May 28 2003 // Fair Isaac Corporation announced availability of XML Manager For Insurance version 2.1, based on Fair Isaac Blaze Advisor rules management technology. The new release supports the 1.2 release of the ACORD SPX standard and...
Zurich NA Makes Customer Billing Information Available Online
May 28 2003 // Zurich North America Small Business announced a new Direct Bill Web site on zurichna.com. The new site gives agents and brokers direct online access to their customers’ billing information, including the status,...
Survey Reveals Agents Seek Cos. with Full Capabilities for Protecting Technology Customers
May 28 2003 // The ability of an insurance company to “fully service the insurance needs of information technology companies” is of paramount importance to agents that target this business sector, according to a survey...
L.A. Broker Charged with Grand Theft
May 27 2003 // The Los Angeles City Attorney filed three counts of grand theft against Arshak (Mike) Rostomyan, 27, of Glendale, Calif. for allegedly defrauding consumers by selling bogus insurance policies. According to the California...
E.G. Bowman, NY’s Largest Minority and Woman-Owned Insurance Brokerage, Celebrates 50th Anniversary
May 27 2003 // This month marks the 50th anniversary of the founding of E.G. Bowman Company, Inc. by Ernesta G. Procope, who set up her storefront insurance agency in Brooklyn’s Bedford-Stuyvesant neighborhood in 1953. The...
Former Calif. Agent Sentenced to Four Years for Grand Theft, Elder Abuse
May 27 2003 // Patrick James Murphy, 45, of Norco, pled no contest in Los Angeles Superior Court, recently, to 39 felony counts, including grand theft and elder abuse. Superior Court Judge David Horwitz sentenced Murphy to four years in...
Fourteen Arrested for Insurance Fraud in L.A. Sweep
May 23 2003 // The California Department of Insurance (CDI) Los Angeles County Auto Insurance Fraud Task Force arrested 14 people, including two insurance brokers, suspected of defrauding three insurance carriers in a criminal...
The Hartford’s BMG Agency Survey Finds Employee Shortage Driving Compensation, Education
May 23 2003 // While the rest of the economy struggles with worker layoffs, independent insurance agencies are reportedly facing a very different problem: filling their jobs with knowledgeable workers. As a result, more firms facing a...
Penn National Partners with Rackley Systems to Provide Agents Web-delivered Rating; Sponsors Harrisburg Youth Program
May 23 2003 // Leading PA P/C insurer Penn National Insurance announced that it has made a partnership agreement with Rackley Systems, Inc., to bring its agents “a state-of-the-art .NET Web rating tool.” It also announced a...
Ohio Commish Orders Unlicensed Insurers to Stop Doing Business
May 23 2003 // Ohio Insurance Director Ann Womer Benjamin ordered International Water Marine Safety Foundation and North American Marine General Insurance Co. to stop writing insurance policies in Ohio. The property and casualty insurers...
Palisades Group Acquires Prudential’s NJ P/C Company
May 23 2003 // The Palisades Group, based in Berkeley Heights New Jersey, announced that it has agreed to acquire The Prudential Property and Casualty Insurance Company of New Jersey (PRUPAC-NJ), the New Jersey property and casualty unit...
Allstate CEO Announces Agent Advisory Board
May 21 2003 // Crain’s Chicago Business reports that exclusive-agency carrier Allstate Corp. plans to set up an advisory board of agents this summer in an attempt to improve relations damaged by the company’s unilateral move...
The Hartford Launches Agent Suite of Transactions Using XDTI
May 21 2003 // The Hartford Financial Services Group has introduced a suite of transactions for independent agents who use XDimensional Technologies’ (XDTI) Nexsure agency management system, further increasing agents’ ease of...
Baltimore Technologies to Provide Security System for Lloyd’s Kinnect
May 20 2003 // Baltimore Technologies, a leading global e-security provider, announced that Hewlett Packard has chosen its “Baltimore SelectAccess (TM)” system to provide web access control and on-line security and...
Integra Financial’s Backend is Driving it Forward
May 19 2003 // In this new Insurance Journal series we will spotlight agencies that have made a name for themselves in the industry in special or unique ways. Integra Financial Group does not operate as an insurance agency, but it grew...
Technology and Insurance Fraud … A Shared Responsibility
May 19 2003 // While the insurance fraud crisis worsens and fraud perpetrators find new and innovative approaches to their illegal activities, the insurance industry needs to take a proactive stance to put a stop to the bleeding-or at...
EMC Agencies to WebLink From SIS SEMCI Partner
May 19 2003 // Strategic Insurance Software, Inc. (SIS) announced the certification of Des Moines, Iowa-based EMC Insurance Companies for WebLink with their SEMCI Partner agency management system. According to SIS, WebLink enables...
