Latest Agencies Headlines

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

Alliance Defends Broker Fees

May 19 2003 // In an effort to secure the rights of personal lines brokers to charge broker fees, the American Agents Alliance has sponsored Assembly Bill 1297, authored by Assemblyman Dario Frommer (D-Los Feliz), explicitly allowing...

Travelers Notes Real-Time Billing Inquiry for Agency Directly From Their Applied Systems Agency Mgt. System

May 19 2003 // Independent insurance agencies are now able to access billing information in real-time for Travelers small commercial policies directly from their Applied Systems agency management system, supplementing the wide range of...

Web Services, J2EE, .NET’ – Should an Agent Care’ Absolutely!

May 19 2003 // Revolutionary technology supporting agent-carrier collaboration is in widespread deployment. Known as Web Services, these technologies will play a critical role in determining the agent and carrier winners in...

The Ratings Game

May 19 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...

Growing Your Business One Link at a Time

May 19 2003 // Ah, the Internet. Where would we be without it? Web sites and e-mail are pretty much essential ingredients for a successful business these days, especially for sales-oriented organizations. There are a myriad of ways...

ISU Network Adds Three Agencies

May 19 2003 // T.J. Ryan III, president of ISU International, announced that three new agencies were admitted into the ISU Group of Independent Agents, effective May 1. ISU Insurance Services – Stanton & Associates of Westlake...

Woodruff-Sawyer Focuses on Delivering Results

May 19 2003 // In our continuing series on Agency Insights, we look at Woodruff-Sawyer, a brokerage specializing in a variety of services. A member of Assurex, the company is led by CEO, Stan Loar, Chairman of the Board, Doug Morton, and...

Skyrocketing Prices Leaving Doubts In The Air

May 19 2003 // With California’s workers’ compensation market in a tailspin, Sacramento’s legislators, the governor and the state insurance commissioner are pulling out all the stops to repair a system that’s...

LA. AGENTS SHUT DOWN:

May 19 2003 // The Louisiana Department of Insurance closed the operations of a Metairie insurance agent on accusations of forgery and misappropriation of insurance premiums. It was the third such shutdown of an agent’s insurance...

Productive P/C Rating Solutions Needed for Agent-Driven Sales & Service

May 19 2003 // In an increasingly wired business environment, property/casualty insurers and agents face enormous challenges-shrinking profit margins, new business acquisition and retention costs, and changing customer expectations,...

Senate Commerce Committee Approves PIANJ’s Agent Ownership Bill

May 16 2003 // A bill that would protect agent’s ownership of their expirations, initiated by the Professional Insurance Agents of New Jersey, has been released in a unanimous vote by the State’ Senate’s Commerce...

Alliance Responds to IIABA Survey on Homeowners Market

May 14 2003 // The Alliance of American Insurers (AAI) responded Tuesday to a recent report from the Independent Insurance Agents and Brokers of America (IIABA), addressing the homeowners market (see IJ Web site May 13) in the...

IIABA Survey Reports Nearly 2.5 Million Households Lost Homeowners Coverage Past Two Years

May 13 2003 // A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) confirms that non-renewals and premium increases are becoming more common in the current homeowners...

Fla. Renews Verification Warnings After Agent’s 3rd Arrest

May 13 2003 // As fraud investigators with the Florida Department of Financial Services continue to identify victims of a Miami auto insurance agent who collected premiums without securing coverage, Florida’s Chief Financial...

Republic to be Acquired by Private Investor Group

May 13 2003 // The Republic Group of Insurance Companies (Republic), of Dallas, announced that a private investor group has agreed to purchase Republic from Winterthur U.S. Holdings Inc. and certain other subsidiaries of Credit Suisse...

Premier Class Insurance Services Joining United Agencies

May 12 2003 // Thomas Hays, chairman of the board for United Agencies, announced that effective May 15, Premier Class Insurance Services, Inc. of Encino, Calif., is coming aboard as their newest member group. Premier Class Insurance...

NJ Independent Insurance Agents Raise Over $20,000 for Make-A-Wish Foundation

May 12 2003 // The Independent Insurance Agents of New Jersey (IIANJ) recently raised over $20,000 for the New Jersey chapter of the Make-A-Wish Foundation at their 910th Annual IIANJ Charity Golf Outing which was held on May 5, 2003 at...

CalSurance Professional Liability Program for Real Estate Brokers Now Available Wholesale

May 9 2003 // CalSurance (www.calsurance.com), a national insurance sales, service and support organization, announced that the exclusive partnership it established last year with Arch Insurance Group to offer professional liability...

Ill. Agents Hail Approval of Credit Scoring Bill

May 9 2003 // The Professional Independent Insurance Agents of Illinois said in a statement it approves of the state Senate’s yes vote on HB 1640 Osmond (Jacobs) Insurers Use of Credit Scoring. The bill, which passed the Senate...

IIABA Asks Supreme Court to Hear W.Va. Insurance Regulation Case

May 9 2003 // The Independent Insurance Agents & Brokers of America announced that it has asked the U.S. Supreme Court to hear an appeal of the Fourth Circuit Court of Appeals decision in which the lower court ruled that West...