Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
IIABA: GLBA Does Not Preempt W. Va. Insurance Laws
Oct 31 2002 // The Independent Insurance Agents & Brokers of America (IIABA) and the state of West Virginia argued before a federal appeals court against a U.S. Office of the Comptroller of the Currency (OCC) opinion letter stating...
Vista Opens Dallas Office
Oct 31 2002 // San Antonio-based wholesale insurance broker, Vista Insurance Partners, announced the opening of an office in Dallas, Texas. Through the Dallas office, Vista will be able to extend its brokerage expertise, underwriting...
S.I.S. Launches New Company/Agent Software
Oct 31 2002 // Strategic Insurance Software, Inc. (S.I.S.), based in Gahanna, Ohio, announced the official launch of their new release of SEMCI PARTNER(R), a system that will put agents “one mouse click away from policy holder...
Aon CEO Reports ‘Excellent Progress in Brokerage Segment’
Oct 31 2002 // Aon Corp. reported third quarter 2002 earnings increased to $0.46 per share from $0.26 per share in third quarter 2001. Operating segment reported revenues for third quarter were up 17 percent year-over-year reflecting...
CAA Members Part of IIABA Best Practices Study Group
Oct 29 2002 // Austin, Texas-based Combined Agents of America LLC (CAA) announced two of its member agencies, Bigham-Kliewer-Chapman-Watts and Crockett Insurance Services, were selected to participate in the Independent Insurance Agents...
Florida Man Ordered to Stop Selling Insurance Without a License
Oct 29 2002 // The Florida Department of Insurance ordered Roy Gutierrez, of State No-Fault Insurance Agency in Kissimmee, to stop selling insurance without a valid insurance agent license. The department alleged that Gutierrez also...
Commercial Insurance Market Index Released
Oct 28 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
Father & Son Brokers Plead Guilty to Grand Theft
Oct 28 2002 // Following a combined three-year investigation by the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division and Investigation Bureau, two Sacramento residents appeared in Sacramento...
ACT Urges Companies, Vendors to Adopt New Formatting Guidelines
Oct 28 2002 // New recommended guidelines for company and vendor password formatting have been approved by the Agents for Council Technology (ACT) affiliated with the Independent Insurance Agents & Brokers of America (IIABA), to...
Reinsurance Market Tries to Reel In Profits
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless, commentators were almost unanimous in predicting that the market would harden,...
Broker Guilty of Felony Grand Theft
Oct 28 2002 // Marc Laurence Ellen, 41, of Thousand Oaks, Calif. was sentenced in Ventura County Superior Court to serve 10 days in county jail, pay restitution, and complete 36 months of formal probation after pleading guilty to one...
Reinsurance through an MGA: A Retail Agent’s Guide
Oct 28 2002 // Retail agents know where to turn when they have a specialized need, a difficult coverage to place, or any kind of excess or surplus line of business: the managing general agent. Due to the broad range of coverage options...
Agents Speak Out Against TDI Residual Market Proposals
Oct 28 2002 // At a Texas Department of Insurance public hearing held in early October, insurance agents and other interested parties testified on TDI proposals to create a temporary residual market or market-of-last-resort for...
Reinsurance Market Tries to Reel In Profits
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless commentators were almost unanimous in predicting that the market would harden,...
Survival in the Homeowners Market Takes Preparation
Oct 28 2002 // Be prepared.” Personal lines agents would do well to take that time-tested Scout motto to heart during these troubled times in the Texas homeowners market. Already inundated with calls from folks who are having a...
Survival in the Homeowners Market Takes Preparation
Oct 28 2002 // Be prepared.” Personal lines agents would do well to take that time-tested Scout motto to heart during these troubled times in the Texas homeowners market. Already inundated with calls from folks who are having a...
Reinsurance through an MGA: A Retail Agent’s Guide
Oct 28 2002 // Retail agents know where to turn when they have a specialized need, a difficult coverage to place, or any kind of excess or surplus line of business: the managing general agent. Due to the broad range of coverage options...
Miami Bail Bonds Agent Surrenders
Oct 25 2002 // The Division of Insurance Fraud of Florida’s Department of Insurance announced that a former Miami bail bondsman turned himself in to authorities on charges of grand theft, organized fraud and failure to return bail...
Fla. Auto Agent Charged with Misappropriation
Oct 25 2002 // A LeHigh Acres, Fla. insurance agent was arrested on a charge of misappropriation of insurance premiums for allegedly failing to place commercial automobile coverage for numerous customers. The arrest was a result of a...
IIABA Urging Insurers to Be More Consumer-Friendly By Fixing Anomalies in Use of Credit Information
Oct 25 2002 // As insurers increasingly rely on consumer credit histories and credit-related scores during the underwriting and rating process, the Independent Insurance Agents and Brokers of America (IIABA) is urging companies to...
