Latest Agencies Headlines

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

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...

Pa. Agriculture Secretary Touts Benefits of Crop Insurance

Oct 25 2002 // Pennsylvania Agriculture Secretary Sam Hayes kicked off a 2002-03 crop insurance education and outreach program at the behest of Gov. Mark Schweiker during the third annual Crop Insurance Conference in...

Former Fla. Agent Accused of Stealing

Oct 23 2002 // The Florida Department of Insurance fraud division announced that Jay J. Gelfenbaum, a former investment advisor and insurance agent, surrendered to investigators. He is accused of stealing thousands of dollars from at...

SAFECO Invites Ind. Agents and Advisors to PlayBall

Oct 23 2002 // SAFECO has invited independent agents and financial advisors countrywide to nominate a local park or youth baseball field that needs a new electronic scoreboard in the agent’s community through its PlayBall...

AgentSecure Acquires Exclusive Endorsement of Two-Thirds of State IIABA Affiliates for Small Commercial Program

Oct 23 2002 // AgentSecure, a division of InsureZone that provides agents with online access to big-brand property/casualty and life products through a single-entry, multiple-company interface (SEMCI), has received exclusive endorsements...

Irish Insurer to Use IIABA’S Best Practices Program

Oct 22 2002 // Ireland’s Hibernian General Insurance, the country’s largest p/c insurer, has entered into an exclusive two-year agreement to license and distribute two of the IIABA’s “Best Practices” tools...

Michigan Insurance Dept. Launches Home Insurance Site

Oct 21 2002 // The Michigan Office of Financial and Insurance Services (OFIS) announced that it has launched a special home insurance information web site to provide the state’s consumers with up-to-date information on the...

ezumbrella.com Unveiled for Agents, Brokers

Oct 21 2002 // Zurich North America’s Excess Casualty profit center and Preferred Concepts, LLC announced the national rollout of ezumbrella.com (www.ezumbrella.com), an online platform where insurance professionals can quote, bind...

IIAT Launches Tool to Connect Independent Agents With Homeowners

Oct 18 2002 // The Independent Insurance Agents of Texas announced it now offers homeowners a new online resource for finding independent insurance agencies that are actively writing homeowners insurance policies. The resource, called...