Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Risk Retention-The Growing Role of the Alternative Market
Aug 5 2002 // How do I insure thee? Let me count the ways.” With apologies to Elizabeth Barrett Browning, that question’s become increasingly meaningful for risk managers, insurers, agents, brokers, consultants and...
Programs, Beacons of Stability in Tumultuous Markets
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
Disparities Between House, Senate Bills Hold Up Terrorism Backstop
Aug 5 2002 // The U.S. insurance industry must have breathed a collective sigh of relief recently, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile...
Safeguarding Customer Privacy Creates New Issue for States
Aug 5 2002 // Insurance associations have been abuzz the past couple of weeks with regard to impending changes and new proposals to privacy regulations under Congress’ Gramm-Leach-Bliley Financial Modernization Act (GLB). Each...
CDI Revokes Agent’s License
Aug 5 2002 // California Insurance Commissioner Harry W. Low recently issued an order to revoke the fire and casualty broker-agent license of George Alfred Bivins, Jr. Low also ordered that Bivins cease and desist from participating in...
Alternative Markets Offer a Variety of Risk Management Options
Aug 5 2002 // How do I insure thee? Let me count the ways.” With apologies to Elizabeth Barrett Browning, that question’s become increasingly meaningful for risk managers, insurers, agents, brokers, consultants and...
Programs, Beacons of Stability in Tumultuous Markets
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
INSURBANC EXPANDING
Aug 5 2002 // InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers, and their clients, won regulatory approval to expand its operations to 15...
AAI, IIABA LIKE MED-MAL PLAN
Aug 5 2002 // President Bush’s proposal for major legislative reforms to address the medical malpractice liability crisis has been praised by both the Alliance of American Insurers and the IIABA. In a recent speech in North...
Willis Commercial Network Chooses The Hartford’s BMG to Aid in U.S. Expansion
Aug 2 2002 // The Hartford Financial Services Group announced its Business Management Group (BMG) will provide agency management expertise to Willis Commercial Network as the latter prepares to expand its U.K. operation throughout the...
Main Street America Group’s Online Homeowner Policy Change Function Proving Success
Aug 2 2002 // Main Street America Group announced that the recent rollout of its homeowner policy change request application online has been well received by its independent agency partners. Main Street America Group’s homeowner...
Financial Keyosk Introduces ‘Agency in a Box’
Aug 1 2002 // Illinois-based Financial Keyosk has introduced a new technology platform, “Agency in a Box,” which the company says is a turnkey solution that will allow thousands of agents to start their own independent...
IIABA Outlines Models for Auto Reform to NCSL
Jul 31 2002 // Today’s auto insurance oversight system suffers from a lack of efficiency, cost effectiveness, and timely decision-making, but greater regulatory reliance on market competition would help streamline and depoliticize...
IIABA Calls for Medical Malpractice Reform
Jul 30 2002 // Americans face a new threat to their health care in the form of a medical malpractice litigation crisis that if left unchecked will make quality health care harder to find, Robert A. Rusbuldt, CEO of the Independent...
N.Y. Brokers Offered Licensing Renewal via the Internet
Jul 26 2002 // New York Superintendent of Insurance Gregory Serio announced that all of New York’s approximately 35,000 authorized brokers now have the ability to renew their licenses electronically via the internet 24 hours a day,...
The Hartford Introduces Online Center for Small Businesses
Jul 25 2002 // The Hartford Financial Services Group unveiled its new Web site sb.thehartford.com to help entrepreneurs educate themselves about insurance before they buy. The content-rich, interactive Small Business Insurance Center...
Baldwin Sadler Forms Large Fleet Brokerage Facility
Jul 23 2002 // Pennsylvania-based Baldwin Sadler Corp. has formed a large fleet brokerage facility. The large fleet brokerage facility will entertain submissions from all states except Alaska and Hawaii. Truck fleet risks of 50 or more...
Tarzana, Calif. Agent Arrested
Jul 23 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch arrested Alfred Galoustian, 34, on a felony warrant charging six counts of grand theft. Galoustian’s bail was set at...
Ohio Issues C&D Order Against Former Agent
Jul 23 2002 // Ohio Department of Insurance Director Lee Covington has issued a cease and desist order against former Sandusky County agent Deborah L. Frazier after an investigation revealed she had allegedly acted as an insurance agent...
IIABA Takes Role in Asbestos Litigation Battle
Jul 23 2002 // The Independent Insurance Agents & Brokers of America (IIABA) is ratcheting up its work and grassroots advocacy on the growing asbestos-litigation problem that has insurance companies and business inexorably in the...
