Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Parting Shots: Leveraging Consumers’ Desire for Convenience
Feb 25 2002 // Imagine positioning your agency as the exclusive provider of all personal lines, to all the employees of your commercial accounts. How the heck do I do that, you ask? By leveraging the consumer desire for convenience into...
Alabama Co. BUYS TX Agencies
Feb 25 2002 // Vesta Insurance Group Inc., a Birmingham, Ala.-based holding company for insurance and financial service providers, announced that its Instant Insurance Holdings Inc. subsidiary has acquired two non-standard auto insurance...
Catastrophe Modeling-Feeding the Risk Transfer Food Chain
Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...
Parting Shots: Leveraging Consumers’ Desire
Feb 25 2002 // Imagine positioning your agency as the exclusive provider of all personal lines, to all the employees of your commercial accounts. How the heck do I do that, you ask? By leveraging the consumer desire for convenience into...
Mass. Broker Indicted on Fraud Charges
Feb 22 2002 // The U.S. Attorney’s Office in Springfield Mass. announced the indictment of David Michael Leja, an insurance broker from Williamstown Mass, on fraud charges relating to “stop-loss” coverage he brokered...
AgentSecure Picks up Endorsements from 7
Feb 22 2002 // AgentSecure, a member of the InsureZone family of companies that offers smaller and rural agents easy access to commercial products from highly rated carriers, has picked up endorsements from seven state-based...
IIAA Opposing LaFalce Regulation Plan
Feb 22 2002 // A new congressional proposal that would create a direct federal role in insurance regulation is being opposed by the Independent Insurance Agents of America (IIAA), according to CEO Robert A. Rusbuldt. House Financial...
NLRB Sets Procedure for Prudential Agents Union Vote in Newark
Feb 20 2002 // Gary T. Kendellen, Regional Director of the Newark, New Jersey Region of the National Labor Relations Board, has approved the final arrangements on procedures for conducting a union representation election among over 2,000...
IBA West Urges Delay On Privacy Rules
Feb 18 2002 // The California Department of Insurance (CDI) should delay new regulations until the Legislature decides whether or not to substantially change state privacy laws, IBA West testified recently. At a public hearing in San...
Ohio Insurance Director Revokes Agent’s License
Feb 13 2002 // Ohio Department of Insurance Director Lee Covington revoked the insurance license of George J. Fiorini II of Cincinnati and the Fiorini Agency. Covington took the action after finding that Fiorini had allegedly committed...
IIAA President Focuses on New Policy Position
Feb 13 2002 // The Independent Insurance Agents of America (IIAA) continues to support state insurance regulation and will be working closely with the National Association of Insurance Commissioners (NAIC) and other allies who support...
Online Tool Improves Ease of Doing Business for SAFECO Agents
Feb 12 2002 // Seattle-based SAFECO has made doing business easier for its independent agents with the unveiling of a newly redesigned agent Web site called safecoplaza.com. The site delivers faster access to everything from claims...
Ohio Casualty Insurance, Summit Insurance Join Trusted Choice
Feb 11 2002 // The Ohio Casualty Insurance Company and Summit Insurance Company (Rhode Island) are the newest partners in the Independent Insurance Agents of America’s (IIAA) Trusted ChoiceSM branding initiative, which is set to...
Safety Insurance Contracts with IVANS to Use Transformation Station
Feb 11 2002 // Safety Insurance has entered into an agreement with IVANS, Inc. to use Transformation Station™. Safety will use Transformation Station, a data exchange for real-time transactions, on the Agents Virtual Community...
Commercial Auto Agents: Between a Rock and a Hard Market
Feb 11 2002 // The cyclical ups and downs of the multisegmented arena referred to collectively as commercial auto are nothing new. Though the years referred to as “soft” and “hard” vary in both length and...
Before Diving in, Agents Attracted by Captive Profits Must Analyze Challenges
Feb 11 2002 // Thinking of forming an agency captive? An agent-owned captive insurance company involves an agency capitalizing either a domestic insurance company or an offshore insurance company. Richard Turner, president of...
Too Hot to Handle’
Feb 11 2002 // The controversy swirling around the use of credit-based insurance scores in underwriting auto and homeowners policies is one that Insurance Journal has touched upon with increasing frequency during the past few months. But...
ChoicePoint Stops Data Mining at IIAA’s Behest
Feb 11 2002 // After meeting with representatives of the Independent Insurance Agents of America (IIAA), Alpharetta, Ga.-based ChoicePoint Inc., a credit scoring and consumer-lead generation service provider, agreed to stop selling data...
Agent Told to ‘Cease and Desist’
Feb 11 2002 // The Louisiana Department of Insurance ordered a former insurance agent to cease and desist any business as an insurance agent as a result of the agent’s alleged violations of the Louisiana Insurance Code. Herman...
Accused Broker Steps Down
Feb 11 2002 // Michael Segal, CEO of Chicago-based Near North Insurance Brokerage Inc., resigned his position after being charged with mail and insurance fraud involving a trust fund from which he allegedly misappropriated funds....
