Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Senate Fails to Act on Federal Terrorism Reinsurance
Jan 14 2002 // During the first weeks of December, covering the story of whether or not Congress would pass a federal terrorism reinsurance bill before the year 2001 was out was pretty much a waiting game. At the time, most insurance...
To Sell or Not to Sell: Bank-Owned Insurance Agencies My Be Wave of the Future
Jan 14 2002 // As far back as anyone now in the insurance business can remember, agents were fighting against allowing banks to sell insurance. That changed in 1996 when the U.S. Supreme Court decided that national banks selling...
How to Retire from a Lifetime’s Work
Jan 14 2002 // Oak & Associates often provides advice to agency owners that are considering retirement. A common problem is that people in their 60s and beyond have devoted their lives to the job of running their business, often at...
AGENT WEBSITE SURVEY
Jan 14 2002 // The Great American Insurance Group established access on its website to a survey developed by The ACORD User Groups Information Exchange (AUGIE). AUGIE announced in November 2001 that it had been working with insurance...
Senate Fails to Act on Federal Terrorism Reinsurance Bill
Jan 14 2002 // During the first weeks of December, covering the story of whether or not Congress would pass a federal terrorism reinsurance bill before the end of 2001 was pretty much a waiting game. At the time, most insurance industry...
To Sell or Not to Sell,Bank-Owned Insurance Agencies May Be Wave of the Future
Jan 14 2002 // As far back as anyone now in the insurance business can remember, agents were fighting against allowing banks to sell insurance. That changed in 1996 when the U.S. Supreme Court decided that national banks selling...
HAMMES FEATURED AT IIAT SEMINAR
Jan 14 2002 // More than 350 of the state’s most progressive and influential agency principals and managers will gather for the Independent Insurance Agents of Texas’ Joe Vincent Management Seminar on Feb. 3-5 at the...
EEOC SUES, AllSTATE DISAPPOINTED
Jan 14 2002 // The Allstate Corporation has expressed its displeasure with the Equal Opportunity Commission’s (EEOC’s) lawsuit against its Allstate Insurance Company subsidiary over an agency system reorganization. The EEOC...
Gaspar Heads ACORD Board; Norman is Chair Elect
Jan 10 2002 // The Board of Directors of ACORD has confirmed Carl L. Gaspar, as the Chair and Marilyn Norman as Chair Elect for 2002. “This is a huge honor and culminates a career-long interest in agency automation and involvement...
Penn National Launches New Web Services for Agents, Policyholders
Jan 8 2002 // Penn National Insurance announced the launch of several new Web-delivered tools and services for its policyholders and agents today, including pay-by-Web and pay-by-phone options. New links labeled “For...
Agents to Help Shape Future Automation and
Jan 4 2002 // The ACORD — User Groups Information Exchange (AUGIE) has launched its Agents’ Survey, a collaborative industry effort to determine what agents want out of their automation system and company partners...
SurePath 3.0 Offering Tools for Processing, Managing Surety Bonds
Jan 3 2002 // California-based InSure Vision Technologies (IVT) has announced the availability of SurePath 3.0, its flagship product for processing and managing both paper-based and electronic surety bonds. Pam Stocks, InSure Vision...
EEOC Sues Allstate Over Age Bias
Dec 31 2001 // Allstate Corp. has been hit with a lawsuit from the U.S. Equal Employment Opportunity Commission. The suit alleges that the company engaged in age discrimination against its agents. According to a New York Times report,...
IBA West Endorses Calderon for Calif. Insurance Commissioner
Dec 28 2001 // The largest trade association in the Pacific West representing independent agents and insurance brokers–which employ more than 15,000 insurance professionals and insure millions of Californians–recently...
Ohio Agents Have Licenses Revoked
Dec 24 2001 // Ohio Department of Insurance Director Lee Covington has signed the second of two orders revoking the insurance licenses of Matthew J. Bower and Abigail Bower, both formerly of Toledo and former agents of the Baron...
Lawyers on Illinois Case Seeking Restitution and Punitive Damages
Dec 24 2001 // Lawyers representing the village of Rosemont, Ill., are seeking restitution and punitive damages in a civil lawsuit against an insurance broker that village officials say allegedly defrauded them out of around $1 million....
Nekema, InsurePoint.com Finalize Merger
Dec 24 2001 // New Jersey-based Nekema Inc. and Ohio-based Insure-Point.com Inc. finished up plans to merge before the end of the year. Company officials recently announced that the newly combined company will operate under the Nekema...
Council of Insurance Agents + Brokers Responds to Failure of Federal Terrorism Reinsurance Legislati
Dec 24 2001 // In response to no Congressional action being taken on federal terrorism reinsurance legislation died in 2001, Ken Crerar, president of The Council of Insurance Agents + Brokers, stated that the move was a disappointment to...
Arrowhead Launches Wholesale Brokerage Division
Dec 20 2001 // Arrowhead General Insurance Agency Inc. announced the launch of a new wholesale brokerage division designed to provide retail insurance producers with a solution for their hard-to-place commercial risks. “We have...
W.K. Cooper and Co. International Insurance Brokers Changes Name
Dec 18 2001 // Bill Cooper, Kevin Crombie and Charles Wardlaw announced that they have changed their company’s name from W. K. Cooper & Co. International Insurance Brokers Inc. to International E&S Insurance Brokers...
