Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Report Aon in Talks to Form Chinese Broker
Nov 30 2001 // According to a report from Reuters News Agency, Aon Corp., the world’s second largest insurance broker, is in the process of concluding a 50/50 partnership arrangement with China’s state-owned COFCO, and...
California Agent Gets 4 Years for Fraud
Nov 30 2001 // John Blanton Breland, 54, was sentenced Nov. 26 in the San Joaquin County Superior Court to four years in State prison. The sentencing is the result of a guilty plea to two felony counts of embezzlement, one count of theft...
Hull & Company Restructures Calif. Offices
Nov 29 2001 // Hull & Company, one of the nation’s largest wholesale brokers and MGAs, announced it would be implementing several action steps, including the merger of its San Diego office into its Newport Beach locale. The...
Gallagher Acquires Lloyd’s Broker MRS; Willis Ups Stake in German Broker JWA
Nov 28 2001 // Two of the world’s biggest insurance brokers are growing. Arthur J. Gallagher & Co. announced that it had acquired MRS Holdings Ltd. of London for an undisclosed amount, and Willis Group Holdings said it will...
AUGIE Aids in Survey to Determine Needs of Agents
Nov 27 2001 // The ACORD User Groups Information Exchange (AUGIE) has been working with insurance companies, vendors and the national agency management system user groups to develop a comprehensive survey in an effort to determine what...
IIAA Releases 2001 Best Practices Study, Highlights Importance of Technology
Nov 27 2001 // The 2001 Best Practices Study, released recently by the Independent Insurance Agents of America (IIAA), finds that technology is playing an ever-expanding and critical role in the success of Best Practices agencies and...
California Agent Pleads No Contest to Felony Counts
Nov 26 2001 // A Stockton insurance agent pled no contest to four felony counts earlier this month in the San Joaquin Superior Court. Kim Lorene Lawrence, 40, made the plea after being charged with 33 felony counts consisting of...
BB&T’s Aggressive Expansion Plan Includes Mergers, Acquisitions
Nov 26 2001 // BB&T Corporation, the Winston-Salem, N.C.-based financial services company with strong insurance interests, is maintaining its strategy of expansion across the southern U.S. by agreeing in principle to merge with...
Michigan-Based NAPAA Files Lawsuit Against Allstate
Nov 21 2001 // Canton, Mich.-based National Association of Professional Allstate Agents (NAPAA) filed a lawsuit in U.S. District Court in Tampa, Fla. against Allstate Insurance Co., claiming that the insurer breached its agreement with...
SEEC Inc. Introduces Solution for industry
Nov 21 2001 // SEEC, Inc., a provider of business-to-business solutions for insurance and other industries, has introduced Axcess(TM) for Insurance, an agent self-service solution that allows a carrier’s agents to quote, underwrite...
Insurance Revolution Inc. Launches Second Wholly Owned Subsidiary
Nov 19 2001 // Insurance Revolution Inc., the parent company of InsureHiTech, announced that it has launched a second wholly owned subsidiary, Insurance Revolution Technology Inc. (DBA IR Technology Inc.). As the technology segment of...
The St. Paul Companies Addresses Impact of E-Commerce
Nov 19 2001 // E-commerce, the Internet and technology are reshaping how business is done, yet, most companies do not understand how technology can impact their business, according to Kae Lovaas, president, Global Technology...
Ohio Agent Candidates Can Go Online to Register
Nov 15 2001 // Adding to the list of technology enhancements developed over the past two years, Lee Covington, Director of the Ohio Department of Insurance, announced a new online service that will make it easier for insurance agent...
Michigan-Based Pioneer State Mutual Signs Deal to Aid Agents
Nov 14 2001 // Pioneer State Mutual Insurance Co., a Michigan property and casualty insurer, has signed a licensing agreement for Allenbrook’s VIC(c) (Visual Internet Connection) software. VIC will provide agents with a secure Web...
F.A. Legal Looks for Average Claim Costs to Rise in 2002
Nov 14 2001 // In 2002, the average cost per claim could rise to $30,000 that individual financial professionals pay to defend themselves against litigation, and in some cases it could exceed $100,000, according to Walter Baumgardner, a...
IIAA Looks at Terrorism Bill Vote as Momentum Builder
Nov 13 2001 // A vote by the House Financial Services Committee last week to approve legislation to aid insurance consumers following future terrorist attacks serves as a momentum builder on Capitol Hill, according to Independent...
NAAA Concludes Board Meeting at AIAT
Nov 13 2001 // The National Auto Agents Alliance (NAAA) held its third Board Meeting of the year in Arlington, Texas, on Nov. 2. For the fourth consecutive year, the meeting was held in conjunction with the Automobile Insurance Agents of...
FINEOS Launches New Broker/Agent Portals
Nov 12 2001 // Dublin, Ireland-based FINEOS, a specialist in Internet marketing solutions for banks and insurers, announced the launch of several new Broker and Agent Portals “specifically designed for banking and insurance...
Financial Keyosk Allows Agents to Tap Into Sales of Financial Services
Nov 12 2001 // Financial Keyosk, a growing online financial services solution providing assistance to agents, has come on the scene with the goal of helping agents obtain carrier markets, expand products and make their businesses run...
The View from Up There-Insurers Embrace Space Age Technologies
Nov 12 2001 // The key witness in a recent crop fraud case turned out to be a camera. In June 2001, a U.S. District judge in Arkansas ruled against several farmers accused of filing false crop insurance claims totaling approximately...
