Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Meeting Volume Requirements Presents a Challenge for Agents
Sep 10 2001 // Independent agents who have been in the business for several decades will say that insurance company-mandated volume requirements have been around as long as they can remember. Most will also admit that the practice makes...
NAPSLO Retrospective: A Visit With Outgoing President John Latham
Sep 10 2001 // John Latham will soon step aside as National Association of Professional Surplus Lines Offices (NAPSLO) president making room for Tap Johnson, Jr. Before his exit, he agreed to spend a few minutes with Insurance Journal to...
Singin’ the Hard-to-Place Blues
Sep 10 2001 // Ever had a really obscure risk and no idea where to look for a market? As it turns out, you’re not alone. The forum for “Hard-to-Place Accounts” is rapidly becoming the new hotspot on InsuranceJournal.com...
Looking Back at the Rise of NAPSLO
Sep 10 2001 // NAPSLO, or the National Association of Professional Surplus Lines Offices, Limited, was organized during the years of 1973, 1974 and 1975. The first meetings were usually held at the same time as the meetings of the...
Progressive Survey: Nearly 1 in 10 Consumers Likely to Commit Insurance Fraud
Sep 7 2001 // With a $120 billion annual price tag, insurance fraud is one of the costliest crimes in America. Progressive Insurance recently conducted a telephone survey on more than 31,000 Americans to better understand how people...
Midwest Agencies Join SIAA
Sep 7 2001 // Two Midwest insurance agencies, one in Ohio and the other in Nebraska, joined the Strategic Independent Agents Alliance. Hertvik Insurance Agency Inc., of Middleburg Heights, Ohio, has established Mid American Insurance...
Arch Capital to Acquire Tri-City Brokerage
Sep 6 2001 // Arch Capital Group Ltd., a diversified Bermuda-based financial services company, announced plans to acquire Tri-City Brokerage, Inc. from Ullico Inc. for an undisclosed amount. Tri-City, which has offices in Chicago, Long...
Sacramento Agent Hit with 13 Charges
Sep 6 2001 // Suzanne Beall, president of Northstate Insurance Agency Inc., was arrested at her residence and moved to the Sacramento jail. Beall was charged with two felony counts of grand theft; two felony counts of destroying...
NAMIC Says GAO Report Affirms Group’s Stance on NAIC’s Ability
Sep 3 2001 // The National Association of Mutual Insurance Companies (NAMIC) says a long-anticipated General Accounting Office (GAO) report on state regulatory initiatives confirms the association’s position that while state...
2000 Surplus Lines Premium Report
Sep 3 2001 // Processing at the Surplus Lines Stamping Office of Texas this year confirms what underwriters, agents, and risk managers already know – the hardening of the Property/Casualty market continues. Through August, the...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
LAAA JOINS NAAA
Sep 3 2001 // The National Auto Agents Alliance at its Board meeting in Atlanta, Ga., accepted an application for affiliation from the Latin American Agents Association. The LAAA is a three-year-old organization headquartered in Los...
Are Producers Always the Agents of Insurers’
Sep 3 2001 // Texas has a statute, section 21.02 of the Insurance Code, which makes insurance intermediaries the legal agents of carriers for many purposes. Lots of people believe producers are always the agents of insurers with respect...
Attempts at Workers’ Comp Reform Could Hurt Agents, Small Business
Aug 30 2001 // According to Insurance Brokers and Agents of the West (IBA West), a workers’ compensation bill moving its way through the California Legislature doesn’t go far enough in attempts to reduce costs to reform the...
Latin American Agents Association Joins the National Auto Agents Alliance
Aug 29 2001 // At its Board meeting in Atlanta, Ga., the National Auto Agents Alliance (NAAA) accepted an application for affiliation from the Latin American Agents Association (LAAA). The LAAA is a three-year-old organization...
American Agents Alliance to Stir Up Ideas at 2001 Conference & Expo
Aug 27 2001 // A two-day “Agency Management Training Camp” is among the highlights of the American Agents Alliance 2001 Conference & Expo, to be held Sept. 19-23 at the Westin Mission Hills Resort in Rancho Mirage,...
It’s Fire Season: Time to Brush Up on Coverage and Prevention
Aug 27 2001 // Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster. As of Aug. 15, close to 300 wildfires...
Broker Trucks on Down to Jail
Aug 27 2001 // North Hollywood insurance broker Shahin Sean Pelaseyed was sentenced to 180 days in county jail and five years probation by a Van Nuys District Superior Court. The sentencing comes six months after Pelaseyed pled no...
Booz-Allen Survey Reveals Gap Between Internet Insurance Offerings and Customer Needs August 24, 20
Aug 24 2001 // Despite explosive growth in traffic, many insurance Internet sites fail to measure up to competing bank and brokerage sites, according to a recent eInsurance study by Booz-Allen & Hamilton, a worldwide management and...
InsureZone Product Gets Co-Marketing Endorsements from IIAA Organizations in 5 States August 23, 20
Aug 23 2001 // InsureZone, the “clicks and mortar” insurance agency that offers access to insurance products through multiple channels, announced that AgentSecure, its web-based market-access program for small and rural...
