Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Programbusiness.com: A Portal into the World of Markets
Feb 26 2001 // If a man speaks in the woods, and no one hears him, is he still wrong? Well, if I were the man, then the answer would be a resounding, “Yes.” Let me start from the beginning. I receive an e-mail about a portal...
Agent Commission on Insanity is Nuts
Feb 26 2001 // “How’s business?” “Don’t ask.” “What’s wrong?” “You’ve heard of underwriting?” “I’m familiar with the concept.” “Well,...
CALLING ALL YOUNG AGENTS
Feb 26 2001 // The Young Brokers and Agents Committee (YBAC) has been hard at work planning the 26th Annual Young Brokers & Agents Conference. Named “Best in the Nation” for the past four years by the Independent...
New York Agent Appointments Can Now Be Handled Online
Feb 23 2001 // New York Superintendent of Insurance Neil D. Levin announced that effective immediately all authorized insurers will have the ability to appoint and terminate licensed agents electronically. “This use of the internet...
Insurer Chooses Agents Over Web
Feb 23 2001 // Ohio Casualty Corp. of Fairfield, Ohio, is abandoning its web-based Avomark brand direct personal lines auto marketing in favor of an independent agent sales force. Dan R. Carmichael, Ohio Casualty’s new president...
IIAA and CIAB Join Homeownership Alliance
Feb 23 2001 // The Homeownership Alliance has added The Council of Insurance Agents + Brokers and The Independent Insurance Agents of America as its newest members. The Council represents over 250 member firms, all among the top one...
State Farm Agent Faces Charges in Alleged Insurance Scam
Feb 21 2001 // Editor’s note: In a response to a question which read, have you ever at any time been under indictment for any crime, Dr. Saracino’s answer is yes. On Feb. 13, 2001, Barbara and her husband were indicted for a...
NAAA Fires Back at Alliance Disaffiliation
Feb 21 2001 // Following the American Agents Alliance’s recent announcement that the organization was disaffiliating from the National Auto Agents Alliance, NAAA Past President Mark Schmoekel sent out a letter to California agents...
Kaye New England to Service Willis Accounts
Feb 20 2001 // Kaye Group Inc. has announced that Kaye Insurance Associates Inc. New England, its Westport, Connecticut-based retail insurance brokerage subsidiary, has signed an agreement with Willis North America Inc., a division of...
ProgramBusiness.com Launched; Open to Agents, Providers
Feb 20 2001 // National Marketing Services Inc., a provider of marketing products and services since 1988, has announced the launch of www.Programbusiness.com, designed to bring retailers, wholesalers, MGAs and program managers together...
Carriers Battle Alleged Taxicab Market Fraud
Feb 19 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
Commercial Auto-The LONG Road Back to Profitability
Feb 19 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Agent-Broker Malpractice
Feb 19 2001 // In specifying, arranging for and renewing insurance policies, it is customary in the industry for agents to use a kind of shorthand. It is also customary for agents to rely upon manuals provided to them by insurers. A case...
Low Cost Solutions
Feb 19 2001 // The seminar I was attending was “Low Cost Automation Solutions for Small Agencies”, but it might as well have been entitled “Agency Owners: Get Your Butts in Gear.” The self-help session, held as...
TEXAS AGENT INDICTED
Feb 19 2001 // A Travis County grand jury has indicted Larry Wallace of Wallace Insurance Agency and Ruben Perez of Artisan Masonry for insurance fraud. The case, decided on Jan. 26, first surfaced when The Texas Workers’ Comp...
ALLSTATE AGENT TALKS BREAK DOWN
Feb 19 2001 // Talks between Allstate Corp. and more than 300 of its captive agents to settle a long-running dispute over contractual changes have broken down. The insurer faces complaints regarding its 1999 plan to convert agent...
Texas Case Watched Closely By Surplus Lines Industry
Feb 19 2001 // The Comptroller of Public Accounts in Texas is planning an appeal of a Third District Court ruling that found Dow Chemical Co. did not owe the comptroller taxes on independently procured insurance. The Comptroller’s...
YNB Financial Services Forms Partnership with Local Independent Insurance Agencies
Feb 16 2001 // New Jersey bank, YNB Financial Services has signed marketing agreements with three independently-owned insurance agencies, Borden-Perlman Insurance Agency, Nottingham Insurance Agency and Princeton Assurance Corporation...
CDI Searches California Agencies In Effort to Uncover Possible Fraud
Feb 16 2001 // Search warrants were executed at more than 10 locations in California in the past two weeks, according to the California Department of Insurance Criminal Investigations Branch. Investigators were hunting for evidence of...
Ohio DOI Unveils Top 10 Fraud Violations of 2000
Feb 15 2001 // Ohio Department of Insurance Director Lee Covington released a list of the Top 10 Insurance Fraud violations for 2000. During 2000, the Department opened 144 fraud cases. At the Insurance Department, the Enforcement...
