Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
IIAA Names Flannagan VP of Education and Research
Feb 15 2001 // Madelyn H. Flannagan is the new vice president of education and research for the Independent Insurance Agents of America. “Madelyn offers many years of agency system experience in the areas of research, agency...
Michigan DOI Eliminates Obsolete Regulatory Language, Changes Agent Licensing Requirements
Feb 14 2001 // Michigan Financial and Insurance Services Commissioner Frank M. Fitzgerald announced three measures today that reduce unnecessary regulatory burdens on the financial institution and insurance industry. The measures...
Tennant Risk Services’ Enhances Title/Escrow Agents EnO Insurance
Feb 14 2001 // Tennant Risk Services, the program manager for the Title Agents of America E&O insurance program, is including E-Commerce coverage as part of its Title Industry E&O insurance. Northland Insurance Companies...
Carriers Battle Alleged Taxicab Market Fraud
Feb 12 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 12 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...
Let’s Talk
Feb 12 2001 // Is it just me, or are we working more and talking less? By talking, I don’t mean those long, pointless meetings where goals are summarized in alphabetical order and mission statements are pummeled into submission...
Allstate Agent Talks Break Down
Feb 8 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...
Management buys New York Brokerage
Feb 7 2001 // New York-based Frenkel & Co. Inc. has a new owner-senior management as a result of a management buyout Monday led by Robert Shunk and John Kelly. Shunk will continue as chairman of Frenkel, and Kelly will serve as...
Ohio DOI Creates New, More Decorative Agent License Certificate
Feb 7 2001 // Ohio Insurance Department Director Lee Covington announced that the department has designed a new license certificate for Ohio insurance agents and other licensees that can be used for display purposes. The new...
Agent’s License Revoked for Defrauding Senior Citizens
Feb 7 2001 // California Insurance Commissioner Harry Low revoked the license of former insurance agent Raymond Michael Graney, who did business as Team Concepts Insurance Services. An administrative hearing on Graney’s licensing...
New York Implements e-Commerce Guidelines on Advertisements, Referrals and Solicitations
Feb 6 2001 // New York Superintendent of Insurance Neil D. Levin has issued guidance to the industry concerning the application of the New York Insurance Law to insurance advertisements, referrals, and solicitations on the Internet. The...
American Agents Alliance Ends Affiliation with NAAA
Feb 5 2001 // A resolution to officially end the relationship between the American Agents Alliance and the National Auto Agents Alliance went into effect on Jan. 1, 2001. The resolution was reached at the Alliance Board of Governors...
InsureHiTech Sets Its Sights High, Opens Austin Office
Feb 5 2001 // Redefining the insurance industry is no small task. Just ask Rick Maloy, president of InsureHiTech, a company that has great hopes of changing the agency management system of every insurance agent, broker and carrier in...
Crop Insurance: A State of the Industry Report
Feb 5 2001 // Last year was an eventful one for the crop insurance industry with a new farm package including modifications such as an $8 billion subsidy package and a $7.1 billion bailout for farmers hurt by depressed crop prices. It...
The Reeducation of Texas Agents
Feb 5 2001 // Looming agent licensing changes stemming from the Gramm-Leach-Bliley Act could have a direct effect on how and what information agents receive through continuing education classes. Already, 30 states have begun preparing...
Let’s Talk
Feb 5 2001 // The ways that agents talk to one another are changing-a result of a developing profession that demands a lot more attention and time in the saddle. As commissions dropped with soft premiums, it made more sense for agents,...
TRAVELERS PERSONAL LINES AGENTS
Feb 5 2001 // Travelers has launched a new Internet-technology-based automation system for personal lines independent agents in an effort to save them time and improve their profitability by simplifying the quoting and issuing of new...
Bank Proposal for Federal Insurance Oversight Opposed by Industry
Feb 1 2001 // The American Bankers Association Insurance Association has proposed the legislation that would effectively create two new federal charters – one for insurance companies and a second for insurance agencies – and...
Commercial P/C Rates Hardened in 2000
Jan 30 2001 // Through its fourth quarter 2000 Commercial Insurance Market Index, released yesterday, The Council reported commercial property/casualty premium rates across all lines of the business and group medical coverage rose...
Online CE Courses are Changing the Ways Agents Get Educated
Jan 29 2001 // Sadly, this is the mindset of many agents when it comes to continuing education. Every agent knows the important role that continuing education (CE) plays in keeping up with the industry’s ever-changing business...
