Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
A Legislative Preview for the 77th Session of the Texas Congress
Jan 8 2001 // Now that the presidential election saga has come to a close and a new governor and lieutenant governor are in place, the new guard at the Texas capitol has begun making decisions and appointments for the upcoming 77th...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Vesta Insurance Financial Overhaul Includes Acquisitions, Company Stock for Agents
Jan 5 2001 // Vesta Insurance Group Inc. is planning four separate transactions, the centerpiece of which is two acquisitions that will enable Vesta to offer a wider range of personal lines insurance products. Vesta also intends to...
Former Ohio Agent Indicted
Jan 4 2001 // Ohio Department of Insurance Director Lee Covington announced that the Department’s Enforcement Division recently completed an investigation that led to the indictment of former insurance agent Larry C. Braun,...
Former Calif. Agent Arrested on Warrant Charging 127 Criminal Violations
Jan 4 2001 // Following a six-month investigation, former insurance agent Charles Stanley Tigner was arrested on a Tulare County Superior Court warrant. Among the 127 criminal violations charged in the warrant are insurance fraud, grand...
Reminder from the CDI: Rental Car Companies Must License Their Agents
Jan 4 2001 // Monday, Jan. 1, 2001, was the deadline for rental car companies that offer or sell insurance to be licensed by the California Department of Insurance as an insurance agent, broker or as a rental car agent. The CDI has a...
Pennsylvania Pioneers Drug/Alcohol Rehabilitative Program For Agents
Jan 3 2001 // Pennsylvania recently became the first state in the nation to use a rehabilitative program for chemically dependent insurance agents and brokers called “Agents Helping Agents”. Pennsylvania Insurance...
Former Agents Sue Allstate Insurance Co.
Dec 21 2000 // Five former Allstate Insurance Co. agents who worked in Florida, Georgia and Oregon, filed a lawsuit in U.S. District Court against the insurer, seeking payment for three years of overtime wages. According to a report from...
Hartford Expands Availability of Web-based Bond Quotation
Dec 20 2000 // Hartford Fidelity & Bonding, a unit of The Hartford Financial Services Group Inc., is expanding availability of 1StepSurety, its web-based real-time bond quotation and issuance service, to insurance agents through...
Lloyd’s Begins Acceptance of New Broker Applications
Dec 20 2000 // For the first time in more than 300 years Lloyd’s has opened its market to insurance intermediaries around the world. In line with announced plans it began sending applications to over 150 brokers who have expressed...
Minnesota Agents Draft Collective Bargaining Legislation
Dec 20 2000 // The board of directors of the Minnesota Independent Insurance Agents has drafted legislation for possible introduction in the state legislature this January that would permit agents to collectively bargain the terms and...
MetLife Auto Home Enhances Agent Contracts
Dec 18 2000 // MetLife Auto & Home has made several enhancements to its Independent Agency Agreement. The contract changes will be introduced in 2001. The revisions provide for the company to defend, indemnify, and hold the agent...
CDI Forms Producer Licensing Bureau Toll-Free Hotline
Dec 15 2000 // Insurance Commissioner Harry Low announced the formation of a California Department of Insurance Producer Licensing Bureau toll-free hotline available for producers with licensing concerns. The new hotline is operational...
Prudential California Realty, Tanner Insurance Brokers Join to Sell HO Coverage
Dec 12 2000 // Homeowners will soon be able to buy homeowners insurance through their realtors, thanks to a joint venture between Prudential California Realty and Tanner Companies, LLC, one of the largest regional brokers in...
PIIAI To Break Away from PIA National
Dec 11 2000 // At its meeting on Nov. 30, the Board of Directors of the Professional Independent Insurance Agents of Illinois voted to disaffiliate with the National Association of Professional Insurance Agents, pending ratification by a...
‘Tis the Season…
Dec 11 2000 // Although we still do not have a new President as of this writing, things are quieting down in the nation for the holidays. I think it’s safe to say that the insurance industry will quiet down as well over the next...
With Friends Like That…
Dec 11 2000 // On Oct. 31, Mirna Angelica Alfaro of Los Angeles was arrested on charges of selling automobile insurance without a license. The 30-year-old woman was charged with three counts of acting in the capacity of an insurance...
General Agents Downgraded
Dec 11 2000 // Following the release of third-quarter 2000 earnings by the General Agents Group, the company’s FSR was lowered from ‘A’ to ‘A-‘ by A.M. Best, which noted that the downgrade reflected a...
Broker from North Hollywood Pleads No Contest
Dec 7 2000 // Insurance broker Shahin Sean Pelaseyed, 46, of North Hollywood has pled no contest to one count of grand theft of insurance premiums in a Van Nuys Superior Court. The Van Nuys Attorney’s Office and Pelaseyed reached...
New Mexican Auto Insurance Websites to Help U.S. Consumers, Agents
Nov 29 2000 // A new website will give tourists a chance to purchase Mexican automobile insurance before they venture south of the border. In addition, agents can order policies for their customers through a website designed for...
