Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Independent currents Survey Says: Agency Systems are Stronger
Oct 2 2000 // Silicon Valley operatives like to gloat about a shrinking independent agency system. Today there are 42,000 independent agencies in the U.S., down from 46,000 in 1992. Nearly three out of 10 independent agencies have been...
WebFSC: Is It Hype or Help’
Oct 2 2000 // There was quite a commotion over at the FSC (Facilities & Service Corporation) booth at the recent Alliance convention, according to various reports. My editor says, “You know, John, a lot of people are talking...
Travelers’ Web-based System Implemented
Sep 28 2000 // Almost 3,000 independent agents are signed up to use Travelers’ Issue Express Net, a web-based quote, rate and issuance system for small business insurance, a sure sign, the company said, that many agents are...
NAIC Submits Legislative Proposal to Combat Insurance Fraud
Sep 27 2000 // The National Association of Insurance Commissioners has submitted proposed legislation to grant state insurance regulators access to the FBI’s National Crime Information Center database. The NAIC made the request in...
South Dakota to Keep Countersignature Law
Sep 26 2000 // South Dakota legislators have voted to keep the state’s countersignature law for insurance policies, which requires all policies to be signed by a resident agent. The move is viewed as a setback for insurers and...
Reverse Soft Market Bad Habits
Sep 25 2000 // Without revealing your age, are you one of those who only faintly remembers the daily exercise regimen? At one time, did you count calories? fat grams? And now, you just count the number of pounds that you would like to...
Insurscape.com Launches Web-Based Workers’ Comp Underwriting Facility; Looking for Additional Agents
Sep 25 2000 // Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com...
IIAA, NCCI Reach Agreement to Delay Application Surcharge
Sep 25 2000 // The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will delay for at least one year implementation of a non-electronic filing fee for...
CNA Maritime Launches Cargo Insurance Via Internet
Sep 25 2000 // Cargo insurance, the grandfather of all international property coverage, is about to enter the Internet age with the announcement that CNA Maritime has established “Ocean Marine Manager network interface,”...
An Agent’s Nightmare: Who Knew Forwarding Lawsuit Papers Could Get So Sticky
Sep 25 2000 // Insurance agencies mediate between insurance companies and policyholders all the time. One of the most important focal points for this kind of activity has to do with forwarding suit papers. An insured gets sued. He hands...
Crop Insurance Investigated
Sep 22 2000 // The U.S. Department of Agriculture and other federal agencies are investigating claims that farmers in Darke and other Ohio and Indiana counties are conspiring with insurance agents to defraud the federal crop insurance...
Gallagher Acquires Three Agencies
Sep 20 2000 // Arthur J. Gallagher & Co. has completed the acquisition of three agencies; Atlantic Risk Management Corporation, of Baltimore; Murphy Consultants, of Elgin, Ill.; and R.G. Speno, Inc. Insurance Brokerage, of...
Kemper Looking to Web-Enable Agent Applications
Sep 20 2000 // Looking to meet future business goals, Kemper Insurance Companies is leveraging its information technology infrastructure, managed by Tivoli Enterprise from Tivoli Systems Inc. Kemper’s goal is to Web-enable legacy...
YouZoom.com Expands Online Insurance Offering to Arizona
Sep 19 2000 // YouZoom.com has expanded its online insurance offering to give independent agents and brokers in Arizona the ability to market, sell and service insurance policies over the Internet. YouZoom allows Arizona insurance agents...
Playing the Green: Insuring Golf Courses
Sep 18 2000 // It’s a well known fact in the insurance industry that we are also, in large part, the golf industry. Nine times out of 10, a golf tournament will accompany a convention. Want to raise money for charity? Sponsor a...
Commentary: Reverse Bad Habits Formed During the Soft Market
Sep 18 2000 // Without revealing your age, do you remember the hard market of the mid-’80s? Rest assured, we are a long way from returning to the marketplace of 15-plus years ago. However, the market has bottomed and is beginning...
Another Agent Gone Bad
Sep 18 2000 // Following a joint investigation by the CDI Investigation Bureau and the National Insurance Crime Bureau, Jesse Wong, a Southern California insurance agent, was sentenced on Aug. 17 after pleading no contest to five felony...
Quackenbush Scandal Played Starring Role in 1999-2000 Legislative Session
Sep 18 2000 // As the clock struck midnight on Aug. 30, lawmakers were spent but still deciding the fates of a handful of bills that would affect the insurance industry. So how did the 1999-2000 legislative session compare to other...
News and views encompassing the world of technology
Sep 18 2000 // You know how I love to get e-mails from PR people telling me how I can’t live without their services, technologies or websites (yes, that was dripping sarcasm). Well, that’s what happened the other day when I...
Governor Davis Signs California Agent Licensing Bill
Sep 18 2000 // On Sept. 5, California Governor Gray Davis signed into law AB 393, the state’s new agent licensing law. Sponsored by Assemblymember Jack Scott (D-Altadena), AB 393 requires anyone transacting insurance to meet...
