Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Conducting an Efficiency Study
Jul 24 2000 // The economy is booming. New millionaires are being created every day. American business has never had it so good. So being an insurance agent is the fast track to financial freedom, right? Wrong. No one is setting up...
Lying, Cheating and Stealing
Jul 24 2000 // There are a number of sins to which those providing services for money are susceptible: product ignorance, market ignorance, administrative incompetence, disloyalty and betrayal, slothfulness, untruthfulness, and stealing....
Surplus Line Brokers Gather at ‘Playground of Pacific Northwest’ for WSSLC
Jul 24 2000 // By mixing education with entertainment, Western States Surplus Line Conference (WSSLC) Two Thousand is sure to provide an ideal specialized forum for the surplus line industry. The Surplus Line Association of Idaho is...
MarketScout.com: Diamond in the Rough
Jul 24 2000 // When I research sites or applications or even claims, I try to go in with the perspective of “how do I or other insurance professionals experience this site and how does it respond to me?” This allows me to be...
Groups Disagree on Producer Licensing Model Language
Jul 24 2000 // What’s in a word? A lot—at least according to the National Association of Mutual Insurance Companies (NAMIC). In a press release, the association announced a July 11 letter, sent to the chair of the National...
Web Site for Independent Life Insurance Brokers
Jul 19 2000 // Lifeseller.com has been created to serve independent life insurance brokers across the country. Claiming to bring order to the web chaos for independent insurance brokers, the site provides a directory of products,...
ESurety Launches Agent Web Site
Jul 18 2000 // eSurety.com has launched a new web site providing a simple to use on-line system to instantly obtain surety bonds. Agents receive quotes, underwriting decisions, market-rate commission, and online delivery of completed...
Broadreach Consulting Launches Insurance Agent
Jul 17 2000 // myAgency.net Broadreach Consulting, Inc., an Internet Professional Services firm, today announced the completion of a comprehensive web site for Internet Pipeline. myAgency.net provides “back office” tools for...
UBS to Purchase PaineWebber Group
Jul 13 2000 // UBS AG will buy brokerage PaineWebber Group Inc. for $10.8 billion, giving No. 1 Swiss bank access to millions of wealthy U.S. investors. The deal values PaineWebber, the No. 4 U.S. brokerage, at $73.50 a share, and...
Online Endorsements, Policy Access Available on
Jul 10 2000 // Progressive Insurance is offering agents policy access and the ability to complete endorsements online through its agent-dedicated web site, www.ForAgentsOnly.com. Agents will save time usually spent trading phone calls...
Hibbs-Hallmark & Co. Acquires Assets of Lambert Fenchurch from Richard Kerr
Jul 10 2000 // Hibbs-Hallmark & Co. of Tyler has assumed the assets and client base of the former Lambert Fenchurch of Texas from Richard Kerr Acquisitions for an undisclosed amount. Kerr acquired the Texas retail insurance...
Surplus Lines Agents in The New Millennium
Jul 10 2000 // 2001 Legislative session to bring changes to agent licencing In an effort to comply with the uniformity and reciprocity requirements of financial services reform, the Texas Department of Insurance will likely soon change...
Successor Liability for Renewal Commissions
Jul 10 2000 // Employees and operatives often have tensions and conflicts with their employers and principals. This general and highly abstract truth applies no less to insurance agents than to anyone else. Agents want a larger share of...
Technology is your Slave, Not Your Master
Jul 10 2000 // The exhibit hall at the ACORD Technology Conference in Orlando in May would have made your head spin. On the one hand, technology is increasingly complex and sophisticated. On the other, it becomes easier when you keep the...
Commentary: E-Signature Law Should Expedite Insurers’ Interest With Internet
Jul 10 2000 // What effect will President Clinton’s signing of the Electronic Signatures in Global and National Commerce Act (S. 761) have on the insurance industry? For openers, it should now persuade even the most skeptical...
CSG Announces Sale, Refocuses Core Business
Jul 10 2000 // A definitive purchase agreement has been signed for the acquisition of Columbus, Ohio-based Century Surety Group (CSG) for $31 million, to a consortium of financial entities led by CSG management. The transaction is...
A diamond in the rough
Jul 10 2000 // When I research sites or applications or even claims, I try to go in with the perspective of “how do I or other insurance professionals experience this site and how does it respond to me?” This allows me to be...
October Date For New Lloyd’s Broker Standards
Jul 6 2000 // The new standards that brokers from the United Kingdom and overseas will have to meet in order to trade on the Lloyd’s of London insurance market will be announced in October. The date for the announcement has been...
Zurich U.S. Announces Changes to Surplus Line Brokerage in California
Jun 28 2000 // Zurich E&S Insurance Brokerage Inc. replaced Glendale Specialty Risk Insurance Services Inc. as its wholesale surplus lines brokerage facility in California. The change went into effect on June 15. The office will...
Putting Life Back in Your Agency
Jun 26 2000 // Traditional P&C Agencies Should Consider a Life Department for Increasing Profits, Retention Insured households carry more coverage than ever before, but at the same time the insurance industry is reaching fewer U.S....