Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Assurex International Adds Four Partners in U.S., Canada
May 9 2000 // Assurex International, the world’s largest privately held commercial insurance brokerage group with combined insurance premiums exceeding $12 billion annually, has expanded its worldwide presence with the addition of...
Clinton Speaks at IIAA Legislative Conference
May 4 2000 // President Bill Clinton told independent insurance agents from around the nation that a tax credit for long-term care, Medicare prescription drug coverage and improvements in health care that will result in Americans living...
ABD Jumps From Fifth to Third Largest D&O Broker in Annual Survey
May 2 2000 // ABD Insurance and Financial Services now ranks as the third largest U.S. broker of D&O liability insurance, according to the 1999 Annual Tillinghast-Towers Perrin Survey. As one of the nation’s premier D&O...
PERSONAL WATERCRAFT, Expanding the appeal of recreational boat coverage
May 1 2000 // Both the marine industry and the insurance industry have witnessed a surge in recreational boating, from mega-yachts to personal water-craft (PWC), over the past few years. According to U.S. Coast Guard estimates, there...
What Are You Anyway’ Agent/Broker Distinctions Can Get Muddled
May 1 2000 // Recent legislation has industry circles wrestling over the ongoing question: What makes an agent an agent and a broker a broker? An agent is traditionally defined as a licensed individual or organization authorized to sell...
On the Road: Insuring RVs
May 1 2000 // It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped...
LURED BY COMMISSIONS’
May 1 2000 // Insure.com issued a report entitled “Hidden Rivers of Incentive: How Agent Commissions Affect Your Insurance Shopping,” that tells consumers how insurance agents are provided incentives through commissions,...
Broker Accused of Shocking Behavior
May 1 2000 // Donald Clinton Jones of Walnut Creek, a licensed insurance broker, was arrested for insurance fraud following a September 1999 joint investigation between the CDI’s Fraud Division and Investigations Bureau and the...
International Commmentary
May 1 2000 // China, PNTR and WTOÐRealism and Caution The current phase of American trade and foreign policy towards China, which began with the recognition of the Communist regime by the Nixon administration in 1972, will reach...
Men are from Mars, women from Venus, independent agents from Mercury
May 1 2000 // Bud Wilson, past president of the Independent Insurance Agents of America, has said to agents: “Choose your companies wisely.” Interpreted broadly, the argument supports any company providing competitive prices...
IIAA, NAIFA Outline Concerns with E-Signature Legislation
Apr 26 2000 // A letter was recently sent to House Commerce Committee Chairman Tom Bliley (R-Va.) outlining IIAA’s and NAIFA’s concerns with e-signature legislation pending before a House-Senate conference committee. Bliley...
Insuring RVs
Apr 24 2000 // It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver,...
Personal WatercraftExpanding the Appeal of Boat Coverage
Apr 24 2000 // Both the marine industry and the insurance industry have witnessed a surge in recreational boating, from mega-yachts to personal watercraft (PWC), over the past few years. According to U.S. Coast Guard estimates, there...
Kenny Waldt is Banking on his Future
Apr 24 2000 // Meet Kenny Waldt, independent agent from Houston. When I last checked in, back in November, he was toying with selling his $1.2 million revenue agency to a bank. Feeling pretty righteous about the value of his agency, he...
CIAB VOICES CONCERN
Apr 24 2000 // The chairman of The Council of Insurance Agents and Brokers said much work needs to be done to stop state legislatures from dragging their heels in passing insurance agent/broker licensing reforms. In testimony to the...
Negligent Misrepresentation-Part II
Apr 24 2000 // Editor’s note: The first portion of this article appeared in our April 10 issue, page 28. The tort of negligent misrepresentation protects commerce from loss-producing, negligently supplied misinformation. It is...
Global Risk Exchange to Launch Internet Site for Complex Insurance Transactions
Apr 21 2000 // Global Risk Exchange (GRX) has announced the launch of a new Internet site designed to give “large corporations direct access to top-tier insurance markets.” The program aims to give insurance buyers...
Insure.com Report Tells How Agent Commissions Affect Customer Choices
Apr 21 2000 // Insure.com has issued a report, “Hidden Rivers of Incentive: How Agent Commissions Affect Your Insurance Shopping,” telling consumers how insurance agents are provided incentive through commissions, cash...
Agent-Friendly E-Commerce Meeting
Apr 20 2000 // Top agent leaders of the largest agency management system users groups met at the Independent Insurance Agents of America national headquarters April 19 to share common interests in technology. The meeting, the ACT Agency...
CIAB Chair Concerned Over States Impeding Licensing Reform
Apr 14 2000 // The chairman of The Council of Insurance Agents and Brokers said much work needs to be done to stop state legislatures from dragging their heels in passing insurance agent/broker licensing reforms. In testimony to the...
