Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
MAPFRE Enters Life Insurance Market in Massachusetts
Aug 27 2014 // MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to...
Small Commercial Lines: The Good, The Bad, The Ugly
Aug 27 2014 // Small commercial lines is suddenly the Cinderella of the insurance industry. Previously the unwanted step child turned beauty queen being courted, pursued, and being offered dowries for marriage. Dowries and marriage are...
Indiana Supreme Court Affirms Importance of Reading Policy
Aug 26 2014 // Failure to procure insurance claims of agent malpractice typically involve agent conduct where the agent makes a promise of future activity and not representations about existing provisions related to actual coverages or...
Tenn. State Senator, Insurance Agent Tracy Concedes in Congressional Primary
Aug 26 2014 // Tennessee’s Republican state senator who challenged scandal-plagued U.S. Rep. Scott DesJarlais conceded his 38-vote primary loss to the incumbent on Monday, saying he decided not to challenge the results. Jim Tracy...
VanDelinder Retiring from Texas Independent Agent Association
Aug 25 2014 // The board of the Independent Insurance Agents of Texas announced that IIAT Executive Director/President David VanDelinder is retiring from the association effective Dec. 31, 2014. Regarding VanDelinder’s retirement,...
Agent Survey: Not All Carrier Training Is Created Equal
Aug 25 2014 // Independent agents say product training (used by 50 percent) and technology systems training (used by 41 percent) were the most common types of insurance carrier-provided training they attended last year. However, when the...
JHPInsite Launches Business Discovery Tool for Brokers
Aug 25 2014 // Reno, NV, 8/25/14– JHPInsite.com, an insurance quote engine technology company, is pleased to announce the launch of I-Square.org. I-Square.org represents an innovative new tool designed to assist agents and brokers...
IIAT to Hold 10th Annual Small Agency Conference in San Marcos
Aug 22 2014 // Insurance agents and company representatives from across the state will meet Sept. 28-29 in San Marcos at the Embassy Suites San Marcos Hotel for IIAT’s 10th Annual Small Agency Conference. The Independent Insurance...
Florida Opens, Closes Surplus Lines Opportunities
Aug 20 2014 // The recent legislative session in Tallahassee was relatively quiet, a matter some attribute to this being an election year. But even in quiet years, Florida lawmakers tend to make some noise about the insurance industry...
Jeffrey Vick Joins Breckenridge Insurance Services Chicago-Based Team
Aug 20 2014 // KENNESAW, Ga., August 20, 2014 — Breckenridge Insurance Services, the wholesale commercial brokerage division of Breckenridge Insurance Group, has hired Jeffrey Vick as a vice president as part of the Chicago-based team....
NFP Acquires 2 Agencies in New England
Aug 19 2014 // National Financial Partners Corp. (NFP) announced the acquisitions of two independent insurance agencies in New England: Poulos Insurance Inc. and Altus Specialty Group LLC. Terms were not disclosed. NFP said the...
InVEST Insurance Education Program Adopted by Chicago High Schools
Aug 19 2014 // InVEST, the insurance industry’s classroom to career education program, announced that all Chicago Public School Career and Technical Education (CTE) finance programs will now offer its curriculum to seniors. The...
Southwest Insurance Agents Names Call, Gordon Regional VPs in Arizona
Aug 18 2014 // Southwest Insurance Agents Alliance has expanded its team with the addition of Nate Call and William R. Gordon as regional vice presidents for Arizona. Both Call and Gordon will be responsible for membership service,...
USI to Acquire 7 Willis Retail Brokerage Locations Across U.S.
Aug 18 2014 // USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage...
E&O Insights: ‘Just Duplicate What I Have’
Aug 18 2014 // From a producer’s perspective, the words in the headline are dangerous when spoken by a customer or prospect. Simply duplicating what the insured currently has, whether the account is commercial or personal, can and...
Fees, Plus Commissions, Allowed for Retail Insurance Agents in Texas
Aug 18 2014 // Retail insurance agents in Texas are allowed to charge certain fees in addition to a commission in relation to selling an insurance policy, but those fees must be disclosed to the customer. “Texas is one of the few...
California Insurance Agent Faces 96 Felony Counts
Aug 15 2014 // Jacob Richard Bonzer, 27, formerly of Lake Forest, Calif. was arrested Wednesday in Chicago by a U.S. Marshals Task Force on 96 felony counts including grand theft, forgery and denial of benefits. According to a joint...
States Still Grappling with Surplus Lines Tax Sharing
Aug 15 2014 // Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has...
Young Agents Rate Flexibility, Career Growth Over Technology: Vertafore Survey
Aug 14 2014 // Technology is not an incentive when it comes to attracting and retaining millennials to the insurance industry but it can provide overall job satisfaction in terms of flexibility and career growth opportunities, according...
Beecher Carlson Names Managing Director of Northeast Casualty Brokerage
Aug 12 2014 // Beecher Carlson Insurance Services LLC, a specialized large account brokerage and a wholly-owned subsidiary of Brown & Brown Inc., appointed Joe Roberta as managing director of the Northeast Casualty...
