Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurance Pros in Politics: Insurance Veterans Elect to Also Work in State Legislatures
Sep 10 2013 // Running a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They manage to juggle multiple careers in insurance and politics. Pennsylvania State Sen....
Insurance Pros in Politics: Agent Ted Gaines Eyes California Commissioner Seat
Sep 10 2013 // From agent to politician, state Sen. Ted Gaines wants back in the insurance business – this time as the state’s top regulator of the industry. Gaines, R-Roseville, recently announced he’s running for...
Insurance Pros in Politics: Insurance Good Training Ground for Political Leadership
Sep 10 2013 // When it comes to current or former occupations of state and federal lawmakers, that of insurance producer is not one of the most commonly listed, but perhaps it should be. The variety of skills one necessarily develops...
Insurance Pros in Politics: Midwest Politicians Work as Insurance Advocates
Sep 10 2013 // Those who have worked in the insurance industry and now practice politics in the Midwest say they are able to provide valuable insight into policies and insurance laws that affect their state’s important industries...
Insurance Pros in Politics: Georgia’s Kingston Brought His CPCU to Congress
Sep 10 2013 // Jack Kingston is U.S. Representative for the First Congressional District of Georgia, which encompasses 17 counties in Southeast Georgia including the entirety of the state’s coastline. He has represented the...
Atlas General Insurance Services, LLC, Announces Its Expansion into Tennessee with Opening of Dedicated Marketing Office
Sep 10 2013 // San Diego, CA, 9/10/13 – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the opening of a dedicated marketing office located in Knoxville, Tenn. The new office will be...
Krauter & Company Brings Brokerage Services to Texas
Sep 9 2013 // Krauter & Company has added a 10th U.S. base of operations with the addition of a new office in Houston. The Texas-based team will focus primarily on energy, aviation and upper mid-market and risk-management accounts....
Bank of America, Merrill Settle Gender Bias Claims for $39M
Sep 9 2013 // Bank of America Corp. agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid less than men and deprived of handling their fair share of lucrative accounts, court papers made...
Quickest Way to Raise Agents’ Ire
Sep 9 2013 // What is the quickest way a consultant can raise the ire of agents everywhere? Write an article stating producers have a responsibility to produce. What is the next best way to raise agents’ ire? Write an article that...
Knowing Their Business
Sep 9 2013 // Understanding the exposures of commercial clientele is not only important in reducing an agency’s errors and omissions risk; it’s important to the agency’s and carrier’s bottom line, too. Small...
28th Annual Market & Financial Outlook Survey Reveals an Optimistic Marketplace: MarshBerry
Sep 9 2013 // In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal. The survey compiled anonymous general independent agency information along with...
MAIF Drops Proposal Seeking to Gain Policy Rights
Sep 9 2013 // The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last month withdrew its proposal to gain “sole and exclusive property” rights to all MAIF policies. The...
Indiana Insurance Agent Promoting High School Fishing Clubs
Sep 6 2013 // Helping youth find their way onto lakes to fish. That’s what John Albertson, an insurance agent in Bloomington and youth director for Indiana B.A.S.S., is trying to accomplish. He’s actively seeking students...
IIAT’s Small Agency Conference Set for Oct. 6-7 in San Marcos
Sep 6 2013 // Insurance agents and company representatives from across the state will meet Oct. 6-7 in San Marcos at the Embassy Suites San Marcos Hotel, Spa and Conference Center for the Independent Insurance Agents of Texas’ 9th...
American Family Insurance to Acquire Homesite Group for $616M
Sep 6 2013 // Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based direct writer of...
The Hanover Says It Is Committed to Oklahoma
Sep 5 2013 // The Hanover Insurance Group does a lot of business in Oklahoma and plans to keep it that way. Responding to an Insurance Journal article that inaccurately reported the company was pulling out of the state, The Hanover said...
Best Expresses Concerns over London Market Placement Deals
Sep 5 2013 // A.M. Best has been studying the recent innovation in the London insurance market, exemplified by the arrangement between Aon and Berkshire Hathaway announced in March, which automatically shares a percentage of premiums...
Insurance Journal Searches for Best Agencies to Work For
Sep 4 2013 // Insurance Journal is on the search again for the best independent insurance agencies in the United States to work for and we hope you will consider nominating your agency today. You must be a current employee of the agency...
Capital Oversupply Could Pressure Reinsurers to Lower Rates
Sep 4 2013 // Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, brokers said. “With...
AJ Gallagher to Acquire UK’s Giles Group of Companies
Sep 4 2013 // Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, England. The transaction is subject to regulatory approval and is expected to close...
