Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Homeowners not the Only Line of Insurance Affected by Texas Weather
May 20 2013 // Nature’s Perils Drive Cost of Agent E&O Coverage, Too It’s well known that Texas has some of the highest homeowners premiums in the nation – in large part due to the state’s vulnerability to...
How Independent Agents Can Use Print Ads in Today’s Digital World
May 20 2013 // The primary purpose of an independent agent is to sell insurance. Nowhere in agency contracts does it mention that marketing and sales must be performed exclusively via social media. That’s a good thing, because if...
E&O Insights: Restaurant and Tavern Risks
May 20 2013 // Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that...
The Time is Now for Agent Licensing Reform
May 20 2013 // Excitement is building for critical legislation, the “National Association of Registered Agents & Brokers (NARAB II) Reform Act.” The Independent Agents & Brokers of America (Big “I”)...
Arizona Insurance Agency Chosen for Agency 2020
May 17 2013 // Hester, Heitel & Associates, an independent insurance agency in Phoenix, Ariz. was chosen to represent “the path to the future for all independent agencies,” announced Consumer Agent Portal LLC, also known...
Former Texas Agent Convicted in Insurance Fraud Scam
May 15 2013 // A former Texas insurance agent has been convicted of a first-degree felony for diverting more than $150,000 in premium payments for personal use, the Texas Department of Insurance reported. The DOI said Leslie Ray Collins...
ProspX Names Former AIG Executive Gold as CEO
May 15 2013 // Austin, Texas-based ProspX Inc. named Steve Gold as president and chief executive officer, bringing to the company more than 27 years of executive management experience in commercial insurance. Co-founder and former...
Oklahoma’s Midlands MGA Joins Trusted Choice
May 14 2013 // Oklahoma-based managing general agent, Midlands, is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, the Independent Insurance Agents & Brokers of America...
TWFG Honors High-Achieving Producers
May 14 2013 // The Woodlands Financial Group’s TWFG Insurance Services division has named 20 as outstanding performers and producers for the year 2012, the company announced. In addition to annual awards in seven categories, seven...
50 Top Apps for Independent Agents
May 14 2013 // Mobility technology is changing the way the insurance industry operates. But when it comes to working on the go, nothing is as important as mobile device applications. But what apps do independent agents use most? What...
E&O Insights: Directors & Officers Liability Is Not Your Normal Insurance Product
May 14 2013 // If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top. The lack of...
Broker’s Insurance Group Announces 2013 Biggie Award Winners
May 13 2013 // Rancho Cucamonga, CA, 05/13/13 – The Brokers Insurance Group announced this year’s winners of the 2013 Biggie Awards. With over 13,000 votes tallied over 10 unique categories, this year’s awards ceremony...
2 Third-Generation Independent Agencies Merge in Massachusetts
May 10 2013 // Ross Insurance Agency, a third-generation independent agency based in Holyoke, Mass., recently purchased another third-generation Holyoke agency, the Nathan N. Feldman Insurance Agency Inc. Founded in 1925, Ross Insurance...
Missouri Bill Could Require Data Breach Notification by State Agencies
May 9 2013 // State agencies could be required to notify Missourians if personal data such as concealed gun permits and credit card numbers are accessed by someone who is not authorized to have that information. The proposal comes from...
FTC: Online Background Check Firms May Be Violating Fair Credit Law
May 9 2013 // Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act. The Federal Trade Commission sent warning letters to 10...
Identifying and Mitigating Agent E&O Exposures in the High-Net Worth Segment
May 9 2013 // As the Internet continues to take hold over the independent insurance agent’s market share, the value-added services a broker can provide to their clients are more important than ever, especially in the high-net...
CBIZ Acquires Minnesota’s Associated Insurance Agents
May 7 2013 // CBIZ Inc. announced it acquired Associated Insurance Agents (AIA), of Minneapolis, Minn., effective May 1, 2013. Established in 1982, AIA is an insurance brokerage agency specializing in property and casualty insurance,...
Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas
May 7 2013 // Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The...
Florida Lawmakers OK Clearinghouse for Citizens Business; Agents Face Changes
May 6 2013 // Florida lawmakers approved legislation that seeks to slow the growth of the state-backed property insurer by diverting new policies into the private market while largely retaining the status quo for the insurer’s...
RIMS Conference in LA Risks No Loss of Subject Matter
May 6 2013 // Renewal of the Terrorism and Risk Insurance Act was a much talked about topic at the annual Risk and Insurance Management Society conference, a four-day event in Los Angeles, Calif. in late April that included panels...
