Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Encompass Looks to PGA Sponsorship to Improve Brand
Jun 12 2013 // Companies have for some time been diversifying, and sometimes curbing, their appetite for multimillion-dollar sports sponsorships, so an enterprising insurance company president saw that trend as an opportunity to get his...
Former Va. Insurance Agent Pleads Guilty to Fraud
Jun 12 2013 // A former Charlottesville, Virginia, insurance agent has been sentenced to seven months behind bars for duping customers who believed they were buying insurance from him. The U.S. Attorney’s Office says 32-year-old...
New Survey Explores How Carriers Support Agency Growth Strategies
Jun 12 2013 // Carriers can be instrumental in helping agencies grow through referrals, expanded coverages, and clear business line or geographic expansion planning Despite the challenges facing the industry and the broader economy, two...
Broker Awarded $3.8M Verdict in Reputation Suit
Jun 10 2013 // A Los Angeles Superior Court jury has awarded $3.8 million in lost profits and business reputation damages to HCF Insurance Agency. On June 3, HCF, represented by law firm Winget Spadafora & Schwartzberg LLP, got the...
Game Changer: Agency Download with the Leader in CRM
Jun 10 2013 // Westerville, OH, 6/10/13 – Revolution Group, a Silver Salesforce.com Cloud Alliance Partner and leading technology integration provider specializing in the property/casualty segment of the insurance industry, is...
SIAA Adds Six Agencies in West in May
Jun 6 2013 // The Strategic Insurance Agency Alliance signed six new agencies in the West in May, which brings SIAA’s total for the month to 30 new member agencies. May’s new West members include: Clear Lakes Agency of Buhl,...
Segal Select Insurance Acquires Fiduciary Business from A&R Associates
Jun 6 2013 // Segal Select Insurance Services, Inc. has acquired Broker of Record rights to certain fiduciary liability policies and fidelity bonds previously brokered by A&R Associates in Alexandria, Va. According to Brian Smith,...
Senate Committee Advances National Producer Licensing Reform Bill
Jun 6 2013 // The Senate Banking Committee today voted to send an insurance producer licensing reform measure to the full Senate for consideration. The bipartisan bill — S. 534, the National Association of Registered Agents and...
Marsh to Acquire Brokerage in Dominican Republic
Jun 6 2013 // Insurance broker Marsh has agreed to acquire Franco & Acra Tecniseguros, an insurance adviser in the Dominican Republic that has been acting as Marsh’s local correspondent broker since 1977. Terms of the...
USG Insurance Services Adds Dixon in Louisiana
Jun 6 2013 // USG Insurance Services Inc., a national wholesaler and managing general agent (MGA) has expanded its Louisiana operations with the addition of Jessica Dixon as a producer/broker. She will focus on developing retailers in...
N.H.-Based Northern United Agents Alliance Announces New Agency Member
Jun 4 2013 // The Northern United Agents Alliance (NUAA) announced the addition of Kinney Insurance Agency, based in South Hero, Vt., as the newest member of the alliance. For more than 25 years, Kinney Insurance Agency, with office...
Coastal Homeowners Upset with Insurers, Regulators Over Surge in Insurance Costs
Jun 4 2013 // When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance. Now, as he seeks to move to Atlanta to be near family, Virden says...
New Fiscal Cliff Taxes and Insurance Agencies
Jun 3 2013 // We are all familiar with the old saying, “the only thing certain in life are death and taxes.” With the new tax laws that came into effect for 2013, we know this is really true now! Capital Gains and Flat Tax...
Positioning with Companies as the Market Changes
Jun 3 2013 // A huge amount of press has been devoted to how important price is to insurance buyers – and it clearly is. But this is not specific to insurance. Price is a key factor in almost all buying decisions, excluding medical...
Order Up – The Restaurant Franchise Program Market
Jun 3 2013 // One industry segment ideal for the program market and somewhat immune to the effects of a battered economy is the fast-food, multi-unit restaurant franchise industry, the experts say. The larger a company grows, the slower...
Agencies See Underwriting Changes in Homeowners Market
Jun 3 2013 // The Professional Insurance Agents (PIA) said its recent survey shows significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the...
Agents Helping Agents in Recovery from Oklahoma Tornadoes
Jun 3 2013 // Twelve hundred homes damaged or destroyed, 33,000 people impacted and $2 billion in property losses. Those are damage estimates from the deadly F5 tornado that hit the Oklahoma City suburb of Moore on May 20, just one day...
IMO: Virtual Trade Shows Will Catch On
May 31 2013 // I imagined that during my first virtual trade show I’d sort of feel like the sci-fi movie character Tron, mesmerized and captive in some digital man-made construct that has drawn me down to the minute level of...
Michigan Broker Gets 5 Years in $1M Fraud Case
May 31 2013 // A northern Michigan insurance broker accused of fleecing elderly clients out of more than $1 million has been sentenced to 5 years in federal prison. Prosecutors say William Lowder persuaded clients to change their...
Former U.S. Federal Reserve Insurance Counsel Frank Alerte Joins Colodny, Fass, Talenfeld, Karlinsky, Abate & Webb
May 31 2013 // Ft. Lauderdale, FL, 5/31/13 – Frank Alerte, a former executive insurance counsel at the U.S. Federal Reserve, Guy Carpenter and BB&T, has joined the law and governmental consulting firm of Colodny, Fass,...
