Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines
Jan 14 2013 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines. Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Attorney Behind $43M Award for Ohio Agent Against Nationwide to File Class Action
Jan 14 2013 // An Ohio law firm that represented a former Nationwide Insurance agent for a $42.8 million jury verdict is getting ready to file a class action against the insurer “in the near future.” Attorney Caryn Groedel...
California Wholesalers Fret Over Upcoming Legal Decision
Jan 11 2013 // A pending legal battle that could expose wholesalers in California to more lawsuits was the centerpiece of talk at the California Insurance Wholesalers Association conference in San Diego on Friday. The three-day...
Want to Reach & Retain More Customers? ASK for an Email Address
Jan 11 2013 // This post is part of a series on insurance marketing and training sponsored by Astonish. Email is one of the most cost effective and convenient ways to communicate with clients and prospects. In fact, it’s the...
Confie Eyes More Expansion, Push Into Standard Lines
Jan 10 2013 // In the coming year Confie Seguros plans to up its buying spree and expand into standard personal and small commercial lines, while broadening its demographic from being primarily Hispanic focused, the president of the...
Surplus Lines Regulatory Picture for 2013
Jan 10 2013 // State implementation of the Nonadmitted and Reinsurance Reform Act (NRRA), effective July 21, 2011, proceeded relatively smoothly during 2012, albeit with a few hiccups as industry and regulators navigated the transition...
HUB International Acquires Louisiana-Based Brokerage Benefit Concepts
Jan 9 2013 // Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will...
Burand’s Agency E&O Blog: Tip #18
Jan 9 2013 // Know Your Binders. Improperly written binders are one of the most significant exposures agencies have to being sued by their own carriers so knowing how to write binders correctly is imperative. One of the issues is...
After the Storm: Insurance Agents E&O Lessons Learned
Jan 8 2013 // More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. As parties find themselves without the coverage they expected after a catastrophe, it appears to be a...
N.Y.-Based Russell Bond Names Senior Broker
Jan 8 2013 // Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently appointed Les Dalmata as senior broker operating from the Utica, N.Y. area.Les DalmataHis responsibilities include production of property,...
EPIC Acquires Homeplace Insurance Brokers in Southern California
Jan 4 2013 // Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario team will report to Dan Ryan, EPIC’s managing principal in Orange...
Tennessee State Senator, Insurance Agent Tracy to Run for Congress
Jan 4 2013 // State Sen. Jim Tracy officially announced Wednesday that he will run for the congressional seat held by fellow Republican U.S. Rep. Scott DesJarlais, saying the embattled lawmaker has deceived his constituents and needs to...
Fidelity National Financial Buys Health Insurance Broker Digital Insurance
Jan 3 2013 // Florida-based title insurer and financial services firm Fidelity National Financial Inc. has acquired Digital Insurance Inc., a health insurance distribution and benefits management firm for small and medium sized...
Confie Seguros Buys 3 More Florida Brokerages
Jan 3 2013 // Hispanic market-focused insurance agency network Confie Seguros said it has acquired three insurance brokerages in Florida that will strengthen the company’s operations in that state. Confie Seguros completed the...
Attorney Behind $43M Award for Ohio Agent Against Nationwide Insurance to File Class Action
Jan 3 2013 // An Ohio law firm that represented a former Nationwide Insurance agent for a $42.8 million jury verdict is getting ready to file a class action against the insurer “in the near future.” Attorney Caryn Groedel...
Oklahoma Agent Joins InVEST Board
Jan 3 2013 // InVEST, the insurance industry career education program, announced that Denise Johnson has joined its national board. Johnson is vice president and insurance producer of ECI Agency in Piedmont, Okla. Johnson is former...
Evolution of Cyber Coverage: How to Sell to Today’s Businesses
Jan 2 2013 // The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines
Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines. Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Ohio Insurance Agencies To See License Fee Change
Dec 31 2012 // The state is lowering the fee Ohio insurance agents and agencies pay to have their licenses renewed late or reinstated. Lt. Gov. Mary Taylor, who also leads Ohio’s Department of Insurance, says the move is aimed at...