Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
N.Y. Agency Groups Will Not Appeal Compensation Disclosure Ruling
Mar 21 2012 // It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation. Earlier this month, the New York appeals court agreed with the lower court and said insurance...
Veteran Agents Form Atlanta Brokerage Targeting Real Estate, Construction
Mar 21 2012 // Two veteran insurance agents have joined forces to create a new Atlanta-based brokerage operation focused on insurance, benefits and surety products for the construction and real estate industries. Parker Hix and Martin H....
Ratings Agencies Respond to The Hartford’s Plan to Exit Life Insurance
Mar 21 2012 // In response to Hartford Financial Services Group Inc.’s planned exit from some of its life insurance business, Standard & Poor’s Rating Services said it is downgrading the subsidiaries previously aggregated...
Pay For Insurance Continues to Wow the Insurance Industry by Bringing Secure and Affordable Payment Services
Mar 21 2012 // Houston, TX, 03/21/2012 – Pay For Insurance is taking the insurance world by storm with an online payment system that is designed to provide insurance agents, companies, and brokers the ease to collect payments with...
Arizona Insurance Group Worried Bill May Lead to Towing Innocents’ Vehicles
Mar 20 2012 // A bill to change Arizona’s mandatory auto insurance laws to allow law enforcement officials to tow and impound vehicles without liability insurance is raising concerns that it could lead to the towing of a small...
AmWINS Announces Promotion in Philadelphia Office
Mar 20 2012 // AmWINS Group Inc. promoted Matt Szkotak to branch leader of AmWINS Brokerage of Pennsylvania, located in Philadelphia. Szkotak has been serving as property manager in the Philadelphia office for the past 10 years and will...
A. J. Gallagher Acquires Canadian Broker BenefitLink Resource Group
Mar 19 2012 // Arthur J. Gallagher & Co. announced the acquisition of BenefitLink Resource Group, Inc., in Calgary, Canada. Terms of the transaction were not disclosed. The bulletin said BenefitLink was established in 2001, as an...
Agents Say Some Are Gaming System, Overselling Citizens’ Policies
Mar 19 2012 // Independent agents in Florida are calling on the state-run property insurer Citizens Property Insurance Corp. to staunch the flow of policies from agents employed by direct writers. The independent agents, who represent...
For PIA President Williams, Wanting to Help Keeps Her Motivated
Mar 19 2012 // The trade group the Professional Insurance Agents (PIA) of Florida has about 350 agencies as members. The association has been around for 70 years advocating for agents in Tallahassee and educating them on how to better...
People
Mar 19 2012 // Edgewood Partners Insurance Center, a retail property, casualty and employee benefits insurance brokerage, named Hilton Brown to oversee client claims and advocacy in the company’s California offices in Los Angeles...
Let the Sun Shine
Mar 19 2012 // It’s time to put some of the sunshine back in the Sunshine State’s insurance outlook. Sure, the property market, Citizens and the hurricane fund remain precarious. But no-fault’s PIP may be on the mend...
Should Agents Get Paid More for Depopulating Citizens?
Mar 19 2012 // Office of Insurance Regulation General Counsel Belinda Miller recently asked if there is a way to reward agents for placing policies in the private market as opposed to letting them sit in Citizens year after year. Brian...
E&O Insights: What to Consider When Buying or Selling an Agency
Mar 19 2012 // There is a tremendous amount of mergers and acquisitions activity going on in our industry. Every day, insurance news providers report on insurance acquisitions. The big agencies are not only getting bigger, they seem to...
25 Years in Agency Management
Mar 19 2012 // Today’s Market Demands Greater Efficiencies, Operational Management and Discipline I have been working with agency owners in one capacity or another for 25 years. During this quarter-century, some aspects of agency...
Say Something Nice About Florida P/C Insurance
Mar 19 2012 // There is plenty of negativity about the Florida property/casualty insurance market in the press, living rooms, boardrooms and barrooms across the state-and even among many people outside the state with an interest. The...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Mar 19 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced recently by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley,...
Breathing Life into a P/C Agency
Mar 19 2012 // If someone were to hand you a blank check to enhance your bottom line, would you let it sit on your desk and collect dust? Or, would you fill in a number ending with a few zeroes and take some extra cash for doing no extra...
Breathing Life into a P/C Agency
Mar 19 2012 // If someone were to hand you a blank check to enhance your bottom line, would you let it sit on your desk and collect dust? Or, would you fill in a number ending with a few zeroes and take some extra cash for doing no extra...
How Florida Agents Rate Leaders and Prioritize Issues
Mar 19 2012 // There is less consensus when it comes to rating the performance of key players in the state’s insurance marketplace, however. Some public officials get better grades than property/casualty insurance executives as a...
Court Upholds N.Y. Brokers Disclosure Regulation
Mar 19 2012 // Earlier this month, an appeals court in New York agreed with the lower court’s ruling and said the insurance regulators have the authority to require brokers to disclose the source of their compensation. The rule,...
