Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Wall Street Fights Back vs. Expert Witness in Lawsuits
Feb 14 2012 // For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies. As those victories piled up, brokerages went to war on...
Reagan Survey: Organic Growth and Profitability Continues to Improve for Privately-held Insurance Agencies and Brokerages
Feb 14 2012 // Atlanta, GA, 02/12/12 – Reagan Consulting released its 2011 year-end Organic Growth and Profitability Survey (OGP Survey) results today. The OGP Survey, now in its fourth year, is a real-time indicator of quarterly...
The Graham Company in Philadelphia Appoints Vice Chairman, COO
Feb 13 2012 // The Graham Company, one of the Mid-Atlantic region’s largest insurance and employee benefits brokers, appointed Michael Mitchell as vice chairman and Kenneth Ewell as president and chief operating officer. Both have...
Alabama Insurance Agent Enjoys New Acting Career
Feb 10 2012 // Stan Houston has felt the power of Kenny Powers. Houston, an Enterprise insurance agent based in Dothan, Ala., filmed a scene in July for an upcoming episode of the HBO comedy series “Eastbound and Down.” The...
Safeco Insurance Announces Agent Leaders for the National Advisory Council
Feb 9 2012 // Seattle, Wash.-based Safeco Insurance announced new leaders for its National Advisory Council in 2012. They are Shane Tatum, president, and Jeff Ogard, vice president. Tatum, who has served on the agent council since 2004,...
Strategic Insurance Agency Alliance Adds 4 South Central Agencies
Feb 9 2012 // Four South Central independent insurance agencies joined the Strategic Insurance Agency Alliance in January. The new agencies are: Iron Property Insurance Agency of Houston; Parks Agency of Big Spring, Texas; Huckleberry...
SIAA Signs 10 New Agencies in the Midwest
Feb 8 2012 // The Strategic Insurance Agency Alliance (SIAA) announced it added 10 independent insurance agencies in the Midwest in January. SIAA’s newest members from the Midwest are: Tervo Agency of Hancock, Mich., Fairview...
ISU Network Adds Two Midwest Agencies
Feb 8 2012 // San Francisco-based ISU Network announced that two new independent insurance agencies in the Midwest have joined the agency group. ISU welcomed ISU Papineau Insurance of Tioga, N.D., and ISU Cherris Insurance Agency of...
Moody’s Changes Debt Ratings of Insurance Brokers & Service Cos.
Feb 8 2012 // Moody’s Investors Service has changed various debt ratings of insurance brokers and service companies based on the application of its loss given default (LGD) framework to guide notching decisions for...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 7 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
Willis UK N2 Broker Network Adds 10 New Members
Feb 7 2012 // Willis Group Holdings announced that ten new members have joined its network, Willis N2 – an alliance with local, independent insurance brokers in the UK. The ten new members, which take the total Willis N²...
West Agencies Help SIAA Grow By 47 in January
Feb 7 2012 // Several agencies from the western region joined Strategic Insurance Agency Alliance in January, pushing its number added to 47 for the month. Of January’s signed members, 33 are liberated “captive agents”...
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Feb 6 2012 // John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work...
Louisiana Senator Co-Sponsors Bill to Protect Agent Health Commissions
Feb 6 2012 // Two U.S. senators have filed a bill to clarify that agent compensation should be excluded from the federal health reform Medical Loss Ratio (MLR) requirement for the individual and small group markets. Sen. Mary L....
Newton Joins AmWINS Brokerage of Texas in Houston
Feb 6 2012 // Daniel Newton has joined AmWINS Brokerage of Texas as an assistant vice president and a marketing manager in the company’s Houston office. Newton formerly was territory manager – commercial lines with America First...
Agents Raid 2 Florida CVS Stores in Prescription Drug Abuse Probe
Feb 6 2012 // Agents from the U.S. Drug Enforcement Administration raided two CVS pharmacies in Florida as part of an effort to curb the abuse of prescription painkillers and other potentially addictive substances. The action on...
People
Feb 6 2012 // Centennial, Colo.-based Colorado Casualty has named Lucas J. Bills as president and chief executive officer of the commercial lines company, which operates in Arizona, Colorado, Nevada, New Mexico, Utah and Wyoming. Bills...
E&O Insights: Use Caution When Moving a Customer From a Claims-Made to an Occurrence Form
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
Five Startup Businesses Agents Should Watch
Feb 6 2012 // It hasn’t been the best of times for America’s Main Street businesses. Often facing overwhelming competition from big box stores, many small businesses face an uphill battle from the outset and more than a few...
People
Feb 6 2012 // Confie Seguros, an insurance agency group focused on Hispanic consumers, has named Joseph Waked as chief executive officer. John Addeo , former CEO and co-founder of the business, will remain with the company as executive...
