Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Property Risk Insurance Specialist
Dec 21 2011 // The Property Risk Insurance Specialist (PRIS) program was developed by Insurance Partners Academy and is contributed to by the Insurance Journal Academy of Insurance. PRIS allows agents, brokers, underwriters, risk...
Oklahoma Insurance Commissioner Doak Has Had a Full Plate in 2011
Dec 19 2011 // In his first year as insurance commissioner of Oklahoma, John Doak has been a busy man. Doak and the agency he leads have had their hands full implementing reforms in the workers’ compensation system, dealing with a...
FastrackCE Offers New Program For Significant Co-Branding Possibilities
Dec 19 2011 // Chino, CA – The launch of a new Partner Program was announced today by FastrackCE, a leader in the insurance continuing education (CE) industry. The program provides an opportunity for insurance companies,...
Louisiana Asks for Reconsideration of Medical Loss Ratio Waiver Denial
Dec 16 2011 // Louisiana Insurance Commissioner Jim Donelon is requesting the U.S. Department of Health and Human Services (HHS) to reconsider its denial of the medical loss ratio (MLR) waiver that the state requested earlier this...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
Agency Pro-tection
Dec 16 2011 // E&O and Agency Assets Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They...
Who’s Worth What in the Agency System: Time to Evaluate Frozen Salaries
Dec 16 2011 // Agency Salary Survey Reveals Frozen Salaries; Experts Say Time Is Right to Evaluate Compensation Any business owner knows that a great employee is worth a lot. That holds true for independent insurance agencies when it...
People
Dec 16 2011 // Liberty Mutual consolidated its specialty construction operations and appointed James Conroy senior vice president and chief underwriting officer for construction, Liberty Mutual commercial markets. Previously, Conroy was...
All in the Family
Dec 16 2011 // Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local...
Industry’s First Virtual Insurance Tradeshow Live Again In February 2012
Dec 15 2011 // Fairfield, CA, 12/15/11 – The 2012 Virtual Insurance Marketplace is the second offering from Direct Connection Advertising & Marketing, LLC, an agency specializing in insurance marketing services. The 2012 VIM...
Four New Hampshire Agencies Form Regional Alliance
Dec 13 2011 // Four insurance agencies in New Hampshire announced the formation of a new partnership called Northern United Agents Alliance (NUAA). The agencies said the move will help combine their resources to meet the needs of a...
Chubb Creates Online System for Private Companies and Nonprofits
Dec 13 2011 // The Chubb Group of Insurance Companies has developed an online system to make it easier for producers to procure professional liability and management liability insurance for private companies and nonprofit...
SEC Sues Brokerage Insurance Fund Over Stanford Victims’ Claims
Dec 13 2011 // Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds. The U.S. Securities...
Church Mutual Offers New Opportunities for Senior Living Brokers
Dec 13 2011 // The broker/specialty markets division at Church Mutual Insurance Co. has expanded opportunities for brokers and agents with experience in the senior living market. Specifically, the insurer is looking to add producers in...
Iowa Agent Pays $835K to End Crop Insurance Case
Dec 12 2011 // After five years of litigation, an Iowa insurance agent will pay $835,000 to settle allegations that he filed false federal crop insurance claims. The Justice Department announced the settlement with Russell Hawley of...
Perpetuation: It Isn’t Just a Money Thing
Dec 12 2011 // When agency owners think of perpetuation planning, they often think only of the financial aspect: Selling their agencies. In some circles, among some advisors, perpetuation planning is really another term for acquisitions....
Willis Group Acquires Italian Broker
Dec 12 2011 // Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela...
Online Portal Aims to Connect Independent Agents with Consumers
Dec 11 2011 // Beginning early next year, independent insurance agents will be able to tap into an online resource designed to connect them with the more than 65 percent of market share in personal lines they are currently missing. The...
Arthur J. Gallagher Acquires Transwestern in Utah
Dec 8 2011 // Transwestern General Agency Inc. in Salt Lake City, Utah has been acquired by Arthur J. Gallagher & Co. Terms of the transaction were not disclosed. Founded in 1945, Transwestern is a managing general agent and...
Professional Program Insurance Brokerage Launches Yoga Product
Dec 8 2011 // Professional Program Insurance Brokerage (PPIB) has set up a national program for yoga-related businesses. The product covers yoga practices, teachers and practicing students. A variety of coverages are available through...
