Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Western Insurance Agents Roundtable Discussion Highlights
Jan 5 2012 // Rancho Cordova, Calif.-based WIAA Education & Research Foundation, a nonprofit corporation focused on advancing knowledge of insurance industry professionals, hosted a recent roundtable discussion on the industry and...
Western Insurance Agents Roundtable: In Uncertain Economy, Change Is Certain
Jan 5 2012 // The economy, the promised-land of a hard insurance market and the need to master technologies dominated discussion at the first annual Insurance Industry Roundtable in Irvine, Calif. The daylong event was attended by 23...
Marsh Completes Acquisition of Alexander Forbes’ Brokerage Business
Jan 5 2012 // Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the...
N.Y.-based Sterling & Sterling Appoints Insurance Brokerage President
Jan 4 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed industry veteran Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee...
Arthur J. Gallagher Acquires Capital Bauer Insurance in Albany, N.Y.
Jan 4 2012 // Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital...
Insurance Industry Charitable Foundation Harnesses New Technology to Reach Independent Agents
Jan 4 2012 // Walnut Creek, CA, 12/08/11 – The Insurance Industry Charitable Foundation (IICF) will make use of the new technologies available through the Virtual Insurance Marketplace to bring the organization’s...
How Mississippi Insurance Agent Came to Own Prized LSU Pigskin
Jan 3 2012 // Larry Benefield didn’t attend Louisiana State University. He has been to only one football game there in his life, a matchup against Kentucky in the 1980s or 1990s. But the Gulfport, Mississippi resident owns one of...
‘Flood House’ Gives Close-Up of Water Damage
Jan 3 2012 // Diane Hopp says she doesn’t have a green thumb, so if her neighbors were around, they might be surprised to see her spraying a garden hose — particularly in December inside the living room of a newly renovated...
JLT Subsidiary Acquires Irish Broker FBD Insurance
Dec 30 2011 // JLT Insurance Brokers (Ireland) Ltd, a wholly owned subsidiary of the Jardine Lloyd Thompson Group plc, has acquired FBD Insurance Brokers Ltd, which is based in Ireland, from FBD Holdings plc. The bulletin also noted that...
How One Independent Agent Tried to Off the GEICO Gecko
Dec 29 2011 // Editor’s Note: This article is from Insurance Journal’s annual Satire Issue, originally published on Aug. 15, 2011. The article is fictional and is meant to be humorous. Enjoy! Obsession is more than some...
Allstate Revises Agent Compensation Plan
Dec 27 2011 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The Illinois-based insurer confirmed that it would cut its base commission...
Privacy Claims Against Iowa Insurance Agent Over Hidden Cameras Proceed
Dec 27 2011 // A video camera hidden in a workplace bathroom doesn’t have to produce any images for someone to believe their privacy was violated, the Iowa Supreme Court ruled last Friday. The court’s decision allows two...
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...
