Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Midwest Agents Say FEMA Creating Flood Insurance Confusion

Jul 12 2011 // Insurance agents in states along the swollen Missouri River basin say federal officials are causing widespread confusion among property owners by pushing the sale of flood insurance policies that might not cover damage...

Texas Independent Agents Name Tower ACSR of the Year

Jul 12 2011 // Carol Tower of the Malakoff Insurance Agency was named the ACSR of the Year. Tower, an ACSR specializing in personal lines, has been licensed for 19 years and has served as the president of the Federation of Insurance...

Frierson Named Young Agent of the Year by Texas Independent Agents

Jul 11 2011 // Matt Frierson, a partner at Pierson and Fendley Insurance Agency in Paris, Texas, was named the André P. Juneau Young Agent of the Year by the Independent Insurance Agents of Texas. Frierson has served on both the young...

West Honored with Political Action Award by Texas Agents Group

Jul 8 2011 // Scott West, owner of Pathfinder Insurance Agency in Houston, was honored as the Paige Eiland Political Action Award winner by the Independent Insurance Agents of Texas. West has chaired his local association’s...

Certificates of Insurance, Staff Leasing Bills Signed by Texas Governor

Jul 7 2011 // Texas Gov. Rick Perry in mid-June signed a measure backed by agents groups that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of insurance coverage. The...

EU Slams Rating Agencies after Portugal Downgrade

Jul 7 2011 // European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody’s downgrade of Portugal’s debt to “junk” cast new doubt on EU efforts to rescue distressed euro...

Texas Independent Agents Honor Brady with Top Award

Jul 7 2011 // Tim Brady, chairman and former CEO of Brady, Chapman, Holland and Associates in Houston, was named the 2011 Drex Foreman Award winner at the Independent Insurance Agents of Texas’ 114th Annual Conference & Trade...

New Jersey Agent Pleads Guilty to Stealing $1.9M

Jul 7 2011 // A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of...

Arizona Insurance Agent Finds His Fun, and Second Business, in Guns

Jul 6 2011 // Some insurance agents pick up a golf club or tennis racket when they want to have fun and work off a little stress. Aaron Merchant of Ahwatukee, Arizona grabs his handgun. Merchant, a Farmers Insurance agent, says he only...

Aquino Returns to Swett & Crawford as Broker

Jul 6 2011 // Robert Aquino has rejoined Swett & Crawford as a broker in Fresno, Calif. after a long hiatus. He will report to Curt Biersch, Swett & Crawford executive vice president and West Coast Division leader. Aquino, an...

Shepard Installed as President of Independent Insurance Agents of Texas

Jul 6 2011 // Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as IIAT president for 2011-2012 during the association’s annual business meeting in Houston on June 24. Patrick Watkins,...

Aon’s International Space Brokers Opens Hong Kong Operation

Jul 5 2011 // Aon Risk Solutions, the global risk management and insurance brokerage business of Aon Corp., announced the Hong Kong opening of its space insurance practice, International Space Brokers (ISB). The bulletin said Craig...

Lloyd’s Names Patterson as New Controller of Agencies; Lawrence as Deputy

Jul 5 2011 // Lloyd’s announced that Mark Patterson has joined Lloyd’s as the new Controller of Agencies and David Lawrence has been promoted to Deputy Controller. Patterson joins Lloyd’s from a marine insurance career...

U.S. Risk Insurance Group Names Zechlin Senior Broker

Jul 5 2011 // U.S. Risk Insurance Group Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Margaret Zechlin as senior broker in San Francisco. She will work on all...

The Game Changer: What the LexisNexis Insurance Exchange Means for the Industry, Technology Partners

Jul 4 2011 // Technology providers to the insurance industry have good things to say about a new system that allows property/casualty agents, brokers and carriers to collaborate on commercial lines accounts. The new system, the...

People

Jul 4 2011 // Anthony A. Ambrose has been promoted to vice president and senior broker at New York-based wholesale broker Russell Bond. Ambrose joined Russell Bond in 1994 and is currently responsible for financial institutions, medical...

Certificates of Insurance Legislation Signed by Texas Governor

Jul 4 2011 // Texas Gov. Rick Perryhas signed into law a measure backed by agents that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of insurance...

New York City Fixes Contractor Insurance Rule

Jul 4 2011 // Insurance agents welcomed a decision that will make it easier for contractors to meet New York City’s insurance requirements. The New York City Department of Buildings has promised to modify its general liability...

Surplus Lines Sea Change: Calif.’s AB 315

Jul 4 2011 // California is expected to pass surplus lines regulations before July 21, 2011. On that date, the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) becomes effective, and only the “insured’s home...

Calif. Homeowners Underinsurance Face Challenges

Jul 4 2011 // A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance took effect on June 27. Meanwhile, two insurance trade...