Latest Agencies Headlines

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

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...

Why Agencies Should Use Management Systems to Drive Value, Increase Profits

Jul 4 2011 // More than 25 years ago, not long after I started out in my dad’s agency, I found my way to my first agency automation user group meeting. I went because, fresh out of college, my dad agreed that I probably knew more...

Commercial Auto Claims on the Rise – Will Rates Come Next?

Jul 4 2011 // An increase in claims from cargo theft and freight physical damage is expected to lead to higher insurance rates in the commercial auto class, a welcome development for some insurers after years of prices going...

Web Exchange

Jul 4 2011 // IJ Video Highlights Consolidation Nation Later this year the New York State Department of Insurance will complete its merger with the state’s banking department to become the New York State Department of Financial...

Are You a Sales Builder or a Business Builder?

Jul 4 2011 // Are you a great producer running an agency on the side or are you an executive running an agency where one responsibility is making sales? There has always been too much truth to the old adage that doctors are the worst...

From Accidental Agent to Insurance Goddess

Jul 4 2011 // Like many insurance agents, Carrie Reynolds never meant to be one. But 15 years after she became, in her own words, an “accidental agent,” Reynolds is now a principal in Alan Galvez Insurance, an agency started...

Lloyd’s Sees Opportunities in Emerging Markets

Jul 1 2011 // As levels of international trade and the importance of emerging economies increase, Lloyd’s has been very active in its efforts to open up access to overseas markets. However, in an article on its web site it called...

Insurance Agents Cheer State Commissioners’ Vote on Medical Loss Ratio

Jul 1 2011 // In a move being applauded by insurance agents, a task force of state insurance regulators has recommended that states support legislation to protect agent and broker commissions from the expense cap imposed on health...

From Accidental Agent to Insurance Goddess

Jun 29 2011 // Like many insurance agents, Carrie Reynolds never meant to be one. But 15 years after she became, in her own words, an “accidental agent,” Reynolds is now a principal in Alan Galvez Insurance, an agency started...