Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Lemons Into Lemonade:
Feb 7 2011 // Making the Best of the Medical Loss Ratio Squeeze January 1, 2011 marked the beginning of a significant transformation for the nation’s insurance brokers Ð one that, frankly, didn’t inspire celebration....
The Mood On Main Street
Feb 7 2011 // Has the recession changed how small business feels about insurance? The recession has taken its toll on contractors, restaurants, retailers, small manufacturers and other Main Street business around the country and most of...
Main Street’s Hardest Hit Businesses
Feb 7 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit. In terms of lines...
Reasons to Look Beyond Price in 2011
Feb 7 2011 // Just weeks into the New Year, the experts’ predictions appear to be “more of the same” for at least the first half of 2011: super soft pricing combined with increased availability of limits and coverage....
Breckenridge Acquires Interest in Reinsurance Broker REcentis
Feb 4 2011 // Breckenridge IS Inc. has acquired a majority interest in REcentis Intermediaries LLC, a specialty reinsurance broker with offices in Westlake Village, Calif. and Sydney, Australia. REcentis has expertise in energy,...
Distinguished Programs Acquires Dallas’ GreenLine Underwriters
Feb 4 2011 // Distinguished Programs Group LLC (Distinguished), headquartered in New York, has acquired a controlling interest in GreenLine Underwriters (GreenLine), a Dallas-based program administrator focused on delivering insurance...
Louisiana Insurance Agent Arrested for Unfair Trade Practices
Feb 1 2011 // Troopers with the Lafayette Field Office of the Louisiana State Police Insurance Fraud Unit recently arrested a Ville Platte insurance agent for unfair trade practices. In October 2010, troopers received a criminal...
New York Agents Praise Regulators New Opinion on Bounced Check Fees
Feb 1 2011 // New York insurance agents are lauding a new legal opinion from state regulators that will allow producers to recover any money lost when clients bounce checks. The Independent Insurance Agent and Brokers of New York...
Applied Systems Adds Data Protection, Email Verification Service
Feb 1 2011 // Insurance agents and brokers can now legally prove who e-mailed what to whom and when. Applied Systems TAMOnline and VisionOnline agency management systems now include a service known as RPost Registered Email. RPost helps...
Texas Windstorm Insurance Assoc. to Begin Paying Commissions Monthly
Jan 28 2011 // The Texas Windstorm Insurance Association, the property insurer of last resort along the Texas Gulf Coast, reports that in the second quarter of 2011 it will begin paying agents’ commissions monthly. TWIA will...
IBA West Installs New Officers, Directors
Jan 28 2011 // Insurance Brokers and Agents of the West (IBA West) has installed new officers and directors. Tim Minaka Jr., senior vice president of FIA Insurance Services in Pasadena, Calif., was installed as president. Other officers...
New K-12 Accident Medical Program Offers Options for Public Schools and Students
Jan 28 2011 // Fort Wayne, Ind. – January 28 2011 – K&K Insurance, a division of Aon Underwriting Managers and a managing general underwriter offering insurance products and services to the sports, leisure and...
UK’s Managing General Agents Take Further Steps to Create Association
Jan 27 2011 // The next step in the launch of the UK’s Managing General Agents’ Association (MGAA) was successfully achieved this week, following the final meeting in a round of consultative discussions with key stakeholders,...
Boehner to Address Agents Before D.C. Lobbying Day
Jan 26 2011 // House Speaker John Boehner (R-Ohio) will give the keynote address to members of the Big “I” during the group’s annual D.C. conference later this year. Boehner is scheduled to speak on Thursday, April 14,...
UK’s Amlin Acquires J R Clare Underwriting Agencies
Jan 26 2011 // UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John...
Asterisk Financial, Burns & Wilcox Introduce Personal Guarantee Insurance
Jan 25 2011 // Burns & Wilcox has been selected by Asterisk Financial Inc., the creator of Personal Guarantee Insurance (PGI), to be its wholesale partner to offer PGI directly to brokers and agents. Today, most small and...
MHBT Names New Partners
Jan 25 2011 // Dallas-based MHBT, one of the largest privately owned insurance and risk management firms in the United States, recently announced that Ryan Bowles, Dan King, Jim Moss and Travis Sartain have been named partners in the...
Sidelining Agents
Jan 24 2011 // In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging...
Sidelining Agents
Jan 24 2011 // In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging...
Massachusetts Agent Pleads Guilty to Stealing $43K in Premiums
Jan 24 2011 // A Massachusetts insurance agent has pleaded guilty to pocketing $43,000 in premiums. Richard Coscia Jr., of Winthrop, an employee of Coscia Insurance Agency, pleaded guilty to over two dozen charges, including insurance...
