Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Why Now Is a Good Time for Agency Network Growth
Nov 5 2010 // They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few...
North Dakota Agent Pleads Guilty to Insurance Fraud
Nov 5 2010 // An insurance agent has pleaded guilty to conning a Grand Forks real estate company into paying more than $64,000 for nonexistent home policies. Forty-four-year-old David Glessner of Grand Forks reached a plea agreement...
Massachusetts Revises Workers’ Comp Paperwork Snafu
Nov 5 2010 // Bowing to pressure from insurers and agent groups, Massachusetts safety regulators have eased new, workers’ comp paperwork requirements for some out-of-state contractors. At issue is a form used by inspectors to...
Big ‘I’ Insurance Agents Gave $1.7 Million to Shape New Congress
Nov 3 2010 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) said that its political action committee, InsurPac, distributed more than $1.7 million in the 2010 campaign cycle resulting in a...
Calif. State Fund: Getting Better Day by Day
Nov 3 2010 // In the ever controversial topic of workers’ compensation insurance in California, State Compensation Insurance Fund President and CEO Tom Rowe seemingly offers a bit of Zen. Rowe, who took the helm of the company in...
Liberty Mutual Introduces Monoline Equipment Breakdown Product
Nov 2 2010 // Liberty Mutual expands its equipment breakdown (EB) offering with the launch of PowerPro Select, an expansive monoline product for companies that prefer separate EB coverage. With the addition of PowerPro Select, Liberty...
What Agents Can Do
Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...
E&O for Agents – A Necessity Even if Mistakes Don’t Happen
Nov 1 2010 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...
Michigan Alleges $50 Million Fraud Involving 41 Agents
Nov 1 2010 // Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar...
Reducing E&O Exposures: What Agents Need to Know
Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...
People
Nov 1 2010 // Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and...
What Agents Can Do
Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...
Agency Saved From the Storm by Cloud Technology
Nov 1 2010 // In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice storm...
Fireman’s Fund Ready to Rally
Nov 1 2010 // Company Focused on Technology Upgrade, Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised in the first half of 2010. In particular, the Novato, Calif.-based...
What Agents Can Do
Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...
Network Matches At-Home Insurance Retirees with Employers
Nov 1 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept Because All Workers Are from U.S. As more and more experienced insurance employees discover their retirement income isn’t what they thought it would be,...
People
Nov 1 2010 // Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of...
Reducing E&O Exposures: What Agents Need to Know
Nov 1 2010 // Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly...
Where Georgia’s Insurance Commissioner Candidates Stand
Nov 1 2010 // Hudgens, Squires and Bruce on Credit Scoring, Tort Reform, Role of Independent Agents and State Regulation Georgia voters going to the polls on Nov. 2 will have a real choice when it comes to electing the state’s...
Reducing E&O Exposures: What Agents Need to Know
Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...
