Latest Agencies Headlines

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

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...

People

Nov 1 2010 // Todd Kilkenny joined the Independent Insurance Agents of Texas (IIAT) as director of agency management resources. He will be responsible for developing, implementing and managing strategic agency management initiatives 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...

Be a Crocodile

Nov 1 2010 // Keeping up with technology can be mind-boggling, even if you’re not the type of person who calls for tech support every time your computer crashes. After all, the past decade has given birth to the iPod, then the...

Calif. State Fund: Getting Better Day by Day

Nov 1 2010 // Agents, Brokers Will Have Even Bigger Part in State Fund’s Distribution Strategy In the ever controversial topic of workers’ compensation insurance in California, State Compensation Insurance Fund President and...

10 Ways to Make Insurance Agencies More Successful… Now

Nov 1 2010 // Insurance Agency Marketing Requires Careful Planning and Constant Implementation A revolution is underway that is having dramatic effects on insurance agencies, and the entire world. In the simplest terms, no one wants to...

What Agents Can Do

Nov 1 2010 // There are 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...

People

Nov 1 2010 // Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with...

Fireman’s Fund Ready to Rally

Nov 1 2010 // Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But...

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...

How an E&O Claim Could Affect Agency Employee’s Career

Nov 1 2010 // Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to...

Strength and Power

Nov 1 2010 // San Francisco’s ISU Group Brings Together Creative Minds to Adapt, Survive and Succeed in Today’s Market In this age of Great Global Recession, collapsing corporations and profligate governments alike have...

Lexington Enters New Insurance Territory With Carbon Registry Product

Nov 1 2010 // As many businesses work to reduce their carbon footprints and go green, insurers are rushing to keep up with the world of alternative energy, climate change, green technology and green building by developing new products...

How to Conduct Annual Policy Reviews

Nov 1 2010 // Insurance Journal Webinar Instructor Balbresky Offers Tips on Effective Reviews When trying to get clients back in door for policy reviews, agents need to understand what drives that client. “People are not going to...

The Time is Not Right to Drop Real Estate Professionals E&O

Nov 1 2010 // The Tough Market May Mean E&O Liability Problems Ahead The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market...

London Broker Oxygen Strengthens Construction Specialty Team

Oct 29 2010 // London-based Oxygen Insurance Brokers announced that it has “further strengthened its broking and risk management services to architects, engineers and surveyors with the appointment of two new senior brokers, part...

UK Insurance Broker Jailed over Costa Rican Corruption

Oct 28 2010 // A London-based insurance broker has been jailed after admitting making or authorizing corrupt payments worth almost $2 million to officials in the Costa Rican state insurance company and national electricity and...

Global Regulators Call for Curbs on Credit Rating Agencies

Oct 28 2010 // Global regulators called on national authorities on Wednesday to curb the role of credit rating agencies in the financial system, challenging the value of an industry widely criticized in recent years. The Financial...

How Insurance Agents Help Keep the Scare In Halloween Events

Oct 28 2010 // Halloween is scary fun for kids—and for some insurance agents, too. These insurance professionals make sure their clients who manage haunted houses, corn mazes, pumpkin patches and other Halloween attractions are...

Oak Street Funding Sold to Private Equity Group Angelo, Gordon & Co.

Oct 28 2010 // Indianapolis-based Oak Street Funding, one of the largest insurance lending firms for the insurance industry and insurance agencies, has been acquired by private equity firms managed by the firm Angelo, Gordon & Co....