Latest Agencies Headlines

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

People

Oct 4 2010 // Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, added agent Andy Webb to its sales team. Webb began his career in the insurance industry in March...

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Oct 4 2010 // Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa....

California Modifies Privacy Regulations, Makes Insurance Shopping Easier

Oct 4 2010 // In what’s being called “a major victory for insurance agents and brokers,” the California Department of Insurance has notified the California Office of Administrative Law of its intention to repeal...

People

Oct 4 2010 // Salt Lake City-based The Buckner Co. named Mark A. Oligschlaeger executive vice president/chief operations officer. He joins the insurance firm after having spent the past 12 years working for Leucadia National Corp.,...

Agents to Calif. State Fund: Please Pay Commissions

Oct 4 2010 // Insurance agents and brokers want the California State Compensation Insurance Fund to change its broker of service policy and instead recognize broker of record (BOR) letters. While the policy not to recognize BOR letters...

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Oct 4 2010 // Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low to moderate flood risk areas into higher risk areas, and vice versa....

For Award Winning CSR, Going ‘Above and Beyond’ is Part of the Job

Oct 4 2010 // What does it take to deliver outstanding customer service? Kimberly J. Muesse, a senior account manager with the Lockton Companies in Houston, should know. She’s won a string of awards during her 25-plus years in the...

Clock is Ticking on Surplus Lines Tax Reform

Oct 4 2010 // With Less Than a Year to Go, Can States Agree on Tax Sharing Plan? The insurance industry called the passage of the Wall Street Reform & Consumer Protection Act on July 21, 2010, a “big win” thanks to...

A Wonderful Life

Oct 4 2010 // McQueary Henry Bowles Troy Soars High With Faith, Texas Values and the Ultimate Angel Investor If a creative insurance cinematographer were to capture the story of McQueary Henry Bowles Troy LLP, it might appear to be a...

What’s In the NRRA?

Oct 4 2010 // Reporting, Payment, and Allocation of Premium Taxes: Only the home state of insured may require premium tax payment. States may enter into a compact or other procedures to allocate among the states taxes paid to home...

Specialty Products Manufacturing: Multiple Opportunities for Injury

Oct 4 2010 // How Agents Can Help Clients Be Better Prepared and Mitigate Damages In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council....

6 Characteristics of the Best Agencies Today

Oct 4 2010 // Sales Focus, Employee Appreciation, Compensation and Planning All Key Element The best way to get to the top fast is to do the same things that those who are already there are doing. Essentially, management should practice...

Surplus Lines Premiums Down in 2009; But Brokers Say Market is Stabilizing

Oct 4 2010 // The surplus lines industry continues to experience a decline in direct premiums written (DPW). For a third consecutive year in 2009, the surplus lines industry’s DPW fell 4.1 percent, an improvement over 2008 where...

16 Brokers to Use New Single-Entry Commercial Lines Insurance Exchange

Oct 4 2010 // Sixteen insurance brokerage firms have agreed to be the first to use a new Internet-based single entry submission system to transact commercial lines business with carriers, a system that will be made available to all...

Syndicates – The Heart of the Market

Oct 4 2010 // Catlin, and Other Lloyd’s Syndicates As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their...

EU Finance Ministers Seek to End Bank-tax Dispute; Grill Rating Agencies

Oct 1 2010 // European Union finance ministers met on Friday in a fresh attempt to agree a common approach on taxing banks as well as to grill credit rating agencies about how they arrive at their ratings. Three years since the onset of...

Enrollment for Farmer’s Professional Liability Coverage to Begin

Oct 1 2010 // Enrollment for the United Farmers Agents Association’s Errors and Omissions Plan for all qualified agents will begin 10/1/2010 for the coverage period beginning 1/1/2011. Premium will be collected in January when the...

Kansas Commissioner Revokes Licenses of 3 Pittsburg Agents

Oct 1 2010 // Kansas Commissioner of Insurance Sandy Praeger recently revoked the licenses of three Crawford County insurance agents and warned area citizens who may have been customers of the agents to check with their insurance...

Indiana Agent to Lead National Association Leadership Team

Oct 1 2010 // J. Michael “Mike” Miley of Gibson Insurance Group was installed as the chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the conclusion of the Big...

NRG in Seattle Named Trusted Choice Agency of the Month

Oct 1 2010 // The NRG Seattle Agency, headquartered in Seattle, Wash., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The NRG...