Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Renaissance Alliance Adds Three Agencies
Sep 16 2010 // Insurance network Renaissance Alliance Insurance Services said three New England agencies have joined its ranks. The new agencies are New Haven, Connecticut-based Abbate Insurance Associates Inc., Norwood,...
North Carolina Agent Arrested for Embezzlement
Sep 16 2010 // Timothy Michael Moore, 40, of Fayetteville, N.C., has been arrested on four counts of embezzlement by an insurance agent, state Insurance Commissioner Wayne Goodwin announced today. North Carolina Department of Insurance...
North Carolina Association Names Young Agent of the Year
Sep 16 2010 // The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) announced the association’s Young Agent of the Year, Broker of the Year and Company of the Year Awards for 2010. These awards...
Differentiate to Win
Sep 15 2010 // Have you ever watched the movie “Speed” with Keanu Reeves, Dennis Hopper, and Sandra Bullock? Dennis Hopper plays a bitter and unstable bomb squad officer who gets hurt on the job and is forced to retire. He...
Minnesota’s Allianz Has New VP of Life Insurance Sales
Sep 14 2010 // Allianz Life Insurance Company of North America, Minneapolis has named Jason Wellmann as the new senior vice president of Life Insurance Sales. In this role, Wellmann will be responsible for leading Allianz life insurance...
Towers Watson: New Risks, Regulations Reshape Reinsurance Industry
Sep 13 2010 // The growing complexity of reinsurance markets in recent years has increased demands on reinsurance buyers and radically transformed the industry, says Towers Watson. Changes such as complex market data, Solvency II...
Agency Valuations: A Victim of the Credit Bubble?
Sep 13 2010 // In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key was getting people to trust the...
Ohio Insurance Director Accepts Surrender of Agent’s License
Sep 13 2010 // Ohio Department of Insurance Director Mary Jo Hudson has accepted the surrender of the resident insurance agent license of John Elder of Lancaster, Ohio, for alleged violations of Ohio insurance law. The department said an...
Departure of Insurer from Florida Points Up Fraud Problem
Sep 9 2010 // With a letter sent out a few weeks ago, Explorer Insurance announced that it will no longer write private automobile policies in Florida because there is too much fraud. “The company is taking this action in light of...
New York Excess Lines Brokers Advised to Renew Licenses Soon
Sep 9 2010 // New York excess line brokers must soon renew their business entity licenses if they want to avoid possible licensing delays later this year, the Excess Line Association of New York (ELANY) said. All business entity...
Two Massachusetts Agents Appointed to CAR Governing Committee
Sep 9 2010 // Commonwealth Automobile Reinsurers, which oversees Massachusetts’ residual market for auto insurance, has appointed two members to its governing committee. The new committee members are Joseph P. Leahy Jr., a...
Outsourcing – Small Agencies in Small Towns
Sep 8 2010 // This week’s post continues to discuss solutions for managing the work in small agencies in small towns. A number of the solutions that I have been and will be discussing work for small agencies anywhere and some of...
AmWINS/Colemont Acquires So. Korea’s CMK Insurance Brokers
Sep 8 2010 // Colemont Global Group, the international division of wholesale insurance broker AmWINS Group, Inc., has acquired a majority share of CMK Insurance Brokers Company Limited. CMK Insurance Brokers will operate under the trade...
Hub Acquires Ontario Insurance Broker Sinclair Cockburn
Sep 8 2010 // Chicago-based insurance broker Hub International Limited has acquired the shares of Sinclair Cockburn Financial Group (SCFG), a Toronto, Ontario-based insurance and financial services firm with approximately $11 million in...
Brokers Insurance Group Names McAdara Director
Sep 7 2010 // Brokers Insurance Group (BIG) has named Justin McAdara a director. McAdara has a diverse background, including realtor, insurance marketing representative and professional musician. He was a top producing real estate agent...
Ryan Group Denies Any Wrongdoing by Former AmWINS Employee
Sep 7 2010 // North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new...
Brokers Marsh, Cooper Gay, RK Harrison to Test iPads at Lloyd’s
Sep 7 2010 // Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s...
Mississippi Agent to Pay $66,500 Refund
Sep 7 2010 // Mississippi Insurance Commissioner Mike Chaney says his office has reached an agreement with an agent to refund $66,5000 in policy fees to poultry farmers. Chaney said in a news release Friday that the action was taken...
6 Ways Agents Fail Their Workers’ Comp Customers
Sep 6 2010 // Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you...
People
Sep 6 2010 // Aon Consulting has named Shelly Blackstone as vice president of business development in its Richmond, Virginia office. In her new role, Blackstone will develop new products and services clients in Central and Southern...
