Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Builder Agent Network Offers Package Policy for Texas Home Builders
Jul 22 2010 // The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders. BAN is a managing general agent for several insurance companies...
President Signs Historic Financial Reform Legislation
Jul 21 2010 // President Barack Obama on Wednesday signed a sweeping overhaul of the financial regulatory system. The “Dodd-Frank Wall Street Reform and Consumer Protection Act,” drafted in response to the recent financial...
Aon Will Begin Accepting Contingent Commissions Again
Jul 21 2010 // Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal...
New Specialty Insurance and Weather Brokerage Launched in Minnesota
Jul 20 2010 // Milltown Insurance Group, a new specialty insurance and weather brokerage in Lakeville, Minn., recently was opened for business by Dana D’Arrigo. The firm specializes in niche property and casualty program business...
Despite Soft Market, Texas Agencies Manage to Grow
Jul 20 2010 // They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business,...
Liberty Mutual Creates New Distribution, Service Unit
Jul 19 2010 // Liberty Mutual Group reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized business clients....
Risk Managers Not Satisfied With U.S. Insurance Providers’ Service
Jul 19 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers: At a time when U.S. companies are enhancing internal risk management capabilities and elevating...
4 ‘Ace’ Agencies, 4 Success Stories
Jul 19 2010 // Despite Soft Market, Firms Have Managed to Grow They’re all different – one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of...
Marketing Knowledge Equals Sales Power
Jul 19 2010 // The interactive revolution has brought incredible advances, not least is the ability to track the effectiveness of e-mail marketing. No longer does the partnership of “hope and prayer” play a role in evaluation...
Country Sees Growing Power of Hispanic Agents and Customers
Jul 19 2010 // Latin Agents Group Launches in New York The growth of the country’s Hispanic population is a hot topic among demographers and marketers – including insurance producers and brokers. As of 2008, the last year for...
As the Wholesale World Turns
Jul 19 2010 // E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from...
Washington Agents Advised to Update Contact Info
Jul 19 2010 // Washington agents and brokers are being advised to update their licensing business address with the Office of the Insurance Commissioner. In October, the OIC will launch a new search feature on its Web site to help...
Webinar to Help P/C Agents Benefit from Health Insurance Boom Under Reform Law
Jul 19 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...
Swett & Crawford Goes Global With Cooper Gay
Jul 19 2010 // Swett & Crawford, one of the nation’s largest and oldest wholesale insurance brokerage firms, and London-based independent wholesale, reinsurance and specialist broker Cooper Gay, completed negotiations to form a...
Lance Surety Bond Associates Bridges the Surety Gap for Insurance Agencies
Jul 19 2010 // July 19, 2010 – Lance Surety Bond Associates Inc., a Doylestown, PA-based surety bond agency able to write bonds in all 50 states, announced that they have launched a campaign to become the surety bond source for...
R-T Specialty Acquires Chartwell Independent Insurance Brokers
Jul 19 2010 // R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC based in Chicago, has acquired Los Angeles-based Chartwell Independent Insurance Brokers LLC. Chartwell, founded in September 2004 by Ben Beazley,...
How to Make Agent-Wholesale Relationships Work
Jul 16 2010 // It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a...
Agents Applaud House Passage of Flood Insurance Program Extension
Jul 16 2010 // The U.S. House of Representatives has a measure extending the federal flood insurance program for five years. The bill, H.R. 5114, the “Flood Insurance Reform Priorities Act of 2010,” sponsored by Rep. Maxine...
Crop Insurers Reluctantly Agree to $600 Million a Year Subsidy Cut
Jul 15 2010 // All 16 private insurance companies that participate in a federal crop insurance program have signed off on the new federal reinsurance agreement that cuts the subsidies they get by $600 million a year for the next 10...
Marsh Launches New Global Rail Practice
Jul 15 2010 // Insurance broker Marsh has appointed three industry veterans to its new Global Rail practice. Jim Beardsley joins the unit as Global Leader. Joining him are Jim Wolfarth as senior vice president, Casualty, and John Raymond...
