Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurance Brokers Plead Not Guilty to New Jersey Fraud
Jul 15 2010 // Three insurance brokers from Maryland have pleaded not guilty to charges that they bilked the city of Perth Amboy, N.J., out of more than $216,000 by collecting payments for a nonexistent wellness program for city...
National Interstate Expands Commercial Auto to 4 More States; Seeks Agents
Jul 14 2010 // National Interstate Insurance Co. is now making its commercial vehicle insurance product available in Alabama, Georgia, Tennessee and Virginia. The Richfield, Ohio company said it is actively seeking to increase its...
Keystone Adds Hall & Clark, Ison as Kentucky Partner Agencies
Jul 14 2010 // Keystone Insurers Group has added two more franchisees to its expanding list of Kentucky partner agencies. Hall & Clark Insurance Agency in Prestonsburg and Ison Insurance Agency of West Liberty join KIG’s 17...
Virginia Start-Up Hilb Group Acquires North Carolina, New York Agencies
Jul 14 2010 // The Hilb Group, a Virginia insurance brokerage launched in 2009 by the founder of what became one of the world’s largest brokerages along with his son, has added its first two partners as it begins building a...
Survey: Risk Managers More Concerned About Total Cost of Risk
Jul 14 2010 // Corporate risk and finance managers, faced with the lingering effects of a global financial crisis, dramatically downsized staffs and reduced budgets are becoming increasingly concerned about managing those expenditures as...
Portland Agencies Rogers, Fitzwalter & Powell and Elliott, Powell, Baden & Baker Join Forces
Jul 9 2010 // Long-time Portland, Ore.-based independent insurance agencies Rogers, Fitzwalter & Powell Inc. has relocated to join forces with Elliott, Powell, Baden & Baker Inc. EPB&B President Marc Baker, announced that...
Insurance Skills Center Names Koch Managing Director
Jul 8 2010 // Insurance Brokers and Agents of the West’s (IBA West) education division, Insurance Skills Center (ISC), has entered into an agreement with Cheryl L. Koch, president and CEO of Agency Management Resource Group, for...
Brokers in London Market Survey ‘More Positive’ about Lloyd’s
Jul 8 2010 // “Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago,” according to a survey of the Lloyd’s market from part of the Gracechurch London Market Study...
Louisiana Agent Accused of Misappropriating Premium
Jul 8 2010 // A West Monroe, La., agent has been served by Department of Insurance Fraud Section Investigators with a cease and desist order, a summary suspension order and fine notice for alleged misappropriation and...
Latin Insurance Agent Groups Growing, Going Mainstream
Jul 7 2010 // A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. LABA is not the first group geared toward insurance...
How P&C Agents Can Benefit from Upcoming Health Insurance Boom
Jul 7 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...
10 New York Students Among 58 InVEST Scholarship Winners
Jul 7 2010 // InVEST, the insurance industry’s career education program, has awarded $56,500 in scholarships to 58 college-bound students pursuing insurance-related degrees, including 10 students from New York. Patrick Moore,...
Farmers Introduces Institutional Business Owners Policy Through Texas Agents
Jul 7 2010 // Farmers Group of Cos. has introduced an institutional business owners policy (iBOP) for institutions across America, which will be offered by Farmers agents in Texas. iBOP is designed to serve a spectrum of religious...
Washington Agents Advised to Update Listing on OIC Web Site
Jul 7 2010 // Washington agents and brokers are being advised to update the 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 consumers...
E&O Insights: “Let Me Think About It … “
Jul 6 2010 // When uttered together by a client, the five words in the headline of this article are — potentially — very dangerous words. Note the following claim and ask yourself, “Could this happen in my agency?” The...
Connecticut Warns Agents over Surplus Lines Placements
Jul 5 2010 // The Connecticut Insurance Department is warning producers against placing coastal homeowners in the surplus lines market if an admitted insurer has offered to renew their policies. Doing so violates Connecticut law, and in...
New Jersey to Cease Printing Agents’ and Adjusters’ Licenses
Jul 5 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department has issued a new bulletin advising agents and public adjusters in the...
The Great Unbundling
Jul 5 2010 // Rightly or wrongly, the six-year-old battle over the payment of contingent commissions is reshaping the way the insurance-selling industry gets paid. It’s a practice that, at least for the big brokers, is vanishing....
The Great Unbundling
Jul 5 2010 // Rightly or wrongly, the six-year-old battle over the payment of contingent commissions is reshaping the way the insurance-selling industry gets paid. It’s a practice that, at least for the big brokers, is vanishing....
People
Jul 5 2010 // The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly...
