Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Big ‘I’ Markets Introduces Fine Arts, Valuables Product
Jul 28 2010 // The Independent Insurance Agents & Brokers of America Big “I” Markets program can now offer access to a new stand-alone fine arts and valuable articles policies. The new program offers tailored products and...
Kansas Suspends Insurance Agent’s License Amid Federal Probe
Jul 26 2010 // Kansas regulators have suspended the license of a Wichita insurance agent in a rare emergency order spurred by a federal investigation over alleged fraud linked to the trust of an elderly woman. The action was taken...
Texas Insurance Agencies Enjoy Growth Through ‘Niche Power’
Jul 26 2010 // Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic...
Best Comments on Impact of Dodd-Frank Act on Rating Agencies
Jul 23 2010 // The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act has specific provisions applicable to rating agencies. A comment on the Act’s potential impact from A.M. Best notes that the...
Second Indictment Charges Maryland Broker with $2.5M Theft
Jul 23 2010 // A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general...
Worldwide Facilities Names Saflor VP, Casualty Broker
Jul 23 2010 // Worldwide Facilitieshas named Carlota Saflor a vice president and casualty broker in its San Francisco office. Saflor was formerly with Crump in San Francisco for almost 14 years, and ACE Westchester for 10 years.
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...
