Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Apr 5 2010 // New Jersey-based Synergy Professional Associates has hired Thomas Dattoli as manager of its professional liability unit. Dattoli will be responsible for underwriting professional and excess liability for lawyers, and...
Whatcha Talkin’ About?
Apr 5 2010 // Some people — Diff’rent Strokes’ Willis, perhaps (at least by Arnold Jackson’s standards) — have the gift of gab. And if you’ve been listening to the news in California, you know insurance...
Declarations
Apr 5 2010 // ‘In Pain All the Time’ “I’d gladly give up all the money just to have my whole life back together.” —James Klotz, whose jury award in a medical malpractice lawsuit was upheld by the Missouri...
The Hartford Executive Andrade Explains Restructuring Impact on Agents
Apr 5 2010 // The Hartford Financial Services Group has unveiled a new “customer-centric” growth strategy that it says will help unlock the value of its books of business in property/casualty as well as life insurance. The...
MarketScout’s New Wholesaler Aims to Be ‘Full Service Partner’ to Agents
Apr 5 2010 // Online marketplace MarketScout and Glenn Hargrove, former CEO of Crump, Inc., have teamed up to launch MarketScout Wholesale (MSW), which will combine wholesale brokerage and managing general agency (MGA) services with new...
10 Technologies with Biggest Impact on P/C Insurance Companies
Apr 5 2010 // A Stamford, Conn.-based research and consulting firm has identified 10 technologies that will have the greatest impact for the property/casualty (P/C) insurance industry. Gartner Inc. said these technologies will challenge...
Nebraska Insurance Agencies Merge as a Result of Bank Acquisition
Apr 5 2010 // Nebraska-based Harvard State Insurance Agency will merge into Cornerstone Insurance Group as a result of Cornerstone Bank’s acquisition of Harvard State Bank. Cornerstone president and chief executive Kelly Holthus...
Court-Side Lessons: Insurance Agency Management Tips Before Tip Off
Apr 5 2010 // Insurance agents might want to take notes during tonight’s NCAA championship game between Butler and Duke. While NCAA men’s basketball tournament referee and insurance agent Gary Maxwell won’t tell you...
Declarations
Apr 5 2010 // Flood Hiatus “That’s scary.” —John Prible, vice president of federal government affairs for the Independent Insurance Agents and Brokers (the Big “I”), commenting on the prospect of Congress...
Marsh Refuses to Accept Contingent Commissions
Apr 5 2010 // Insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business units...
Hospitality Risks: A Game for Captives
Apr 5 2010 // Why a Captive Solution Might Grow Your Hospitality Book, and Revenue Too Hospitality owners have concerns with retaining risk that they cannot transfer to the insurance market and owners are looking for legitimate ways to...
How P/C Agents Can Increase Sales through Employee Benefits
Apr 5 2010 // Broaden Your Agency’s Reach Through Education and Marketing In today’s still challenging economic environment, employees are increasingly looking at employee benefits as a way to strengthen their personal...
The Life of a Health Insurance Broker – Post Health Reform
Apr 5 2010 // The last couple of years have been challenging for the national economy – the housing market decline, bank bailouts, tightening credit markets, and a volatile stock market have strained many businesses across varying...
D&O Coverage as a Partner in Crime (and Fidelity)
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...
Willis Network Adds 6 New Members
Apr 2 2010 // Willis Group Holdings announced that six new members have joined its Willis Networks – partnerships with local, independent insurance brokers in the UK – which now totals 106. Willis Networks is made up of the...
Soft Market, Weak Economy Will Challenge Insurers, Brokers in 2010
Apr 2 2010 // The recession may be over, but recovery is not happening quickly enough for insurers and brokers. From unemployment rates hovering at about 10 percent to still rising business bankruptcies, the lingering effects of the...
Texas Agency Awarded Trusted Choice Agency of the Month
Apr 1 2010 // The Hare & Rathke Insurance Group, in Humble, Texas, has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The Hare &...
Victor O. Schinnerer Acquires HSBC Insurance’s Energy Brokerage
Apr 1 2010 // Victor O. Schinnerer & Company, Inc. has acquired HSBC Insurance Services (USA) Inc., the energy insurance brokerage of HSBC Insurance. Effective April 1, 2010, the acquisition adds energy companies, utility companies...
Marsh Completes Acquisition of HSBC Insurance Brokers
Apr 1 2010 // Marsh announced that it has completed its previously agreed acquisition of HSBC Insurance Brokers Limited (HIBL), a wholly owned subsidiary of HSBC Bank plc, in the UK and other key markets in Asia and the Middle East. The...
Louisiana Agent Arrested; Faces 48 Counts, $10K in Fines
Apr 1 2010 // A Lafayette, La., insurance agent has been arrested, and served with a cease and desist order, license revocation and fine notice for alleged misappropriation, misrepresentation and forgery, the Louisiana Department of...
