Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

People

Nov 1 2009 // Eagan Insurance Agency, based in Metairie, La., has added six insurance professionals to its staff. Joining the family business are Andrew Eagan and David Strassel, both members of the fifth generation of the Eagan family...

People

Nov 1 2009 // David Daniel was inaugurated as the chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the recent Big “I” Leadership Conference in New Orleans, La. He will lead...

It’s Time to Review Essential Procedures for Managing E&O

Nov 1 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...

Oregon Charges Agent Who Dumped Insurance Customer Records in Trash

Nov 1 2009 // The Oregon Department of Consumer and Business Services has issued a cease-and-desist order against insurance agent Robert Warren Spruill for violating the Oregon Consumer Identity Theft Protection Act and the Oregon...

Agents’ E&O Marked By Stability, Satisfaction

Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...

Plug the Agents’ E&O Gap: Protection from Carrier Insolvency

Nov 1 2009 // Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents’ errors and omissions insurance (E&O) have developed a variety of responses to the...

Towers Perrin Names Levene Retail Insurance Brokerage Leader

Oct 30 2009 // Global professional services firm Towers Perrin has named Steve Levene practice leader for its retail insurance brokerage business. Levene’s responsibilities will include strategic risk management programs for...

Aon’s Q3 Net up Slightly at $120 Million; Other Results Mixed

Oct 30 2009 // Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to $117 million or $0.40 per...

Alaska Agent Re-Elected to Independent Agents Group

Oct 29 2009 // M.J. Hall and Company of Alaska Inc.’s Suzy Baird has been re-elected as Associate Director of the Alaska Independent Insurance Agents & Brokers Inc.. Baird was also awarded the AAMGA award for outstanding...

How Software-As-Service Helps Agents Do More With Less

Oct 28 2009 // Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing expenses? For many agencies, technology solutions are critical. If the focus in the first half of the...

House Panel Advances Bill on Credit Rating Agency Liability

Oct 28 2009 // Credit rating agencies would be more tightly regulated and more exposed to lawsuits under legislation approved Wednesday by the U.S. House Financial Services Committee. In another procedural step forward for the Obama...

Gallagher Buys Hawaii Agency

Oct 27 2009 // Arthur J. Gallagher & Co. has acquired Triad Insurance Agency, Inc., in Honolulu, Hawaii from The Bank of Hawaii. Terms of the transaction were not disclosed. Originally founded in 1967, Triad Insurance Agency, Inc....

California Brokerage Offers Graphic Design Program

Oct 27 2009 // Professional Program Insurance Brokerage of Novato, Calif., has a new program for Graphic Designers. This professional liability coverage is offered through an “A” rated carrier. Four levels of liability...

Real Estate Agent Arrested for Workers’ Comp Fraud in New York

Oct 27 2009 // A Florida real estate agent has been arrested in New York for committing insurance fraud against the state’s largest workers’ comp insurer, the New York State Insurance Fund. Ben Keskin, 52, of Florida, was...

Michigan Agent Joins National Big ‘I’ Leadership Team

Oct 26 2009 // David Allen Walker, president of Hartland Insurance Agency in Hartland, Mich., has been installed as the newest member of the executive committee of Independent Insurance Agents & Brokers of America (the Big...

Oregon Charges Agent Who Dumped Records

Oct 26 2009 // The Oregon Department of Consumer and Business Services has issued a cease-and-desist order against insurance agent Robert Warren Spruill for violating the Oregon Consumer Identity Theft Protection Act and the Oregon...

California Commissioner Warns Seniors About Agents

Oct 23 2009 // California’s Insurance Commissioner is worried that crooked health insurance agents may target seniors during open enrollment for Medicare Advantage and Prescription Drug Program. Insurance Commissioner Steve Poizner...

2010 Looks to Be Painful Year for P/C Insurers, Brokers: Advisen

Oct 22 2009 // Economists have declared the Great Recession over, but its lingering effects will continue to chip away at commercial property/ casualty premiums through 2010, according to insurance experts. A new Advisen Ltd. briefing...

House Panel Reshaping Credit Rating Agency Liability Bill

Oct 21 2009 // A U.S. congressional committee has dropped a key provision from a financial reform bill aimed at reducing investor reliance on credit ratings, according to draft legislation released on Tuesday. The provision, first...

California’s Edgewood Partners Names New Principal

Oct 20 2009 // Edgewood Partners Insurance Center, a retail property, casualty and employee benefits insurance brokerage, has appointed Joe Vineis as principal in its San Francisco Office. Vineis brings more than 20 years of experience...