Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Oct 5 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...
How to Cure 8 Common ‘Small’ Insurance Agency Ailments
Oct 5 2009 // Being Small Has Its Advantages But It’s No Excuse for Being Unprofessional Ask most people what they like about working with small insurance firms and they’ll answer “their personal approach” or...
Now Is Time to Re-Evaluate Agency Systems to Do More With Less
Oct 5 2009 // Hosted, or Saas-Based, Solutions Allow Access to Core Technologies Without Heavy IT Investment Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing...
Surplus Lines Has Answer for Increasing Data Breach Exposure
Oct 5 2009 // Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months —...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
Ironman Kevin Kelley: Strength Through Multiple Platforms
Oct 5 2009 // Ironshore’s CEO on Why He Left AIG and How He’s Building His Young Company In December 2008, Kevin Kelley left Lexington Insurance Co., the largest excess and surplus lines insurance company, after more than 30...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
Independent Agencies’ Overall Growth Down But Personal Lines Up
Oct 1 2009 // The bad news is that overall organic growth for independent insurance agencies is down. The good news is that there continues to be growth in two areas: personal lines and group product sales. The Independent Insurance...
California Agent Pleads to Investment Scam
Oct 1 2009 // A Southern California insurance salesman accused of blowing investors’ money on sports cars, a mistress and real estate has pleaded guilty to federal fraud and money-laundering charges. James R. Halstead entered the...
Former Louisiana Agent Charged with Misappropriation, Forgery
Oct 1 2009 // Louisiana continued its crack down on current and former insurance producers committing alleged fraudulent activities, charging a former Lake Charles agent with misappropriation, forgery and conducting the business of...
Rating Agencies Tell Congress Increased Liability Is Unnecessary
Oct 1 2009 // Moody’s Corp. chief executive told lawmakers on Wednesday that his credit rating firm may agree to disclose some of its fees to regulators, but opposes a plan to impose greater liability on the sector. At a hearing...
U.S. Risk Names Hixson Vice President and Broker in Houston
Sep 30 2009 // Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has named Jennifer Hixson a Vice President and Broker in the U.S. Risk Brokers Houston office. Hixson has more than 20 years...
Former Moody’s Executives Criticize Firm’s Credit Rating Process
Sep 30 2009 // The former head of compliance overseeing Moody’s Corp.’s credit ratings business was routinely ignored when he warned that the firm was not properly monitoring municipal bond ratings, according to a letter...
At Home and Abroad, Vacated Properties Pose Greater Risk
Sep 29 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...
U.S. Risk Adds Walker as Associate Broker in Houston
Sep 29 2009 // Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has named Mary Walker an associate broker in the U.S. Risk Brokers Houston office. In this position, Walker is responsible...
Sales Lead Management
Sep 29 2009 // Leads360’s Lead Distribution and Sales Lead Management Software is trusted by thousands of internet lead buyers and recommended by top lead providers including AgentInsider®, InsureMe.com, Insurance Quote...
West Virginia Insurance Agents Cancel Convention, Citing Tough Economy
Sep 28 2009 // The Independent Insurance Agents of West Virginia has called off its 110th annual convention that was set to kick off on Sept. 30 for a few days at Pipestem State Resort. The association cited the struggling economy as the...
Louisiana Agent Accused of Premium Theft, Unfair Trade Practices
Sep 25 2009 // A Scott, La., area insurance agent has been arrested, issued a cease and desist order, summary suspension of his license and fine notice for alleged misappropriation of premiums and unfair trade practices. Carmen Miller,...
Minnesota Agent Installed as Vice Chairman of Big ‘I’
Sep 25 2009 // Michael “Mike” R. Donohoe of Mankato, Minn., was installed as vice chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the association’s recent Leadership...
Canadian Banks Eye Expansion into Insurance, Despite Restrictions
Sep 25 2009 // Insurance may emerge as the next big growth area in Canadian banking, even though regulations prohibit lenders from selling via their branches and insurance brokers vehemently oppose the move. When Canada’s biggest...