Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurance Broker Willis Sued by Venezuelan Clients of Stanford
Aug 7 2009 // A group of Venezuelan clients of Stanford Financial Group have sued the insurance broker Willis Group Holdings Ltd, accusing it of contributing to a $7 billion Ponzi scheme at the Texas-based investment company founded by...
Insurance Journal Wins Business Publication Editorial Awards
Aug 6 2009 // Insurance Journal magazine has won gold and silver editorial awards from the American Society of Business Publication Editors’ western regional awards competition, recognizing the magazine for its editorial...
Ohio Revokes Agent’s License for Falsifying CE Hours for Other Agents
Aug 6 2009 // The Ohio Department of Insurance has revoked the insurance education provider contract and license of an agent the department found to be falsifying continuing education credit hours for hundreds of insurance...
Snow Joins Pacific Wholesale Insurance Brokers
Aug 6 2009 // Los Angeles-based Pacific Wholesale Insurance Brokers LLC, a wholly-owned subsidiary of Insurance Specialty Group LLC, appointed Victoria Snow vice president/casualty broker in the Burbank, Calif., office. Her...
Insurance Broker Marsh Revenues Fell 7% in Q2 But Profit Rose
Aug 5 2009 // Marsh & McLennan Companies Inc. posted a second quarter net loss of $193 million, attributable to the declining value of its security consulting business and private equity investments. Last year for the same quarter...
Improved Profitability Forecast for Marsh, Guy Carpenter
Aug 5 2009 // Marsh & McLennan Cos. Inc. , the No. 2 global insurance broker, posted quarterly results in line with expectations on Wednesday and forecast improved profitability for its brokerage business, sending its shares up 4.3...
Arthur J. Gallagher Adds Two New England Offices
Aug 4 2009 // National insurance brokerage Arthur J. Gallagher & Co. has acquired two New England offices of Atlanta-based Gresham & Associates Inc. for an undisclosed sum. The offices — which are in Portland, Maine and...
Bank Insurance Brokerage Fee Income Up 15% in Q1
Aug 4 2009 // First-quarter bank holding company (BHC) insurance brokerage income of $3.03 billion was up 15.0 percent from $2.63 billion in fourth quarter 2008, which marked the lowest point of quarterly insurance income since 2005,...
Seaworthy Launches Boat and Yacht Insurance Program
Aug 4 2009 // Seaworthy Insurance Co., which began in 1989 offering specialized boat insurance products to Boat Owners Association of The United States (BoatU.S), has launched a new line of commissionable boat insurance policies sold...
Language Leads Enterprising Agent Into Successful Niche
Aug 3 2009 // At first glance, Kathryn Soderberg seems an unlikely expert on marketing insurance to Hispanic customers, but the tall, fair-skinned Caucasian is a frequent radio talk show guest and leading Hispanic market-training...
New York Agents Plead Case for ‘Common Sense’ Disclosure Rules
Aug 3 2009 // Trade Groups Worry about Logistics and Fairness Independent agent groups in New York State pleaded with regulators during a meeting last month to take a more “common sense” approach to proposed rules requiring...
Why Bankruptcy Rates Vary By State
Aug 3 2009 // State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates In a previous edition of Insurance Journal (July 20, 2009, “Tackling Client Bankruptcy: How to Help Clients Work Through the...
People
Aug 3 2009 // Rolling Meadows, Ill.-based C. W. Olson and Co., an affiliate of the full-service insurance brokerage firm Associated Agencies Inc., promoted Matthew Meliker to executive vice president and in-house counsel. Meliker, a...
Why Bankruptcy Rates Vary By State
Aug 3 2009 // State Policies, More Than Differences Among People, Influence Rates In Insurance Journal‘s last issue (July 20; Tackling Client Bankruptcy: How to Help Clients Work Through the Challenges of Business Bankruptcy),...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Aug 3 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
People
Aug 3 2009 // Will Weston, vice president and principal of Blanchard & Calhoun Insurance Agency in Augusta, was elected president of the Independent Insurance Agents of Georgia, Inc. (IIAG) during the association’s recent...
How to Re-ignite Producers – and Other Employees – Who Have Lost Their Spark and become Too Comfortable
Aug 3 2009 // Incentive Compensation Focused on Customers, Not Premiums, Works, Consultant Says Al Diamond is one of the country’s best known agency management consultants. His firm, the Agency Consulting Group, is based in Cherry...
Why Bankruptcy Rates Vary By State
Aug 3 2009 // State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates In a previous edition of Insurance Journal (July 20, 2009, “Tackling Client Bankruptcy: How to Help Clients Work Through the...
People
Aug 3 2009 // Teresa Miller was appointed administrator of Oregon’s Department of Consumer and Business Services Insurance Division. Miller joined the Insurance Division in July 2008 and has been serving as acting administrator...
Love of Language Leads Enterprising Agent Into Successful Niche Market
Aug 3 2009 // At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions...
