Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Weston Elected President of Georgia Agents
Jul 20 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...
Early, Dryden Join UK Broker Miller’s Facultative Re Unit
Jul 20 2009 // UK specialist insurance and reinsurance broker Miller Insurance Services Limited announced that Nick Early and Tony Dryden have joined its Facultative Reinsurance business unit. Both men join Miller from Benfield Early has...
Professional Program Insurance Brokerage Enhances Massage Program
Jul 20 2009 // Professional Program Insurance Brokerage of Novato, Calif., has enhanced its massage program by offering an option to write the professional and general liability on an occurrence form. Sexual abuse coverage can be written...
Down But Not Out
Jul 20 2009 // The State of the Insurance M&A Marketplace During most of the past three years, the mergers and acquisitions (M&A) market for insurance agencies and brokerages has been marked by strong deal volume and soaring...
Willis Increases Equity Stake to 49% in Malaysian Business
Jul 16 2009 // In a move, which it described as designed to “strengthen its standing as one of the leading global brokers in Asia,” Willis Group Holdings announced that it has “increased its shareholding in its...
Agents Gain Access to New Markets
Jul 16 2009 // SAN DIEGO – (July 16, 2009) – Gaining access to the E&S coverages and programs of new Markets is critical for the success of every agent and broker competing today. And the MyNewMarkets.com Exchange offers...
Giant Pension Calpers Sues Moody’s, S&P, Fitch Over Securities Ratings
Jul 16 2009 // Calpers, the biggest U.S. public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses. The California Public...
SEC, Congress Eye Increasing Liability of Credit Ratings Agencies
Jul 16 2009 // U.S. securities regulators are looking at ways to rely less on credit ratings and prevent issuers from shopping for their ratings, Securities and Exchange Commission Chairman Mary Schapiro told lawmakers Tuesday. Schapiro...
Louisiana Agent Accused of Misappropriating Premiums
Jul 15 2009 // A Baker, La., insurance agent has been served with a cease and desist order, notice of license revocation and $1,500 fine notice for alleged misappropriation of premiums. Patikii Je Gibbs (a.k.a. Patikii Gibbs Powell), 55,...
Associated Agencies Promotes Herz
Jul 14 2009 // Rolling Meadows, Ill.-based Associated Agencies Inc. has promoted Joshua B. Herz, of Chicago to senior vice president. As Associated Agencies’ senior vice president, Herz will continue to maintain his client base,...
Oak Street Offers New Loan Program for Insurance Agents
Jul 14 2009 // More insurance agents may be able to obtain capital for growth, expansion and acquisition, thanks to a new program from Indianapolis-based Oak Street Funding. The new Gold Program promises reduced interest rates and fees...
Data Sharing from Leads360 Improves Insurance Lead Quality
Jul 10 2009 // AgentInsider®, InsuranceAgents.com, QuoteWizard & Others to Participate New Leads360 Lead Performance Intelligence™ Analytics Gives Insurance Lead Buyers and Sellers Unmatched Visibility into Lead Quality...
ICW Group Now Offers Workers’ Compensation Insurance in Illinois
Jul 10 2009 // San Diego, Calif.-based ICW Group Insurance Companies is now offering workers’ compensation insurance in Illinois. The ICW’s Illinois workers’ compensation office is led by Suzanne Lysak. Lysak has more...
New York Eases Compensation Disclosure Mandate for Producers
Jul 10 2009 // The New York State Insurance Department this week released a new draft of a rule governing when and how insurance producers must disclose their compensation and competing quotes to customers. The latest draft appears to be...
Rockwood Offers Installments on Life Agents E&O
Jul 9 2009 // Rockwood Programs Inc. now offers a quarterly installment option on its life agents errors and omissions (E&O) product. Once established, premium payments will be automatically charged to the policyholder’s...
Colemont Insurance Brokers Promotes Black to Vice President in Atlanta
Jul 8 2009 // Wholesaler Colemont Insurance Brokers reports that Bob Black has been promoted to vice president in the company’s Atlanta office. Black joined Colemont in 2004 as an associate broker responsible for marketing all...
Survey: Claims Service Is Tops for Agents When Evaluating Carriers
Jul 8 2009 // Quality claims service continues to be the top factor in how independent agents evaluate their carriers, although insurers’ financial strength ratings are now a much bigger concern for agents than in the past, an...
Texas DOI to Agents: Forward Apps, Premium in Timely Manner
Jul 8 2009 // The Texas Department of Insurance reported recently that it received numerous inquiries and complaints after Hurricane Ike relating to the failure of agents to forward applications and premium to the Texas Windstorm...
Blackstone, Goldman, Credit Suisse Back New Insurance Brokerage
Jul 7 2009 // A group of private equity investors, including affiliates of The Blackstone Group, Goldman Sachs and Credit Suisse, is launching a new life insurance and benefits brokerage serving the middle market and small businesses,...
More Students Showing Interest in Insurance Careers, Say N.J. Agents
Jul 7 2009 // More than ever before, recent graduates are expressing interest in the insurance industry, according to the Professional Insurance Agents of New Jersey and New Jersey Young Insurance Professionals. The associations’...
