Latest Agencies Headlines

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

Top 100 Privately-Held Property/Casualty Agencies

Aug 3 2009 // Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C...

Top 20 Bank Holding Companies in Insurance Brokerage Fee Income

Aug 3 2009 // Top 20 Bank Holding Companies in Insurance Brokerage Fee Income (2008/Nationally) Rank 2008 Insurance Brokerage Fee Income Bank Holding Company Name City, State 1 $1.60 billion Wells Fargo & Co. San Francisco, Calif....

House Passes National Flood Insurance Extension Act

Jul 30 2009 // The U.S. House of Representatives passed the National Flood Insurance Program (NFIP) Extension Act of 2009, H.R. 3139, which extends the program until March 31, 2010. The NFIP is currently set to expire on September 30,...

Illinois Allows Retail Contingent Commissions for Arthur J. Gallagher

Jul 30 2009 // In a filing of financial results for the second quarter 2009, Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. reported that amended settlement agreements with the Illinois Attorney General and the...

How to Help Clients Work Through the Challenges of Business Bankruptcy

Jul 30 2009 // Bankruptcy. It’s a word agents and brokers will need to get used to hearing from their business clients. It’s not just occurring on Wall Street; it’s happening every day on Main Streets across the country...

Lewis to Lead Independent Insurance Agents of Central Texas

Jul 29 2009 // The Independent Insurance Agents of Central Texas announced the following new board members for 2009-2010: President Steven Lewis, Anco Insurance Vice President Kyle Paschall, Naler Insurance Agency Past-President Don...

Arthur J. Gallagher Reports Q2 Results; Slight Drop in Organic Revenue

Jul 29 2009 // Arthur J. Gallagher & Co. reported a slight drop in organic revenue of just 0.3 percent for the second quarter 2009 for its combined insurance brokerage and risk management units. For the quarter ending June 30, 2009,...

Arizona Agent/Broker Association Appoints Goble State National Director

Jul 28 2009 // The Independent Insurance Agents and Brokers of Arizona Inc. (IIAB of Arizona) has appointed Steve R. Goble from The Mahoney Group in Mesa, Ariz., as its state national director. Goble replaces Roberta Hoffman, who has...

Colemont Insurance Brokers Adds Zinter as Broker in Chicago

Jul 28 2009 // Colemont Insurance Brokers announced that Kevin Zinter has been promoted to broker in the company’s Chicago office. Zinter joined Colemont in 2005 and specializes in the brokerage of financial services products. He...

OdysseyRe Appoints Morvan New Chief Agent for Canada

Jul 28 2009 // OdysseyRe Holdings Corp. has appointed Lambert Morvan as Senior Vice President and Chief Agent, with responsibility for the management of OdysseyRe’s Canadian operations within the Americas Division. He will be based...

Congress Urged to Raise Liability Standard for Credit Rating Firms

Jul 27 2009 // Congress must consider radical reforms to improve the accountability and reliability of credit rating agencies like Moody’s Corp. and McGraw-Hill Cos. Inc.’s Standard & Poor’s, a top U.S. lawmaker...

California Senate Passes Budget, Workers’ Comp Fund Assets for Sale

Jul 24 2009 // The California State Senate passed a package of bills early Friday morning, revising the 2009-10 budget, that was passed in February, with $24.2 billion in deficit reduction solutions and a $921 million reserve; in total...

Progressive Introduces Any Auto Commercial Liability Endorsement

Jul 23 2009 // Progressive introduced a new commercial auto endorsements that might limit an agent’s errors and omissions exposure, the insurer says. Imagine this scenario — a customer has commercial auto insurance for his...

Colorado Independent Insurance Agents Association Seeks Award Nominees

Jul 23 2009 // The Professional Independent Insurance Agents of Colorado (PIIAC) is sseeking nominations recognizing outstanding service to the association or to the insurance industry. The awards recognize individuals in several...

Willis Appointed Broker for Hong Kong’s ‘Largest-Ever’ Rail Project

Jul 23 2009 // Willis Group Holdings announced that it has been appointed as the broker for the” largest rail construction project ever undertaken in Hong Kong by client MTR Corporation Limited (MTR), the operator of Hong...

Survey: Buyers Prefer Agents When Purchasing Medical Insurance

Jul 23 2009 // A recent online survey of more than 1,000 consumers found that those who purchased individual medical (IM) insurance through a professional agent were significantly more satisfied with their health plans than those who...

New York Agents Plead Case for “Common Sense” Disclosure Rules

Jul 22 2009 // Independent agent groups in New York State pleaded with regulators during a meeting yesterday to take a more “common sense” approach to proposed rules requiring agents to tell clients how they get paid. The...

Health Insurance Agents’ ‘Fly-In’ Has Impact on Capitol Hill, But Is It Enough?

Jul 22 2009 // Health insurance advisors, independent agents and brokers, consultants and employee benefit specialists combined forces again recently to voice their concerns over the single most important issue for insurance providers...

The Hartford Rolls Out AARP Auto Product Through Independent Agents

Jul 21 2009 // The Hartford Financial Services Group Inc. is now offering AARP-branded auto insurance through select, authorized independent agents. Previously, the insurance was only available directly from The Hartford by phone,...

Navigators Expands Agency Professional Liability Program

Jul 21 2009 // The Navigators Group Inc.’s principal underwriting agency subsidiary, Navigators Management Company Inc., will expand its Nav Pro Professional Liability Division by partnering with Aon Affinity, a subsidiary of Aon...