Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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’...
New York Warns Agents on Identity Theft Scam
Jul 6 2009 // New York State licensed insurance agents and brokers should be aware of an identity theft scam involving telephone calls used to target insurance professionals in at least a half dozen states. Acting New York Insurance...
People
Jul 6 2009 // DeCotis Insurance Associates Inc. has named Devin B. Haughey chief operations manager. Haughey will oversee the general management and operations of DeCotis, an independent excess, surplus and specialty lines firm with...
Tower Group to Acquire Specialty Underwriters’ Alliance of Illinois
Jul 6 2009 // New York-based Tower Group Inc. has agreed to purchase Specialty Underwriters’ Alliance Inc., headquartered in Chicago, in a transaction valued at approximately $107 million. SUA said the deal will enable it to...
State Auto: How a Regional Carrier Weathers the Storms
Jul 6 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...
People
Jul 6 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State...
Oklahoma Regulators: Insurance Agents Being Targeted
Jul 6 2009 // Oklahoma Insurance Commissioner Kim Holland has warned the state’s insurance producers and adjusters they may be contacted by imposters posing as Oklahoma Insurance Department employees seeking confidential personal...
IIAT Installs New Leadership, Names Award-Winners
Jul 6 2009 // At the recent Independent Insurance Agents of Texas (IIAT) 112th Annual Trade Show & Conference in San Antonio, the group installed new officers and directors, and presented membership service awards. Bryan Shofner,...
People
Jul 6 2009 // Houston-based insurance agency Bowen, Miclette & Britt named Dan Persha director of environmental risk management. With 30 years of commercial insurance brokerage experience, Persha specializes in heavy casualty,...
People
Jul 6 2009 // Edward J. Maucere, former owner of London American General Agency Inc., a San Diego-based wholesale brokerage and underwriting manager for commercial transportation business, passed away unexpectedly on June 12, 2009, at...
Car Dealers in the Storm
Jul 6 2009 // Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that...
