Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Westland Insurance Brokerage Owner’s License Suspended
Feb 25 2009 // The California Department of Insurance is prohibiting James Henry Sim of Westland Insurance Brokers of San Diego from selling insurance and participating in conducting business through any production agency without the...
Henricks Joins AmWINS Brokerage in Florida
Feb 23 2009 // Lynn Henricks has joined wholesaler AmWINS Brokerage of Florida as vice president. Formerly of Beecher Carlson, Henricks has 20 years of insurance industry experience and will focus on property and casualty brokerage at...
AmWINS Insurance Brokerage Makes Two California Appointments
Feb 23 2009 // Chris Pope has joined AmWINS Insurance Brokerage of California’s Santa Ana office as vice president and casualty broker. He has experience in the wholesale brokerage industry, with 20 years of developing expertise in...
Operational Efficiency Should Be Priority No. 3 for Agency Managers
Feb 22 2009 // Managing an independent insurance agency in the current hard economy and soft market requires agents to set priorities. In the Jan. 28, 2009, issue of Insurance Journal, Juan Andrade, executive vice-president for sales and...
People
Feb 22 2009 // Andrew Fotopulos has joined Starkweather & Shepley Insurance Brokerage Inc. in Providence, Rhode Island as senior vice president. Fotopulos will lead the brokerage’s financial institutional practice. He will...
New York Proposes Compensation Disclosure Rules for Agents
Feb 22 2009 // Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this month include...
Declarations
Feb 22 2009 // Siren Song “The fire department is going to be mad at me.” —A sang phrase recorded by Amanda Gessner, 19, in a Drexel Hill, Pa. convenience store surveillance camera – which led to her arrest for arson...
Demographic Shift Offers Opportunity for Agents
Feb 22 2009 // Minorities Destined to Become Majority by Mid-Century Before the 21st century reaches the half-way mark, more than 50 percent of the population of the United States will be represented by a vast cultural mix of people...
Certificates of Insurance and Agency Liability: What Agents Should Know
Feb 22 2009 // A common practice by insurance carriers is to inform their agents that they should not send the company copies of certificates of insurance when they are issued. This is most likely the result of mail-flow issues with the...
Operational Efficiency Should Be Priority No. 3 for Agency Managers
Feb 22 2009 // Managing an independent insurance agency in the current hard economy and soft market requires agents to set priorities. In the Jan. 28, 2009, issue of Insurance Journal, Juan Andrade, executive vice-president for sales and...
People
Feb 22 2009 // Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and...
Insureds Must Know What’s In Their Flood Policies
Feb 22 2009 // In this litigious day and age, lawsuits alleging breach of the insurance policies, bad faith, unfair claims handling, unfair settlement practices or negligence by an insurance agent are so common that they are not...
Now Playing in Florida: A Scary Surplus Lines Scenario
Feb 22 2009 // Court Rulings Strike Fear That Surplus Lines Could Lose Freedom Have you ever seen anything like this in Florida? Never. I haven’t seen anything like this anywhere in the country. If it were a horror flick it might...
Attitude Adjustment
Feb 22 2009 // The tiff between State Farm Florida and the Office of Insurance Regulation that has culminated in the insurer’s withdrawal from the state’s property market is disturbing. It’s not disturbing because an...
Florida Attaches Major Conditions to State Farm Withdrawal
Feb 22 2009 // Florida Insurance Commissioner Kevin McCarty has offered his own plan for State Farm Florida Insurance Co.’s withdrawal from the state that includes conditions not in the insurers’ own plan. McCarty wants State...
What Retail Agents Value in Surplus Agents
Feb 22 2009 // Insurance Journal asked a select group of 130 Florida retail agents what they look for when selecting surplus lines agencies to do business with. They placed access to markets as the most valued consideration, followed by...
FSLA Leader Sees Soft Market Opportunities in State Farm Exit, Med Mal, EPLI
Feb 22 2009 // The Florida surplus lines industry may be challenged right now by regulatory uncertainty stemming from the Essex and CNL Hotels rulings but it is not letting that blind it to opportunities. One opportunity is the pending...
Mercury Insurance Chairman: Independent Agents Will Always Have Future
Feb 22 2009 // Despite the seemingly difficult times independent insurance agents may be facing today, they will always have a future, according to George Joseph, chairman and founder of Mercury Insurance, considered one of the most...
Operational Efficiency Should Be Priority No. 3 for Agency Managers
Feb 22 2009 // Managing an independent insurance agency in today’s economy and soft market forces agents to set priorities. Juan Andrade, executive vice-president for sales and distribution at The Hartford, who oversees his...
Implications of the 2008 Farm Bill
Feb 22 2009 // Could Reduce Agent Commissions, But Create New Insurance Categories The Food, Conservation and Energy Act of 2008 (the Farm Bill) authorizes farm programs for the next five years. The Act’s provisions encompass a...
