Latest Agencies Headlines

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

Western Agents Association Partners With MexiPass Insurance

Mar 26 2008 // The Western Insurance Agents Association has engaged in a partnership with MexiPass Global Assurance, a Mexican insurance providers. MexiPass programs are underwritten by AIG-Mexico to introduce a new opportunity...

Renaissance Alliance Adds 1 Conn., 5 Mass. Insurance Agencies to Group

Mar 26 2008 // The Wellesley, Mass.-based insurance organization Renaissance Alliance reports it has added six independent agencies representing $36 million in additional premium to its group. The new member agencies include five in...

Agents and Brokers: Deadline to Submit for IJ’s Top 100, April 4

Mar 25 2008 // Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now,...

Who’s Worth What in the Independent Agency System?

Mar 25 2008 // Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared to 2006, while half of all agencies reported that salaries stayed the same in 2007 compared to 2006. Of...

To Perpetuate or Sell – It’s a Big Decision to Make

Mar 24 2008 // Agencies that choose to remain independent can do so with hard work, industry consultant says If you run your business as if you will choose to perpetuate you’re maximizing value,” says John Wepler, president...

Golden Opportunity

Mar 24 2008 // There is a small contingent of independent insurance agents who aren’t sure they’ve found their permanent career yet. About 20 percent of young agents in a recent Insurance Journal survey said they had already...

People

Mar 24 2008 // Kenneth A. Bowles as been named the 2008 PIA National Professional Agent of the Year by the National Association of Professional Insurance Agents. Bowles was honored for his work on behalf of professional insurance agents,...

Indiana One of First States to Ban Tax on Insurers for Accident Responses

Mar 24 2008 // Some call it ‘double taxation;’ others easy money Indiana recently became one of the first states in the country to pass legislation prohibiting the practice of municipalities charging fees for accident...

N.Y. Agents Applaud Insurance Fines Defeat

Mar 24 2008 // Significant fine increases for violating New York insurance law — proposed by former Gov. Eliot Spitzer — have been rejected by the Legislature, a move that one New York agents’ group called a major victory for...

Agents: Document, Document, Document

Mar 24 2008 // When I sold my agency in 2001, I moved to Florida and started buying shopping centers. Hurricane Frances almost destroyed the center I acquired across from the beach one day after my first renewal. My agent had originally...

50 Things Independent Agents Like LEAST

Mar 24 2008 // The exclusive 2008 Insurance Journal Survey of Young Agents asked independent agents under 40 years old what they like least about being an independent agent. Here’s what some of the 360 agents who took the survey...

Reasonable Expectations for Agents’ E&O

Mar 24 2008 // The public views insurance agents and brokers as professionals, experienced and knowledgeable in a complicated and specialized field. Negligence focuses on the principle that people who hold themselves out to the public as...

101 Things Independent Agents Like MOST

Mar 24 2008 // The exclusive 2008 Insurance Journal Survey of Young Agents asked independent agents under 40 years old: What do you like most about being an independent agent? Here’s what some of the 360 agents who took the survey...

America’s Young Insurance Agents: Love and Optimism in the Workplace

Mar 24 2008 // “I wanted a job I could love,” says 29-year-old Meghan McGarry. She found it when she first went to work in an independent insurance agency in New York. Four and one-half years later, and now handling small...

California Tahoe Fire Commission Wants Federal Aid

Mar 24 2008 // A commission created after a Lake Tahoe blaze destroyed more than 250 California homes voted unanimously to seek state and federal emergency declarations to combat what it says is an imminent threat of catastrophic...

Mass. Agents Find Out What Their Auto Customers are Thinking

Mar 24 2008 // As Massachusetts independent agents enter a new era in auto insurance, they can’t help but be a bit anxious. After all, they have for years had a lock on more than 85 percent of the auto market under the previous...

When it Comes to Insurance Cycles, Mutuals and Stocks Behave Differently

Mar 24 2008 // Difference is tied to how mutual insurers build market share, says Conning researcher When it comes to managing through a soft cycle, it turns out mutual companies behave in a way that’s different than their...

To Perpetuate or Sell – It’s a Big Decision to Make

Mar 24 2008 // Agencies that choose to remain independent can do so with hard work, industry consultant says If you run your business as if you will choose to perpetuate you’re maximizing value,” says John Wepler, president...

When it Comes to Insurance Cycles, Mutuals and Stocks Behave Differently

Mar 24 2008 // Difference is tied to how mutual insurers build market share, says Conning researcher When it comes to managing through a soft cycle, it turns out mutual companies behave in a way that’s different than their...

People

Mar 24 2008 // McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin. Balagia has 30 years of experience as a property and casualty broker/consultant and...