Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
San Francisco’s Worldwide Facilities Names VP, Broker
Apr 2 2008 // Worldwide Facilities has named Greg Kuchar vice president of the company’s San Francisco office. Kuchar most recently was with Risk Placement Services (RPS) in Orange, Calif., where he spent the past four years as...
Burns & Wilcox Adds Broker in San Francisco
Apr 2 2008 // Burns & Wilcox has named Denise DiPietro vice president/California brokerage in the company’s San Francisco office. Her specialty is general liability and contractors coverage, but she will be responsible for...
Connecticut Anti-steering Bill Heads to Full Vote
Apr 2 2008 // A Connecticut bill that restricts auto insurers from directing clients to certain car repair shops – legislation opposed by insurers and agents alike – is headed for a floor vote in the state’s General...
American E&S Acquires Network E&S’ Brokerage Business
Apr 1 2008 // American E&S Insurance Brokers of San Francisco has acquired Network E&S’ brokerage book of business. Network E&S, a California-based wholesale broker, has agreed to sell the renewal rights of its...
No April Fool’s Prank: Mass. Drivers Really Can Shop Around Starting Today
Apr 1 2008 // Today — April Fool’s Day — is the day when competitive rating in the Massachusetts private passenger auto insurance market becomes real. No kidding. For the first time in more than three decades, the state is...
Disaster Derivatives Set to Grow in 2008
Apr 1 2008 // With the United States bracing for big hurricanes this year, new derivatives to trade catastrophe risks offer insurers the extra protection they crave against multi-billion-dollar storms. Trading of “catastrophe...
Some U.S. Homes Now Worth Less Than Their Copper Pipes
Apr 1 2008 // Shards of broken glass outside the basement window of 31 Vine Street (Brockton, Mass.) hint at the destruction inside the three-story home. Thieves smashed the window to break in and then gutted the property for its copper...
Procedures for Depopulating La. Citizens Property Ins. Corp. Unveiled
Apr 1 2008 // The Louisiana Department of Insurance has issued procedures for the first round of depopulation of Louisiana Citizens Property Insurance Corporation (LCPIC). The procedures were established at a meeting on March 14, 2008....
Industry Lines Up ‘Pro and Con’ on Bush Plan for Federal Insurance Regulator
Mar 31 2008 // Insurance industry groups are lining up quickly with responses to the Bush administration’s proposed overhaul of the way the government regulates the nation’s financial services industries, including...
California Assembly Considering Insurance Agent-Broker Bill
Mar 31 2008 // A bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent in California is scheduled come before the state Assembly Insurance Committee no later than April 16,...
American E&S Appoints Broker in San Diego
Mar 31 2008 // Marjie Amick, a 24-year industry veteran, will join American E&S Insurance Brokers’ Carlsbad, Calif., branch. Most recently, Amick was with Monarch E&S Insurance Brokers in San Diego. Her book of business...
North Carolina Insurance Agent Ordered to Hide his Fire Truck
Mar 31 2008 // State Farm insurance agent Darin Morton has had a fully functioning fire truck parked in front of his office in the Charlotte, N.C. suburb of Pineville for six years. But The Charlotte Observer reports that...
Chartwell Adds E&S Casualty Division to Arizona Office
Mar 27 2008 // Chartwell Independent Insurance Brokers LLC, a wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, announced that it has added an Excess & Surplus (E&S) Casualty Division to...
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,...
