Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
UK Broker Scrutton Bland Joins Willis Commercial Network
Oct 30 2007 // Willis Group Holdings further strengthened its UK “Willis Commercial Network “(WCN) with the announcement that brokers Scrutton Bland Ltd. have joined the organization. Willis established its Commercial Network...
Fires Over, But Calif. Should Assess Flood Risks
Oct 30 2007 // Trusted Choice agents, along with the Independent Insurance Agents & Brokers of America (the Big “I”) and IBA West, have teamed up to aid California residents in need in the aftermath of the devastating...
Safeco Employees, Agents Contribute $250,000 to Fire Victims
Oct 29 2007 // Seattle-based Safeco announced it is donating a package of up to $250,000 to support relief efforts for victims of the Southern California wildfires. A $50,000 grant will be donated immediately to the San Diego/Imperial...
InsuranceLeadz.com Announcing the Launch of Leadz University an Interactive Educational Center for Insurance Agents
Oct 29 2007 // Columbus, OH – October 29, 2007. InsuranceLeadz.com, is launching, “Leadz University™” an interactive leads educational center for Insurance Agents. Here, insurance agents can discuss their marketing...
People
Oct 27 2007 // Fulwider was inaugurated as the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”), with C. Brett Nilsson, and J. David Daniel assuming the offices of chair-elect and vice...
People
Oct 27 2007 // Kyle Stevens was elected the new president and chief executive officer of Western Security Surplus Insurance Brokers, a wholesale broker and managing general agency with offices in California and Texas. Stevens has served...
Declaratory judgment actions decide obligations under insurance contracts
Oct 27 2007 // A declaratory judgment action is essentially a request — typically by the insurer but often by the insured — that a court examine the relevant insurance policy provisions and declare the rights and obligations...
People
Oct 27 2007 // The California State Compensation Insurance Fund’s Glendale Legal Unit B appointed Katherine Harvey-Edwards to attorney-in-charge. Harvey-Edwards brings 16 years of legal experience to her new post. She was hired as...
News Currents
Oct 27 2007 // ChoicePoint faces class action lawsuit it claims is baseless, association contemplates what action to take Two insurance producers have filed a class action lawsuit against ChoicePoint Inc., ChoicePoint Services Inc.,...
Small businesses should take cover under excess liability coverage
Oct 27 2007 // The insurance buying habits of the typical small commercial customer haven’t changed much in 15 to 20 years, yet the small business owner may be in more need of the added protection given by the purchase of a...
Catering to wealthy individuals
Oct 27 2007 // Most high net worth individuals already complete their personal insurance package with excess liability coverage, or the personal umbrella liability. Even so there could be opportunities missed in meeting the umbrella...
For small truckers, exceed the minimum
Oct 27 2007 // The past few years have not been easy for the U.S. trucking industry. Rising fuel prices, threats of terrorism, new regulations and the daily challenges of simply moving heavy freight from point A to point B, have combined...
News Currents
Oct 27 2007 // Conn. AG alleges reinsurance antitrust conspiracy drives-up prices A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely...
Md.-Pa.-Del. Agents Group Highlights Delaware Merger, Elects Officers
Oct 26 2007 // The Insurance Agents & Brokers Service Group held its annual meeting Oct. 17, marking a year that included the inception of the Delaware Association of Insurance Agents & Brokers Inc. into its organization. The...
ACE Insurance Pays $4.5 Million to Settle Multi-state Bid-rigging Claims
Oct 26 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to state officials. The monies will be divided among eight states and the District of Columbia. Florida’s Chief...
La. Agent Fined $14K, Told to Cease Business of Insurance
Oct 25 2007 // An Angie, La., insurance agent was issued a cease and desist order, summary suspension and served with a $14,000 civil fine notice recently for alleged misappropriation, document forgery and filing false public documents,...
OneBeacon Enters Indiana Small Business Market
Oct 24 2007 // Canton, Mass.-based One Beacon Insurance Group announced Tuesday that it will begin offering property-casualty products to small-business owners in Indiana through independent agent partners. OneBeacon’s local...
Fireman’s Fund Offering Wildfire Recovery Services to Agents
Oct 24 2007 // Novato, Calif.-based Fireman’s Fund Insurance Co. announced it is offering all Southern California customers — homeowners and commercial customers — and independent agents free wildfire recovery...
Mass. Insurance Chief Urges Agents to Seize Opportunity in Auto Deregulation
Oct 23 2007 // Exclusive Video: Commissioner Interview Mass. Commissioner Burnes: Effect of Managed Competition on Mass. Agents Some Massachusetts insurance agents are anxious about the state’s move to a deregulated auto insurance...
Brown & Brown Posts 14.8% Third-Quarter Increase
Oct 23 2007 // Brown & Brown Inc. announced its net income for the third quarter of 2007 of $46,216,000, or $0.33 per share, an increase of 14.8 percent from the $40,270,000, or $0.29 per share, reported for the quarter ended Sept....
