Latest Agencies Headlines

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

Insurers Used Variety of Resources to Reach Out to Fire Victims

Nov 4 2007 // In the midst of the blazing wildfires that overwhelmed seven Southern California counties in October, insurance companies sprung into action. Most said they had learned from past catastrophes and that preparation was key...

Insurance Agent and Broker Associations Reach Out to Members

Nov 4 2007 // With the devastating circumstances in Southern California all too apparent, insurance agent and broker associations have stepped up to the plate to reach out to their members. As the fires began to increase in severity,...

People

Nov 4 2007 // Bermuda-based Catlin Group Ltd. appointed Nick Greggains chief underwriting officer for insurance, and Andrew Englesbe chief underwriting officer for reinsurance for Catlin U.S. Both will be responsible for insurance and...

Five Tips in Dealing with Wildfire Losses

Nov 4 2007 // Here we go again: another disaster, another insurance test. Will Southern Californians whose homes and businesses were destroyed or damaged by wildfires fare better with their insurance providers than Katrina’s...

How to Beat the Soft Market Blues

Nov 4 2007 // The market for management liability coverages is soft. Premiums are down, which means revenues are down. Yet there still are tremendous opportunities for proactive agents and brokers to sell the coverages, according to...

California agencies come to the aid of clients, employees

Nov 4 2007 // While the losses from Southern California’s wildfires are still being tallied, parallels are being drawn between October’s blazes and 2003’s Cedar and Old Fires, which struck in many of the same areas....

Mapping out lawyers liability

Nov 4 2007 // Attorneys are singularly aware of liability exposures and the impact of litigation in modern society. Accordingly, attorneys are adroit and meticulous about the insurance coverage they purchase. Insurance must fulfill...

Benefits and advantages of premium financing in a competitive market

Nov 4 2007 // For insurance agencies, premium financing represents an opportunity to deliver to their insureds a higher level of client service while still maintaining their own revenue flow. In the midst of a soft market and increasing...

GAINSCO Closes Sale of Subsidiary to Montpelier Re

Nov 2 2007 // Dallas-based GAINSCO Inc. and subsidiary MGA Insurance Company Inc. completed a previously announced sale of an affiliated insurance subsidiary, General Agents Insurance Company of America Inc., the company...

Gary Schertz is Hired for National Sales Manager for QueryPlus Sales to Retail Agents Insurance Space

Oct 30 2007 // Valencia, CA, October 30, 2007 – QualCorp, Inc. has spent the previous 3 years designing and building a state-of-the-art reporting tool for non-IT savvy users. “Due to the initial overwhelming response from the...

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...