Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Agents must tell Fla. citizens of pros and cons of Citizens
Sep 24 2007 // As Florida insurance agents adjust to serious competition from the public sector, the Florida Association of Independent Agents has established a new staff position to act as a liaison between agents and state-backed...
Establish an authentic small business department
Sep 24 2007 // The small business insurance market has grown in importance to agencies and companies alike. Yet, despite the favorable attention given to this profitable arena, too many agencies still treat small business as they always...
News Currents
Sep 24 2007 // Industry skeptical, while Treasury opposes natural disaster pool Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm...
N.J. bans business auto ‘step-downs’
Sep 24 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability policies and frees agents from a having to advise...
Industry skeptical, while Treasury opposes natural disaster pool
Sep 24 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm insurance industry reaction at best and outright opposition from...
News Currents
Sep 24 2007 // 11 N.J. public officials caught in FBI insurance sting U.S. Attorney for New Jersey Christopher J. Christie talks in Trenton, N.J. on Sept. 6 about the investigation with the FBI that led to arrests of 11 public officials...
Exporters’ insurance: A world of opportunity
Sep 24 2007 // Companies moving into international markets could be exposed to risks not insured under domestic policies In the past 10 years, it has become much easier for U.S. companies to venture into the global marketplace. Advances...
People
Sep 24 2007 // The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone...
People
Sep 24 2007 // The National Association of Professional Surplus Lines Offices selected officers and directors for the trade association’s 2007-2008 term. The new officers are: President – Mary Ellen Rozzell,...
News Currents
Sep 24 2007 // Judge throws out all federal antitrust charges against insurers, brokers No evidence found to support charges of a global conspiracy among commercial brokers and insurers Finding the charges lack any factual support, a...
Thriving in today’s challenging insurance environment
Sep 24 2007 // The insurance industry has witnessed a reduction in the number of markets, agents and brokers, and overall industry personnel in the past 10 years. Meanwhile, many markets continue to soften, competition has increased with...
11 N.J. public officials caught in FBI insurance sting
Sep 24 2007 // Federal agents arrested and charged 11 New Jersey local public officials with taking bribes in exchange for giving public contracts to a fake insurance brokerage set up by investigators. The investigation netted five...
Surplus Lines Rules Clarified for Calif. Retail Agents
Sep 24 2007 // California retail agent-brokers not transacting insurance on behalf of surplus line broker organizations are not required to follow a new law affecting surplus lines brokers, the California Department of Insurance...
N.J. bans business auto ‘step-downs’
Sep 24 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability policies and frees agents from a having to advise...
What’s ahead for Liberty Mutual, Ohio Casualty independent agents?
Sep 24 2007 // For agents, the Liberty Mutual Agency Markets acquisition of Ohio Casualty promises to be a matter of addition, not subtraction. For the most part, Ohio Casualty’s 3,400 agents will join with and not replace or be...
N.J. Agents Create Web Site to Attract College Students’ Resumes
Sep 21 2007 // The New Jersey Young Insurance Professionals and the Professional Insurance Agents of New Jersey Inc., are calling for college students to submit their resumes to Project Y (http://www.projectynj.org), the...
Olin Joins Specialty Broker Ames & Gough as National Marketing Director
Sep 20 2007 // Ames & Gough, a specialty insurance broker focused on serving architects, engineers, contractors, and law firms, has named Meike Olin as its first national marketing director. In addition to overseeing the publication...
House Approves Terrorism Insurance Backstop Extension
Sep 20 2007 // The House of Representative approved by a vote 312-110 H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA), legislation that extends and revises the federal terrorism insurance backstop for...
Guaranteed Cost Workers Compensation Program for Security Guard & Investigation Agencies
Sep 20 2007 // Now Available from The Mechanic Group September 20, 2007 – Guaranteed Cost Workers Compensation Program for Security Guard and Investigative Agencies is now available from The Mechanic Group. The Mechanic Group will...
Industry Confident in Terror Reinsurance Renewal Despite White House Veto Threat
Sep 20 2007 // Insurance industry lobbyists are confident there is enough backing in Congress for renewal of the federal terrorism reinsurance program and enough support to override a threatened presidential veto if necessary. The...
