Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
FBI Report Shows Property Crimes Decrease Again in 2006
Sep 25 2007 // For the fourth year in a row the estimated number of property crimes decreased, according to statistics released by the FBI’s 2006 edition of “Crime in the United States,” a statistical compilation of...
3 Ga. Agents Violate Military Sales, Commissioner Revokes Licenses
Sep 25 2007 // For violating military sales regulations, Georgia Insurance Commissioner John W. Oxendine revoked the licenses of three agents The regulations were recently enacted to protect soldiers from unscrupulous solicitation,...
Judge throws out all federal antitrust charges against insurers, brokers
Sep 24 2007 // No evidence found to support charges of a global conspiracy among commercial brokers and insurers Finding the charges lack any factual support, a federal judge has dismissed a big antitrust conspiracy case that was lodged...
The CHANGING FACE of Surplus Lines Brokers
Sep 24 2007 // The surplus lines industry is never boring, never plain and certainly never black and white. Often dubbed as the innovator of new insurance products, the industry could even be considered colorful when it comes to the...
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...
Lawyers should not dismiss lawyers’ professional liability coverage
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...
Ohio Casualty officially joins the Liberty Mutual agency family
Sep 24 2007 // With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and...
Court to hear suit on state’s use of Miss. surplus lines funds
Sep 24 2007 // The 5th U.S. Circuit Court of Appeals in Jackson, Miss., will hear arguments Oct. 1 about whether the Mississippi Legislature unconstitutionally raided an insurance fund in 2004 to balance the state budget. The Mississippi...
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...
Chinese imports and product liability coverage
Sep 24 2007 // Wave of recalls pushes broker, insurer roles in product safety, recall planning into limelight Product manufacturers are constantly looking for ways to stay competitive in a global marketplace and sourcing products and...
News Currents
Sep 24 2007 // Court to hear suit on state’s use of Miss. surplus lines funds The 5th U.S. Circuit Court of Appeals in Jackson, Miss., will hear arguments Oct. 1 about whether the Mississippi Legislature unconstitutionally raided...
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,...