Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Editor’s Note: Agents in the wind
Aug 6 2007 // As is so often the case, insurance agents are caught in the middle. This time it’s in the debate over whether to add wind coverage to the federal flood insurance program. Mississippi Congressman Taylor has inserted...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
Despite firefighting prowess, the Russians aren’t coming
Aug 6 2007 // While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head in California and an American pilot from Virginia...
State laws vary, but principles stay the same
Aug 6 2007 // Few things help to build trust between insurance agents and their clients more than showing care and sensitivity around personal information. And key to that is understanding the general legal principals states enacted...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
People
Aug 6 2007 // The Main Street America Group named Gregg Effner assistant vice president of distribution management. Effner, who has 30 years of property/casualty industry experience, will be based at the company’s corporate...
Commercial clients should know who’s behind the wheel
Aug 6 2007 // Every insurance agent dreads the call from a business owner reporting a major claim. In many of these situations, the business failed to take the steps that could have prevented a loss. Unfortunately, even astute business...
Commercial Lines Leaders
Aug 6 2007 // About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
Agents in E&O Buyer’s Seat
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
News Currents
Aug 6 2007 // Agents say ‘no’ or nothing to adding wind coverage in flood program Some independent insurance agents are taking a “neutral” position when it comes to adding in wind coverage in National Flood...
The Hartford settlement with attorneys general ends agents’ contingent
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
Commercial lines insights of top agencies
Aug 6 2007 // While much of the talk about the current commercial and professional lines market turns to insurers lowering their prices, the soft market is requiring agents to raise their agencies’ level of attention paid to...
R.I. Audit of Beacon Confirms Unfair Practices; Seeks Fines, Refunds
Aug 2 2007 // Beacon Mutual Insurance Co. will pay a $2.5 million fine, refund $7 million to policyholders and continue to implement various management changes as the result of a long-awaited audit by Rhode Island officials of the...
Farmers Insurance Adding 600 New Agents to Grow in Ohio
Aug 1 2007 // The Farmers Insurance Group is tired of being a minor player in Ohio, one of the most lucrative insurance markets in the country. The nation’s No. 3 property and casualty insurer, part of global giant Zurich...
Consumers Urged to Learn Credit Scores and How to Improve Them
Aug 1 2007 // Not paying attention to credit scores can cost consumers a lot of money. Many people don’t know that their score — a three-digit number derived from an analysis of how they handle debt — is the key determinant of...
Brejcha Promoted to Assistant VP Broker at Colemont – Chicago
Aug 1 2007 // Colemont Insurance Brokers of Illinois has promoted Todd Brejcha to the position of assistant vice president broker at Colemont – Chicago, the company announced. Tom Dillon, president of Colemont – Chicago...
Ark. Agents Honor Progressive’s Claims Department
Jul 31 2007 // The Professional Insurance Agents (PIA) of Arkansas named Progressive’s Arkansas claims unit as the 2007 “Claims Department of the Year” following a vote by the more than 250 independent insurance agency...
Integro Insurance Brokers Opens Office in Tennessee
Jul 31 2007 // Integro Insurance Brokers announced the hiring of Greg Daniels, a managing principal, and Sheila Bauer, a principal, to lead the firm’s new Nashville, Tenn., office. Roger Egan, Integro CEO and co-founder said the...
Mass. Agents Could Be Losers Under Competitive Auto Rating
Jul 31 2007 // Massachusetts insurance agents aren’t happy about the decision to introduce competitive rating into the state’s price-regulated private passenger auto insurance system. They enjoy the best market share (86...
Miss. Insurance Agent Takes Plea Deal
Jul 30 2007 // A Mississippi insurance agent accused in a kickback scheme with a former Lafayette County supervisor has pleaded guilty to conspiracy under a plea deal in U.S. District Court. Ken Nowlin, of Ecru, avoids a federal trial...
