Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Pa. Broker Arrested For Alleged Premium Finance Fraud
May 10 2007 // A former Bucks County, Pennsylvania insurance broker has been arrested by the Pennsylvania Attorney General’s Office for allegedly defrauding four insurance premium companies and the state’s bureau of...
Double Duty: Agent-Soldiers Who Serve Their Country and Their Customers
May 10 2007 // Twenty-nine year old Peter Webb served his country in the U.S. Marines for eight years. Since then, Sergeant Webb has spent four years serving small businesses as an account manager and producer for an Oklahoma City...
N.H. Agents Suggest Changes to Fiduciary, Licensing Rules
May 9 2007 // The Professional Insurance Agents of New Hampshire Inc. recently said it supports two insurance department proposals and offered further recommendations to clarify fiduciary and licensing rules affecting agents. The...
Republic Group’s Rush to Speak at San Antonio Agents’ Luncheon
May 9 2007 // Parker W. Rush, president and CEO of Dallas-based regional insurer The Republic Group, is slated to speak at the May membership luncheon of the Independent Insurance Agents of San Antonio. The luncheon will take place May...
Ohio American Modern Insurance Offers Incentive Program for Agents
May 8 2007 // The companies of American Modern Insurance Group, a national specialty insurance leader, are sponsoring a sweepstakes designed to demonstrate the ease of use of their on-line modernLINK suite of applications, most notably...
Florida Agent Recognized with National Award
May 8 2007 // Melissa Champany of the Florida Association of Insurance Agents recently received the 2006 InsurPac Young Agent Award at a luncheon in Washington, D.C. Champany was recognized for her efforts in launching a 2006...
Ga. Commissioner Charges Columbus Agent with Fraud
May 8 2007 // A Columbus, Ga., insurance agent has been charged with three counts of insurance fraud for allegedly keeping premiums paid to her for property and taxicab liability coverage instead of forwarding the payments to an...
“The Big I” State Associations Co-Sponsor Agribusiness Conference
May 8 2007 // “The Big I” associations of Colorado, Kansas, Idaho, Nebraska, Oregon, Utah, and Washingto are co-sponsoring Insurance Skills Center’s Agribusiness Conference in Denver on June 25-26, 2007. The Rocky...
Independent Agents’ and Brokers’ Market Share Holds Steady
May 8 2007 // The results of the 2005 market share study by the Independent Insurance Agents & Brokers of America, Inc. (the Big “I), again show that the independent agency system remains strong with plenty of growth...
Editor’s Note: It’s about time, really
May 7 2007 // It will take the collective clout and leadership of agents everywhere to move more carriers and transactions to real time. Agents have the future of the agency system at their fingertips, literally. Many of those who have...
Calif. OAL rules agent-broker relationships case not “precedential”
May 7 2007 // The California Department of Insurance (CDI) has been handed a procedural setback in its effort to crack down on agents charging broker fees. Last week, the California Office of Administrative Law (OAL) determined that...
Thinking outside of the box
May 7 2007 // No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive without them, says Scott Anderson, current president of the American Association...
It’s time, really
May 7 2007 // Agents have the future of the agency system at their fingertips, literally. Many of those who have long fantasized about SEMCI (single entry multiple company input) are unaware that this dream is just a keystroke away...
N.D. Poolman: Agent suspected of taking $700,000
May 7 2007 // An insurance agent who killed herself in late March is now suspected of taking $700,000 in premium payments from a number of businesses, state officials say. They have yet to figure out why. Investigators also have not...
Disruptive forces in the insurance industry: Constructive or chaotic?
May 7 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...
Mass. ruling revives possibility of auto assigned risk plan
May 7 2007 // Whether Massachusetts will implement an assigned risk plan for its private passenger auto market was considered a dead issue when in January the incoming Patrick administration suspended rules to create one, but now the...
It’s time, really
May 7 2007 // Agents have the future of the agency system at their fingertips, literally. Many of those who have long fantasized about SEMCI (single entry multiple company input) are unaware that this dream is just a keystroke away...
Commercial property/casualty premiums drop, underwriting relaxes, 1st quarter survey finds
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
Agents tell it best — Do what you love and the rest will follow
May 7 2007 // Tales of lessons learned about marketing and customer relationships from agents in the know As a national specialty provider of collector vehicle and collectibles insurance, American Collectors Insurance has been...
Executive risk exposures producers should know
May 7 2007 // Every day, corporate executives are expected to make the perfect business decisions on all issues. Obviously, this does not happen all the time. The best one can truly expect is for the executives to make the best decision...
