Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Texas Alerts Agents About Investigation Into Nontraditional Product
May 30 2007 // The Texas Department of Insurance issued an alert to agents and consumers concerning a nontraditional insurance product offering it is investigating. The bulletin advised Texas insurance agents to exercise caution with...
Law Enforcement to be First Users of Texas’ Financial Responsibility System
May 29 2007 // A statewide system to verify that drivers in Texas have insured their vehicles to the extent required by law is in the process of being developed and is expected to go online in early 2008, according to one individual...
S&P Assigns ‘B’ Ratings to Hub Int’l.
May 29 2007 // Standard & Poor’s Ratings Services has assigned its “B” counterparty credit rating to Hub International Ltd. with a stable outlook. S&P also assigned its “B” senior secured debt...
FERMA Calls EC Broker Commission Rules ‘Not Entirely Satisfactory’
May 29 2007 // The Federation of European Risk Management Associations notified the European Commission that the level of transparency of broker commissions is still “not entirely satisfactory.” FERMA first proposed changes...
Swiss Re, Big ‘I’ Ink 5-Year Pact On E&O Coverage
May 29 2007 // The Independent Insurance Agents and Brokers Association of America and Swiss Re’s Commercial Insurance have signed an agreement for Swiss Re to be the endorsed errors and omissions carrier of the Big I for five more...
Greenberg Growing C.V. Starr at Home and Abroad
May 29 2007 // Exclusive Video Interview Greenberg Interview, Take 4: Growing C.V. Starr Chairman Maurice “Hank” Greenberg is busy growing his current insurance organization, privately-held C.V. Starr & Co. and all of...
PIA of Oregon/Idaho Names New Board, Award Winners
May 25 2007 // The Professional Insurance Agents of Oregon/Idaho announced its new officers and presented a number of awards at its 40th Annual Convention and Trade Show in Sunriver, Ore. Pete Lackner, owner of Rose City Associates, was...
Here is a Method That is Helping Insurance Agents Succeed in Selling Insurance
May 25 2007 // Insurance agents that succeed in the insurance industry spend at least two hours a day prospecting on the phone. These insurance agents don’t cold call or prospect their relatives, they get insurance leads. Behind...
Sens. Sununu, Johnson Reintroduce Optional Federal Charter Legislation
May 25 2007 // United States Senators John Sununu, R-NH, and Tim Johnson, D-SD, reintroduced “The National Insurance Act of 2007,” legislation that aims to modernize insurance industry regulation by providing an optional...
IIAT 110th Annual Conference Set for June 3 – 5 in San Antonio
May 25 2007 // The Independent Insurance Agents of Texas (IIAT) announced its 110th Conference & Trade Show June 3-5 in San Antonio. Nearly 200 exhibitors are registered for the three-day trade show to be held at the San Antonio...
Let Ground Zero Rebuilding Begin: Spitzer Brokers Settlement with 7 Insurers
May 23 2007 // New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding...
getGuard™ Insurance Seeks Agents for New Program for Businesses Hit By Identity Fraud
May 23 2007 // Almost every business – from retail to healthcare to professional services – handles personal information such as credit card numbers, social security numbers, and healthcare records. Many businesses think they...
HRH to Acquire Denver Broker Urman
May 23 2007 // Large insurance broker Hilb Rogal & Hobbs Co., based in Richmond, Va., has agreed to acquire the stock of The Urman Co., a Denver-based retail employee benefits and property and casualty brokerage. Terms of the...
Survey: 75% of Consumers Satisfied with Insurance Agents; Prefer Personalized Service
May 22 2007 // Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned...
Okla. Commissioner Flexes Regulatory Muscle in Marketing Flap
May 22 2007 // Oklahoma Insurance Commissioner Kim Holland is flexing her regulatory muscle in an investigation of Medicare marketing that has uncovered misconduct by some insurance agents, The probe led to an appearance before a U.S....
Fla. Agents Send Response Vehicle to Tornado-ravaged Kan. Town
May 22 2007 // The Florida Association of Insurance Agents’ state-of-the-art catastrophe response vehicle (CRV) arrived in Greensburg, Kan. earlier this week to assist insurance agents whose offices were demolished by the tornado...
Infinity Accepting Applications for Agent/Broker Award
May 22 2007 // Infinity Insurance Companies based in Cerritos, Calif., is accepting applications for its third annual Infinity Cares Agent/Broker Award (formerly known as the Confianza Award) to recognize independent brokers and agents...
Medicare Fraud on Rise in Mississippi
May 22 2007 // Insurance agents have sold fraudulent Medicare plans to an estimated 1,000 Mississippians over the past year, forcing them to spend months untangling the mess to regain coverage under a traditional Medicare program. State...
New Orleans-area Agent Shut Down by Regulators
May 22 2007 // A New Orleans/Metairie, La., insurance agent was issued a cease and desist order and summary suspension of her license by the Louisiana Department of Insurance for alleged misappropriation of insurance funds. Quiana...
Tough products don’t need to be an underwriting challenge
May 21 2007 // Skis, ladders, pacemakers and nutra-ceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan and David Rosenburg,...
