Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Contingency Pay is Critical for Survival, N.C. Agents Reminded
Oct 12 2006 // Wrongdoings by mega insurance brokers have triggered a discussion that contingency commissions are bad, yet those contingency commissions can make or break a typical independent agency, an agent leader told North Carolina...
North Texas Insurance Agent Takes on GEICO
Oct 12 2006 // “Bigger isn’t necessarily better,” says Texas independent insurance agent Al Boenker of the Al Boenker Insurance Agency. Boenker’s latest advertising puts him up against the gecko, making fun of the...
ARM Agencies Reflect and Project One Year After Katrina
Oct 12 2006 // “You could almost feel it, the bond that had formed as we worked to bring our agency back to life, help our clients, and assist each other through the most trying times we will hopefully ever know.” These are...
La. Agent’s Operations Shut Down
Oct 12 2006 // Louisiana Department of Insurance Fraud Investigators shut down all insurance licensing privileges of a Delhi, La., producer (agent) on multiple charges, Insurance Commissioner Donelon announced. Janis Dalene Simms...
Schoenthal Joins Professional Program Insurance Brokerage
Oct 12 2006 // Professional Program Insurance Brokerage in Novato, Calif., has added Jennifer Schoenthal to its agency to lead the development of its medispa program. Contact Schoenthal at 415-475-4300.
Distinguished Programs Launches New Small Condo/Apartment Program
Oct 12 2006 // New York, N.Y.-based Distinguished Programs has rolled out a small condo and apartment building program designed to give small building owners the same level of coverage and deductible options available to larger property...
Banks’ Insurance Revenues, Insurance Brokerage Fees Up
Oct 10 2006 // The nation’s bank holding companies increased their total insurance revenue 1.1 percent to $21.4 billion in the first half of 2006 from $21.2 billion during the same period in 2005. Bank holding companies’...
N.J. Big ‘I’ Elects Durkin as Chairman; Young Agents Name Strout
Oct 10 2006 // The Independent Insurance Agents and Brokers of New Jersey (the Big “I”) swore in new officers at its 113th Annual Conference recently. Brian F. Durkin of the Durkin Agency in Englewood and Ramsey was sworn in...
Association launches attack on Garamendi regulations
Oct 9 2006 // California’s Insurance Brokers and Agents of the West (IBA West) has launched a legal attack on what it is calling California Insurance Commissioner John Garamendi’s attempt to illegally redefine agent and...
The Commissioners
Oct 9 2006 // Washington’s Mike Kreidler: Making the insurance market work The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From...
Breeding the next generation through internships
Oct 9 2006 // In cooperation with insurance industry partners, universities across the nation are helping to cultivate the next generation of risk managers and actuarial scientists through insurance internship programs. As an example,...
Sticking up for the little guys
Oct 9 2006 // Somewhat akin to Rodney Dangerfield, smaller agents don’t seem to get any respect — or at least not as much respect as their larger counterparts. It is becoming difficult to keep the carriers they currently...
Eight easy strategies for building your agency
Oct 9 2006 // While building a successful agency takes dedication and hard work, it may not be as difficult as you think. A wealth of material exists on the tangible factors and steps necessary for building a successful agency, such as...
Finding a solution to natural disaster insurance
Oct 9 2006 // In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for...
The Future for Agents’ E & O
Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...
Terrorism insurance market hits federal radar
Oct 9 2006 // Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a...
Getting to know your agency’s E&O
Oct 9 2006 // Insurance agents’ errors and omissions policies are not created equal. An agent who purchases E&O based solely on price may experience a rude awakening when it’s time to report a claim. Here are just a few...
Top 10 goals for agents to make ASAP
Oct 9 2006 // The year is winding down and it is time to focus on goals for next year. The easy route is to take the current results and add X% for growth and improve results by Y%. A few other ideas might also creep in the plan for...
Agents take aim at Zurich compensation, disclosure settlement
Oct 9 2006 // Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the original...
N.J. agents balk at commission disclosure
Oct 9 2006 // Agents in New Jersey are protesting a state proposal to require originating brokers making surplus lines placements to tell insureds they will receive a portion of the commission. Professional Insurance Agents of New...
