Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Both employers and employees benefit from investment in learning

Sep 25 2006 // Insurance is one of the fastest changing, most regulated industries in America. That very nature insists that those who want to excel in their current responsibilities and pursue their career goals must include education...

Virginia broker goes green: first ‘carbon neutral footprint’

Sep 25 2006 // Rutherfoord, a Roanoke, Va., insurance broker, says it is committed to reducing its greenhouse gas emissions and has become the first in the U.S. insurance industry to establish a carbon neutral footprint in response to...

News Currents

Sep 25 2006 // Agency growth and performance study reveals higher productivity The latest edition of the Growth and Performance Standards (GPS) study by the Austin, Texas-based National Alliance Research Academy has just been released,...

When insuring international trade, expect the world

Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...

People

Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...

Western Security Offers Market, 17.5 Percent Commission

Sep 25 2006 // Pasadena, Calif.-based Western Security Surplus Insurance Brokers Inc. has added a new admitted market for California agents and brokers, and has raised its commission 17.5 percent on all accounts bound with Great Divide...

Advisory Group Expands Valuation Service for Agents, Insurers

Sep 22 2006 // Wheaton, Ill.-based The American Association of Insurance Services (AAIS) announced this week that it is expanding the availability of property valuation services provided by e2Value, Inc. to insurers that use the...

Conn. Agents: Coastal Markets Tough But Insureds Getting Coverage

Sep 22 2006 // About three-quarters of the 21 agents writing Connecticut coastal business say homeowners insurance markets are either “worse” (43 percent) or “much worse” (33 percent) compared to one year...

MGAs Urge Congress to Pass Surplus Lines Reform Bill

Sep 22 2006 // The American Association of Managing General Agents is asking Congressman John A. Boehner, R-Ohio, and Congressman John Conyers, D-Mich., to place the Non-Admitted & Reinsurance Reform Act of 2006, HR 5637, on the...

Wolf Professional Risk Enters Professional Liability Market

Sep 21 2006 // Tampa, Fla.-based Wolf Professional Risk Inc., a wholesale brokerage firm, will begin offering services within the professional liability marketplace. The firm will initially focus on products that provide coverage for...

UK’s FSA Warns on Sales of Invalid Auto Policies

Sep 21 2006 // The UK’s Financial Services Authority has issued a bulletin, urging consumers “that have bought motor insurance from a company called Double Easy Brokers Ltd. (trading as Eeasybrokers) to arrange valid motor...

PIANY Elects Oneida Agent Dickson as President

Sep 21 2006 // The Professional Insurance Agents of New York State Inc. has been elected officers for the 2006-2007 administrative year. David Dickson of Fairport, N.Y. was elected president. He is a member of Bailey, Haskell and LaLonde...

Lloyd’s Implements Xchanging Claims Handling System

Sep 20 2006 // In what it called “a good step towards eradicating paper in the market,” Lloyd’s announced the implementation of “an electronic filing cabinet,” which has been launched “for handling...

Evans to Lead Big ‘I’ Trusted Choice

Sep 20 2006 // Dave Evans has been named the new executive director of the Independent Insurance Agents & Brokers of America’s Trusted Choice, the association’s consumer marketing identity for nearly independent...

Agents Take Aim at Zurich Compensation, Disclosure Settlement

Sep 20 2006 // An association for independent insurance agents has 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...

Former Beverly Hills Agents Sentenced for Felony Grand Theft

Sep 19 2006 // A former Beverly Hills, Calif., insurance broker pled guilty to one count of felony grand theft after an investigation by the California Department of Insurance’s (CDI) Investigation Division. Gregory Starrett...

N.J.’s National Atlantic, Commerce Group of Mass. in Talks

Sep 19 2006 // New Jersey property casualty insurer National Atlantic Holdings Company has confirmed that it is engaged in preliminary discussions regarding potential transactions with The Commerce Group, Inc. of Webster, Mass. The...

N.D. Insurance Agent Ordered to Stop Selling Promissory Notes

Sep 18 2006 // A North Dakota insurance agent has been ordered to stop selling promissory notes or other securities after he failed to repay investors, the state securities commissioner says. Securities Commissioner Karen Tyler issued...

Agency Management Resource Group Hosts Agribusiness Conference

Sep 18 2006 // Agency Management Resource Group is hosting its first annual Agribusiness Conference at Lake Shastina Golf Resort in Northern California. The event will be held on Thursday, Oct. 5 and Friday, Oct. 6, 2006, from 8 a.m. to...

Florida’s Commercial JUA Now Open for Small Business Risks

Sep 18 2006 // Originally slated for a Sept. 1 start date, Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. A signing event took place midday on Sept. 15 and by...