Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
TDI Announces June 2006 Enforcement Actions
Aug 3 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during June. The actions include eight license revocations, three license denials and fines and...
The Drive Group Opens Colorado Data Center
Aug 3 2006 // The Drive Group of Insurance Companies, the largest auto insurer through independent agents and brokers in the country, announced the completion of a new data center and document production facility in Colorado Springs,...
London American Introduces Agents’ E&O Program
Aug 3 2006 // London American Professional Liability LLC, a program administrator and managing general agency, has introduced a new program for independent property/casualty insurance agents’ errors and omissions. The program will...
Western Agents Blast Insurers for Settlements Restricting Compensation
Aug 2 2006 // The Western Insurance Agents Association has issued a statement saying the settlement that St. Paul Travelers has just reached with attorneys general from Connecticut, Illinois, and New York is the latest attempt by an...
AMS Upgrades Sagitta System
Aug 2 2006 // AMS Services announced the general availability of AMS Sagitta 7.0, an agency management system for larger agencies, bank-owned agencies and national brokers. This release includes new security enhancements as well as...
Texas Agent Duplicates First Ever Hole-In-One at Lubbock Golf Course
Aug 1 2006 // An insurance agent playing in a weekend tournament in Lubbock, Texas, followed up his first hole-in-one with another one day later. On the same hole. Using the same club. “I’ve never even heard of such a...
Texas Agent Group Launches Homeowners Market Web Page
Aug 1 2006 // TIP/PIA Texas announced it has set up a special Web page providing information on homeowner markets, in an effort to help with possible solutions in light of the recent problems with Texas Select. This is not an...
St. Paul Settles with Conn,. Ill., N.Y. Attorneys General Over Broker Compensation
Aug 1 2006 // The St. Paul Travelers Companies Inc. has entered into a $77 million settlement with the attorneys general of New York, Connecticut and Illinois, as well as with the New York State Department of Insurance, resolving issues...
House Bill Would Establish National Disaster Commission
Jul 31 2006 // Legislation that would establish a bipartisan national commission tasked with recommending policies to help the federal government prepare for and manage disaster response has been introduced in the House of...
America First Insurance Offers Coverage to Texas Select Policyholders
Jul 28 2006 // Add America First Insurance, a member of Liberty Mutual Group, to the list of insurers that are actively working with Texas agents to assist policyholders with Texas Select Lloyds Insurance Company, which was recently put...
Minn. Plans Program to Raise Public Awareness of Insurance Crimes
Jul 28 2006 // At a rate of about three a day, state Commerce Department regulators have been posting enforcement actions against insurance agencies and companies, real estate agents, mortgage originators, security brokers and...
Orange County Agents and Brokers Host Golf Tournament
Jul 27 2006 // The Independent Insurance Agents and Brokers of Orange County will be hosting its 49th Annual Golf Tournament on Wednesday, Sept. 20th, 2006, at the Tustin Ranch Golf Club. There are three registration fees available: 1)...
Republic Assists Agents in Moving Texas Select Policyholders
Jul 26 2006 // The Republic Group, based in Dallas, announced it is accepting from independent agents policies of former Texas Select customers. The Texas Department of Insurance has mandated that all Texas Select policies will be...
Wis. American Family Honored for Agents’ Customer Service Excellence
Jul 26 2006 // More than 1,350 licensed American Family Insurance agents from throughout the company’s 18 operating states have been recognized for customer service excellence under the J.D. Power and Associates Distinguished...
Broker Security Breach Puts N.Y. Workers’ Comp Clients at ID Risk
Jul 26 2006 // The names, addresses and Social Security numbers of as many as 540,000 injured workers have been lost, and the state and a contracted company are trying to protect the workers from identity theft. In New York, company and...
Agents Again Urge Passage of Surplus Lines Reform Legislation
Jul 25 2006 // As the Non-Admitted and Reinsurance Reform Act of 2006 (HR 5637) makes its way to full committee of the U.S. House of Representatives Financial Services, the American Association of Managing General Agents sent a call to...
Mich. Offers New On-line Payment Option for Agents’ Licenses
Jul 25 2006 // Individuals wishing to become licensed as insurance agents in Michigan may now pay online for their license, Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters announced. The online payment...
Utah Agent Charged with Pocketing Premiums
Jul 25 2006 // Ryan Webb, a Salt Lake County, Utah, insurance agent, was charged with insurance fraud, a second degree felony, unlawful dealing by a fiduciary, a second degree felony, theft by deception, a second degree felony, and...
Riding out soft and hard market cycles with quality relationships
Jul 24 2006 // Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level business course. Theories abound on why and when these cycles occur, but no...
Pay less attention to delinquent accounts, call your good customers
Jul 24 2006 // Agents can make a difference in the perception of the insurance business if, instead of tracking and billing delinquent accounts, they turn everything around and call good customers, Kat Davis of Tower Hill Insurance in...
