Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Hawaii obtains reinsurance to take control of Vesta subsidiary
Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...
People
Aug 7 2006 // FleetRisk Advisors appointed David C. Wagner president and chief operating officer. Wagner previously worked at FleetRisk Advisors from 2004 to 2005 as senior vice president, field operations. Wagner possesses more than 20...
Understanding real estate-related risks
Aug 7 2006 // Throughout California and other states, there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real...
Christina Urias, Arizona, Director of Insurance
Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately — especially since wildfire season in particular extends through September. But the Arizona Department of...
A lot can happen in the auto dealers’ insurance market
Aug 7 2006 // Even with a wave of consolidation through the industry, the number of new and used auto dealerships in the U.S. is close to 100,000, meaning most independent agents have multiple dealers in their own backyards. “We...
House bill would establish national disaster commission with agent member
Aug 7 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...
Congressional hearing held on terrorism and insurance
Aug 7 2006 // News Currents Two U.S. House subcommittees-the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk...
Growth in retail shopping centers a boon for insurance brokers
Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...
Tyler County, W. Va. Agent Pleads Guilty to Fraud
Aug 4 2006 // West Virginia officials say a longtime Tyler County insurance agent has pleaded guilty to fraud. Sistersville resident Bennie H. Kile Jr. of the Kile Insurance Agency admitted he took money and promised customers insurance...
Indiana Insurance Names New President
Aug 4 2006 // Loveland, Ohio-based Indiana Insurance, a member of the Liberty Mutual Group, announced today that Michael D. Connell has been appointed president and chief executive officer, effective August 16, 2006. Connell’s...
Mich. Burns & Wilcox Adds New Director of Branch Development
Aug 4 2006 // Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent Burns & Wilcox, has hired Paul Anderson, CPCU, ARM, AIM, to serve as the company’s director of branch...
Crump Names Sienkiewicz Property Broker
Aug 4 2006 // Natalie Sienkiewicz has joined Crump Insurance Services Northwest as a property broker in the Bothell, Wash., office. Prior to joining Crump, she spent seven years as a package underwriter for Chubb focusing on commercial...
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...
