Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Independent agents sold on golf
Aug 21 2006 // It seems nearly every insurance convention or meeting is conjoined with a corresponding golf outing. Why do agents and industry partners play golf? What about those who do not? And what makes a good agent golfer? Insurance...
Independent agents sold on golf
Aug 21 2006 // SPECIAL REPORT: It seems nearly every insurance convention or meeting is conjoined with a corresponding golf outing. Why do agents and industry partners play golf? What about those who do not? And what makes a good agent...
Safeco Launches Instant Auto Endorsement Processing
Aug 18 2006 // Seattle-based Safeco has introduced online technology that allows independent agents to make instant changes to clients’ commercial auto policies. The real-time capability cuts a one-week process into a two-minute...
Ga. Commissioner Revokes License of Stockbridge Agent
Aug 18 2006 // Georgia Insurance Commissioner John W. Oxendine has issued an order revoking the license of a Stockbridge insurance agent who was allegedly allowing his father to sell policies, though the father had surrendered his...
Penn. Court: Brokers Have No Duty to Inspect Property for Flood Insurance
Aug 18 2006 // A national insurance trade said it supports the recent Superior Court of Pennsylvania’s decision in the case of Wisniski v. Brown & Brown Insurance Co., that ruled insurance brokers do not have a duty to inspect...
Big I Virtual University Adds Podoshen to Staff
Aug 16 2006 // The Big “I” Virtual University (VU) has appointed Michael Podoshen, former assistant vice president of personal lines and corporate risk manager for Insurance Services Office Inc,. as its 50th expert. Podoshen...
Associations Oppose Eliminating Contingent Commissions
Aug 16 2006 // The Alliance of Insurance Agents and Brokers has joined the Independent Insurance Agents and Brokers of America (IIAB) and Western Insurance Agents Association (WIAA) in criticizing regulators and public officials who seek...
HKMB Names Parker VP/Surety Solutions
Aug 15 2006 // Canada’s HKMB International Insurance Brokers announced that Kelly A. Parker has joined the firm’s Toronto office as Vice President & Practice Leader, HKMB Surety Solutions. She “will join...
Lloyd’s Warns on Australian Stock Broker Coverage
Aug 14 2006 // Lloyd’s issued a bulletin warning that an Australian stock brokerage firm called The Armitage has been falsely claiming to have coverage from Lloyd’s. Lloyd’s said it “has become aware” that...
Ohio SeibertKeck Names New President
Aug 14 2006 // SeibertKeck Insurance Agency, Inc., based in northeast Akron, Ohio, has announced the appointment of Craig A. Hassinger to the position of president of the organization. He will report to chairman and chief executive...
Agents Association Accuses Garamendi of Using Office to Win Votes
Aug 14 2006 // The Western Insurance Agents Association, Rancho Cordova, Calif., has issued a statement responding to California Insurance Commissioner Garamendi’s auto rate regulations. It reads: Americans would be hard pressed to...
Fla. Charges Agency with ‘Sliding’ Ancillary Costs onto Auto Policies
Aug 14 2006 // Tom Gallagher, Florida’s chief financial officer, said he has filed administrative charges against 12 agents and customer representatives of Direct General Insurance Agency for “sliding” ancillary...
California Imposes New Ethics Regulations on Broker-Agents
Aug 11 2006 // The California Department of Insurance has issued a notice informing insurance producers of new ethics regulation requiring all fire and casualty broker-agents and life agents to complete four- hour “ethics...
Oak Street Funding Finalizes Quarter Billion Capital Deal
Aug 11 2006 // Indianapolis-based Oak Street Funding has raised more than a quarter billion dollars in capital through loans completed with Germany-based DZ Bank AG Deutsche Zentral-Genossenschaftsbank and Boston-based NewStar Financial....
Nine Players – Including Agent – in World Series of Poker
Aug 10 2006 // Nine players — four pros, a former talent agent, an insurance broker, an ad salesman, a recent college grad and a retired businessman — were all that remained from a field of more than 8,700 hopefuls vying for...
U.S. Surplus Lines Brokers Detailed on Lloyd’s Website
Aug 9 2006 // Lloyd’s has placed detailed information on U.S. surplus lines brokers on its Website www.lloyds.com/us. The information available will “help the market verify the license details of surplus lines...
Virginia Advises Insurance Agents of Security Breach
Aug 8 2006 // Virginia’s Bureau of Insurance is advising all insurance agents in the state that their social security number may have been accessible on the bureau’s website for a six-week period of time. The social security...
Singapore Brokers Give Chubb ‘Best Claims Service’ Award
Aug 7 2006 // Members of the Singapore Insurance Brokers Association recently voted Chubb as having the “Best Claims Service.” This is the second consecutive time Chubb has won the award and the fifth consecutive time it...
Julie Benafield Bowman
Aug 7 2006 // Like insurance commissioners in other states, Arkansas Insurance Commis-sioner Julie Benafield Bowman, is keeping an eye on catastrophe issues and the availability of insurance related to them. Unlike commissioners in...
Companies step up to take Texas Select policyholders
Aug 7 2006 // 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 previously...
