Latest Agencies Headlines

Illinois freshman regulator McRaith gives insurance view from Midwest

Jun 19 2006 // Question: What is the specific impact of the 2005 catastrophes on the Midwest? McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly...

Jun 19 2006 // People PMA Insurance Group has promoted Elaine Manchon to assistant vice president for commercial markets underwriting. Manchon, who will join PMA’s corporate headquarters staff in the company’s Blue Bell,...

Fla. insurance veteran Gallagher, 79, litigation, acquisition expert

Jun 19 2006 // Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away in Miami June 1. Gallagher had more than 50 years of insurance industry experience. Gallagher was formerly associated...

Legal and effective incentive compensation still under fire

Jun 19 2006 // There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually...

By William G. Stiglitz

Jun 19 2006 // Legal and effective incentive compensation still under fire There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their...

News Currents

Jun 19 2006 // CAT response vehicle ready just in time for Tropical Storm Alberto Florida insurance agents rolled out a new, state-of-the-art catastrophe response vehicle just in time for the arrival of Tropical Storm Alberto. At press...

Fla. insurance veteran Gallagher, 79, litigation, acquisition expert

Jun 19 2006 // Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away peacefully in Miami June 1. Gallagher had more than 50 years of ins insurance industry experience. Gallagher was...

People

Jun 19 2006 // Combined Agents of America LLC (CAA), based in Austin, Texas, announced its newly elected 2006 management committee. Each management committee member is elected to serve a two-year term and is selected by CAA’s Board...

News Currents

Jun 19 2006 // California considering new mileage verification rules Insurance brokers and agents could be required to verify odometer readings for new and renewal automobile insurance policies under amendments the California Department...

New risks, laws continually expand employers’ liability

Jun 19 2006 // While insurance agents and brokers probably know employment practices liability should not be taken lightly, they might not be aware of new coverage issues and trends, according to Patricia Carlson of the Insurance Skills...

A lawsuit in the making – the EPLI insurance application

Jun 19 2006 // Every day, the Equal Employment Opportu-nity Commission receives some 200 new employment practices liability complaints alleging discrimination based on race, sex, national origin, religion, retaliation, age and...

Pay less attention to delinquent accounts, call your good customers

Jun 19 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...

Things that should keep you awake at night

Jun 19 2006 // The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The...

Jun 19 2006 // People Scott A. Adamsons joined InsurBanc as vice president of sales and business development. The Farmington, Conn.-based company also hired Marie R. Rider to be vice president and director of marketing. Adamsons will...

Ill. Arthur J. Gallagher & Co. Acquires Lemac & Associates

Jun 16 2006 // Itasca, Ill.-based Arthur J. Gallagher & Co. has announced that its subsidiary, Risk Placement Services, Inc., has acquired Lemac & Associates, Inc., headquartered in Los Angeles, Calif. Terms of the transaction...

New Property and Casualty Insurer Opens in Irving, Texas!

Jun 16 2006 // Irving, Texas – A new Property and Casualty insurer, Homeowners of America Insurance Company, has opened in Irving, Texas. Homeowners is a Texas company specializing in protecting residential property for Texans. In...

Gales Creek Offers Community Development Program to Agents

Jun 15 2006 // Portland, Ore.-based Gales Creek Insurance Services, Inc. (GCIS) has announced that it is offering its Community Development Corporation (CDC) program to insurance agents and brokers nationally, effective Thursday, June...

Symington Tells Miss. Big ‘I’: Federal Charter a ‘Recipe for Disaster’

Jun 15 2006 // If a mandatory or even an optional federal charter is implemented in Washington, D.C., it will be a “recipe for disaster,” a top insurance agent lobbyist has warned. Charles E. Symington, Jr., told more than...

Bollinger Acquires 2 More N.J. Agencies, Hopgood and Windsor

Jun 15 2006 // Bollinger, Inc., a national privately held insurance broker, has acquired Windsor Benefit Consultants, Inc. and James E. Hopgood & Associates of Denville, N.J. Both firms’ employees will relocate to...

Agent Asks N.Y. High Court to Overturn John Hancock Ruling

Jun 14 2006 // Attorneys for life insurance agent Sherwood Schwarz have asked the New York State Supreme Court to overturn an arbitration award in favor of the John Hancock Insurance Company that they maintain denied him $30 million in...