Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Legal and effective incentive compensation still under fire
Jun 5 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...
Legal and effective incentive compensation still under fire
Jun 5 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...
Safeco adds online distribution strategy to sell direct to consumers
Jun 5 2006 // Seattle-based Safeco Insur-ance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. Safeco began exploring this new...
Agents have until Oct. 1 to register in Florida’s Agency Licensing System
Jun 5 2006 // Florida insurance agents have until Oct. 1 to complete their registration in the Department of Financial Services new Agency Licensing System. Hazel Muhammad, director of the Bureau of Licensing, was one of the featured...
Only 12 of 18 perils happen in Florida, ‘So what’s your problem?’ quips moderator
Jun 5 2006 // The country has experienced 18 different types of natural disasters, while Florida deals with “only” 12 of these perils. Yet insurers and consumers have big problems in Florida. “When you go through the...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...
Insurance industry lags behind in technology but consumers can help
Jun 5 2006 // Brokers work in the trenches — acquiring clients, searching for the right coverage, writing policies and getting compensated. It is technology that makes their jobs easier and it should be welcomed. Better efficiency...
Management by the numbers
Jun 5 2006 // Management is both an art and a science. Most agency owners forget about the science part. That is because owners typically are not formally trained in management techniques. Interestingly enough, the “art”...
Millions of renters lack insurance, says Trusted Choice survey
Jun 5 2006 // Almost 25 million U.S. families renting their homes are going bare on insurance coverage, leaving themselves vulnerable to serious property and liability losses. Many renters without coverage own valuable, high-tech...
Big ‘I’ Bob Rusbuldt is on the job
Jun 5 2006 // Rusbuldt, chief executive officer of the Independent Insurance Agents and Brokers of America, needs no introduction to independent agents, insurance company executives or the power brokers in Washington, D.C., before whom...
Legal and effective incentive compensation still under fire
Jun 5 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...
People
Jun 5 2006 // Boston-based insurance broker William Gallagher Associates has promoted Mary McMahon-Burke, Brian Kelleher and Diane Bradley to vice president. McMahon-Burke has 25 years experience in the insurance industry, and provides...
People
Jun 5 2006 // Zurich announced that Oliver Ade has been named regional executive for the company’s North Central Region. Ade will be responsible for all business operations within the region, including profit-and-loss objectives,...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
Legal and effective incentive compensation still under fire
Jun 5 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...
People
Jun 5 2006 // Oklahoma City-based managing general underwriter and third party administrator Midlands Management Corporation appointed Pamela McMillan Eyerly to the position of vice president of Human Resources. She will manage...
Safeco adds online distribution strategy to sell direct to consumers
Jun 5 2006 // Seattle-based Safeco Insur-ance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. Safeco began exploring this new...
Arthur J. Gallagher lacked authority to issue additional endorsements
Jun 5 2006 // A California court has found Arthur J. Gallagher had no authority to issue additional insured endorsements in a high-exposure construction defect litigation. The court ruled California law prohibits the issuance of...
People
Jun 5 2006 // Marsh & McLennan Co. Inc. named Stephen R. Hardis non-executive chairman of the board at its annual shareholder meeting. Hardis succeeds Robert F. Erburu, who is retiring from the board after reaching the...
Ex-Tyco CEO Kozlowski Seeks Insurance Broker’s Documents
Jun 4 2006 // Former Tyco CEO L. Dennis Kozlowski is asking a court to force a Bermuda insurance broker to hand over documents related to whether an insurer must pay his legal bills of almost $17.8 million (euro14 million). In papers...
