Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Big ‘I’ Honors Calif.’s Wilson with Woodworth Award
May 8 2006 // David F. “Bud” Wilson received the most distinguished honor the Independent Insurance Agents & Brokers of America (the Big “I”) bestows upon an individual when he was presented with the...
Big ‘I’ Agents Name Georgia’s Kingston Top Legislator
May 8 2006 // The Independent Insurance Agents & Brokers of America (the Big “I”) has presented the Gerald Solomon-Legislator of the Year Award to U.S. Rep. Jack Kingston (R-Ga.) for his efforts in Congress on a number...
Mass. Agent Hofmann Honored By Nation’s Agents for Legislative Work
May 8 2006 // The Independent Insurance Agents & Brokers of America (the Big “I”) has honored a longtime Massachusetts agent leader for his legislative accomplishments. Belmont, Mass. agent William Hofmann III, CPCU,...
Colin Powell Tells Agents: America Needs More Investment in Education
May 8 2006 // Gen. Colin L. Powell, USA (Ret.) told a gathering of independent insurance agents that the country should invest more in education. Powell, a former Secretary of State in the Bush Administration, also discussed the...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, (the Big “I”) strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.)...
Hurricane winds could be felt in professional liability markets
May 8 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...
N.Y. AGENTS SEE E&O TROUBLE
May 8 2006 // New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has warned. The city’s transportation...
Products Liability = Risk Identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operational exposure, and insurance agents don’t understand it, and the public’s understanding is even more...
$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.
May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.) and his colleague, Sen....
Tornados foretell things to come
May 8 2006 // As emergency planners and hurricane experts from across the U.S. met in April to plan and prepare for the hurricane season, the timing couldn’t have been better, as massive twisters roared down “tornado...
Tornado ploughs across Tenn., Ky., resulting in thousands of claims
May 8 2006 // In the aftermath of a large F-3 to F-4 tornado, hundreds of carriers and insurance agents in northern Tennessee and southern Kentucky are paying hundreds of claims. The storm formed April 7 at about 7 p.m., touching down...
Products liability = risk identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operation exposure, and if agents don’t understand it, public understanding is even more limited. Insurance companies are...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, (the Big “I”) strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.)...
ACE settles bid-rigging case for $80 million
May 8 2006 // Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and...
FOUNDER OF CALIF.-BASED BOLTON & CO. PASSES AWAY
May 8 2006 // Dorance Dean Bolton, founder of Pasadena, Calif.-based Bolton & Company Insurance Brokers, passed away on April 21, 2006, at the age of 96. Bolton was a pioneer Southern California insurance broker and was a founding...
Hurricane winds could be felt in professional liability markets
May 8 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...
A young agent’s tricks and treats
May 8 2006 // Like many of you, I started my insurance career with an empty desk and a phone. Over the years, I have learned some tips or “tricks” that I have used effectively to generate sales. Cold calling was the first...
Accounts ‘not’ for sale: Defining account ownership
May 8 2006 // The value of most businesses is predicated upon that business’ ability to “control” its clients and accounts. For insurance agencies, the business’ value assumes that the agency “owns”...
Checking-in on hospitality coverage
May 8 2006 // As an agent or broker serving the hospitality market, you’ve enjoyed many coverage options at lower premiums in the last few years. In fact, you’re probably still delivering good news to your clients about...
