Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Fairmont, W. Va. Agent Pleads Guilty to One Embezzlement Count
May 13 2006 // Shawn Edwin Linger, of Fairmont, W.Va. has pleaded guilty to one felony count of embezzlement, according to Insurance Commissioner Jane L. Cline. Linger admitted to taking more than $18,000 in premium payments made to his...
Pacific Wholesale Insurance Brokers Names Belgarde SVP
May 12 2006 // Pacific Wholesale Insurance Brokers, LLC (PWIB) has named Renee K. Belgarde as senior vice president and West Coast property director. Belgarde has been in the insurance industry for 23 years. She worked 10 years on the...
IIAT Conference on Track for Houston June 15-16
May 12 2006 // The Independent Insurance Agents of Texas will hold its 109th Conference & Trade Show June 15-16, 2006, at The Westin Galleria in Houston. The association noted that the 109th annual conference features an impressive...
Agents Hail Passage of Tax Legislation
May 12 2006 // The Senate late yesterday passed the conference report on the bill, the Tax Increase Prevention and Reconciliation Act, on the heels of House passage Wednesday night. The tax-cut bill, supported by independent insurance...
Acordia Acquires Assets of Key Insurance Agency
May 10 2006 // Acordia Inc. has acquired the assets of Key Insurance Agency LLC in Wasilla and Anchorage, Alaska. This is the Acordia’s 17th acquisition in 11 states the past three years — the second in Alaska. The...
Brunelle Joins Noodle Specialty Brokers
May 9 2006 // Lisa Brunelle, 43, has joined the Underwriting Department of Noodle Specialty Brokers (NSB), a division of InsuranceNoodle, as a vice president responsible for underwriting private company middle-market business. Prior to...
G.J. Sullivan Excess and Surplus Goes Online for Business Owners Policies/Commercial Auto Risks
May 9 2006 // G.J. Sullivan Co., Orange, Calif., has announced that agents in California and Arizona can now go online to www.gjsullivan.com to rate business owners policies and commercial auto risks 24 hours per day.. The online rating...
Networked Insurance Agents Appoints Staffhorst as Territorial Sales Vice President in the Rocky Mountain Region
May 9 2006 // Networked Insurance Agents, a professional account placement organization headquartered in Grass Valley, Calif., has appointed Will Staffhorst as territorial sales vice president, in Colorado, New Mexico and...
Lockton Insurance Brokers’ CEO Noonan Honored for Community Service
May 9 2006 // Timothy J. Noonan, president and CEO of Lockton Insurance Brokers, Inc. based in Los Angeles, was recently honored by Phoenix House during its third annual “Triumph for Teens” Awards Gala at the Four Seasons...
American Association of Managing General Agents Gains Exclusive License for London Market Insurance Test
May 9 2006 // The American Association of Managing General Agents announced that it has an exclusive license with the Chartered Insurance Institute to offer the Lloyd’s of London Market Insurance Test. Passing the test is required...
Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management
May 9 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep...
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...
