Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Editor’s Note: 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...
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, 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....
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...
People
May 8 2006 // Andrew J. Valdivia has been elected president of White & Co. Insurance Inc., of Santa Monica, Calif., and will be responsible for property and casualty sales, account development and account management. Valdivia was...
News Currents
May 8 2006 // ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with...
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.)...
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...
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...
Liberty Mutual Opts to Fight, Not Settle, Charges Over Contingent Commissions, Account Steering
May 7 2006 // Unlike American International Group, Zurich, ACE and other insurers that have settled similar charges, Liberty Mutual Insurance Group has decided to fight allegations of anti-competitive practices that have been brought...
Agents’ Group Answers Nine Questions About Poe Financial, Its Subsidiaries
May 5 2006 // Nine questions and answers about the receivership and status of Poe Financial Corp.’s subsidiaries Southern Family and Atlantic Preferred have been provided to Professional Insurance Agents of Florida members who...
Former California Agent Charged with Fraud, Grand Theft
May 5 2006 // Donald Paul Hardwick, 43, of Fresno, Calif., has been charged with three felony counts of insurance fraud, theft of insurance funds and grand theft by embezzlement, stemming from investigations conducted by the California...
Swett & Crawford Appoints New Staff Nationwide
May 5 2006 // Swett & Crawford has announced new additions to their staff in offices nationwide. Margaret Jacobs moves to the Swett & Crawford Chicago office as director, Healthcare Practice Group, from Aon Risk Services where...
Texas Agent Group Supports Increase in Windstorm Limits
May 4 2006 // The Independent Insurance Agents of Texas announced its support of the proposal by the Texas Windstorm Insurance Association (TWIA) to increase commercial and government building limits to $3 million. IIAT Executive...
Wholesale Broker Mercator Adds 3 to Southeast Team
May 4 2006 // Mercator Risk Services, an independent wholesale insurance broker based in new York, has added three members to its growing casualty practice. Win Carroll, Marshall Overacre, and Anne Picheta have joined Mercator’s...
Flood Insurance Class Slated May 17 by Dade County, Fla. Big ‘I’
May 3 2006 // “The Reality of Flood Insurance,” a three-hour continuing education course, will be presented by Shawn Tinsley during a three-hour continuing education curse sponsored on May 17 by the Independent Insurance...
Ga. Rep. Kingston Honored as ‘Legislator of the Year’
May 2 2006 // U.S. Rep. Jack Kingston (R-Ga.) was honored with the Gerald Solomon-Legislator of the Year Award for his efforts in Congress on a number of important insurance issues during the Big ‘I’ National Legislative...
Rayburn to Discuss Legislative Changes at Dade County Big ‘I’ Meeting
May 2 2006 // Florida’s 2006 legislative sessions and new updates and changes that will affect insurance agencies will be discussed by Keri Rayburn, Independent Insurance Agents of Dade County legislative consultant, during the...
N.C. ‘Young Agents’ Meet Congressional Leaders in Washington
May 2 2006 // Members of the Independent Insurance Agents of North Carolina traveled to Washington, DC last week for the Independent Insurance Agents and Brokers of America’s April 26 to 28 National Legislative Conference. The...
Wilson Honored with Big I Woodworth Award
May 2 2006 // David F. “Bud” Wilson has been awarded the most distinguished honor the Independent Insurance Agents & Brokers of America (the Big “I”) bestows upon an individual. He was presented with the...
