Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Kirchner Joins PWIB Texas as Senior Underwriter/Broker
Mar 20 2006 // PWIB Texas reported that Russ Kirchner has joined the company as senior underwriter/broker. Kirchner will work out of PWIB Texas’ San Antonio office at 1380 Pantheon Way, Suite 390. Kirchner has 35 years’...
What brokers need to watch for in Oil & Gas coverage
Mar 20 2006 // There are common problems that may arise in the provision of coverage for Oil & Gas operators. Among those for which the broker should be on the lookout are: The International Association of Drilling Contractors...
Calif. Insurance Commissioner Candidate Bustamante to Address Latin American Agents
Mar 20 2006 // California Insurance Commissioner Candidate Cruz Bustamante, currently the Lieutenant Governor, will be speaking at the Latin American Agents Association (LAAA) meeting, slated for Thursday, April 6th at 7 p.m. Bustamante...
Citizens Financial banks on ‘not your typical’ insurance agency sale
Mar 20 2006 // Not Your Typical Bank,” the slogan used by Citizens Financial Group in its consumer ads, seems to apply to the bank’s latest move, the selling off of its respected insurance agencies. It is not a typical sale....
Agents: Federal proposal will be Trojan horse for optional federal charter
Mar 20 2006 // The National Association of Professional Insurance Agents recently reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to...
Chicago’s Specialty Underwriters’ Alliance Expands to Include Trucking
Mar 20 2006 // Specialty Underwriters’ Alliance, Inc. today announced that it amended its Partner Agent Program Agreement with American Team Managers to include specialized local and intermediate trucking. ATM will provide...
Texas, Louisiana surplus lines premium decreases in 2005
Mar 20 2006 // Insurance Journal South Central–Arkansas, Louisiana, Oklahoma and Texas–vary widely in the amount of premium written in any given year. Texas has the biggest surplus lines market, followed by Louisiana,...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Mostly A-OK with IIAOK
Mar 20 2006 // Surplus lines laws, uninsured drivers and the broadening of banking powers top the Indepen-dent Insurance Agents of Okla-homa’s list of key issues for its 2006 legislative agenda according to Dan Ramsey, the...
Jury awards Ark. agent more than $2.5 million
Mar 20 2006 // A Pulaski County Circuit Court jury awarded a Little Rock, Ark., insurance agent more than $2.55 million dollars in alleged unpaid salary and commissions in a case involving Aon Risk Services of Arkansas Inc. and Aon Risk...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Legislators hear insurance industry’s resounding voice after the storm
Mar 20 2006 // Sound, up-to-date and successful building codes are essential for construction, but codes must also be enforced and continuously updated to effectively contribute to disaster mitigation, said Leonard C. Brevik, National...
Top brokers, agents head for idea exchange at Hawaii bungalows
Mar 20 2006 // Senior executives and producers are scheduled to meet and exchange “cutting edge” ideas at the Insurance Brokers and Agents of the West (IBA West) Blue Ribbon Conference on the Big Island, Hawaii, on April...
Not all Oil & Gas programs are created equal
Mar 20 2006 // What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique...
By Patricia A. Borowski
Mar 19 2006 // While Congress’ insurance regulatory reform efforts appear stalled as 2006 begins, it is important to note that the states continue to move forward. These efforts require all the states to continue to move their...
Marsh Lawyer Says Fla. AG Ignores State Settlement
Mar 19 2006 // An attorney representing Marsh & McLennan says that a lawsuit filed by Florida authorities accusing Marsh of lying to clients and receiving improper commissions never should have been filed. The giant insurance...
Zurich, 9 States Settle Bid-Rigging Case for $171 Million
Mar 19 2006 // Texas Attorney General Greg Abbott reported that Texas and eight other states have reached a $171 million settlement with Zurich American Insurance Co. relating to bid-rigging and price-fixing in the commercial insurance...
SPECIAL REPORT: Surplus Lines
Mar 19 2006 // With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry...
National Association of Insurance Commissioners
Mar 19 2006 // The Antifraud Task Force cited the need for a uniform database that would allow state authorities to track vehicles damaged by floods. Federal Bureau of Investigation targeting insurance fraud Agent reports to insurance...
W.Va. Commissioner Cline Tells Big ‘I’ about Fraud Unit’s status; group hears catastrophe tips
Mar 19 2006 // David Daniel gives tips about how independent agents can prepare for disasters. The Insurance Commission’s status was discussed by Commissioner Jane Cline, and J. David Daniel, a member of the Big “I”...
