Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Financial Planners Pay More Attention to P/C Insurance and Risk Management
Mar 21 2006 // Property/casualty insurance and risk management increasingly play a role in financial planning, according to a survey by the Chubb Group of Insurance Companies. Fifty-seven percent of the 102 financial planners surveyed...
Hub, Citizens Bank on ‘Not Your Typical’ Insurance Agency Deal
Mar 21 2006 // “Not Your Typical Bank,” the slogan used by Citizens Financial Group in its popular consumer-friendly ads, seems to apply to the bank’s latest move, the selling off of its respected insurance agencies. It...
PENN. HALTS ROLE IN AGENTS’ FINGERPRINT AGENCY
Mar 20 2006 // Pennsylvania Insurance Commissioner Diane Koken announced she will stop sending insurance agents’ fingerprints to a national repository, just days after a bill backed by the state’s independent agents that...
Independent Agents Grew Market Share by $12 Billion in 2004
Mar 20 2006 // In 2004, the property-casualty market grew to $457.68 billion in direct written premium, with the overall market increasing by $20.69 billion. During this time, the independent agency system amassed a nearly $12 billion...
To acquire or be acquired–that is the question
Mar 20 2006 // Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs–those big dogs being the banks, the large public brokers and the...
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...
Agents, brokers want Calif. court to depublish opinion
Mar 20 2006 // Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third...
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...
How should agencies manage premium dollars?
Mar 20 2006 // Unlike other sales and service companies, independent insurance agencies have a management function in their daily operations. Most property and casualty insurance agencies agree not only to sell and service insurance...
Harness the power of seminars
Mar 20 2006 // Are you an insurance agent, or are you an insurance educator? If you don’t know the answer, chances are pretty good that you are an agent. Anyone who has sold insurance for even a short period knows that the world is...
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...
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...
