Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Cautionary tale on switching cargo
Feb 5 2006 // Agents new to the transportation insurance field must be careful of exclusions-especially when it comes to motor truck cargo. This frequently arises where an agent is switching coverage from one carrier to the next. Maybe...
Closer Look: Motor Carrier Cargo
Feb 5 2006 // Producers advised to work closely with a wholesaler or carrier that knows transportation contracts Transportation insurance and, more specifically, motor truck cargo insurance are not fields where an agent should dabble...
2005 delivers mixed bag for property/casualty brokers
Feb 5 2006 // Stock Prices: In terms of stock prices for property and casualty brokers, the year was mixed. With its stock up 54 percent, Aon experienced a remarkable year. However, Marsh and McLennan’s woes continued as its stock...
Minding Your Business
Feb 5 2006 // Agency value and price-what sellers can expect to put in their pocket Today there is constant attention by those asking agency owners to think about selling or merging with them, so the owner can pursue his or her hopes,...
Compensation overall
Feb 5 2006 // Last year was not a big year for raises in independent insurance agencies as salaries in many agencies across the county stayed right where they were in 2004. Producer commission rates stayed the same also. More than 1,000...
San Antonio Agents to Hold Workers’ Comp Class
Feb 3 2006 // The Independent Insurance Agents of San Antonio will hold a workshop on the Texas workers’ compensation on March 9, 2006, in San Antonio. “Workers’ Comp: Navigating the Texas Experience Rating,”...
Insurance Skills Center Hosts E&O Classes Throughout California
Feb 2 2006 // Insurance Skills Center, Huntington Beach, Calif., will be presenting errors and omissions classes throughout California that focus on the new issues of permanent digital retention of records, the increased exposure to the...
Fla. CPCU Speaker Outlines Certificates of Insurance Terms, Provisions
Feb 2 2006 // “Certificates of Insurance: The Second Most Dangerous Piece of Paper,” including specifics about various insurance contract terms and provisions, and what to do and not to do with certificates of insurance were...
Softech Simplifies Access to Instant MVRs from any Comparative Rater Nationwide
Feb 2 2006 // Softech International announces that it is now providing agent/brokers and carriers with instant access to Motor Vehicle Records (MVRs) from within all major comparative raters nationwide. Now customers can access MVRs...
Big ‘I’ Seeks Comprehensive Flood Reform as Committee Holds Hearing
Feb 2 2006 // The Senate Banking Committee’s discussion on Thursday of proposed reforms to the National Flood Insurance Program (NFIP) was reportedly an important step, and the Independent Insurance Agents & Brokers of...
N.J. Agent Pleads Guilty to Stealing Nearly $100,000 in Premium Money
Feb 1 2006 // New Jersey Division of Criminal Justice Director Vaughn L. McKoy reported that a Cumberland County insurance agent has pleaded guilty to theft for stealing nearly $100,000 in insurance premium money from insurance...
PWIB Texas Adds Taylor as Associate Underwriter/Broker
Feb 1 2006 // Dallas, Texas-based PWIB Texas, a division of Insurance Specialty Group (ISG), announced the addition of Josh Taylor as an associate underwriter/broker. Taylor formerly served as an assistant underwriter with a managing...
Worldwide Facilities Adds Brokers in Los Angeles, Seattle
Feb 1 2006 // Los Angeles-based Worldwide Facilities Inc. has hired several new property and casualty brokers for its offices in Los Angeles and Seattle. Bob Markese joins as vice president in the Los Angeles office.He spent the past 8...
‘Big I’ Says Survey Will Help Strengthen Independent Agency System
Feb 1 2006 // The Independent Insurance Agents & Brokers of America is encouraging all members of the independent agency system to take part in the ACORD-User Groups Information Exchange’s (AUGIE) benchmark Agency Technology...
Missouri Agent Found Guilty of Selling Fraudulent Investments
Jan 31 2006 // A Springfield, Mo. insurance agent was found guilty this month of illegally selling unregistered investments, a crime that contributed to dozens of Ozark area residents losing millions of dollars. Former insurance agent...
Guy Carpenter Unveils Report on Jan. 1 Property Reinsurance Renewals
Jan 31 2006 // Guy Carpenter & Company Inc. reported the publication of Property Specialty Update – 1 January 2006 Renewal Season Overview, an in-depth report on the Jan. 1, 2006 property renewal season. The study, which...
Higginbotham & Associates Adds P/C Broker in Dallas Office
Jan 31 2006 // Fort Worth-based Higginbotham & Associates named recent college graduate Drew Robinson an account executive in its Dallas office. Robinson is a December 2005 graduate of Ouachita Baptist University, Arkadelphia, Ark.,...
‘Agency Licensing’ Feb. 1 Latin Agents Meeting Topic
Jan 30 2006 // “Agency Licensing, are you prepared?” will be discussed by Keri Rayborn of Rayborn Consultants during the Feb. 1 monthly dinner meeting of the Latin American Association of Insurance Agencies in Miami,...
‘Big I’ Calls for Implementation of Real-Time Multiple Company Rating
Jan 30 2006 // The Independent Insurance Agents & Brokers of America (IIABA) is calling for the industry to accelerate current efforts to implement real-time multiple-company rating. “Real-time multiple-company rating was a...
Mandates, Regulations Key Topics During W.Va. Big ‘I’ Feb. 12-13 Legislative Topics
Jan 26 2006 // An update describing local, state and national industry and government issues, focusing on the latest legislative topics affecting the insurance industry and independent insurance agents in West Virginia will be held...
