Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Productivity Poll
Jan 22 2006 // Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by Wausau Insurance. Eighty-one percent (up from 70 percent...
Ga. Big ‘I’ establishes scholarship fund
Jan 22 2006 // Establishment of a past president’s scholarship fund, to be awarded to the children of member agent’s employees, has been established by the Inde-pendent Insurance Agents of Georgia according to David F. Lewis,...
FAIA proposal to reform Certificates of Insurance
Jan 22 2006 // The Florida Association of Insurance Agents has four key goals to accomplish in 2006 according to Jeff Grady, FAIA president: first, to pass its property insurance market proposal; second, to pass FAIA’s proposal to...
Editor’s Note: Caught in the middle
Jan 22 2006 // State legislatures are meeting, or will soon meet in most southeastern states to consider insurance proposals, many of which attempt to regulate the industry and prepare for the 2006 hurricane season. Associations in...
People
Jan 22 2006 // The Insurance Council of Texas elected James Langford as chairman of its Board of Directors effective Jan. 1, 2006. Langford is the assistant vice president of compliance, regulatory and governmental affairs, and training...
Texas governor to address agents at management seminar
Jan 22 2006 // Texas Gov. Rick Perry will deliver a special luncheon address at the Independent Insurance Agents of Texas’ 43rd Annual Joe Vincent Management Seminar. Nearly 400 of the state’s most progressive and influential...
Producers’ own liability grows as they and their clients expand
Jan 22 2006 // News Currents Property and casualty insurance agents and brokers are being exposed to more lawsuits as they move into unfamiliar products, states and technologies, and as their clients do the same. Cus-tomers and juries...
Only your E&O carrier and your boss care how smart you are
Jan 22 2006 // Different cus-tomers need different styles of presentation, and one way doesn’t work for every account. Recently I won a large account the old fashioned way. I earned it. We insure some local rural water districts....
Big ‘I’s S.C. agenda: Workers’ comp
Jan 22 2006 // Improving the state’s workers’ compensation system, developing coastal property insurance markets and increasing consumer awareness and educating them about insurance issues are key 2006 goals of the South...
People
Jan 22 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents’ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...
Growing Your Property Casualty Agency
Jan 22 2006 // When you encounter an account you can’t competitively place, instead of declining to quote or expending extensive time searching for a viable market, refer the prospect to a competing producer who can easily write...
Closer Look: Producer Liability
Jan 22 2006 // Keeping up with increasing liability as clients expand Property/casualty insurance agents and brokers are being exposed to more lawsuits as they move into unfamiliar products, states and technologies, and as their own...
Spotlight: From Pinstripes to Prison Stripes
Jan 22 2006 // By Susan McKenna Once you get over the fear…you find that people are just people,” Michael “Mickey” Segal, 63, told an ABC-TV news anchor regarding concerns about other prison inmates in his new...
Spotlight: Counseling Buyers
Jan 22 2006 // Multiline Productivity Poll: Agents play key role in understanding risk Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey...
California insurance carriers spent the last part of December jumping through hoops to comply with the California Depart
Jan 22 2006 // Portable persistency discounts helped to encourage competitively priced products that promote comparison shopping. Amid the confusion surrounding the elimination of portable persistency discounts in California, we may have...
News Currents
Jan 22 2006 // Regulatory modernization tops industry’s legislative agenda for 2006 With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in...
Excess, Surplus & Specialty
Jan 22 2006 // Main Street E&S: Why independent agents like backyard brokers In today’s business world, it’s rare to hear a live voice on the other end of a phone call. Most companies, small and large, have succumbed to...
CLOSER LOOK: Excess, Surplus & Specialty
Jan 22 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writers Katrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...
Fitch Predicts Stable Outlook for Broker Industry in 2006
Jan 20 2006 // New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005 because of litigation connected to New York Attorney General Eliot...
AUGIE Launches Agency Survey
Jan 20 2006 // The ACORD-User Groups Information Exchange (AUGIE) reported its benchmark Agency Technology Survey is now available to complete and encourages independent insurance agents and brokers to participate. The Florida...
