Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

N.Y. Agents to Honor Harleysville’s Browne as CEO of Year

Dec 6 2005 // The Professional Insurance Agents of New York State Inc. will present Michael L. Browne, president and chief executive officer of Harleysville Insurance, with its Company Executive of the Year award at the 12th annual...

Registered Insurance Brokers of Ontario Accredits StoresOnline Internet Marketing Workshops

Dec 6 2005 // Stores Online, a wholly owned subsidiary of iMergent, announced that registered insurance brokers in Ontario, Canada can earn seven continuing education units by attending StoresOnline’s day-long Internet Marketing...

Willis Acquires Swedish P/C Broker

Dec 5 2005 // Global insurance broker Willis Group Holdings announced that it has agreed to purchase 100 percent of the share capital of Nicon Forsakringsmaklarna AB (Nicon), a property and casualty broker in Southern Sweden which...

N.Y. Court Confirms Agent Not Liable Where Client Fails to Disclose

Dec 5 2005 // The Supreme Court of the State of New York, County of Nassau, has reversed a lower court decision that found an insurance agent could potentially be held responsible for misrepresentations in a life insurance...

Insurance Agent Arraigned on Felony Charges and Grand Theft

Dec 5 2005 // An insurance broker-agent has been arraigned in Los Angeles County Superior Court on two felony counts of financial elder abuse and four felony counts of grand theft following a two-year investigation by the California...

Agent-Carrier Partnerships Need Goal Clarity and Exit Strategy

Dec 5 2005 // The carrier executive tried to pin down agents on what they wanted from their insurers. Among the vague responses of exclusivity, underwriting authority and respect, one complaint stood out. “When asked about why he...

Cronin, Farrelly Named To Represent Plymouth Rock with Conn. Agents

Dec 5 2005 // Plymouth Rock Assurance Corporation, a Boston-based auto insurer, has appointed Matthew H. Cronin as senior marketing representative in Connecticut and Sean P. Farrelly as marketing representative in Connecticut. In this...

Conn. Proud of Its ‘Common Sense’ Compensation Disclosure Law

Dec 5 2005 // States in search of a “common sense” approach to insurance producer compensation disclosure might consider talking to Connecticut officials, that state’s commissioner recently proposed. “I’m...

Words Are Key When Program Managers and Carriers Put Vows In Writing

Dec 5 2005 // Program Managers Urged to Protect Themselves When Negotiating Carrier Contracts As in a marriage, if it’s a good relationship, the parties never have to consider the contract. But if things go badly, words mean...

AGENTS BACK EXPENSE FORMULA:

Dec 5 2005 // The Professional Insurance Agents of New Jersey Inc. recently supported the New Jersey Department of Banking and Insurance’s proposal to change the method for calculating the maximum allowed expense limits for...

How Program Managers Can Avoid the Courthouse Blues

Dec 5 2005 // The little old lady from San Francisco rejected an earthquake endorsement on her homeowners coverage, only to have her home later destroyed by earthquake. Her family sued the agent, the case went to trial, and the jury...

Agent-Carrier Partnerships Need Goal Clarity and Exit Strategy, Not Love

Dec 5 2005 // The carrier executive tried to pin down agents on what they wanted from their insurers. Among the vague responses of exclusivity, underwriting authority, respect and long-term relationships, one complaint stood out. When...

Mississippi Insurance Commissioner George Dale Serving Eighth Term

Dec 5 2005 // In public and in an interview with Insurance Journal, Misissippi Insurance Commis-sioner George Dale comes across as a laid-back Mississippi farm-boy, but the commissioner, who has been reelected for eight terms, has...

Promoting the Industry to Students

Dec 5 2005 // At several recent conferences speakers emphasized low employment rates are having a detrimental effect on their efforts to find qualified employees to work in the insurance industry. Efforts to find new employees are a...

Ease of Doing Business Survey Sets Benchmark for Carriers to Follow

Dec 5 2005 // Insurer Performance Ranks Well on Average, But Many Could Improve on Key Factors Ease of Doing Business (EDB) has been a bit like the weather–everybody talks about it, but doing something about it is another matter....

FAIA YOUNG AGENTS COUNCIL FORMED

Dec 5 2005 // A new Young Agents Council has been formed by the Florida Association of Insurance Agents in Tallahassee, Fla., to perpetuate the future of the independent insurance agency system by serving as a unified voice of young...

Agent-Carrier Partnerships Need Goal Clarity and Exit Strategy, Not Love

Dec 5 2005 // The carrier executive tried to pin down agents on what they wanted from their insurers. Among the vague responses of exclusivity, underwriting authority, respect and long-term relationships, one complaint stood...

A New Home for Lower Value Dwellings

Dec 5 2005 // Heartland Marketing Group Inc. recently introduced a new market for lower valued homes, including mobile/manufactured home, travel trailer and stand-alone dwelling fire risks. Offered through Aegis Security Insurance...

Words Mean a Lot in Vows Between Program Administrators and Carriers

Dec 5 2005 // As in a marriage, if you’re in a good relationship, you never have to consider the contract. But if things go badly, words mean everything,” Greg Thompson, president of THOMCO brokerage in Kennesaw, Ga., told...

MIAMI/DADE COUNTY YOUNG AGENTS

Dec 5 2005 // More than 40 property and casualty producers, company representatives, association members, and life and health representatives attended a recent party in Coral Gables at which everyone celebrated the formation of the...