Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
PIA of La. Resolutions Seek Hurricane Relief Assistance
Dec 12 2005 // Thanking insurance carriers on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work and assistance in the aftermath of Hurricanes Katrina and Rita, the Professional...
Arthur J. Gallagher & Co. Names Golden Northeast Regional Manager for Brokerage Retail Division
Dec 7 2005 // Arthur J. Gallagher & Co. announced that Michael Golden has been appointed Northeast Regional Manager of the company’s Brokerage Retail Division. He will report directly to James Gault, president of the...
EsSix in La. to Provide Agents Access to Farmers’ Products
Dec 7 2005 // The Farmers Insurance Group of Companies and EsSix agency in Baton Rouge, La., announced they have joined forces to allow Louisiana agents a way to write Farmers business through EsSix. “We are really looking forward...
IIASA to Present CE Seminar on Third Party Coverage Issues
Dec 7 2005 // The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar on third party coverage issues on Dec. 14. The seminar will be presented by Fred L. Shuchart of Kroger, Myers, Frisby...
Balboa Stops Writing Non-Standard Business in Alabama
Dec 7 2005 // Balboa has notified the Independendent Insuarnce Agents and Brokers Association that as of Dec. 30 it will no longer be writing non-standard business. IIABA is waiting on communication from Balboa regarding how they plan...
House of Representatives Passes Terrorism Insurance Bill
Dec 7 2005 // Legislation that will extend the 2002 Terrorism Risk Insurance Act for an additional two years passed on the House of Representatives floor today. The House bill (S. 467) passed by a vote of 371 to 49. The Senate already...
N.Y.’s Murray Receives National Life Brokerage Industry Honor
Dec 6 2005 // Edward Murray, chairman of Murray and Zuckerman, a Schenectady, New York-based wholesale life insurance brokerage agency, received the Douglas H. Mooers Award for Excellence at the 24th annual meeting of the National...
Willis Buys N.Y.-Based Armored Car Insurance Specialty Broker
Dec 6 2005 // Willis Group Holdings Limited, the global insurance broker, announced today the stock acquisition of International Insurance Brokers, Inc. Located in Staten Island, N.Y., International Insurance Brokers is a specialized...
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...
