Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
CAA Adds North Texas Agency
Oct 25 2005 // Austin, Texas-based Combined Agents of America LLC announced the addition of Bryan Insurance Agency Ltd. in Graham, Texas, as its 34th member. Bryan Insurance Agency was founded in 1921 by Pat Bryan Sr. In 1983 Denny Bryan...
Alliance Denounces “DOI Attack” on Agents and Brokers
Oct 25 2005 // The Alliance of Insurance Agents and Brokers is warning California agents and brokers that the Department of Insurance (DOI) is drafting another new set of proposed regulations to impose fiduciary duties, disclosure of...
Best Practices Report Outlines Tips for Effective Use of Agency Technology
Oct 25 2005 // The Agents Council for Technology (ACT) has compiled a series of best practices to help carriers, vendors, user groups and agent associations convince independent agencies and brokers to implement new workflows and...
Insurance Agent Honored by National Society of CIC
Oct 24 2005 // Scottscom Insurance Services has recently been recognized for professional leadership and advanced knowledge by the Society of Certified Insurance Counselors (CIC), a national insurance professional organization. Jeanette...
Lamparelli Joins E&S Broker Connecticut Underwriters
Oct 24 2005 // Nick Lamparelli recently joined Connecticut Underwriters, Inc. and will be based out of the firm’s Portsmouth, New Hampshire office. Lamparelli joins the firm as a commercial lines underwriter. He will focus on new...
Commercial P/C Market Gets Ready for Post-Katrina Price Increases
Oct 24 2005 // Commercial insurance brokers from across the country say so far, the impact of Hurricanes Katrina and Rita has been minimal, but they are bracing for higher prices, reduced capacity, increases in deductibles and tighter...
Orlando Agent Forged Signatures; Loses License, Fined $90,000
Oct 20 2005 // An insurance agent in Orlando, Fla. who misled at least 35 customers, including several senior citizens, in the sale of annuities and forged their signatures to cover his tracks has had his license revoked and has been...
N.Y. Gov. Hopeful Weld ‘s Insurance Chief in Massachusetts Stirred Controversy
Oct 19 2005 // As governor of Massachusetts, William Weld, a Republican who has said he wants to be governor of New York, helped turn around the state’s workers’ compensation system and introduce some competition into the...
Study Accuses FEMA of Lax Implementation of Flood Program Changes Passed in 2004
Oct 19 2005 // A government report has found that the Federal Emergency Management Agency, which administers the national flood insurance program, has not fully implemented reforms mandated by Congress in 2004, including improved...
Big ‘I’ Pleased with Senate Committee’s Look Involving Flood Program
Oct 18 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) said Tuesday it is pleased that Congress is taking up the National Flood Insurance Program (NFIP) and how to improve it. The Senate...
Costa Mesa Insurance Agent Pleads Guilty to Three Felony Counts
Oct 18 2005 // A Costa Mesa Insurance agent has pled guilty to three felony counts of grand theft and was forced to surrender his insurance license for life following an investigation conducted by the California Department of Insurance...
Ill. Agents Have Licenses Revoked
Oct 17 2005 // Illinois Director of Insurance Michael McRaith has revoked the insurance agent license of George T. Priovolos of Bloomington effective Sept. 26, 2005. Priovolos’ license was revoked as a result of an investigation...
How to Choose the Right Bank for Your Agency
Oct 17 2005 // Choosing an agency-focused bank is one of the most important things you can do to help your agency grow and succeed. Independent agents or agency owners have unique financial needs. Unfortunately, few banks truly...
Gubernatorial Hopefuls in New York: Spitzer vs. Weld
Oct 17 2005 // Part 2: Spitzer Stresses Enforcement as Key to Fair Competition New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund...
Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh
Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
How to Choose the Right Bank for your Agency
Oct 17 2005 // As an independent agent or agency owner, you have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually...
Brian Sullivan: The Industry is Changing — Really
Oct 17 2005 // Although we’ve heard it many times before, the insurance agency business is on the cusp of huge changes, driven in part by technology, a host of new and better insurance products and increased stability on the part...
Industry Associations Object to CDI Legal Opinion on Fiduciary Duties
Oct 17 2005 // The California Department of Insurance (DOI) recently released a legal opinion on insurance fiduciary duties that industry associations say is over-reaching and will adversely affect their members. In its opinion, the...
AMERICAN AGENTS ALLIANCE CHANGES NAME TO INCLUDE BROKERS
Oct 17 2005 // The American Agents Alliance has changed its name to the Alliance of Insurance Agents and Brokers. The name change was unveiled Sept. 30, 2005, at the association’s annual convention in Indian Wells, Calif. David...
