Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Avoiding Financial Catastrophes: Take Care When Procuring Agents E&O
Nov 6 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
Using a Marketing Approach to Recruiting Employees
Nov 6 2005 // This is the first in a series of articles offering “best practices” for the hiring process in the independent agency. More information is available at: www.iiat.org, under Agency Management. The lifeblood of...
Value Added Services Stand Out from the Pack
Nov 6 2005 // For most firms, the insurance consumer will not see any major value difference between agencies. Because products, price and service are roughly the same, sales people are forced to sell on rapport, relationships and sales...
Planning Ahead: Navigating Clients through Disasters
Nov 6 2005 // Most insurance agents and brokers have worked hard to build their businesses and their reputations. Clients trust them to provide good advice and to really understand their businesses and exposures. So when a disaster...
IJ Online Exclusive: Swett & Crawford Group Gains Independence Again
Nov 6 2005 // Insurance Journal Publisher Mark Wells interviewed Dave Hartoch, chairman of the Swett & Crawford Group, shortly after an announcement that the company had been sold by Aon Corp. to an investment group in late...
Nonprofit D&O Essentials: Homeowners, Condo Association Boards Beware
Nov 6 2005 // Americans place significant value on their residential investments. So who wouldn’t want to get involved in one’s homeowners or condominium association? But the directors and officers of these nonprofit...
E&O Alert: Has Your Agency Outgrown Its Policies and Procedures?
Nov 6 2005 // If your agency has grown over the years, then you’ve probably gone through many changes. Do the following scenarios sound familiar? The organizational structure, policies and procedures that were in place when your...
Professional liability ripples
Nov 6 2005 // urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
‘Blind Faith’ Agent on Death Row in N.J. Wins Reprieve
Nov 4 2005 // A federal appeals court threw out a former insurance salesman’s death sentence for arranging his wife’s murder 22 years ago in a case that was the subject of a true-crime book and a TV miniseries. The 3rd U.S....
Mass. Lt. Gov. Healey to Address Agents at The Big Event
Nov 4 2005 // Massachusetts Lieutenant Governor Kerry Healey has agreed to address members of the Massachusetts Association of Insurance Agents at the group’s upcoming annual convention, known as The Big Event. Republican Healey,...
Florida Big ‘I’ to Unveil Its New, Improved Web site Upgrade on Monday
Nov 4 2005 // The Florida Association of Insurance Agents in Tallahassee will unveil a new and improved version of its Web site on Monday at www.faia.com. “Although our site reconstruction has been carefully planned and thoroughly...
Mo. DOI Issues Crackdown on Felonious Bail Bond Agents
Nov 4 2005 // Missouri Insurance Director Dale Finke today announced a crackdown on bail bond agents with felony convictions who have obtained licenses from the Insurance Department during the past several years. “The Missouri...
One Year After Spitzer, Brokers and Risk Managers Report Shifting Roles
Nov 3 2005 // A year after the contingent commission scandal rocked the commercial insurance industry, new research from Advisen Ltd. has found significant shifts in the relationship between commercial insurance buyers and their brokers...
Gen. Colin Powell to Address 2006 Big ‘I’ Convention
Nov 3 2005 // Gen. Colin Powell, USA (Ret.), will be the keynote speaker at the 2006 Big “I” National Legislative Conference & Convention. Gen. Powell is scheduled to speak April 28, 2006 at the event’s closing...
Stevoff Named Colemont’s U.S. COO
Nov 2 2005 // Dallas-based Colemont Corporation announced that David Stevoff has been named chief operating officer of Colemont Brokerage Group, its U.S. subsidiary. In this newly created position, Stevoff will have responsibility for...
Rep. Oxley to Retire at End of 2006
Nov 2 2005 // Rep. Michael G. Oxley (R-Ohio), Chairman of the U.S. House Financial Services Committee announced yesterday that he will not seek re-election in 2006. Oxley will retire from Congress at the end of his current term,...
FAIA Stands Up for Agent, Files Amicus Court Brief on DFS Due-Diligence Decision
Nov 2 2005 // The Florida Association of Insurance Agents has filed an amicus (friend of the court) brief with the First District Court of Appeal in a case involving an insurance agent who appealed a Final Order of the Department of...
CDI Drops Broker Regulations
Nov 2 2005 // California Insurance Commissioner John Garamendi has announced that he will suspend his efforts to adopt new regulations imposing fiduciary duties and mandatory disclosure obligations on insurance agents and...
FastSnap to Provide Discount to PIA of Florida Members
Nov 1 2005 // Reseda, CA – FastSnap announces that members of the Professional Insurance Agents of Florida will receive a 10% discount on its digital photography service. PIA of Florida members will automatically receive the...
Agent Wins MiniCo Calloway Giveaway
Nov 1 2005 // Kathy Albin, independent insurance agent for Farmer Butler Leavitt Insurance Agency in Phoenix, was drawn as the winner of MiniCoa’s Calloway golf club giveaway. The prize was a set of eight Calloway irons. Merle...