Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Reseda Broker Pleads Guilty to Forgery
May 30 2005 // The California Department of Insurance Investigations Division announced that insurance broker Sajjad Hussain Shaikh, 36, also known as Adam Shaikh, of Reseda, California has pled guilty to one count of forgery. Shaikh was...
JLT Forms U.S. Unit for Emerging Market Risks
May 30 2005 // The Houston office of international insurance broker Jardine Lloyd Thompson LLC announced that it has created a new division to meet the needs of U.S.-domiciled clients engaged in business in the world’s emerging...
Ky. ‘Town Forums’ Slated in July; Include Continuing Education Classes
May 27 2005 // The Kentucky Office of Insurance is sponsoring town forums throughout the state in July. The sessions will include a three-hour continuing education class on ethics for insurance agents. In addition, consumers are invited...
TDI Reports April Enforcement Actions
May 27 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Jose Montemayor that became final during the month of April. The actions include eleven license revocations, a license denials and fines...
Hinz Joins Lockton Insurance Brokers
May 26 2005 // San Francisco-based Lockton Insurance Brokers has named Kathy Hinz, vice president and account executive for Lockton’s technology group. She will be based in Lockton’s San Jose office. Hinz has been in the...
Reseda Broker Pleads Guilty to Forgery
May 26 2005 // The California Department of Insurance Investigations Division announced that insurance broker Sajjad Hussain Shaikh, also known as Adam Shaikh, of Reseda, California has pled guilty to one count of forgery. Shaikh was...
Assurex Adds New Partner in Thailand
May 26 2005 // Assurex Global — the world’s largest privately held risk management and commercial insurance brokerage group – announced that it has expanded its worldwide presence with the addition of an international...
PIA Panelists Discuss Preparing for Hurricane Season
May 26 2005 // Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent web broadcast carried...
Agency Resource Group Announce Strategic Partnerships with Pacificare and United Concordia
May 25 2005 // Valley-based Agency Resource Group Inc. (ARG) President Bud Bowlin announced two strategic alliances with major national insurance providers – PacifiCare and United Concordia Insurance Company (United Concordia). ARG...
The Hartford Offers Agency eSubmission for Mid-Market Business
May 24 2005 // The Hartford Financial Services Group Inc. is speeding up the process of placing midsize commercial accounts. Independent insurance agents now can submit new business applications directly to The Hartford for general...
JLT Warns Brokers and Underwriters to Invest in Client Industry Expertise and Technical Resources
May 23 2005 // Mike Hammond, the CEO of Jardine Lloyd Thompson Risk Solutions Ltd., told delegates at a conference in Lugano, Switzerland, that the “insurance industry must invest in the necessary technical skills if it is to...
Calif. Broker Arrested on Seven Counts of Grand Theft
May 23 2005 // Insurance broker Robert Stephen Rice was arrested on seven felony counts of grand theft at his home in Thousand Oaks, California, by the CDI Fraud Division. The arrest is the result of an investigation by CDI. The Van Nuys...
Tsunami Warning: Spitzer is Coming
May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...
ACT! Now to Improve Sales – Contact Management for the Modern Agent
May 23 2005 // During the summer of 2004, ISU Curry Insurance, a commercial insurance brokerage, was looking for a way to keep track of its 6,000 contacts. The answer came with the introduction to an Act! consultant who unleashed the...
Calif.’s AB 975 Hearing Postponed Indefinitely
May 23 2005 // AB 975, legislation that would clarify the definition of broker in the California Insurance Code, was not heard in the Assembly Insurance Committee May 4, according to the American Agents Alliance. The hearing on AB 975...
N.C. Agents Halt Fraud Ring
May 23 2005 // Six Chatham and Randolph County, N.C., residents suspected of masterminding an extensive auto insurance fraud ring, which staged an estimated 480 auto crashes and defrauded more than $2 million have been arrested as the...
Old Rhode Island’s New Pawtucket: Big Plans to Stay Small
May 23 2005 // Investors Plan Small, Focused Writer of Homes, Including on Coasts, in Mass., R.I., N.Y. The investors in line to revitalize the 157-year old Pawtucket Mutual Insurance and its subsidiary Narragansett Bay Insurance...
New Age Brokerage Makes Apartment Program Available in 10 Eastern States
May 23 2005 // New Age Brokerage LLC, a Morristown, N.J.-based provider of insurance programs for habitational real estate risks, announced the availability of a comprehensive apartment building insurance product, now available to...
Is it Time to Sell the Agency? Three Factors to Help You Decide ….
May 23 2005 // Many owners have at one time or another thought about selling their insurance agency or brokerage. Many were tempted but never quite took the plunge. Those who didn’t sell most likely were making too much money at...
SENATOR URGES RESTRAINT ON BROKER SCANDAL:
May 23 2005 // New York State Senate Insurance Committee Chairman James Seward (R-Milford) told the Professional Insurance Wholesalers Association Inc. that New York policymakers should employ restraint as they look at “what, if...
