Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Contingency Commissions and the Future of California Agents & Brokers
Mar 7 2005 // How the Spitzer-led investigation against broker fees inspired solutions to California’s “problems” Over the past several months, there have been numerous explanations, press releases and position papers...
Ripped from the Headlines: Law & Order in Today’s D&O
Mar 7 2005 // News from Worldcom, Enron and Spitzer invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to...
PLUS Tackles Ethics
Mar 7 2005 // A broker learns confidentially from a client that his company is the subject of an informal inquiry by the Securities and Exchange Commission. The client asks the broker to keep the information private. Should the broker...
FEMA Encourages States to Implement Flood Training Program for Agents
Mar 4 2005 // States will soon require minimum training, education and knowledge requirements for insurance agents who write flood insurance, Ed Pasterick, an industry relations spokesman for the Federal Emergency Management Agency told...
As Mich. Agents Gather, Industry Finds Itself in Crosshairs
Mar 4 2005 // GRAND RAPIDS, Mich.—The vote by the Michigan Legislature’s Joint Committee on Administrative Rules to file a notice of objection to Democratic Gov. Jennifer Granholm’s rule banning the use of credit scores in...
Academy to Study High-Performance Agencies
Mar 3 2005 // The National Alliance Research Academy, based in Austin, Texas, announced it is once again conducting its Growth and Performance Standards (GPS) survey to gauge agency performance. Performance averages will be provided, as...
Academy to Study High-Performance Agencies
Mar 3 2005 // The National Alliance Research Academy will once again be conducting its Growth and Performance averages will be provided, as well as high- performance standards for agencies in the top 25 percent of their class. In the...
N.Y. Bill Seeks Fiduciary Duty on Producers, Permits Profit Sharing with Disclosure
Mar 2 2005 // Assemblyman Ryan Scott Karben (D/I-Rockland), a majority member of the New York State Assembly’s Insurance Committee, has introduced a legislative package on agent and broker compensation that would require...
FSLSO Creates Digital Online Classroom, Stresses Online Education
Mar 2 2005 // The Florida Surplus Lines Service Office in Tallahassee has made a concerted effort to create a digital online classroom to improve educational resources to provide quick and quality service at its customers’...
The McIntyre Group Reports Record 2004 Results; Regional Brokerage Doubles Revenue from 2003
Mar 1 2005 // Tony McIntyre, CEO and president of New Jersey-based The McIntyre Group, announced his firm’s strong performance for the fiscal year ending, Dec. 31, 2004. McIntyre stated that the insurance brokerage, had...
Ga. Commissioner Parks Agency Reportedly Selling Bogus Taxi and Limo Coverage
Mar 1 2005 // Georgia Insurance Commissioner John Oxendine announced Tuesday that he has issued a cease and desist order against Phoenix Brokerage Inc. and Main Street Brokerage Inc., both located in Barnesville, and arrested one of the...
Holm Joins Lockton Insurance Brokers
Mar 1 2005 // Lockton Companies, the nation’s largest independently owned insurance broker, has appointed Douglas E. Holm to the post of vice president, Commercial Insurance Division. He will be based in Lockton’s San...
NCOIL March 5 General Session to Address Broker Compensation, Disclosure
Feb 28 2005 // Legislators will examine options to address broker compensation and disclosure concerns during a National Conference of Insurance Legislators’ general session scheduled March 5 in Hilton Head, N.C.. The discussion,...
McIntyre Group Announces Record 2004 Results – Regional Brokerage Doubles Revenue from Previous Year
Feb 28 2005 // Cherry Hill, NJ – Tony McIntyre, CEO and President of The McIntyre Group released a statement today announcing his firm’s strong performance for the fiscal year ending, December 31, 2004. In a prepared text,...
Online Fla. Insurance Agent Licensing Course Offered
Feb 25 2005 // The Florida Insurance Licensing Association has announced Florida’s first 100% online insurance agent licensing course. This 40-Hour course (2-15 Life, Health & Variable Annuity) is required to become an...
MHBT’s Henry Appointed to Council of Insurance Agents & Brokers Board
Feb 25 2005 // The Council of Insurance Agents & Brokers, an association for commercial insurance and employee benefits intermediaries in the United States and abroad, recently appointed Bill Henry to its Board of Directors. Henry...
Two Ala. Agents Sentenced in Bribery Case
Feb 24 2005 // Two Cherokee County, Ala. insurance agents have been sentenced in a Birmingham court on charges of bribery of elected officials. James L. Williams and Michael Tillery pleaded guilty in November to giving money to county...
Ala., N.C. Agents Join Assurex Global Network
Feb 24 2005 // Cobbs Allen & Hall Inc. of Birmingham, Ala., and Senn Dunn, of Greensboro, N.C. have been accepted as members of Assurex Global of Columbus, Ohio, the world’s largest insurance association designed specifically...
Wholesale Brokers Become Hot Potatoes and Hot Properties for Mergers & Acquisitions
Feb 23 2005 // The decisions of two of the largest insurance brokers to sell off their wholesale divisions is a reaction to the Spitzer investigations and could be a sign of more to come, according to insurance merger...
Liberty Northwest Joins Trusted Choice
Feb 22 2005 // Liberty Northwest Insurance Corp., based in Portland, Ore., has joined the Trusted Choice® branding movement—the national consumer branding campaign created to educate consumers about the benefits of using independent...
