Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Moran Joins Network E&S Insurance Brokers

Feb 22 2005 // Network E&S Insurance Brokers LLC, a California-based wholesale broker, announced that Michael F. Moran has joined Network E&S as a Partner and as its Chief Operating Officer. Moran’s immediate...

TDI Investigating Unauthorized San Antonio Agents on Fraud Charges

Feb 22 2005 // The Texas Department of Insurance issued a fraud alert pertaining to two San Antonio insurance agencies, The Insurance Center and The Insurance Connection, operating at the following locations: 539 South General McMullen,...

Moran Joins Network E&S Insurance Brokers

Feb 21 2005 // Michael F. Moran has joined California-based wholesale broker Network E&S Insurance Brokers, LLC, as a partner and as its chief operating officer. His immediate responsibility will be to establish and to staff an...

IVANS Lauches AgentExpress Program

Feb 21 2005 // IVANS Inc., based in Old Greenwich, Conn., has announced the launch of AgentExpress, a program to encourage agents to use broadband connections to retrieve carrier downloads. Agents whose carriers are sending information...

Outsiders See Need for Practical Solution to Compensation Disclosure

Feb 21 2005 // III Joint Forum: From the Outside Looking In It’s not very often that the insurance industry invites outsiders to share their opinions, so last month’s Insurance Information Institute’s Joint Industry...

Retailers Reel in the Perfect Catch

Feb 21 2005 // Response Time, Service Crucial When Selecting E&S Brokers, IJ Survey Reports Retail agents and brokers consider service and response time delivered by excess and surplus lines brokers to be critical factors when...

Kings & Pawns: Excess Brokers’ Moves and Mergers

Feb 21 2005 // The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent...

Marsh & McLennan Faces Off with Insurance Journal Readers

Feb 21 2005 // The street has become a superhighway, far removed from the clubby atmosphere of Los Angeles’ Wilshire Blvd. or New York’s Pine Street. Anybody can now comment on the latest industry happenings over the...

OFFICIALS VOW CAUTION ON DISCLOSURE:

Feb 21 2005 // New York Acting Superintendent of Insurance Howard Mills and Sen. James Seward (R-Oneonta), chairman of the Senate Insurance Committee, told the Independent Insurance Agents & Brokers of New York Inc. that they would...

Checking in with ELANY’s Dan Maher

Feb 21 2005 // Back to Earth and Up to Albany for N.Y.’s Excess & Surplus Marketplace After setting records in 2004, the excess and surplus market in New York is expected to calm down this year, as the tremors from the Sept....

Eliot Who’ TRIA Whoa’ Republicans Outline Insurance Priorities

Feb 21 2005 // Industry Gets Victory on Class Action But Reason to Worry Over TRIA Eliot who? The name Eliot Spitzer was never spoken during a recent gathering of insurance brokers and federal lawmakers in Washington, D.C. At the annual...

Insurance Agents’ E&O: Are You Properly Covered’

Feb 21 2005 // Have you heard the story of the shoemaker’s children? Although their father was a shoemaker, they always had the most worn shoes. The reason is their father spent so much time and effort taking care of his customers,...

Turning Prospects Into Clients: Are These INs Keeping You Out’

Feb 21 2005 // Year by year, it becomes increasingly challenging to secure appointments with new prospects. Therefore, it also becomes essential that you convert most prospects into sales. Yet studies indicate that even senior agents...

E&S Markets Medium, Softening Across the Board

Feb 21 2005 // Rising property prices and a healthy economy after the election year have encouraged competition for casualty business. Although account size is sometimes a factor in the directions prices move, E&S specialists say...

Moving from a Position of Strength

Feb 21 2005 // Merging, acquiring or clustering requires patience and due diligence. Independent agents braved bitterly cold weather and a standing room only crowd to hear William Schoeffler of Oak & Associates outline strategies...

In What Direction is the Wholesale Market Heading’

Feb 21 2005 // Panel examines state of the market at IIAT seminar. When a group of insurance wholesalers gathered at the 42nd Joe Vincent Management Seminar–held recently in Austin by the Independent Insurance Agents of...

Louisiana: We Are Building It, Will They Come’

Feb 21 2005 // Ihave the privilege of serving as vice president of the Louisiana Surplus Line Association (LSLA) and chairman of the Louisiana Surplus Line Task Force. Our goal has been to share our thoughts on regulatory reforms and...

PCI COMMENDS NEVADA DOI ON BROKER COMPENSATION ISSUE:

Feb 21 2005 // The Property Casualty Insurers Association of America commended the approach taken by the Nevada Division of Insurance on the disclosure of broker compensation in a temporary regulation adopted in early February....

CDI Fines Agents over Work Comp Policies

Feb 21 2005 // California Insurance Commissioner John Garamendi has imposed discipline upon two agents and the companies they work for over their marketing of an illegal tribal-based insurance product. The actions taken by the...

Broker Fee Regulations to Dominate 2005 Legislative Session in California

Feb 21 2005 // Three issues will dominate California’s 2005 legislative session–broker fee regulations and fiduciary duties; homeowners insurance, and workers’ compensation, according to IBA West lobbyist John...