Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Venture Programs Unveils New Wholesale Division
Feb 1 2005 // Venture Programs Inc., a provider in the design and underwriting of select industry-focused insurance packages, has launched a new wholesale division that offers mono-line workers’ compensation coverage for...
Aon Risk Services to Serve as Broker for Freedom Tower Construction in Lower Manhattan
Feb 1 2005 // Aon Risk Services Inc. has been appointed by World Trade Center Properties LLC, an affiliate of Silverstein Properties Inc., as broker for insurance coverage related to the construction of the Freedom Tower in Lower...
Crouse and Associates Chooses Custom Insurance Solutions as Management System Provider
Jan 31 2005 // Texas-based Custom Insurance Solutions (CIS) has been chosen by Crouse and Associates as their MGA / wholesale management system provider. Crouse and Associates, the largest independently owned wholesale brokerage firm in...
Strategic Independent Agents Alliance Names Ohio Master Agency
Jan 31 2005 // Hampton, N.H.-based agency cooperative Strategic Independent Agents Alliance announced that American Heritage Insurance Group LLC of Cincinnati has established the Insurance Connection LLC as an SIAA master agency. Their...
Brown & Riding Adds Hartzfeld as Associate Broker
Jan 28 2005 // Los Angeles-based Brown & Riding Insurance Services announced that Lynn Hartzfeld has joined their team as an Associate Broker at the company’s newest branch office in Woodland Hills, California. Hartzfeld comes...
The Hartford Sees 37% Gain in Q4 Net Income to $620M
Jan 28 2005 // The Hartford Financial Services Group Inc. reported a 37-percent increase in fourth quarter 2004 net income to $620 million, or $2.08 per diluted share, hitting an all-time quarterly record. Net income in the current...
NAIC Launches Online Insurance Fraud Reporting
Jan 28 2005 // The National Association of Insurance Commissioners (NAIC) is now featuring an online insurance fraud reporting system on the association’s Web site, http://www.naic.org/. The online fraud reporting system –...
IIAT Denounces Consumer Compensation Study
Jan 28 2005 // The Independent Insurance Agents of Texas (IIAT) strongly denounced as inaccurate and misleading, the claims made against independent agents and brokers by the Consumer Federation of America (CFA), a Washington-based...
Big ‘I’ Denounces Consumer Group Commission Study
Jan 27 2005 // The Independent Insurance Agents & Brokers of America (the Big I) has strongly denounced the claims made against independent agents and brokers by the Consumer Federation of America as...
Insurers Blast Consumer Report On Contingent Fees
Jan 27 2005 // The American Insurance Association and the Property Casualty Insurers Association of America have joined independent agents in criticizing a report on the use of contingent commissions in personal lines insurance by the...
Consumer Group Hits Payment of Contingent Commissions in Personal Insurance as Harmful to Buyers
Jan 27 2005 // A new report by a national consumer organization claims that contingent fee arrangements “similar” to those being investigated by New York Attorney General Eliot Spitzer in commercial insurance brokerage are...
Willis Group Adds Bay Area Benefits Broker
Jan 26 2005 // Willis Group Holdings Ltd. has signed a definitive agreement to acquire PRIMARY Worldwide Corporation, an insurance broker based in Los Gatos, California. With annual revenues of approximately $4 million, PRIMARY provides...
CDI Fines Agents over Workers’ Comp Policies
Jan 25 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...
Impact on Other Agents of Conn. Verdict Against Nationwide Doubted
Jan 24 2005 // A recent $2.3 million jury verdict for wrongful termination in favor of a former Nationwide Insurance contract agent from Connecticut is unlikely to have any effect on independent agents or their companies, according to...
Impact on Other Agents of Conn. Verdict Against Nationwide Doubted
Jan 24 2005 // A recent $2.3 million jury verdict for wrongful termination in favor of a former Nationwide Insurance contract agent from Connecticut is unlikely to have any effect on independent agents or their companies, according to...
Is it Time to Sell the Agency’ Three Factors to Help You Decide …
Jan 24 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...
Chicago Agent’s License Revoked
Jan 24 2005 // Acting Illinois Director of Insurance Deirdre K. Manna has revoked the insurance producer license of Cynthia A. Redict-Adams of Chicago effective Dec. 21, 2004. Redict-Adams had been licensed since March 4, 1987. She was...
Insurance Journal to Publish Top E&S Broker List
Jan 24 2005 // Insurance Journal magazine will publish its inaugural Top Excess & Surplus Lines Broker list on Feb. 21, 2005, in all five of its regional editions. Managing general agencies, wholesalers and managing general...
Bid-rigging Investigations Continue in North Carolina
Jan 24 2005 // Investigators have been assigned by Commissioner Jim Long of the North Carolina Department of Insurance Commissioner to take a closer look at possible bid-rigging by insurance companies and brokers. Last October the...
Heath Turns the Corner as Colemont Insurance Brokers
Jan 24 2005 // At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was born—twice, it could be argued. The company that became Heath Insurance Brokers, one of...
