Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
PCI Has “Significant Doubts” Concerning NAIC’s Agent Disclosure Proposals
Jan 20 2005 // The Property Casualty Insurers Association of America has issued a bulletin indicating that it has some “significant doubts” concerning the NAIC’s proposed inclusion of disclosure duties on agents. The...
Big ‘I’ Study Shows Growth in Premium, Market Share
Jan 19 2005 // The overall property/casualty market grew 9.5 percent in 2003, and independent agents and brokers produced 59.4 percent of this market, according to “The 2003 Property Casualty Insurance Market” report recently...
Alliance Stands Firm as CDI Continues to Redefine Broker/Agent Fiduciary Duties
Jan 18 2005 // As the coalition of industry associations, spearheaded by the American Agents Alliance, continues to dig its heels in the sand against a California Department of Insurance assault on brokers and agents, the...
National Agent Legislative Conference Set for April
Jan 18 2005 // The Independent Insurance Agents & Brokers of America has scheduled its 29th annual National Legislative Conference for April 20-22 at The Grand Hyatt Hotel in downtown Washington, D.C. The event, which always...
Hull & Co. On Board as Sponsor of Insurance Journal’s Online Seminar Series
Jan 17 2005 // Florida-based Hull & Co. is among the sponsors as Insurance Journal debuts the first in a series of “How to Write” online video seminars Thursday, Jan. 20, 2005. Hull & Co. will sponsor the Florida...
D-Day for U.K. Insurance Industry as FSA Assumes Regulatory Control; AXA Fined $940,000
Jan 14 2005 // Today, Friday, Jan. 14, marks the long anticipated official takeover of regulatory responsibility over the U.K.’s insurance industry by the Financial Services Authority. There should be no major surprises, as the...
Jenkins Joins PIA as VP of Business Development
Jan 14 2005 // Bill Jenkins, who most recently was executive director of the Applied Systems Client Network, has joined the National Association of Professional Insurance Agents as vice president of business development and...
Brown & Brown Acquires ECC Brokers
Jan 14 2005 // ECC Insurance Brokers LLC of Oak Brook, Ill. has been acquired by Brown & Brown Inc. with headquarters Daytona Beach and Tampa, Fla. ECC has combined annualized revenues of approximately $3.9 million. This wholesale...
AVRECO Serves as Sponsor for Insurance Journal Online Seminar; First in Series Set for Jan. 20
Jan 12 2005 // One of the nation’s largest independent wholesalers will be among the sponsors when Insurance Journal kicks off its “How to Write” online video seminars on Thursday, Jan. 20. Chicago-based AVRECO...
Mass. AG Probes Municipal Health Insurance Buying
Jan 11 2005 // The Massachusetts attorney general is expanding his probe into the commissions that insurers pay insurance brokers who promote their products to include contracts with cities and towns. The investigation by Attorney...
Agent Association Partners to Offer Online Education
Jan 11 2005 // The National Association of Professional Insurance Agents has announce a partnership with Learn.net to launch a new on-line CE and Professional Skills Education Center for member and non-member agents at:...
Agents, Insurers Claim Proposed Asbestos Legislation Falls Short of Solving the Problem
Jan 11 2005 // The Independent Insurance Agents & Brokers of America applauded Senate Judiciary Committee Chairman Arlen Specter (R-Pa.) for moving quickly to hold hearings on proposed asbestos legislation, but says the association...
Fla. Agent Fled to Ga.; Apprehended on Felony Charges
Jan 11 2005 // A Florida insurance agent who allegedly failed to place auto and general liability coverage for at least 11 trucking companies has been apprehended in Georgia on an outstanding warrant. Kim Laustra, 43, was an agent at the...
Impact of Conn. Franchise Ruling May Not Be as Big on Insurance Agents as Claimed
Jan 10 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...
Spitzer Tells N.Y. Legislators More Charges on the Way; Withholds Judgment on Legislative Response
Jan 10 2005 // The insurance industry can expect new charges from New York Attorney General Eliot Spitzer relating to personal lines insurance, according to the state official. Speaking before an Assembly Insurance Committee hearing in...
Western Security Surplus to Sponsor Los Angeles, Dallas Regions for Initial Insurance Journal Online Seminar
Jan 10 2005 // California-based Western Security Surplus will serve as a sponsor when Insurance Journal debuts the first in a series of “How to Write” online video seminars Thursday, Jan. 20, 2005. Western Security Surplus...
Pedrotti Joins American Agents Alliance as Lobbyist
Jan 10 2005 // The American Agents Alliance announced the addition of J. Kevin Pedrotti as the association’s lobbyist. Pedrotti is the founder and principal of JKPedrotti Inc., and has an extensive background in legislative,...
U.K. Broker Folgate to Integrate Sirius’ System
Jan 6 2005 // The U.K.’s Sirius, a leading provider of insurance software solutions, announced that the Folgate Partnership is now live on its Underwriting Agency System which “enables EDI connectivity with their brokers...
PIA National Will Oppose Broker Compensation Disclosure Model As Passed
Jan 6 2005 // The National Association of Professional Insurance Agents reiterated its opposition to the version of a compensation disclosure model law that was passed by a vote of 30-15 (with three abstentions) on Dec. 29, 2004, by the...
IIAT to Host Joe Vincent Management Seminar, Legislative Day Jan. 30-Feb. 1
Jan 6 2005 // The Independent Insurance Agents of Texas announced that more than 400 of the state’s top independent agency principals and managers will gather for IIAT’s 42nd Annual Joe Vincent Management Seminar and Big I...
