Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
30th Annual NAPSLO Conference
Oct 25 2004 // Advisors Tackle Acquisitions, Consolidations at Surplus Lines Meeting Agency consolidations, consolidator’s objectives and a broad range of other trends and developments were highlighted by Steven S. Wevodau and...
Big ‘I’ Weighs Minority Producer Database
Oct 25 2004 // The Independent Insurance Agents and Brokers of America (IIABA) is considering a proposal to compile a nationwide database of minority-owned agencies for carriers looking to expand their presence in urban markets to...
N.Y. Attorney General Spitzer Sues Marsh Over Contingent Commissions
Oct 25 2004 // New York Attorney General Eliot Spitzer on Oct. 14 sued Marsh & McLennan Companies, the nation’s biggest insurance brokerage firm, alleging that it steered clients to insurers with whom it had lucrative...
KITZMILLER RESIGNS FROM AMERICAN AGENTS ALLIANCE:
Oct 25 2004 // At a meeting of the American Agents Alliance Board of Governors held Oct. 7, it was announced that Alliance Executive Director Lorelle Kitzmiller would be leaving the association, effective immediately. Kitzmiller is the...
PIA WESTERN ALLIANCE FORMS:
Oct 25 2004 // A new alliance covering nine Western states announced its formation. The PIA Western Alliance creates the nation’s broadest alignment of state and regional affiliates of the National Association of Professional...
Small Businesses Struggle to Stay Afloat in Hawaii’s Tumultuous Workers’ Comp Market
Oct 25 2004 // The issues surrounding Hawaii’s workers’ compensation system have been a topic of debate for agents, brokers, politicians and small businesses over the past several months as reform attempts to fix the troubled...
Canter Predicts State, Federal Regulation to Detrimentally Affect Industry
Oct 25 2004 // More than 120 firms participated in the Big “I” Exhibit “During my term we have made numerous advances and I couldn’t have done any of them without the help of the Executive Committee and dedicated...
Is Big Brother Good for the Industry’
Oct 25 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Dunn Elected President of ASCnet
Oct 24 2004 // The Applied Systems Client Network (ASCnet), the user group for Applied Systems agency management technology, announced the election of Robert “Robby” E. Dunn III, vice president and agency manager of Hotchkiss...
Progressive Now Offering Commercial Auto in N.H.
Oct 22 2004 // As previously reported by Insurance Journal, The Progressive group of companies has begun offering commercial auto coverages in New Hampshire through more than 200 agents. The product is being marketing under its new Drive...
PIA Western Alliance Releases Statement on New York Insurance Scandal
Oct 22 2004 // Like most insurance associations, the PIA Western Alliance—consisting of four affiliate chapters covering eight western states—is in shock over the news of a lawsuit filed against the nation’s largest insurance...
Lockton Insurance Brokers Announces New VP
Oct 22 2004 // Lockton Insurance Brokers Inc., a commercial insurance brokerage firm with offices in Irvine and downtown Los Angeles, recently announced Mark Carlin as executive vice president. Carlin is widely recognized as a leading...
Cox Acquires J. McWhirter (Insurance Brokers) Ltd.
Oct 22 2004 // The U.K.’s Cox Insurance Holdings Plc announced that it has acquired the entire issued share capital of J. McWhirter (Insurance Brokers) Ltd. (JMW), a Northern Ireland broking business for a total cash consideration...
InVEST Notes Teacher, Volunteer Award Winners
Oct 22 2004 // InVEST, an education program that promotes insurance education in order to attract individuals to pursue employment in the industry, announced the 2004 Teacher of the Year and Dach Award winners. The InVEST Board of...
S&P Says Insurance Brokers Have Resources to Manage Through Current Crisis
Oct 22 2004 // Standard & Poor’s said today it believes the three major brokers on which it has commented since bid-rigging and account steering charges have rocked the industry have the “resources to manage through...
S&P Revises Overall P&C Outlook to Negative
Oct 22 2004 // Standard & Poor’s Ratings Services has revised its outlook on the U.S. property/casualty commercial lines sector to negative from stable. “The outlook revision follows allegations of widespread misconduct...
Schall Joins Heath Insurance Brokers
Oct 22 2004 // Dallas-based Heath Insurance Brokers announced that Katherine Schall has joined its Sacramento, Calif. office as a broker. She will be responsible for marketing and producing commercial property/casualty accounts. Prior to...
PCI Says Industry Unfairly Painted in Light of Alleged Illegal Practices
Oct 22 2004 // As more companies and more names pop up in the ongoing insurance industry investigation involving reported illegal practices in the commercial lines market, Property Casualty Insurers Association of America’s (PCI)...
Alliance Responds to Proposed Disclosure Regulations
Oct 22 2004 // Following the notice of proposed new disclosure regulations by insurance Commissioner John Garamendi, the American Agents Alliance has released a statement regarding its position on the Commissioner’s...
Rockwood Expands E&O Program for P&C Agents
Oct 21 2004 // Rockwood Programs has finalized negotiations with multiple insurance carriers and Lloyds Syndicates to expand its existing Errors & Omissions program for property and casualty agents. This program was designed to...
