Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
A Fresh Look at Rating Territories for Auto and Homeowners Insurance
Sep 20 2004 // Inaccurate Territories and Assignments Hurt Consumers, Agents and Companies Territories offer tremendous opportunities for insurance companies to better segment their book of business, but private passenger auto and...
LEE, MOON CAPTURE IIAJC TITLES:
Sep 20 2004 // After four days of intense play and weather delays at Dornick Hills Country Club in Ardmore, Okla., the 36th annual Independent Insurance Agent Junior Classic (IIAJC) concluded recently in thrilling fashion for newly...
Mass. Insurers’ Rate and Agents’ Commission Bids Add Up to 9.3%
Sep 20 2004 // A request by Massachusetts agents for a 32 percent boost in commissions brings the overall private passenger auto insurance rate hike sought by the industry for 2005 to 9.3 percent, up from the original 5.8 percent figure,...
LOANS LEAD TO AGENT’S ARREST:
Sep 20 2004 // The Louisiana State Police Fraud Unit arrested a Leesville, La., insurance agent and Department of Insurance Fraud Unit investigators issued the man a Cease and Desist Order and Summary Suspension of his license for...
Outsourcing Allows Agents and Brokers to Focus on Core Competencies
Sep 20 2004 // Increased customer satisfaction, reduced overhead. When an operational limit is hit, insurance agents and brokers often turn to outsourcers. They may need to increase their physical capacity to handle new customer...
Diversity in the Industry
Sep 20 2004 // I had an interesting conversation this past weekend with an agent I met at the American Agents Alliance conference in Indian Wells, California. The agent asked me, “Why don’t you write about Armenian...
Governor Signs Three Post-Fire Homeowners Bills
Sep 20 2004 // Governor Arnold Schwarz-enegger signed three homeowners bills into law that responded to problems arising out of last year’s Southern California wildfires. Two of the bills, AB 2199 and SB 64, were considered part of...
Hurricanes Equal Crunch Time for Reinsurers
Sep 20 2004 // High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. The office is not run by a federal disaster...
A Fresh Look at Rating Territories for Auto and Homeowners Insurance
Sep 20 2004 // Inaccurate Territories and Assignments Hurt Consumers, Agents and Companies Territories offer tremendous opportunities for insurance companies to better segment their book of business, but private passenger auto and...
Hurricanes Mean Crunch Time for Reinsurance Industry
Sep 20 2004 // High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. This office in Atlanta is not run by a...
Adding Value in the Workers’ Comp Market Through Technical Analysis
Sep 20 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
Successful Agencies Build on Management Systems
Sep 20 2004 // Creating the right mix of hardware and software can help agencies using any management system to—as the name says—better manage their agency. Ask adults what they like most about McDonald’s fast food restaurants,...
Mass. Approves Commercial Auto Market Reforms
Sep 20 2004 // Massachusetts Insurance Commissioner Julianne Bowler has approved plans to implement a limited servicing carrier program for the state’s commercial auto residual market as proposed by Commonwealth Auto Reinsurers...
Progressive Weighs Rebranding for Independent Agency Force
Sep 20 2004 // Mayfield Village, Ohio-based leading vehicle insurer Progressive Corp. has called its top-selling independent agents to a meeting in Las Vegas this week to unveil what is described by a company spokeswoman as an...
One-on-One with NAPSLO’s Outgoing President
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
Building Relationships Key to Success Says NAPSLO’s Incoming President
Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando Convention Thirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus...
Profit Center Accounting
Sep 20 2004 // Is personal lines costing the agency money? How profitable is that new program business the agency is promoting? What would happen to the bottom line if employee benefits sales increased by 25 percent? When is it time to...
Knowing vs. Doing in a Changing Marketplace
Sep 20 2004 // As the market changes do you possess the courage to do what you know you have to do? We agents are intelligent folks. We’re smart enough to know what is right and what is not. Yet, we too often don’t have the...
Heath Names Kaspar as Property Broker
Sep 20 2004 // Specialty-lines brokerage Heath Insurance Brokers announced that Chris Kaspar has joined its Chicago office as an assistant vice president and property broker. He comes to Heath after spending eight years working in the...
Growth Determines Retail, Wholesale Broker’s Value
Sep 20 2004 // Sustaining Progress in a Changing Rate Environment The wind has been at the back of insurance agents and brokers for the past several years and has resulted in smooth sailing. Organic growth rates have been in double...
