Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Stewart Title to manage P&C operation with Nexsure from XDimensional Technologies
May 26 2004 // With more than 7,400 issuing locations nationwide, you’d think a product line extension would be a simple process. But that wasn’t the case when Stewart Information Services Corporation decided to add Property...
Best Expands E-Fusion Award to Six Categories
May 26 2004 // A.M. Best Co. announced that the 2004 E-Fusion Insurance & Technology Awards have been expanded to six categories. “Interest in our awards program has snowballed, so we need to better reflect the widespread...
IIAK Holding 108th Annual Convention in Bowling Green
May 25 2004 // Independent agents from throughout the state of Kentucky will converge in Bowling Green from June 17-19, for what will be the 108th Annual Convention of the Independent Insurance Agents of Kentucky (IIAK). Featured at this...
Reinsurance Brokers Bring ‘More Value Than Ever,’ Guy Carpenter CEO Tells Conn. CPCU
May 25 2004 // The role of reinsurance brokers has evolved well beyond the basic placement and relationship responsibilities of 25 years ago and will continue to evolve into new areas, according to the chief executive officer of Guy...
Hartford Announces New eSubmission Capabilities
May 25 2004 // The Hartford Financial Services Group announced that it is introducing a series of eSubmission tools for new middle market accounts, which it feels will “revolutionize how middle market business is handled, saving...
ACORD Launches New Advantage Web Site
May 24 2004 // ACORD’s new Advantage Web site (www.acordadvantage.org), which was launched Monday at the ACORD LOMA Insurance Systems Forum, will reportedly improve ACORD Advantage agents and brokers access to ACORD’s...
SAN Group Named Travelers’ Agency of Year
May 24 2004 // Travelers Personal Lines has named The SAN Group, Inc. Agent of the Year for the New England Regional Office. Travelers presented the award to Matthew Masiello, chief operating officer of the SAN Group, Inc., based in...
New Surplus Lines Brokerage Formed in California
May 24 2004 // Lionheart Insurance Services, a new surplus lines brokerage based in Calabasas, Calif., was recently formed. Lionheart will specialize in writing business for artisan contractors, apartments and restaurants, products...
Mass. High Risk Plan Passes Key Vote; Insurers Expected to Begin Offering Agents Contracts
May 24 2004 // A plan to convert the state’s high risk auto reinsurance facility in Massachusetts to an assigned risk plan (ARP) was approved by the industry officials running the current plan at a special meeting on March 20. One...
Survey Shows Majority of Risk Managers Say Contingent Commission Practice is Conflict of Interest
May 24 2004 // A majority of commercial insurance buyers believe that the commission arrangements between insurance brokers and insurance carriers, known as contingent commissions or placement service agreements (PSAs), are a conflict of...
ISU Welcomes Two New Calif. Offices
May 24 2004 // Two new agencies were admitted into the ISU National Network of Independent Agents effective the month of May, announced T.J. Ryan III, ISU International president. ISU Insurance Services – Atwood Agency of...
Progressive Offers Real-Time Claims Info to Independent Agents, Brokers Using Applied Systems
May 24 2004 // The Progressive group of insurance companies announced that it is expanding its partnership with Applied Systems to help independent agencies provide faster, more accurate customer service. Now, agents and brokers who sell...
N.H. Agents Upbeat at Annual Conference
May 21 2004 // Nearly 100 independent insurance agents and industry professionals from across New Hampshire took part in the Professional Insurance Agents of New Hampshire Inc.’s annual conference in Concord, N.H. on May...
Vista Expands Transportation Division
May 21 2004 // San Antonio-based wholesale insurance broker, Vista Insurance Partners, announced the expansion of its transportation division to Arkansas, Oklahoma and Mississippi. “Our successful track record in Texas provides a...
OnlineBenefits to Purchase Captiva Systems
May 20 2004 // OnlineBenefits Inc., provider of Internet-based HR solutions, has signed a Letter of Intent to acquire Captiva Systems, a producer of agency management software for group insurance brokers. The deal brings Captiva...
Meraz Joins American Agents Alliance
May 19 2004 // The American Agents Alliance announced the hiring of Ricardo Meraz as its new sales and marketing manager. Meraz comes to the Alliance after graduating from Cal State San Bernardino with a bachelors in Business...
State Auto Goes Real-Time
May 19 2004 // Columbus, Ohio-based insurer State Auto announced it has enhanced its agency portal with functionality for independent agents to receive policy quotes, request policy issuance, and complete endorsement transactions, all in...
Insurers Urge Senate Panel to Extend TRIA
May 18 2004 // Congress should act this year to extend the Terrorism Risk Insurance Act (TRIA) for two years beyond its Dec. 31, 2005, expiration date because the private market alone cannot deal with further catastrophic terrorist...
Chubb Latest to Face N.Y. Probe of Compensation Pacts
May 18 2004 // The Chubb Corporation in Warren, N.J. has received a subpoena seeking information regarding certain compensation agreements between insurance brokers and Chubb’s insurance companies from the New York Attorney General...
High-Tech Systems Help Make the Agent an Underwriter
May 17 2004 // Many carriers, especially commercial lines carriers, rely on independent agencies to sell and service policyholders. The agency typically owns and maintains the relationship with the insured. Carriers that maximize agent...
