Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
N.J. AGENTS’ LOBBY HAILED:
May 17 2004 // The Independent Insurance Agents of New Jersey, Inc. (IIANJ) was presented the prestigious Maurice G. Herndon National Legislative Award today in recognition of its outstanding government affairs achievements last year....
Elected Federal Officials Claim They’re Aware of Agents’ Influence
May 17 2004 // At IIABA Conference, Agents Capture Attention of Lawmakers Frank, Baker, Allen and Bunning From coast to coast, they came to Washington, D.C. last month for a chance to hear and be heard on a wide range of issues from...
IIABA Legislative Conference Allows Agents, Brokers Chance to Lobby
May 17 2004 // From coast to coast, they came to Washington, D.C. last month for a chance to have their voices heard on a wide range of issues from workers’ compensation to taxes on their businesses. The 28th Annual Independent...
IIANC SHIPS GOODS TO TROOPS:
May 17 2004 // The Independent Insurance Agents of North Carolina (IIANC) along with independent agencies and companies around the state have begun a campaign to send supplies to U.S. troops in Iraq. To date more than 50 boxes have been...
Phillip Bachler Joins Heffernan Insurance Brokers as High Tech Producer
May 17 2004 // Heffernan Insurance Brokers, one of the largest full service insurance brokerage firms in the Bay Area, announced the appointment of Phillip Bachler as a producer in its Palo Alto office. With production and account...
Business Made Easy Integrated Technology Solutions Key to Success
May 17 2004 // Just what are independent agents looking for when it comes to technology? That was the question posed to a number of industry experts who all seemed in agreement—in order to compete in today’s workplace...
When Comparing Apples-To-Apples Whom Should You Trust’
May 17 2004 // Hard markets have a way of making insurance company financial strength ratings a hot topic of discussion, and not just among insurance agents and brokers. Professional risk managers and other insurance buyers, consumer...
Aligned Interests-Agency Perpetuation through the Leavitt Group
May 17 2004 // Insurance Journal asked me to spend 2,000 words on the Leavitt Group’s agency perpetuation philosophy. So, after rattling off some rather sterile company background, I’ll describe how we and our co-owners...
