Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Fla. Agent Surrenders License After Guilty Plea
Apr 5 2004 // A Coconut Creek area insurance agent has surrendered his license after pleading guilty to securities fraud, according to the Florida Department of Financial Services. Investigators with the department discovered that...
Allstate Agents Pin Hopes on ERISA Charges Following Dismissal of Age Discrimination Complaint
Apr 2 2004 // Despite a federal judge throwing out their high-profile class action age discrimination claim against Allstate Insurance Co., lawyers for the 6,400 agents say they are happy with the decision overall because it permits...
Community First Acquires Colorado and Wyoming Insurance Agencies
Apr 2 2004 // Community First Bankshares Inc. has acquired Englewood, Colo.-based Shepherd Insurance Agency through its affiliate, Community First Insurance Inc. Community First also has acquired an insurance book of business from...
Fla. Agent Sees License Revoked
Apr 2 2004 // A Boca Raton, Florida man has lost his license to sell insurance after being charged with compromising the health insurance of four children. On March 12, the Department of Financial Services filed an administrative...
Brooke: A Franchise Player
Apr 1 2004 // Jack Cassell “was pretty happy just being a producer,” and he had been since entering the insurance business in 1979. But he saw an opportunity when the agency he was working for, Wichita, Kan.-based Manning...
Former CIAB Head Supports Federal Reforms
Apr 1 2004 // Albert R. Counselman, a past chairman of the Council of Insurance Agents & Brokers, told a House subcommittee that Congress needs to take action to remove the burden of multiple state regulatory requirements on...
Brokerage Growth Slowing, Study Claims
Apr 1 2004 // The eight leading brokerage firms saw only an 8 percent growth in organic revenue in the fourth quarter of 2003, according to a year-end survey by WFG Capital Advisors, an insurance industry investment banking...
Glass Shops, Agents Set Up Network in Minnesota
Apr 1 2004 // The National Glass Association announced that the Minnesota Glass Association and the Minnesota Independent Insurance Agents and Brokers Association (MIIAB) have agreed to set up a jointly operated auto glass claims...
Commercial Brokers Favor TRIA Renewal Says CIAB
Mar 31 2004 // Eighty percent of the leading commercial property/casualty insurance brokers say the federal Terrorism Risk Insurance Act (TRIA) should be extended when it expires at the end of 2005, according to a survey released today...
Heath Completes Buyout of U.K.’s Heath Lambert Group
Mar 31 2004 // Dallas-based Heath Insurance Brokers announced the completion of a buy-out from Heath Lambert Group, its U.K. parent. Heath noted that the deal solidifies its place as one of the largest truly independent wholesale...
Personal Lines Issues Dominate Mich. Agents Convention
Mar 30 2004 // A host of personal lines issues — ranging from credit scoring to a commissioner-requested data call to state fines on drivers with no proof of auto insurance — headlined the Michigan Association of Insurance Agents...
IIABA Upgrades Big “I” Markets Software
Mar 29 2004 // The Independent Insurance Agents & Brokers of America (IIABA), also known as the Big “I,” and its Big “I” Advantage member products team have released an upgraded version of the Big...
Manatee County (Fla.) Independent Insurance Agents Assoc. Members Listen in on E&O Liability Issues
Mar 29 2004 // At their recent regularly scheduled monthly luncheon meeting, the Manatee County Independent Insurance Agents Association Inc. (Bradenton, Fla.) had two partners from the Phelps Dunbar, LLP law firm (Tampa office) make a...
Agents Lobby to Renew, Reform National Flood Program
Mar 26 2004 // Members of the Independent Agents and Brokers of America (IIABA) testified before a Senate committee to make a case for renewal and reform of the National Flood Insurance Program (NFIP). Bill Stiglitz, an agent with...
N.Y. Agents Name Harleysville Top Commercial Partner
Mar 26 2004 // Pennsylvania’s Harleysville Insurance has issued a bulletin noting that for the second time in three years, it has been named the “Top Partner in Commercial Lines” during Westchester County’s 38th...
Amendment to ‘Model Regulation’ Opens Door for Insurance Agents, Consumers, Life Settlement Industry
Mar 26 2004 // Consumers’ rights received a boost last week when a key committee of the National Association of Insurance Commissioners (NAIC) approved an amendment to that group’s Model Regulation (for settlements). The...
MarketScout Adds Johnson to Brokerage Staff
Mar 26 2004 // MarketScout, a Dallas-based e-commerce company specializing in the distribution of property and casualty insurance products, announced Beverly Johnson, formerly of Risc Inc., joined the company on March 2, 2004. Johnson...
Louisiana Agent Arrested on Felony Theft Charges
Mar 26 2004 // The Louisiana Department of Insurance announced that a Mandeville, La., insurance producer (agent) was shut down and booked on charges of felony theft and insurance fraud involving misappropriation of premiums. Allen James...
Matsen Insurance Brokers Hires Farmiloe and Schofield
Mar 25 2004 // Santa Rosa, Calif.-based Matsen Insurance Brokers has appointed Steve Farmiloe as vice president of sales. Farmiloe will increase the existing team of sales professionals as well as grow the company through acquisitions....
IIAOK Issues Special Legislative Alert on HB 2261
Mar 25 2004 // Dan Ramsey, executive director of the Independent Insurance Agents of Oklahoma (IIAOK), in a recent State Capitol Report issued an alert to IIAOK members, urging them to become active in efforts to secure meaningful tort...
