Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Industry Must Sell More to Succeed, Stresses Willis’ Plumeri
Feb 23 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...
Manning Riddell Sued Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
LOUISIANA AGENT ARRESTED:
Feb 23 2004 // A LaPlace, La. insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds, according to Louisiana Commissioner of Insurance Robert Wooley. Department of Insurance Fraud...
BIG ‘I’ CONFERENCE SCHOLARSHIPS:
Feb 23 2004 // A number of scholarships are available to help young agents and brokers attend the Independent Insurance Agents & Brokers of America’s (IIABA) National Legislative Conference—taking place April 21-23, 2004 at...
Industry Must Sell More to Succeed, Stresses Willis’ Plumeri
Feb 23 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...
Relationships Are Everything When Working With MGAs
Feb 23 2004 // Managing general agents need retail insurance agents; retail agents need MGAs. That much is true. So, given this reciprocal professional dependence, why are working relationships between these two groups sometimes burdened...
Reflections from Rip Van Winkle
Feb 23 2004 // From 1979 to 1988 I had the pleasure of serving as executive V. P. of the Independent Insurance Agents of Arkansas. For the past fifteen years I have served as the lobbyist for the Arkansas Medical Society. When Kelley...
When is ‘Enough’ Insurance Enough’ A Practical Approach for Brokers
Feb 23 2004 // There is a way to give your client some idea of the potential liability risk that he or she is taking on. A firestorm destroys a subdivision. A neighbor’s child accidentally drowns in an uncovered swimming pool. A...
Arthur J. Gallagher Purchases Austin-Based Brokerage
Feb 20 2004 // Arthur J. Gallagher & Co. announced the acquisition of The Romine Group Inc. headquartered in Austin, Texas. Terms of the transaction were not disclosed. Founded in 1988, The Romine Group, Inc. offers employee...
SIAA Notes Purchase of N.Y. Agency by Treiber Group
Feb 20 2004 // The Strategic Independent Agents Alliance, the largest network of partnering independent insurance agencies in the U.S., announced that The Treiber Group, LLC of Garden City, N.Y. has purchased Insurance Agents Alliance of...
IIABNY Retains 95% of Members
Feb 20 2004 // The Independent Insurance Agents & Brokers of New York, Inc. reported that it has retained 95 percent of its membership. The organization represents more than 1,400 independent agencies and brokerages, with more than...
Brooke Subsidiary Introduces Auto Insurance Specialty
Feb 19 2004 // Shawn Lowry, president of Overland Park, Kan.-based Brooke Corp.’s franchise subsidiary, announced the introduction of a Brooke franchise for insurance agents that specialize in the sale of automobile...
Arkansas Clarifies Agent Appointment Rules
Feb 19 2004 // The Arkansas Insurance Department issued the following bulletin clarifying changes to the rules for company appointment renewals required by legislation passed in 2003: Every insurer (“company”) appointing an...
Hussmann Joins Lockton Insurance Brokers
Feb 19 2004 // Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, has named Bob Hussmann vice president and employee benefits practice leader. He will be based in Lockton’s recently opened...
CPIA Society Announces New Name and Logo
Feb 19 2004 // The Certified Professional Insurance Agents (CPIA) Society, a national organization dedicated to providing sales training, networking and marketing innovation to insurance professionals, unveiled both a new name –...
Amica Announces Move to XDimensional Technologies’ Nexsure for Branch Office Automation
Feb 18 2004 // For over twenty five years, Kevin Cotter has been on the information technology fast-track, ensuring that Amica Insurance’s ERP (Enterprise Resource Planning) systems stay in step with changing consumer demands. His...
Third Fla. Agent Pleads Guilty in Insurance ‘Sliding’ Scheme
Feb 17 2004 // A third agent has pleaded guilty to racketeering and conspiracy to commit racketeering for his reported role in a scheme to slide undisclosed coverages and hidden costs to hundreds of Florida auto insurance...
Ill. Agents Outline Legislative Agenda
Feb 16 2004 // Medical malpractice, electronic notification and surplus lines will be some of the hot property/casualty issues in the Illinois General Assembly spring session, according to a newsletter sent recently by the Professional...
MiniCo Inc. Launches New Commercial Insurance Technology System
Feb 13 2004 // Phoenix-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the organization’s...
AIG Reports Record 2003 Net Income of $9.27 Billion
Feb 12 2004 // American International Group, Inc. (AIG) reported that its net income for the full year 2003 increased 68.0 percent to a record $9.27 billion, compared to $5.52 billion in 2002. Net income excluding realized capital gains...
