Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

CALIF. AGENT FEES UP 10% IN 2004:

Jan 26 2004 // The California Department of Insurance sent out a notice a few weeks ago reminding all insurance licensees that they will be ringing in the New Year with a 10 percent fee increase, the American Agents Alliance said in its...

The Case for Group Legal: Now More Than Ever

Jan 26 2004 // To say today’s human resource managers are getting the squeeze is the understatement of the year. They are forced to do more with less, yet at the same time, they need to provide more options. In a recent study...

IIABA Notes Legislative Agenda for New Year

Jan 26 2004 // With the start of the New Year and the beginning of a new session of Congress only a few weeks away, the Independent Insurance Agents and Brokers of America (IIABA) is rolling out its legislative agenda for 2004. Top...

The Strange Saga of Near North National Group’s Michael Segal

Jan 26 2004 // Powerful Friends, Enemy Insiders and Embezzlement Charges We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John...

NAIC’s Ario Says Producer Licensing Reform, Credit Scoring are Top Priority

Jan 26 2004 // Insurance Journal had a chance to sit down with newly-elected Secretary-Treasurer Joel Ario, Administrator of the Oregon Department of Insurance, at the National Association of Insurance Commissioners’ Winter Meeting...

Status of Agent vs. Brokers in California

Jan 26 2004 // The distinction between an agent and broker has had increased significance in California following Proposition 103 as brokers may charge broker fees and agents may not. Producers rely heavily on broker fee income due to...

E&S Foresight and Good Management Ease Hard Market Pains

Jan 26 2004 // As you have no doubt heard by now, this hard market is not just longer; it is fundamentally different. It is by all reports the most moderate in memory, characterized by fewer and less dramatic disruptions of normal market...

Modernizing the Sales and Service Functions in an Insurance Agency

Jan 26 2004 // An old adage states, “If you keep doing what you’ve done, you keep getting what you got.” As a matter of fact, the true definition of insanity is to continue to do the same thing over and over again and...

Alleged Life Agents E&O Fraud Uncovered by IJ

Jan 24 2004 // Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors...

Rain and Hail L.L.C. Joins Trusted Choice

Jan 23 2004 // Rain and Hail L.L.C., a national crop insurance underwriter, is the newest company partner of Trusted Choice —the national branding initiative created for independent agents and brokers that highlights the benefits they...

IIABNY Supports “Get Smart About Insurance Week”

Jan 23 2004 // In a show of support for the New York Insurance Department’s efforts promoting “Get Smart About Insurance Week,” the Independent Insurance Agents & Brokers of New York Inc. hosted Superintendent of...

Agents E&O Fraud Uncovered by <em>IJ</em>

Jan 23 2004 // Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors...

Robert F. Brooks is Lemac & Associates’s Newest Broker

Jan 22 2004 // William Newton, president of Lemac & Associates Inc. recently announced the new hire of Robert F. Brooks as assistant vice president. As a casualty specialist, Brooks will be responsible for developing new client...

IIABA Reports It’s Time for Regulatory Reform

Jan 21 2004 // Independent Insurance Agents & Brokers of America (IIABA) CEO Robert Rusbuldt released a statement on Tuesday on recent developments in the debate over state insurance oversight: “IIABA does not dispute that the...

‘Clean Streets’ Program Now Open to Agents Doing Business with The Hartford

Jan 21 2004 // The Hartford Financial Services Group, Inc. has opened its street cleaners insurance program to all independent agents doing business with The Hartford. Hartford-affiliated agents can place their clients’ business...

AIIA Members Have Access to New E&O Umbrella

Jan 21 2004 // Alabama Independent Insurance Agents (AIIA) member agencies now have access to a new E&O Umbrella. In response to member requests IIABA through Big “I” Advantage programs is making a commercial umbrella...

Acordia Acquires Feeney Durler West Insurance Services

Jan 21 2004 // Acordia,Inc., the fifth largest insurance brokerage in the U.S., and a subsidiary of Wells Fargo & Company, acquired Feeney Durler West Insurance Services, LLC. The agency’s professional staff will continue...

Zurich NA Small Business Account Execs Now Are ‘State Agents’

Jan 21 2004 // The small business unit of Schaumburg, Ill.-based Zurich North America has elevated the position of its 175 account executives to the position of state agent, the company said in a statement. The transition recognizes the...

Vermont Commissioner Lists “Top 10” Investment Fraud Schemes

Jan 21 2004 // Vermont’s Department of Banking, Insurance, Securities and Health Care Administration (BISHCA) Commissioner John Crowley issued a bulletin aimed at helping investors cope with the “increasingly complex and...

CNA Announces New BOP Options

Jan 20 2004 // Chicago-based commercial lines insurer CNA announced the early release of its enhanced Business Account Package Policy (BAPP). Originally scheduled for release in late March, the company said in a statement that the...