Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
The Illinois Marketplace: Is the Future in Peril’
Jan 12 2004 // Illinois’ insurance regulatory environment has long been viewed by the industry and business community as the model for other states to emulate, and rightfully so. While every state or region has unique problems in...
Welcome to the Insurance Journal
Jan 12 2004 // In one sense we’re the new kid on the block, but in other ways we should be a familiar presence. The Insurance Journal has been around since 1923, the year it began publication as a local Southern California...
Has the N.J. Auto Market Seen the Last of 30 Years of Mismanagement’
Jan 12 2004 // Last month the National Association of Independent Insurers issued a bulletin, which described New Jersey’s auto insurance market as “once the nation’s poster child for the dangers of over...
NEW JERSEY AGENTS TO RECOVER ‘OUT OF POCKET’ COSTS:
Jan 12 2004 // New Jersey’s Department of Banking and Insurance has accepted a proposal put forth by the Professional Insurance Agents of New Jersey to allow agents to recoup certain out-of-pocket expenses. Agents will be able to...
The Right Man for the Right Job
Jan 12 2004 // An Exclusive Interview with Gregory Serio Gregory V. Serio, the superintendent of the New York State Insurance Department, is a busy man—moving between Albany, Manhattan, Washington D.C. and elsewhere about the country....
New Resolutions for Industry Publication
Jan 12 2004 // The old saying goes that this time of the year is an opportunity to start making resolutions for the new year. Well, we at Insurance Journal have some plans of our own for 2004, and we’re starting with this premiere...
IIANC DONATES $25,000 TO AMERICAN RED CROSS DISASTER RELIEF FUND:
Jan 12 2004 // The Independent Insurance Agents of North Carolina (IIANC) presented the American Red Cross, Triangle Area Chapter, with a $25,000 donation recently for the Disaster Relief Fund to help victims of Hurricane Isabel and...
Fla. Goes on Offensive to Fight Fraud
Jan 12 2004 // Florida is like many other states when it comes to insurance fraud — it recognizes the problem and is doing something about it. Recently, Chief Financial Officer Tom Gallagher and Bob Neumann, director of the Division of...
Time to Make a Change
Jan 12 2004 // Another year, another chance to make a change. January 1 is a day just like any other. Its assignment as the first day of a new year, however, provides a target date to begin changing things—hopefully for the better,...
ARK. AGENT ARRESTED:
Jan 12 2004 // Arkansas Insurance Commissioner Mike Pickens announced that Steven Edward Gwin was arrested and charged with a class D felony count of Fraudulent Insurance Act. According to investigators with the Arkansas Insurance...
Building Agency Value Through Perpetuation
Jan 12 2004 // Editor’s note: Agency perpetuation, or ownership succession for an agency, seems to be on the minds of many agency owners today. To address issues involved in planning for the transfer of agency ownership, the...
The Rule of 55
Jan 12 2004 // When the Rule of 55 was first explained to me in 1981, it didn’t have much impact. In fact, I had never heard of the rule. After all, I was 42 years old and in charge of a rapidly developing insurance agency. I...
The Challenge of Perpetuation
Jan 12 2004 // Agency principals are getting younger, but not fast enough. A recent analysis found that of the 2,700 principals in Independent Insurance Agents of Texas (IIAT) member agencies, 5 percent were under 35. While that...
CNA Targets $1 Billion in Main Street Business
Jan 12 2004 // The small business unit of Chicago-based commercial lines insurer CNA hopes to hit $1 billion in premium volume at the end of 2005 by targeting Main Street businesses with more customized policy forms and a stripped-down...
Rogue Agent Continues Operating in Northwest Ark.
Jan 9 2004 // Arkansas Insurance Commissioner Mike Pickens issued a warning that despite his arrest for fraud, Steven Edward Gwin, better known as Steve Gwin, is continuing to sell insurance products in the Northwest Arkansas area....
PIANY Seeks Legislators’ Help on Fraud, Other Issues
Jan 9 2004 // At a recent meeting with New York legislators, representatives of the Professional Insurance Agents of New York State Inc. stressed the need fight to auto insurance fraud; to define the permanent status of the New York...
Trusted Choice Blitz Pushed Back
Jan 6 2004 // The first in a series of five Trusted Choice ad campaigns in 2004 has been moved to March 1 and will run through March 14, according to the Independent Insurance Agents and Brokers of America. The delay will not affect the...
Felony Charges Filed Against Kan. Agent
Jan 5 2004 // The Kansas Insurance Department, in cooperation with Sheridan County Attorney Mike Haas and the Kansas Attorney General’s Office, has filed felony charges against a Selden, Kan., insurance agent. An investigation by...
IIABA Releases 2004 Legislative Agenda
Jan 5 2004 // The Independent Insurance Agents & Brokers of New York Inc. announced today that ending the $1 billion drain on New York motorists and freeing the state’s construction industry from a severe crisis created by...
William Irons Resigns from R.I. Senate; Agent Refused to Reveal Clients
Jan 5 2004 // President William Irons, a 20-year veteran of politics and long time insurance agent, is resigning from the Rhode Island State Senate rather than disclose his insurance clients. Irons announced that he has resigned as...
