Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
CAA Member Duncan, Fraser & Bridges Earns ACSR Award
Jul 9 2003 // The Combined Agents of America, LLC (CAA) announced that the Independent Insurance Agents of Texas (IIAT) has awarded CAA member Duncan, Fraser and Bridges Insurance Agency Inc., Pampa, TX, the “Accredited Customer...
Fairfax Wins U.K. Court Decision in Odyssey Re Case
Jul 9 2003 // Toronto’s Fairfax Financial Holdings announced that a London court has ruled in its favor in a case brought by a subsidiary, Sphere Drake Insurance, against underwriting agents who, it alleged, fraudulently obtained...
Community Banks, Inc. to Acquire Two Pa. Agencies
Jul 9 2003 // Community Banks, Inc. announced that it has entered into a definitive agreement to acquire Your Insurance Partner, an agency with offices in Mechanicsburg and Dillsburg, PA. The transaction is subject to regulatory...
ACT Says Careful Move to Paperless Environment Will Reportedly Benefit Independent Agency System
Jul 8 2003 // There are reportedly many potential benefits for the independent agency system as many carriers begin to “turn off” the paper traditionally sent to agents and replace it with electronic information. However,...
Shults Appointed VP at Vista Insurance Partners
Jul 8 2003 // Wholesale insurance broker Vista Insurance Partners announced the appointment of Russell Shults as vice president in its San Antonio office, located at 5750 Northwest Parkway, Suite 100. Shults has more than 13 years...
PIANJ Seeking Agents Interested in Earning CIC Designation
Jul 8 2003 // The Professional Insurance Agents of New Jersey Inc. is calling for nominations for its 2003 Certified Insurance Counselor scholarship opportunities. Selected individuals will receive a $350 scholarship to one CIC...
Fourteen Arrested in Fraud Sweep
Jul 7 2003 // The CDI and the Los Angeles County Auto Insurance Fraud Task Force arrested 14 people who are suspected of defrauding three insurance carriers in a criminal conspiracy. The suspects allegedly sold insurance policies to...
Insurance Agent Charged with Grand Theft
Jul 7 2003 // Arshak (Mike) Rostomyan, 27, of Glendale, Calif., was arrested for allegedly selling fraudulent insurance policies and charged with three counts of grand theft. According to CDI investigators, Rostomyan, who owns All...
The Benefits of Forming Your Own Premium Finance Company
Jul 7 2003 // This is the first in a three-part series on captive premium financing. Part Two will run in the July 21 issue of Insurance Journal. Agents and managing general agents continue to reap the benefits of a growing excess and...
Networked Insurance Agents Begins Expansion in West
Jul 7 2003 // In continued efforts to provide access for small to medium-sized agencies to insurance carriers who traditionally do not work though wholesalers, Grass Valley, Calif.-based Networked Insurance Agents has teamed up with...
PIANJ Commends Senate on Passing Measure Protecting Agents’ Books
Jul 7 2003 // The Professional Insurance Agents of New Jersey Inc. commended the state Senate for its unanimous passage of legislation to help ensure agents’ ownership and commission rights are continued when an insurance company...
A Hard Market: The Most Opportune Time to Save for a Rainy Day
Jul 7 2003 // In a hard market, like the one we’re experiencing lately, many of the positive effects of the increased revenue can also carry some consequences that can negatively affect your agency down the road. A hard market is...
IIAT’s ‘Oscars’: Association Bestows Awards, Celebrates New Leadership
Jul 7 2003 // The Independent Insurance Agents of Texas 106th annual convention, held recently in San Antonio, was a huge success, with record attendance and lots of networking and educational opportunities for attendees. The event was...
Latino Market Heats Up
Jul 7 2003 // It is nearly impossible to deny the impact the burgeoning Hispanic population has and will have on American culture and its markets. The marketplace for insurance is no exception. Hispanics are now the country’s...
N.J. Auto Reforms May Signal Regulatory Climate Change Nationwide
Jul 7 2003 // When Governor James E. McGreevey signed The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625), he launched another effort aimed at solving the state’s automobile insurance crisis. This time,...
Seeing Your Agency Today With the Eyes of Tomorrow
Jul 7 2003 // If you could see your agency today with the eyes of tomorrow, what would be the view? Too many agencies have no idea. Caught up in the continuing race to keep up with, if not ahead of, the competition, many agency...
First Niagara Risk Management Acquires Two Rochester Agencies
Jul 3 2003 // First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based...
Florida Seeks to Revoke Agents’ Licenses
Jun 27 2003 // The Florida Department of Financial Services reported that it is seeking to revoke or suspend the licenses of two Orlando-area insurance agents who allegedly marketed phony policies. Michael Edward Rock, 33, of 1650...
IIASA to Hold D&O Seminar
Jun 27 2003 // The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on...
Dominion of Canada Announces NB Broker Appointments
Jun 27 2003 // The Dominion of Canada General Insurance Company announced that all offices of The Huestis Group Agencies in northern New Brunswick are now authorized to do business with the company In announcing these broker...
