Latest Agencies Headlines

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

Fort Worth Bank Forms Agencies

Jan 24 2003 // Fort Worth, Texas-based Summit Bank formed two insurance agencies to provide property, casualty, life and employee benefits insurance services. According to the company, Summit Property & Casualty will operate in...

Lloyd’s Accredits, Canadian, Italian Brokers

Jan 24 2003 // Lloyd’s announced that it has recently accredited Canada’s Beach & Associates Ltd. and Italy’s Aon Italia Srl as the first new brokers to be given full access to the Lloyd’s market in...

Louisiana Agent Booked for Theft, Misappropriation

Jan 24 2003 // A Slidell, La. insurance agent was charged on numerous counts of theft and misappropriation, the latest in a series of insurance fraud arrests around the state, according to acting Louisiana Insurance Commissioner Robert...

CIAB Market Survey Reports Premiums Still Gaining

Jan 23 2003 // According to a survey by The Council of Insurance Agents & Brokers (CIAB), more than two-thirds of the small and medium-sized commercial property/casualty accounts and 59 percent of the large accounts experienced...

Zurich North America Small Business Forms Partnership with Foremost Co.

Jan 22 2003 // As part of its strategy to provide independent agents with easy access to high-quality products and services through the internet, Zurich North America Small Business announced the formation of a cross-selling alliance...

Broker Course Highlights Integration Benefits Offered by DMEC

Jan 16 2003 // San Diego-based Disability Management Employer Coalition (DMEC), a non-profit professional educational association has teamed up with its key sponsors to introduce the first in a series of Continuing Education courses for...

Aon Receives First Chinese Foreign Insurance Broker License

Jan 16 2003 // Chicago’s Aon Corp. announced that it has become the first foreign insurance broker to be granted a license for a joint venture partnership by the China Insurance Regulatory Commission (CIRC). The company received...

Lockton Insurance Brokers Names New SVP and COO

Jan 15 2003 // Lockton Insurance Brokers of San Diego Inc. announced the appointment of Timothy Jablonski as senior vice president and COO. Jablonski, who has over 29 years of experience in the insurance industry, is a recognized...

IIABA Praises President for Reauthorization of Flood Insurance Program

Jan 14 2003 // The Independent Insurance Agents & Brokers of America (IIABA) is commending the responsiveness of Congress and President Bush for approving legislation that reauthorizes the National Flood Insurance Program...

Rating Agencies Lower AXA’s U.S. Reinsurance Companies on Restructuring Plans

Jan 14 2003 // Yesterday’s announcement by France’s AXA Group that it would significantly curtail reinsurance operations in the U.S. (See IJ Website Jan.13) – ceasing both its financial guaranty reinsurance activities...

New Fla. Dept. of Financial Services in Full Swing

Jan 13 2003 // The Florida Department of Financial Services, the new agency resulting from the merger of the departments of Insurance and Banking and Finance, has opened its doors. The agency, headed by Chief Financial Officer Tom...

CDI ANNOUNCES TOLL-FREE TELEPHONE LICENSE RENEWALS

Jan 13 2003 // The California Department of Insurance (CDI) announced the addition of another method for California resident licensees to renew their licenses. CDI is now able to process renewals for its California resident licensees...

To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line

Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year is bound to turn up at least one account of regulators cracking down on an insurance agent for a...

Fraud, Leaving its Prints on the Industry

Jan 13 2003 // Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of...

New Year…New Fraud Scams…New Fraud Solutions

Jan 13 2003 // Most people wake up on New Year’s Day and make a resolution: lose weight, exercise more, spend more time doing the things you enjoy. The National Insurance Crime Bureau (NICB) woke up on New Year’s Day 2003...

OKLAHOMA AGENT FINED $20K

Jan 13 2003 // According to Oklahoma Insurance Commissioner Carroll Fisher, a Ponca City agent has agreed to pay a $20,000 fine, forfeit his license and pay claims from customers who thought they had insurance but did not. The agent,...

Willis NA’s Outlook Raised

Jan 13 2003 // Moody’s Investors Service revised its outlook on the debt ratings of Willis NorthAmerica Inc., a subsidiary of Willis Group Holdings. to positive from stable. The rating agency commented that improved earnings,...

Fraud, Leaving its Prints on the Industry

Jan 13 2003 // Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of...

To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line

Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year, is bound to turn up at least one account of regulators cracking down on an insurance agent for a...

The Agency Business Plan – A Road Map to Success

Jan 13 2003 // Why Plan? As the manager and/or owner of your agency, you know that every task you undertake on a daily basis should be one step closer to the completion of an overall agency plan. Why plan, you ask? It is no secret that...