Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Programs, Beacons of Stability in Tumultuous Markets
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
INSURBANC EXPANDING
Aug 5 2002 // InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers, and their clients, won regulatory approval to expand its operations to 15...
AAI, IIABA LIKE MED-MAL PLAN
Aug 5 2002 // President Bush’s proposal for major legislative reforms to address the medical malpractice liability crisis has been praised by both the Alliance of American Insurers and the IIABA. In a recent speech in North...
Willis Commercial Network Chooses The Hartford’s BMG to Aid in U.S. Expansion
Aug 2 2002 // The Hartford Financial Services Group announced its Business Management Group (BMG) will provide agency management expertise to Willis Commercial Network as the latter prepares to expand its U.K. operation throughout the...
Main Street America Group’s Online Homeowner Policy Change Function Proving Success
Aug 2 2002 // Main Street America Group announced that the recent rollout of its homeowner policy change request application online has been well received by its independent agency partners. Main Street America Group’s homeowner...
Financial Keyosk Introduces ‘Agency in a Box’
Aug 1 2002 // Illinois-based Financial Keyosk has introduced a new technology platform, “Agency in a Box,” which the company says is a turnkey solution that will allow thousands of agents to start their own independent...
IIABA Outlines Models for Auto Reform to NCSL
Jul 31 2002 // Today’s auto insurance oversight system suffers from a lack of efficiency, cost effectiveness, and timely decision-making, but greater regulatory reliance on market competition would help streamline and depoliticize...
IIABA Calls for Medical Malpractice Reform
Jul 30 2002 // Americans face a new threat to their health care in the form of a medical malpractice litigation crisis that if left unchecked will make quality health care harder to find, Robert A. Rusbuldt, CEO of the Independent...
N.Y. Brokers Offered Licensing Renewal via the Internet
Jul 26 2002 // New York Superintendent of Insurance Gregory Serio announced that all of New York’s approximately 35,000 authorized brokers now have the ability to renew their licenses electronically via the internet 24 hours a day,...
The Hartford Introduces Online Center for Small Businesses
Jul 25 2002 // The Hartford Financial Services Group unveiled its new Web site sb.thehartford.com to help entrepreneurs educate themselves about insurance before they buy. The content-rich, interactive Small Business Insurance Center...
Baldwin Sadler Forms Large Fleet Brokerage Facility
Jul 23 2002 // Pennsylvania-based Baldwin Sadler Corp. has formed a large fleet brokerage facility. The large fleet brokerage facility will entertain submissions from all states except Alaska and Hawaii. Truck fleet risks of 50 or more...
Tarzana, Calif. Agent Arrested
Jul 23 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch arrested Alfred Galoustian, 34, on a felony warrant charging six counts of grand theft. Galoustian’s bail was set at...
Ohio Issues C&D Order Against Former Agent
Jul 23 2002 // Ohio Department of Insurance Director Lee Covington has issued a cease and desist order against former Sandusky County agent Deborah L. Frazier after an investigation revealed she had allegedly acted as an insurance agent...
IIABA Takes Role in Asbestos Litigation Battle
Jul 23 2002 // The Independent Insurance Agents & Brokers of America (IIABA) is ratcheting up its work and grassroots advocacy on the growing asbestos-litigation problem that has insurance companies and business inexorably in the...
Norvax Unveils Tools, Services for Agents
Jul 23 2002 // Norvax Inc., a Web services company for the insurance industry, has unveiled a set of tools and services to enable insurance agents and providers to make money on the Internet. Norvax’s products allow insurance...
Credit Where Credit Is Due
Jul 22 2002 // The ability to transfer risk is one of the cornerstones of our economy and helps create our extremely high standard of living. Without that ability, lenders won’t lend; builders won’t build. The current hard...
Alessandra to Share Business Strategies at IIABA New Orleans InfoXchange
Jul 22 2002 // Noted business speaker Dr. Tony Alessandra will share his insight on marketing, sales, service and relationship-building with attendees at the Independent Insurance Agents & Brokers of America’s (IIABA) upcoming...
A Short Walk Through Surplus Lines
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Surplus Lines, The Industry’s Safety Valve
Jul 22 2002 // It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an acceptable way to improve a steam boiler’s performance when demand peaked. The objective was to increase the...
NAII VP Takes a Look at California’s State of Insurance
Jul 22 2002 // Sam Sorich, vice president with the National Association of Independent Insurers (NAII), says that despite the challenges facing agents and companies in California, the industry is still moving along and meeting its...
