Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
EEOC Sues Allstate Over Age Bias
Dec 31 2001 // Allstate Corp. has been hit with a lawsuit from the U.S. Equal Employment Opportunity Commission. The suit alleges that the company engaged in age discrimination against its agents. According to a New York Times report,...
IBA West Endorses Calderon for Calif. Insurance Commissioner
Dec 28 2001 // The largest trade association in the Pacific West representing independent agents and insurance brokers–which employ more than 15,000 insurance professionals and insure millions of Californians–recently...
Ohio Agents Have Licenses Revoked
Dec 24 2001 // Ohio Department of Insurance Director Lee Covington has signed the second of two orders revoking the insurance licenses of Matthew J. Bower and Abigail Bower, both formerly of Toledo and former agents of the Baron...
Lawyers on Illinois Case Seeking Restitution and Punitive Damages
Dec 24 2001 // Lawyers representing the village of Rosemont, Ill., are seeking restitution and punitive damages in a civil lawsuit against an insurance broker that village officials say allegedly defrauded them out of around $1 million....
Nekema, InsurePoint.com Finalize Merger
Dec 24 2001 // New Jersey-based Nekema Inc. and Ohio-based Insure-Point.com Inc. finished up plans to merge before the end of the year. Company officials recently announced that the newly combined company will operate under the Nekema...
Council of Insurance Agents + Brokers Responds to Failure of Federal Terrorism Reinsurance Legislati
Dec 24 2001 // In response to no Congressional action being taken on federal terrorism reinsurance legislation died in 2001, Ken Crerar, president of The Council of Insurance Agents + Brokers, stated that the move was a disappointment to...
Arrowhead Launches Wholesale Brokerage Division
Dec 20 2001 // Arrowhead General Insurance Agency Inc. announced the launch of a new wholesale brokerage division designed to provide retail insurance producers with a solution for their hard-to-place commercial risks. “We have...
W.K. Cooper and Co. International Insurance Brokers Changes Name
Dec 18 2001 // Bill Cooper, Kevin Crombie and Charles Wardlaw announced that they have changed their company’s name from W. K. Cooper & Co. International Insurance Brokers Inc. to International E&S Insurance Brokers...
IIAA President Supports AMS Services’ Decision
Dec 17 2001 // AMS Services decision to use IVANS Transformation Station has the potential to provide a significant boost to efficient agent-company electronic transactions, said Independent Insurance Agents of America (IIAA) President...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
Independent Agents, Brokers to Meet in Washington, D.C.
Dec 14 2001 // Nearly 800 independent insurance agents and brokers will come together in the nation’s capital April 10-12 for the 26th Annual Independent Insurance Agents of America (IIAA) National Legislative Conference. The 2002...
Calco Insurance Brokers and Agents Purchased
Dec 13 2001 // Donald D. Fey, president of Calco Insurance Brokers & Agents, Inc., announced Calco was bought by its management, producers and by Distribution Partners Investment Capital, L.P., a private investment fund managed by...
InsuranceNoodle Begins Licensing Web-Based Solution
Dec 12 2001 // InsuranceNoodle announced it has begun licensing its web-based NoodleASP(TM) technology solution to regional/national brokers, P&C carriers, managing general agents (MGA), and managing general underwriters (MGU). The...
NASFA Files Suit against State Farm
Dec 11 2001 // The National Association of State Farm Agents Inc. filed suit recently against State Farm in Federal District Court on behalf of members, claiming breach of contract. The action was taken due to alleged raiding of the...
From Promotions to Sport Pros, Special Events Insurance Covers it All
Dec 10 2001 // During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based...
Angels of the Industry 2001
Dec 10 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
2001 IIAA STUDY SEES MORE TECHNOLOGY
Dec 10 2001 // The 2001 Best Practices Study, released recently by the Independent Insurance Agents of America (IIAA), finds that technology is playing an ever-expanding and critical role in the success of Best Practices agencies and...
Nekema Inc., InsurePoint.com Complete Merger
Dec 7 2001 // New Jersey-based Nekema Inc. and Ohio-based InsurePoint.com Inc. have completed a merger. InsurePoint.com was founded in 1996 by Bolton & Company in Pasadena and Atlantic Mutual Companies of New York. Established in...
IIAA Shows Support for Retirement Security Advice Act
Dec 5 2001 // A bill that would empower independent agents and brokers to provide counsel to participants in employer-provided investment plans holds major potential benefits for millions of American workers, Independent Insurance...
Progressive Pilots New System for Independent Agents
Dec 4 2001 // Ohio-based Progressive Insurance is piloting a new system developed to help independent insurance agents write more business with some of the millions of clients who go online to shop for auto insurance. Progressive began...