Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Sacramento Agent Hit with 13 Charges
Sep 6 2001 // Suzanne Beall, president of Northstate Insurance Agency Inc., was arrested at her residence and moved to the Sacramento jail. Beall was charged with two felony counts of grand theft; two felony counts of destroying...
NAMIC Says GAO Report Affirms Group’s Stance on NAIC’s Ability
Sep 3 2001 // The National Association of Mutual Insurance Companies (NAMIC) says a long-anticipated General Accounting Office (GAO) report on state regulatory initiatives confirms the association’s position that while state...
2000 Surplus Lines Premium Report
Sep 3 2001 // Processing at the Surplus Lines Stamping Office of Texas this year confirms what underwriters, agents, and risk managers already know – the hardening of the Property/Casualty market continues. Through August, the...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
LAAA JOINS NAAA
Sep 3 2001 // The National Auto Agents Alliance at its Board meeting in Atlanta, Ga., accepted an application for affiliation from the Latin American Agents Association. The LAAA is a three-year-old organization headquartered in Los...
Are Producers Always the Agents of Insurers’
Sep 3 2001 // Texas has a statute, section 21.02 of the Insurance Code, which makes insurance intermediaries the legal agents of carriers for many purposes. Lots of people believe producers are always the agents of insurers with respect...
Attempts at Workers’ Comp Reform Could Hurt Agents, Small Business
Aug 30 2001 // According to Insurance Brokers and Agents of the West (IBA West), a workers’ compensation bill moving its way through the California Legislature doesn’t go far enough in attempts to reduce costs to reform the...
Latin American Agents Association Joins the National Auto Agents Alliance
Aug 29 2001 // At its Board meeting in Atlanta, Ga., the National Auto Agents Alliance (NAAA) accepted an application for affiliation from the Latin American Agents Association (LAAA). The LAAA is a three-year-old organization...
American Agents Alliance to Stir Up Ideas at 2001 Conference & Expo
Aug 27 2001 // A two-day “Agency Management Training Camp” is among the highlights of the American Agents Alliance 2001 Conference & Expo, to be held Sept. 19-23 at the Westin Mission Hills Resort in Rancho Mirage,...
It’s Fire Season: Time to Brush Up on Coverage and Prevention
Aug 27 2001 // Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster. As of Aug. 15, close to 300 wildfires...
Broker Trucks on Down to Jail
Aug 27 2001 // North Hollywood insurance broker Shahin Sean Pelaseyed was sentenced to 180 days in county jail and five years probation by a Van Nuys District Superior Court. The sentencing comes six months after Pelaseyed pled no...
Booz-Allen Survey Reveals Gap Between Internet Insurance Offerings and Customer Needs August 24, 20
Aug 24 2001 // Despite explosive growth in traffic, many insurance Internet sites fail to measure up to competing bank and brokerage sites, according to a recent eInsurance study by Booz-Allen & Hamilton, a worldwide management and...
InsureZone Product Gets Co-Marketing Endorsements from IIAA Organizations in 5 States August 23, 20
Aug 23 2001 // InsureZone, the “clicks and mortar” insurance agency that offers access to insurance products through multiple channels, announced that AgentSecure, its web-based market-access program for small and rural...
St. Paul Educates Boston Brokers/Agents on
Aug 22 2001 // Kae Lovaas, president of The St. Paul Companies Global Technology Underwriting unit, told Boston-area agents and brokers about e-commerce risks at a seminar on Tuesday. She pointed out that traditional insurance policies...
Silver Plume Introduces Sage Reference Tool for Commercial P&C Agents
Aug 22 2001 // Insurance Reference Systems Inc. (Silver Plume), an AMS company, announced the introduction of Sage, a web-based, intelligent research tool that uses an insurance-specific, Internet-style engine to search its library of...
Texas Homeowners Market Shaken by Mold
Aug 20 2001 // After the decision by Farmers Insurance to put the brakes on writing new homeowners policies in Texas beginning Aug. 15, the market in Texas experienced an upheaval, according to the Independent Insurance Agents of Texas...
Microsoft’s ‘Virtual Team’ Takes Insurance to the Fast Track
Aug 20 2001 // It’s the twelfth round, and the technology industry has been badly battered—but it’s still in the ring and on its feet. Participants in the new economy that have held on thus far are forging ahead, priorities...
e-Business Moving Slowly but Steadily For Wholesalers
Aug 20 2001 // The insurance industry is beginning to utilize technology to more efficiently conduct business, but that integration is a long, slow process, according to a panel of wholesalers and market leaders. Shand Morahan &...
The Info Management Challenge
Aug 20 2001 // One burdensome fact of professional life for agents is that the industry may be the unrivaled champion when it comes to accessing and maintaining consumer information. This information can come from a variety of sources...
PIANJ Defends Terminated Agent
Aug 17 2001 // Pennsylvania Insurance Commissioner M. Diane Koken announced the Insurance Department has finalized regulations protecting the financial privacy of Pennsylvania insurance consumers. With this new regulation, insurance...