Latest Agencies Headlines

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

Insurer Insolvency: Will Agents Be Held Responsible’

May 7 2001 // Those of us who have been in the insurance business for fifteen years or so can remember when there was a limited number of rating agencies assigning ratings to insurance companies. Today, there are more opinions on...

What the Heck is XML’

May 7 2001 // A persistent problem in delivering the insurance product quickly and accurately to the consumer is that there is no uniform way for all the players behind the scenes to communicate. There are way too many human touches and...

Connecticut Insurance Department Joins Site

May 4 2001 // The Connecticut Insurance Department recently joined other state agencies on Connecticut’s CLIC (Connecticut Licensing Info Center) website. The website, www.ct-clic.com, offers direct, online access to licensing and...

Wells Fargo Acquires ACO Brokerage Holding Corp.

May 3 2001 // Wells Fargo & Company announced the completed acquisition of ACO Brokerage Holding Corporation, parent company of Acordia Inc., one of the nation’s largest independent property/casualty insurance...

Sen. John McCain Scheduled to Speak at IIAA Conference

May 2 2001 // Republican John McCain, former Presidential candidate and current Arizona Senator, will speak at the Independent Insurance Agents of America’s (IIAA) 25th Annual National Legislative Conference. McCain will address...

Lloyd’s Changes Internet Sites To Increase Broker Access

May 1 2001 // Lloyd’s announced that its old general website designation – www.lloyds.com – has become “An internet portal that will give insurance brokers and intermediaries all over the world direct access to...

Yates is New Executive Director of ACT

May 1 2001 // The Independent Insurance Agents of America (IIAA) announced that Jeffrey M. Yates is the new executive director of the Agents Council for Technology (ACT). Yates replaced Len Brevik, who left IIAA and the ACT position to...

Lloyd’s Admits Non-U.K. Based Brokers For the First Time

Apr 30 2001 // Of the six new brokers admitted to Lloyd’s select fraternity five are based outside of the U.K., marking the first time that the venerable institution has given foreign brokers direct access to the Lloyd’s...

Independent Agents to Descend on Washington, D.C.

Apr 30 2001 // More than 600 independent insurance agents will take over the nation’s capital for several days this week as the 25th Annual National Legislative Conference convenes May 2-4 at the Grand Hyatt Hotel in Washington,...

Tortious Interference and Business Competition

Apr 30 2001 // Insurance agents are in a tough spot. They compete for business against nearly everybody: each other, banks, financial analysts, annuity companies, and—yes!—even insurers. Often, it seems that insurance agents have to...

Forum for Independent Agents Addresses Privacy

Apr 26 2001 // The Chartered Property Casualty Underwriters will host its annual scholarship forum, “Privacy, Problems, Predictions, Pundits,” on May 3 at the Amica Insurance Company Amphitheater in Lincoln, R.I. The...

Independent Agents to Descend on

Apr 25 2001 // More than 600 independent insurance agents will take over the nation’s capital for several days next week as the 25th Annual National Legislative Conference convenes May 2-4 at the Grand Hyatt Hotel in Washington,...

AMS Users’ Group National Conference Brings Together 3,000 Independent Agents

Apr 24 2001 // More than 3,000 independent insurance agents are gathering this week for four days of education, networking and exhibits at the AMS Users’ Group 25th National Conference. Taking place at the Opryland Hotel in...

CoverageCorp Raises $8 Million for Development

Apr 24 2001 // Access CoverageCorp Inc., the Charlotte, N.C. Internet-based business insurance technology and solutions provider, announced that it has raised $8 million in a second-round financing. The leader in this round has been...

CDI Seeks to Revoke Sacramento-Area Broker’s License

Apr 24 2001 // California Insurance Commissioner Harry W. Low announced the filing of a formal legal complaint by the California Department of Insurance against Abraham and Associates Insurance Services Inc. and its owner, Mark Roland...

CDI Sinks Plans for Unlicensed Marine Agencies

Apr 23 2001 // Four entities and three individuals have run aground of the law when it comes to selling marine policies in the State of California. The California Department of Insurance (CDI) issued a Cease and Desist Order on March 30...

As Farming In America Changes, Crop Insurance Is Everyone’s Concern

Apr 23 2001 // In 1790, farmers made up about 90 percent of labor force. “Farming has changed so much. The old guy wearing his overalls, holding a pitchfork and standing with his wife in front of the barn—there just aren’t...

Equale Moves On, Rusbuldt Moves In At the Big ‘I’

Apr 23 2001 // Robert A. Rusbuldt has stepped up as the new CEO of the Independent Ins-urance Agents of America (IIAA), replacing Paul A. Equale, who will now be focusing on his role as Chairman of the Democratic Business Council. Equale...

The Producer Dilemma Revisited: There are Solutions

Apr 23 2001 // Four years ago, we wrote an article for Insurance Journal that outlined what we called the “Producer Dilemma.” This article follows up on what has been a chronic problem of finding good producers for the...

Corralling The Horse Market

Apr 23 2001 // In today’s steady economy, equine insurance could be one of the best markets you’ve never thought about tapping. Then again, if you don’t know the front end of a horse from the back, it could also be the...