Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Ohio DOI Creates New, More Decorative Agent License Certificate
Feb 7 2001 // Ohio Insurance Department Director Lee Covington announced that the department has designed a new license certificate for Ohio insurance agents and other licensees that can be used for display purposes. The new...
Agent’s License Revoked for Defrauding Senior Citizens
Feb 7 2001 // California Insurance Commissioner Harry Low revoked the license of former insurance agent Raymond Michael Graney, who did business as Team Concepts Insurance Services. An administrative hearing on Graney’s licensing...
New York Implements e-Commerce Guidelines on Advertisements, Referrals and Solicitations
Feb 6 2001 // New York Superintendent of Insurance Neil D. Levin has issued guidance to the industry concerning the application of the New York Insurance Law to insurance advertisements, referrals, and solicitations on the Internet. The...
American Agents Alliance Ends Affiliation with NAAA
Feb 5 2001 // A resolution to officially end the relationship between the American Agents Alliance and the National Auto Agents Alliance went into effect on Jan. 1, 2001. The resolution was reached at the Alliance Board of Governors...
InsureHiTech Sets Its Sights High, Opens Austin Office
Feb 5 2001 // Redefining the insurance industry is no small task. Just ask Rick Maloy, president of InsureHiTech, a company that has great hopes of changing the agency management system of every insurance agent, broker and carrier in...
Crop Insurance: A State of the Industry Report
Feb 5 2001 // Last year was an eventful one for the crop insurance industry with a new farm package including modifications such as an $8 billion subsidy package and a $7.1 billion bailout for farmers hurt by depressed crop prices. It...
The Reeducation of Texas Agents
Feb 5 2001 // Looming agent licensing changes stemming from the Gramm-Leach-Bliley Act could have a direct effect on how and what information agents receive through continuing education classes. Already, 30 states have begun preparing...
Let’s Talk
Feb 5 2001 // The ways that agents talk to one another are changing-a result of a developing profession that demands a lot more attention and time in the saddle. As commissions dropped with soft premiums, it made more sense for agents,...
TRAVELERS PERSONAL LINES AGENTS
Feb 5 2001 // Travelers has launched a new Internet-technology-based automation system for personal lines independent agents in an effort to save them time and improve their profitability by simplifying the quoting and issuing of new...
Bank Proposal for Federal Insurance Oversight Opposed by Industry
Feb 1 2001 // The American Bankers Association Insurance Association has proposed the legislation that would effectively create two new federal charters – one for insurance companies and a second for insurance agencies – and...
Commercial P/C Rates Hardened in 2000
Jan 30 2001 // Through its fourth quarter 2000 Commercial Insurance Market Index, released yesterday, The Council reported commercial property/casualty premium rates across all lines of the business and group medical coverage rose...
Online CE Courses are Changing the Ways Agents Get Educated
Jan 29 2001 // Sadly, this is the mindset of many agents when it comes to continuing education. Every agent knows the important role that continuing education (CE) plays in keeping up with the industry’s ever-changing business...
San Diego Insurance Agent Arrested for Selling Bogus Policies
Jan 29 2001 // Investigators with the California Department of Insurance Criminal Investigations Branch arrested Ronald Prasky, the owner of San Ysidro-based Border Pacific Insurance Services, for selling bogus insurance policies. The...
NIA Creates a Network of Success for Smaller Premium-Volume Agents
Jan 29 2001 // Big things are happening up in little Grass Valley, Calif. A membership insurance group called Networked Insurance Agents (NIA) is building a network that allows agents to own their business and retain their independence...
How Do You Plan to Use the Surplus Line Market in 2001′ Readers Respond
Jan 29 2001 // In the Sept. 4, 2000, issue of Insurance Journal we ran a one-page survey in hopes of finding out how you, our readers, plan on using the surplus line market in 2001. Four of the 32 respondents returned the form via fax,...
NY DOI Revokes Agent’s License for Scam that Targeted Elderly
Jan 26 2001 // New York Superintendent of Insurance Neil D. Levin has revoked the license of insurance agent Tiber Tomshaw’s for the illegal sale of securities. He also issued a warning to New York consumers concerning the sale of...
Ebix.com Partners With Risk Management Technologies
Jan 25 2001 // ebix.com Inc. has partnered with Risk Management Technologies Inc., a move that gives surety agents and brokers using the new ebixASP agency management system access to a surety bond management system. Risk Management...
Independent Brokers Helped Zurich’s Strong
Jan 24 2001 // The Anglo-Swiss Group Zurich Financial reported a 25 percent increase in U.K. sales for the year 2000, and attributed the rise to the efforts of independent brokers. Independent financial advisors helped push sales of...
Travelers Launches Web-based Quote, Rate and Issue System For Personal Lines Agents
Jan 23 2001 // Travelers has launched a new Internet-technology-based automation system for personal lines independent agents in an effort to save them time and improve their profitability by simplifying the quoting and issuing of new...
After 300 Years, Lloyd’s Opens Its Doors to Brokers Worldwide
Jan 22 2001 // Confirming plans announced in a “Discussion Document” in October 1999, Lloyd’s officially opened its doors to brokers from outside the London community for the first time in its 300-year history....
