Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
CSG Announces Sale, Refocuses Core Business
Jul 10 2000 // A definitive purchase agreement has been signed for the acquisition of Columbus, Ohio-based Century Surety Group (CSG) for $31 million, to a consortium of financial entities led by CSG management. The transaction is...
A diamond in the rough
Jul 10 2000 // When I research sites or applications or even claims, I try to go in with the perspective of “how do I or other insurance professionals experience this site and how does it respond to me?” This allows me to be...
October Date For New Lloyd’s Broker Standards
Jul 6 2000 // The new standards that brokers from the United Kingdom and overseas will have to meet in order to trade on the Lloyd’s of London insurance market will be announced in October. The date for the announcement has been...
Zurich U.S. Announces Changes to Surplus Line Brokerage in California
Jun 28 2000 // Zurich E&S Insurance Brokerage Inc. replaced Glendale Specialty Risk Insurance Services Inc. as its wholesale surplus lines brokerage facility in California. The change went into effect on June 15. The office will...
Putting Life Back in Your Agency
Jun 26 2000 // Traditional P&C Agencies Should Consider a Life Department for Increasing Profits, Retention Insured households carry more coverage than ever before, but at the same time the insurance industry is reaching fewer U.S....
Agents in the Claims Process
Jun 26 2000 // In any service industry, speed in responding to customer requests, customer satisfaction with performance (both in the short run and in the long), and accuracy in statements made are all terribly important. The three are...
Surplus Line Association Sets Premium Record in 1999, LOOKS AHEAD IN 2000
Jun 26 2000 // After processing a record $1,524,697,215 in premiums during 1999, the Surplus Line Association of California (SLA) continued to post an increase in premium volume through May of 2000. The overall numbers imply that the SLA...
Fear and Loathing at Reliance
Jun 22 2000 // Commentary By Peter van Aartrijk Jr. Come on, people, he’s personally lost $1 billion as Reliance Group’s majority shareholder. I couldn’t unearth any sorrow. Former Reliance employees are unhappy with...
Online Agent Learning Destination Unveiled
Jun 20 2000 // EMind.com, a business-to-business e-learning provider has signed a deal with iPipeline.com to build an online education arm to iPipeline’s insurance portal. Under the terms of the deal, eMind.com will be the...
Senate Validates E-Signatures
Jun 19 2000 // An electronic signature bill approved by Congress last week contains important liability safeguards for independent agents according to the Independent Insurance Agents of America. S. 761—the Electronic Signatures in...
Yates Announces Departure from IIAA
Jun 14 2000 // Independent Insurance Agents of America (IIAA) CEO for Industry and State Relations Jeffrey M. Yates announced yesterday that he is resigning and will be leaving the association this fall to pursue other opportunities and...
Bill to End Death Taxes Beneficial to Independent Agents
Jun 13 2000 // Last week’s Congressional vote to eliminate the so-called death tax has the Independent Insurance Agents of America very pleased, though they are mindful it is the first step down the long road to enactment. IIAA...
Arthur J. Gallagher Co. Acquires Four Agencies
Jun 12 2000 // Arthur J. Gallagher & Co. has completed four insurance agency acquisitions, purchasing Davis-Poston & Assoc. of Dallas; Bultman/Bell Associates of Greenville and Columbia, S. C.; Universico Group of St. Claire...
Bancassurance Model is Business as Usual in European Countries
Jun 12 2000 // The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities sectors to cross-holdings and business combinations after almost 70 years of...
Whose Responsibility Is It’ Educating Agents and Insureds about Flood Insurance
Jun 12 2000 // The Federal Emergency Management Agency (FEMA) estimates that almost 11,000 households in the U.S. are at risk for flooding, which accounts for 90 percent of all disasters nationwide. Yet, the vast majority of American...
Data Mining vs. PrivacyTrolling for new business leads has been the bane of insurance agents fo
Jun 12 2000 // Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder. It was a bet with a...
BIG CHANGES FOR LLOYD’S
Jun 12 2000 // Last October, Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation of Lloyd’s brokers. Now the results...
Homeowner Policy Sales Make a Successful Online Debut
Jun 12 2000 // One of the most recent “firsts” in online insurance transactions is the opportunity for consumers to actually bind homeowners policies online. Homesite Insurance holds the distinction of being the first company...
Technology is Your Slave, Not Your Master
Jun 12 2000 // The exhibit hall at the ACORD Technology Conference in Orlando last month would have made your head spin. On the one hand, technology is increasingly complex and sophisticated. On the other, it becomes easier when you keep...
Calco Offers 24-hour Online Info.
Jun 5 2000 // The new web site for Calco Insurance Brokers & Agents, Inc., myCalco.com, is providing clients 24-hour access to most of their insurance information. “We created myCalco.com to make it easier for our clients to...
