Monthly Archives: <span>August 2005</span>

Looyenga Outlines Major Hurricane Policy Changes

Open Market System Suggested: It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Ins-urance said at the Florida Assoc-iation of Insur-ance Agents 101st Conven-tion and Educ-ation Symposium in …

Bill Stiglitz Tells AIIA, Compensation System Under Attack

Our compensation system is under attack, independent agents put about $2 billion in their pockets due to profit sharing and it is under attack, there is no doubt about it,” Bill Stiglitz, Independent Insurance Agents and Brokers of America president-elect …

S. Fla. Agent Arrested for Switching Policies, Defrauding Seniors

An insurance agent who targeted victims between the ages of 72 and 86 and fed on their fears about aging has been arrested for allegedly defrauding at least nine South Florida senior citizens by offering them a quote for one …

IIANC Honors Broker of the Year, Company of the Year

Two awards have been presented by the Independent Insurance Agents of North Carolina: Burns & Wilcox/Moorehead City has been named “Broker of the Year;” and GMAC Insurance has been honored with the “Company of the Year” award. The awards were …

News Briefs

ALABAMA Hurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep. Spencer Collier, R-Irvington, …

Florida CFO Gallagher’s Releases ‘Shock’ Miami Public Adjuster

Dear Mr. Gallagher, As a single mother and licensed public adjuster, I have been shocked by the apparent lack of clarity from your office. In a July 11, 2005 article in Insurance Journal Southeast entitled, “DFS Agencies Launches Search and …

Response to Market, Choosing a Strategy Critical

The speed at which insurance providers respond to the market is critical and their timing in choosing a strategy is critically important, Dennis Rowe, Penn National CEO, said during the Alabama Independent Insurance Agent’s annual conference and exhibit in Destin, …

Editor’s Note: All the News That’s Fit to Print

When I attended several recent news events and conferences I noticed thatwhen I entered the room, people’s “hackles” immediately went up-they either stopped talking or began speaking in muted tones, as if they were afraid I would hear what they …

Latin Agents Tackle Wind Damage Issues; Explain Confusing Condo Statutes

Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agents, went into high-gear during the opening general session of LAAIA’s 35th annual …

Distracted Driving: Is Your Organization Steering Clear of Liability Risks?

Drivers who are mentally or physically distracted react more slowly to traffic conditions and significantly reduce their “margin of safety” leading them to take risks. Consider this scenario: Your employee is driving down the road talking on a cell phone. …