Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Mich. Report: House Fires and Deaths on the Rise
Dec 23 2007 // The number of reported house fires and fire-related deaths in Michigan increased last year, with many homeowners not maintaining working smoke alarms, according to a report released by the Michigan Association of Insurance...
Agents Wish for More Stability, But Predict Soft Market Will Continue in 2008
Dec 23 2007 // Industry hopes for disaster solutions, federal terrorism insurance extension, regulation reform and more In 2007, buyers of insurance reaped in the rewards of a soft insurance market. But for agents and brokers the soft...
Country Financial Enters Chicago Market, Names Fisher as Director
Dec 23 2007 // Rural company comes back to its roots in the big city Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and...
On the Radar for 2008
Dec 23 2007 // It’s that time of year — predictions about everything from the economy to politics run rampant with a new year. Predicting the future is never easy. But there are some issues facing the independent agency system in...
The Quiet Giant
Dec 23 2007 // The secret is out: Utah-based Leavitt Group is big – it now operates in 115 locations Kelly Russell, a director and chief affiliation officer for the Leavitt Group, pondered the question put before him: What would most...
Despite Firefighting Prowess, the Russians Aren’t Coming
Dec 23 2007 // Global firefighter claims U.S. Forest Service stonewalls on Russian aid while U.S. wildfires burn While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square...
2007: Climate Change Dominates Debate While Soft Market Hits Entire P/C Market
Dec 23 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Mass. Reports $4M Judgment Against Insurance Broker Wm. Gallagher
Dec 21 2007 // Massachusetts officials say they have won a $4 million judgment against a large Boston-based insurance broker over questionable compensation and reinsurance practices. Attorney General Martha Coakley’s office...
Cavigna & Associates Names Employee Benefits Broker
Dec 21 2007 // San Diego-based Cavignac & Associates has named Matthew Noonan a new broker in the employee benefits department. Prior to joining Cavignac & Associates, Noonan served worked with John Burnham Insurance, in San...
Mich. Insurer Fined for Failing to Make Sure Agents Were Licensed, Appointed
Dec 21 2007 // A Michigan-based insurer has been fined $230,000 by the Conneticut Department of Insurance for failing to make sure agents were licensed and appointed to sell policies in the state. Foremost Insurance Co., which...
Ala. Insurance Agent Loses Runoff for House Distict 12 in Light Voting
Dec 21 2007 // Cullman County, Ala., Commissioner Wayne Willingham won the Republican nomination for Alabama House District 12 and advances to the general election Jan. 29 against Democrat James C. Fields. In light voting in the...
Wells Fargo Buys 4 Agencies
Dec 20 2007 // Wells Fargo & Co.’s Wells Fargo Insurance Services Inc. reports it has bought four insurance agencies. The insurance brokerage acquired Technology Insurance Services Inc., Redwood City, Calif; Rogers &...
Rating Agencies Positive on ACE, Aon, Munich Re Deal for Combined, Sterling
Dec 18 2007 // The rating agencies have generally been positive about ACE’s acquisition of Aon’s Combined Life Insurance Company and Munich Re’s purchase of Sterling Life. The specific reactions were as follows: A.M....
Rockwood Expands Agents’ E&O Coverage
Dec 17 2007 // Rockwood Programs Inc. has expanded its life, accident and health insurance agent’s E&O product offering to include two new endorsements. One enhancement expands coverage to include incidental property and...
Correction: Texas Insurance Professionals Honored by Utica National
Dec 17 2007 // Editor’s Note: The original version of this story incorrectly identified Mark Solomon, Jr. as being associated with All Auto Insurance Agency Inc. in Richardson and a TIP Board member. Mark Solomon, Jr. is head of...
Companies Suing West Va. Insurer BrickStreet Over Agent Commissions
Dec 17 2007 // Two companies are suing West Virginia’s workers’ compensation writer BrickStreet Mutual Insurance Co. over agent commissions. Aero-Fab Inc. and The Bunch Co. allege that Brickstreet is billing companies for the...
Latin American Agents Association Recognizes Valor Awards
Dec 17 2007 // The Latin American Agents Association has announced its Valor Award winners, honoring the “unsung heroes” of the insurance industry, the men and women who help front-line producers achieve success without any...
O’Neal Promoted to Broker for Colemont-Chicago
Dec 14 2007 // Colemont Insurance Brokers announced Judd O’Neal’s promotion to broker in the company’s Chicago office. Judd joined Colemont in November 2006 as part of a property brokerage team after four years with a...
Texas Insurance Professionals Honored by Utica National
Dec 13 2007 // Texas Insurance Professionals recently received the Outstanding Sales Achievement Award from the Utica National Insurance Group. Utica Special Programs Vice President/Director Curtis Pearsall praised Mark Solomon Jr., of...
Agent Association Report: Mich. House Fires and Deaths on the Rise
Dec 12 2007 // The number of reported house fires and fire-related deaths in Michigan increased last year, with many homeowners not maintaining working smoke alarms, according to a report released today by the Michigan Association of...
