Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Is It Time to Sell the Agency’
Dec 16 2004 // The following article was published in Insurance Journal magazine on Dec. 6, 2004 Many owners have at one time or another thought about selling their insurance agency or brokerage. Many were tempted but never quite took...
Guy Carpenter Unveils Disclosure Doctrine
Dec 16 2004 // Guy Carpenter & Company, Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has published a “Disclosure Doctrine” for treaty placements globally. The new...
Al Risk Updates ProgramConnect
Dec 16 2004 // The AI Risk division of Risk Specialists Companies Inc., a member company of American International Group Inc. (AIG), announced the expansion of AI Risk ProgramConnect (ProgramConnect), an online specialty lines quote and...
New Zealand Acquisition Expands Sirius Presence in Global Broker Market
Dec 15 2004 // Sirius Financial Solutions, a specialist supplier of software and services to the insurance and financial services industry, has acquired a majority share in New Zealand-based Datasure Management Systems Ltd. “This...
Bowlin to Head Memphis Regions Insurance Group
Dec 15 2004 // David L. “Casey” Bowlin has been named president and CEO of Memphis, Tenn.-based Regions Financial Corporation’s (NYSE:RF) newly created Regions Insurance Group Inc., the corporate parent structure for...
For Mass. Insurance Agents, AG Reilly No Ally
Dec 14 2004 // Massachusetts Attorney General Tom Reilly, who is expected to run for governor, has a history of making life difficult for the state’s independent insurance agents. Last week, the Massachusetts Association of...
Pacific Wholesale Adds Four Staff Members
Dec 14 2004 // Pacific Wholesale Insurance of Texas, based in Dallas, announced the addition of four staff members, Jennifer Hisaw, Brett Kilburn, Kirsten Labauve and Travis Reynolds. Hisaw joins the firm as senior underwriter/broker and...
Progressive Takes ‘Drive’ Online
Dec 13 2004 // The Progressive group of companies has announced the debut of its newest Web site, driveinsurance.com, highlighting the important role that independent agents and brokers play in Progressive’s business model. Drive...
NAMIC: Scope of Change to NAIC Producer Licensing Model Should be Well Defined
Dec 13 2004 // Any solution proposed by the NAIC in response to the broker compensation issue should be targeted to a well defined problem, according to testimony submitted by the National Association of Mutual Insurance Companies...
American Agents Alliance Characterizes CDI’s Proposed Regulations “Unacceptable”
Dec 10 2004 // The American Agents Alliance is continuing to call for the defeat of California Insurance Commissioner John Garamendi’s proposed regulations relating to broker disclosures, terming the proposal...
La. Agent/Pilot Dies in Plane Crash
Dec 10 2004 // The National Safety Transportation Board confirmed that Hammond, La., insurance agent Wade Speed, who was killed when the small plane he was piloting crashed Dec. 5, wasn’t instrument rated. According to...
PCI Seeks Changes to Proposed Rule on Producer Compensation in Oregon
Dec 9 2004 // The Property Casualty Insurers Association of America (PCI) has voiced its general support of the Oregon Insurance Division’s effort to establish an objective way to determine when an insurance broker must make...
13-member Fla. Citizens Task Force Discusses Funding, Customer Service
Dec 9 2004 // The first meeting of the Task Force on Policyholder Services and Relations to Citizens Property Insurance Corp. took place yesterday in Tallahassee. Participants have initially set up operating procedures and discussed how...
Hartford Launches ‘Quote Marine’ eSubmission Tool
Dec 9 2004 // The Hartford Financial Services Group, Inc. has launched a new electronic application submission, rating, quoting and binding tool “Quote Marine,” which will assist agents in selling, servicing and managing...
N.Y. Agents’ Survey Sees Lingering Hard Market
Dec 9 2004 // Independent agents and brokers in New York see premium rates continuing to increase and coverage choices failing to improve for most lines of property casualty insurance in the state despite industry and press reports to...
Big ‘I’ Backs NAIC Compensation Disclosure Amendment
Dec 9 2004 // The Independent Insurance Agents & Brokers of America announced that it supports the stated goals and objectives of the National Association of Insurance Commissioners’ (NAIC) compensation disclosure amendment,...
Alabama Agents Schedule March Legislative Conference
Dec 8 2004 // Alabama agents will be briefed about pending legislation, review topics to discuss with Alabama legislators and attend a BBQ at the Capital March 17 during the 18th Alabama Independent Insurance Agents Legislative...
AmWINS Acquires N.C. Quaker Special Risk
Dec 8 2004 // Charlotte, N.C.-based American Wholesale Insurance Group (AmWINS), a large independent wholesaler, has acquired the southeast office of Quaker Special Risk. AmWINS provides retail agents with insurance services, from...
New Agents Council for Technology Report Outlines Recommendations for Privacy Policies
Dec 7 2004 // As Americans become increasingly concerned about the privacy of their health and personal information, independent insurance agents and brokers must make safeguarding private client information a specific focus within...
PCI Says Revised NAIC Producer Licensing Model Makes Progress, But Still Flawed
Dec 7 2004 // One day after a lengthy hearing on its draft Producer Compensation Disclosure Amendment to the Producer Licensing Model Act, the National Association of Insurance Commissioners (NAIC) released a revised version of the...
