Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Mergers & Acquisitions Made Easy with Your Strategic Advisory Director

Oct 11 2004 // There’s no doubt that mergers and acquisitions are a booming trend right now. Every day, agencies purchase other agencies; large insurers buy out agencies, brokerages merge together to form a united front against...

Industry Pitched In After Hurricanes

Oct 11 2004 // Insurance Journal applauds the industry for its speedy reaction and assistance to assess damage and help out after hurricanes Bonnie, Charley, Ivan, and Frances tore through the southeast leaving major damage — no...

Insurance Industry Meets Challenge As Hurricanes Tear Through Southeast

Oct 11 2004 // National and state insurance industry associations reacted speedily as hurricanes Charley, Ivan, Frances and Jeanne tore through the southeast — all four landing in Florida and continuing on to devastate states as...

30th Annual NAPSLO Conference: Acquisitions, Consolidations, Objectives, Trends Highlighted

Oct 11 2004 // Agency consolidations, consolidator’s objectives and a broad range of other trends and developments were highlighted by Steven S. Wevodau and Robert J. Lieblein, both with WFG Capital Advisors LP, during the National...

Progressive Hopes to Drive Market Share With Independent Agency Brand

Oct 11 2004 // Progressive Insurance Co.’s move to re-brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who are...

CEOs Praise Hudson Valley N.Y. Market

Oct 10 2004 // The Professional Insurance Agents of New York State Inc. celebrated its second annual Hudson Valley Regional Awareness Program recently as about 250 insurance professionals attended the conference in Suffern, N.Y. During...

N.J. Agent Charged in Theft of Sales Commissions

Oct 10 2004 // New Jersey Attorney General Peter Harvey announced that a Monmouth County insurance agent has pleaded guilty to theft charges for stealing more than $43,000 in insurance sales commissions to which he was not...

IIANC Names Bingham Agent of the Year

Oct 10 2004 // The Independent Insurance Agents of North Carolina (IIANC) announced that Bill Bingham has been named as IIANC’s Agent of the Year. Selected annually, this award recognizes the North Carolina agent who has...

Four Companies Honored with Best Practices Award at Big ‘I’ Conference

Oct 10 2004 // Four national insurance companies have been presented the “Best Practices Award of Excellence” at the 2004 Big “I” Convention in Orlando, Fla.. Honorees were St. Paul Travelers, Safeco Insurance,...

Big ‘I’ Concerns: Insurance CEOs Cite Terrorism, Asbestos, Tort Reform

Oct 10 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executive officers participating in a panel discussion during the Oct. 9 to 12 Convention held by the Independent...

Illinois Earns YAC Award at Big ‘I’ Event

Oct 10 2004 // The Young Agents Committee (YAC) of the Independent Insurance Agents & Brokers of America (the Big “I”) has presented its annual award to the Young Agents Committee of the Professional Independent...

Agents E&O is Focus of IIA San Antonio Luncheon

Oct 8 2004 // Independent Insurance Agents of Texas President Bill Harrison, Jr., is slated to speak on agents’ professional liability issues at the Independent Insurance Agents of San Antonio meeting and luncheon on Oct. 21. IIAT...

New Brokerage Opens for Eldercare Business

Oct 8 2004 // Northern Virginia Firm to Balance Value for Both Carriers, Agents Retail insurance agents seeking better service from their brokers have a new resource: K&B Underwriters, LLC. The development could be a welcome relief...

AIG Excess Casualty Introduces New Broker Initiative for Commercial Umbrella Producers

Oct 7 2004 // AIG Excess Casualty(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc., announced the launch of AIG ExcessAdvantage, described as “a new program designed to...

Walker Named President of IIANC; Executive Committee of Association Elected

Oct 7 2004 // The Independent Insurance Agents of North Carolina (IIANC) announced the election of Bo Walker of Walker Robinson Clark in Statesville, as its new president. Walker was elected to the office during the IIANC Annual...

IOA Ranks as 3rd Fastest Growing Agency

Oct 7 2004 // Florida’s largest privately-held insurance agency, Insurance Office of America (IOA), was recently ranked the nation’s 24th largest privately-held insurance agency by Hale’s Report (August, 2004). As the...

Weigley Joins Heffernan Insurance Brokers

Oct 7 2004 // Portland, Ore.-based Heffernan Insurance Brokers announced the appointment of Tom Weigley as assistant vice president in its Portland office. Weigley will specialize in development of large accounts within the hospitality...

Big ‘I’ Weighs Minority Producer Database

Oct 6 2004 // The Independent Insurance Agents and Brokers of America is considering a proposal to compile a nationwide database of minority-owned agencies for carriers looking to expand their presence in urban markets to utilize, the...

Auto Data Network to Train AXA Brokers on FSA Regs

Oct 6 2004 // Auto Data Network Inc., a provider of software and real-time data to the automotive industry, announced that its U.K. subsidiary, IFAct Group Limited, has been awarded a contract by AXA to provide training and help develop...

Willis Acquires Grande Insurance Brokers, Hong Kong

Oct 6 2004 // Global insurance broker Willis Group Holdings announced the purchase of the business portfolio of Hong Kong-based insurance broker The Grande Insurance Broker Limited. Terms of the transaction were not disclosed. Willis...