Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
China Wakes Up as the World Watches
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Marketing Leads to an Overabundant Number Of Prospects
Jul 19 2004 // To be successful in marketing commercial lines requires a detailed plan. The first step in any process is to assess where you are right now. As Yogi Berra once said, “If you don’t know where you’re going,...
American Agents Alliance Unveils New Web Site
Jul 16 2004 // The American Agents Alliance is proud to announce the completion of a three-month redesign of its Web site. The project, spearheaded by the association’s Technology Committee, represents ongoing efforts to utilize...
Texas Gov. Targets Fraud in Executive Order
Jul 14 2004 // Texas Gov. Rick Perry issued a sweeping directive to all state agencies to establish wide-ranging efforts to detect and eliminate fraud in government programs. “Fraud increases the price employers pay for worker...
Iowa Big I to Host Midwest Agribusiness Conference
Jul 14 2004 // The Independent Insurance Agents of Iowa is holding a two-day training seminar focusing on farm and agribusiness insurance risks Oct. 19-20 in Des Moines. The seminar, dubbed “The First Midwest Agribusiness...
Insurers Must Go Paperless in Right Way, Group Says
Jul 14 2004 // A report issued by the Agents Council for Technology said that if the move by insurers to “turn off” paper documentation is not done in the right way it could seriously set back agency efficiency. The report,...
Trio of Mass. Agencies Agree to Provide Long-Term Care Disclosures to Residents
Jul 13 2004 // Three Massachusetts insurance agencies have agreed to each pay $2,500 in civil penalties and provide legally required information about long-term care insurance, under the terms of three separate assurances of...
S&P: Mercury Casualty Co., Affiliates Ratings Affirmed
Jul 13 2004 // Standard & Poor’s has affirmed its ‘AA’ counterparty credit and financial strength ratings on Mercury Casualty Co. and Mercury Insurance Co. as well as its ‘AA’ financial strength rating...
IIABA Testifies on Gramm-Leach-Bliley Act; Says Legislation Reaffirmed State Authority
Jul 13 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) testified on Tuesday before the Senate Banking Committee that the landmark 1999 Gramm-Leach-Bliley Act (GLBA) has not fundamentally...
Gregg Higgins joins E.L.M. Insurance Brokers Inc.
Jul 13 2004 // Frederick J. Fisher, president and CEO of Los Angeles-based E.L.M. Insurance Brokers Inc., specialists in professional liability coverages, announced that Gregg Higgins has recently joined E.L.M. as director of field...
Sacramento Broker Sentenced for Selling Small Business Phony Insurance
Jul 13 2004 // Suzanne Rita Beall was sentenced on July 12 to three years in state prison for grand theft, possession of forged documents with intent to defraud and embezzlement from an elder, at the Yolo County Superior Court in...
Hub International Acquires Payne & Company
Jul 12 2004 // Hub International Limited announced that Hub International of California Inc., has purchased for an undisclosed amount of cash the assets of Payne & Company Insurance Brokers Inc. Payne was founded in 1973 and earns...
IMMS Launches Online Market Service
Jul 12 2004 // Insurance Marketing & Management Services (IMMS) has announced the launch of IMMSmarkets.com, an online service that allows retail insurance agencies to submit their markets needs, free of charge, to a network of...
Wildfire Victims Question Industry’s Cost Calculator
Jul 12 2004 // Don Robinson says his Residence Mutual insurance policy pegged the cost of replacing his San Diego home at $233,000. After Southern California’s wildfires destroyed the 40-year-old biologist’s four-bedroom...
Consumer Group Claims NAMIC Study on Credit Scoring ‘Flip-Flops’ Earlier Positions
Jul 9 2004 // The consumer group, Center for Economic Justice (CEJ), released a statement in response to a National Association of Mutual Insurance Companies (NAMIC) study on credit scoring. CEJ’s Executive Director Birny Birnbaum...
IIANC Names Morehead City Branch of Burns & Wilcox Broker of the Year
Jul 8 2004 // The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) has named the Morehead City office of national specialty insurance wholesaler, underwriter and managing general agent Burns &...
AIIA Young Agents Conference July 22-24
Jul 8 2004 // The Alabama Independent Insurance Agents (AIIA) Young Agents Conference is set for July 22-24 at the New Baytowne Village Resort. Participants can experience the new Village of Baytowne Wharf in the Sandestin Resort. The...
Sacramento Mortgage Broker Arrested in Alleged Auto Insurance Scam
Jul 7 2004 // Jesse L. Jackson, 34, of Sacramento, was arrested at his residence June 28 and booked into the county jail on two felony counts of insurance fraud and one count of attempted grand theft. His arrest is the result of an...
Pinnacle Joins Combined Agents of America
Jul 7 2004 // Combined Agents of America LLC, based in Austin, Texas, announced that Pinnacle Insurance Group Inc., Waco, is its newest member and the first member agency from the Waco area. Pinnacle Insurance Group was founded in...
N.J. Agent Says He Stole More than $429,000
Jul 7 2004 // New Jersey Attorney General Peter Harvey announced that a Camden County insurance agent has pleaded guilty to stealing more than $429,000 as part of a complex insurance fraud and investment scheme in which he convinced...