Agents & Brokers News

Business Moves

Keystone, Latta Latta Insurance Services Inc. of Henderson, Ky., has become Keystone Insurers Group’s seventeenth franchise partner in Kentucky.Latta Insurance Services President Williams S. Latta announced the new arrangement jointly with Keystone President David Boedker. Latta Insurance has served western …

The Great Unbundling

Rightly or wrongly, the six-year-old battle over the payment of contingent commissions is reshaping the way the insurance-selling industry gets paid. It’s a practice that, at least for the big brokers, is vanishing. It’s a change that in some circumstances …

2010 a Revolutionary Year for Truckers Insurance

The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle that has …

People

The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly elected officers are: President-Elect Bob Shepard with Shepard …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …

National Association of Insurance Women-SF Chapter Installs Officers

The San Francisco Chapter of National Association of Insurance Women, Internationl, has installed its 2010-2011 officers. They are: President Rae Lynn Zachary of Lockton Insurance Brokers LLC; President-Elect Marie Meadows of International Marine Underwriters; Vice President Sean McCormick of Zurich; …

Arkansas: Rate Filings Must Include Installment Plan Fees

Insurance companies, agencies, brokers and producers may offer installment payment plans to Arkansas policyholders for the payment of premium, according to the Arkansas Insurance Department. However, except for those fees specifically allowed by Ark. Code Ann. § 23-66-308, such fees …

San Francisco’s Socius Insurance Names Montalbano Associate Broker

Socius Insurance Services Inc., a San Francisco-based management liability and property/casualty insurance wholesaler, has appointed Ellen Montalbano as associate broker in the firm’s San Francisco office. Montalbano has 18 years of experience in insurance, focused on errors and omissions, directors …

Tom Bolt: An American Takes Over as Lloyd’s Director of Performance Management

Earlier this year Tom Bolt took over one of the most important positions at Lloyd’s. As Director of Performance Management, he heads a team that oversees the business plans and the performance of all of Lloyd’s syndicates. His mandate is …

Webinar to Help P&C Agents Benefit from Health Insurance Boom Under Reform Law

For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their options, according to experts. Insurance Journal is partnering …