All the headlines from our Agencies Topic Page, ordered by recency.
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Mar 10 2014 // With few exceptions, an application is a necessary document to secure a proposal or to bind coverage, and can actually possess tremendous power. When an errors and omissions (E&O) matter develops, all of the various...
Mar 10 2014 // In January 2014, the Professional Insurance Agents (PIA) affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not...
Mar 7 2014 // Many breaches in data security may be going unreported by American businesses.That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field office....
Mar 7 2014 // Insurance software provider Vertafore unveiled its next step cloud and mobile innovations for its premier agency technologies – Vertafore Agency Platform, Sagitta Suite and Vertafore Producer Advantage.The products were...
Mar 7 2014 // One year after enacting reforms designed to reduce the amount of homeowners business in the state’s insurer, state lawmakers are now looking to further shrink Citizens Property Insurance Corp. by targeting its...
Mar 6 2014 // Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind.Founded in August of 2005 and originally owned by John Carroll,...
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
Mar 5 2014 // An insurance agent in northeast Iowa accused of creating fake life insurance policies to make more money has pleaded guilty to mail fraud. U.S. Attorney Kevin W. Techau says in a press release that 46-year-old Melissa...
Mar 5 2014 // Arthur J. Gallagher & Co. announced the acquisition of Tudor Risk Services, LLC located in Woburn, Mass. Terms of the transaction were not disclosed.Founded in 2009, Tudor Risk Services is a retail insurance broker...
Mar 4 2014 // The U.S. House of Representatives Tuesday evening passed legislation to curb some of the premium increases in the nation’s flood insurance program that have been causing “sticker shock” for property...
Mar 4 2014 // Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broker, announced a repositioning and rebranding of its marine insurance business in Asia.“Effective from 3rd March 2014, Latitude Brokers...
Feb 26 2014 // A 46-year-old insurance agent in northeast Iowa has been accused of creating fake life insurance policies so she could make more in commissions. The Waterloo-Cedar Falls Courier says Melissa Williams, of Dike, is charged...
Feb 24 2014 // Burns & Wilcox Brokerage hired Robert “Buddy” Taylor as casualty broker in the firm’s North Dallas office. Taylor, whose expertise has been in the trucking excess/umbrella arena, has more than 30...
Feb 24 2014 // In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not be launching as...
Feb 24 2014 // As the $4.2 billion marina industry continues to expand, independent agents who seek to leverage their specialization and partner with experienced carriers have a significant opportunity to grow their businesses.With the...
Feb 24 2014 // To be a high-performing firm, one needs to emulate what the best firms are doing and the traits that bring high-performance to fruition.This article focuses on the top five characteristics the best agencies have in common....
Feb 24 2014 // For the second year in a row, salaries and total compensation rose in independent insurance agencies across the nation. More agencies are offering health insurance and benefits offerings seem to be up – although at a...
Feb 24 2014 // This issue of Insurance Journal brings you the 8th Annual Agency Salary Survey results.Nearly 2,000 agency owners, producers and agency staff responded to this year’s exclusive survey, all wanting to know who’s...
Feb 24 2014 // Those in the insurance industry have another errors and omission (E&O) risk to consider these days, and they have technology to thank for it. Anyone in the insurance industry that possesses, stores, transmits or...