All the headlines from our Agencies Topic Page, ordered by recency.
Sep 23 2013 // Three individuals who have worked in the insurance industry and now practice politics in the Midwest — Indiana State Representative Matt Lehman, Michigan State Senator David Robertson and U.S. Congressman Tom Latham...
Sep 23 2013 // Will the third time be the charm?Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this month overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer...
Sep 23 2013 // Everyone loves the wholesale insurance business these days, or so it seems.“We’ve seen the entrance of a lot of other people coming into the wholesale market – aggregators, brokers, agents, program managers...
Sep 23 2013 // It takes thick skin to be in the public eye. As Supreme Court Justice Antonin Scalia once observed, “harsh criticism, short of unlawful action, is a price our people have traditionally been willing to pay for...
Sep 23 2013 // Throughout our history, the American Association of Managing General Agents (AAMGA) has retained its mission and identity while adapting to changes in the insurance industry. We began in 1926 as the Association of Fire...
Sep 23 2013 // Non-owner P/C producers help drive the independent agency system. They account for a significant share of the commercial lines business written through this channel. Yet too often, these employees must find their own path...
Sep 23 2013 // It seems that practically every time you turn on the news, a part of the United States is being threatened by a significant weather-related event. It’s sometimes anyone’s guess when and where the next...
Sep 23 2013 // Editor’s note: This is part of a series on insurance professionals in politics. This is a national series. Some of the articles focused on the Western U.S. region can be read in the pages of this issue of Insurance...
Sep 23 2013 // When it comes to current or former occupations of state and federal lawmakers, that of insurance producer is not one of the most commonly listed, but perhaps it should be.The variety of skills one necessarily develops...
Sep 23 2013 // An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported.TDI said McKinley Shumate, 59, of Houston was...
Sep 23 2013 // Jack Kingston is U.S. Representative for the First Congressional District of Georgia, which encompasses 17 counties in Southeast Georgia including the entirety of the state’s coastline. He has represented the...
Sep 20 2013 // UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers Watson for $250 million.JLT said the acquisition would provide “a very strong...
Sep 20 2013 // As the sun peaked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the...
Sep 20 2013 // The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance.Travelers’ CEO Jay Fishman explained his company’s personal auto strategy at the Barclays...
Sep 19 2013 // The federal Terrorism Risk Insurance Act (TRIA) is a “model” for public-private cooperation and should be renewed, insurance broker Marsh told lawmakers on Capitol Hill.Peter J. Beshar, executive vice president...
Sep 19 2013 // Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina.Transure’s brokerage platform is augmented by an in-house wholesale operation,...
Sep 18 2013 // The results from a study commissioned by the Vermont Insurance Agents Association (VIAA) show that Vermont’s economy is positively impacted by the state’s independent insurance agencies.“These phenomenal...
Sep 18 2013 // Independent insurance wholesaler, All Risks Ltd., announced the opening of an office in Metairie, La.This is the twenty-second office for All Risks. With three insurance professionals with extensive and diverse...
Sep 16 2013 // The FBI estimates that in 2012, the number of violent crimes increased 0.7 percent while property crimes decreased 0.9 percent, the tenth straight year of declines for these offenses, collectively.The 2012 statistics show...
Sep 16 2013 // There are times when what agents don’t know can hurt them. And this is one of them. I refer to the all-too-often overlooked, and recently targeted, ownership of policy “expirations” — policy,...