All the headlines from our Agencies Topic Page, ordered by recency.
Jan 9 2013 // Know Your Binders. Improperly written binders are one of the most significant exposures agencies have to being sued by their own carriers so knowing how to write binders correctly is imperative. One of the issues is...
Jan 8 2013 // More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster.As parties find themselves without the coverage they expected after a catastrophe, it appears to be a...
Jan 8 2013 // Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently appointed Les Dalmata as senior broker operating from the Utica, N.Y. area.Les DalmataHis responsibilities include production of property,...
Jan 4 2013 // Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario team will report to Dan Ryan, EPIC’s managing principal in Orange...
Jan 4 2013 // State Sen. Jim Tracy officially announced Wednesday that he will run for the congressional seat held by fellow Republican U.S. Rep. Scott DesJarlais, saying the embattled lawmaker has deceived his constituents and needs to...
Jan 3 2013 // Florida-based title insurer and financial services firm Fidelity National Financial Inc. has acquired Digital Insurance Inc., a health insurance distribution and benefits management firm for small and medium sized...
Jan 3 2013 // Hispanic market-focused insurance agency network Confie Seguros said it has acquired three insurance brokerages in Florida that will strengthen the company’s operations in that state. Confie Seguros completed the...
Jan 3 2013 // An Ohio law firm that represented a former Nationwide Insurance agent for a $42.8 million jury verdict is getting ready to file a class action against the insurer “in the near future.”Attorney Caryn Groedel and...
Jan 3 2013 // InVEST, the insurance industry career education program, announced that Denise Johnson has joined its national board. Johnson is vice president and insurance producer of ECI Agency in Piedmont, Okla. Johnson is former...
Jan 2 2013 // The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber...
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order:Top Investor...
Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines.Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Dec 31 2012 // The state is lowering the fee Ohio insurance agents and agencies pay to have their licenses renewed late or reinstated.Lt. Gov. Mary Taylor, who also leads Ohio’s Department of Insurance, says the move is aimed at...
Dec 31 2012 // There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment.That may be the case for some species but it’s...
Dec 31 2012 // Was 2012 a good year for you? Did you close some good accounts? How did it feel? Tell us about it. You don’t have to give away names but share your stories. Boast a little. Take some credit. Give credit to others....
Dec 28 2012 // The vast majority of commercial insurance buyers renewing their policies appear willing to accept coverage adjustments, moderate price increases, or both, according to a new survey.Still, the survey of risk managers and...
Dec 28 2012 // The 100-plus year-old independent agency distribution system is expanding, according to Future One’s 2012 Agency Universe Study. The number of independent agencies, it states, has recently increased to 38,500.Still,...
Dec 27 2012 // A group of Farmers Group Inc. agents have filed a lawsuit in Los Angeles Superior Court alleging the Los Angeles, Calif.-based carrier has undercut them by sharing their data with a competing subsidiary and several...
Dec 27 2012 // Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The...
Dec 26 2012 // Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million.According to authorities, Harry...