All the headlines from our Agencies Topic Page, ordered by recency.
Aug 6 2012 // USI, Kelly InsuranceUSI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction...
Aug 6 2012 // The question of whether insurance brokers are required to obtain the lowest cost insurance that meets the insured’s needs was answered recently by the Missouri Supreme Court in Emerson Electric Co. v. Marsh &...
Aug 6 2012 // The concept of trust account (TA) management has no meaning to many professionals, or they have no uniform understanding of it. There are no text books or college classes on insurance TA management, and insurance-based...
Aug 6 2012 // North Carolina lawmakers approved a bill with some changes to the property insurance system but, as one industry expert said, in so doing lawmakers “just stuck more fingers in the dike.”Despite what critics say...
Aug 6 2012 // About This Report: A slow economic recovery didn’t stop the nation’s leading independent insurance agencies from writing more property/casualty premium in 2011.The vast majority (81 percent) of the privately...
Aug 6 2012 // Digital Insurance, SEBS of the MidwestBenefits-only agency, Digital Insurance, has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors...
Aug 3 2012 // North Dakota Insurance Commissioner Adam Hamm has revoked the license of Brent Kitzan, a Bismarck insurance agent. The revocation bars him from selling, soliciting or negotiating insurance in North Dakota. Kitzan was...
Aug 2 2012 // North Carolina regulators announced this week that a local insurance agent was arrested and charged with one felony count of obtaining property by false pretense. Department of Insurance criminal investigators allege that...
Aug 2 2012 // The U.S. House of Representatives passed H.R. 8, the “Job Protection and Recession Prevention Act,” that would extend the 2001 and 2003 tax rates through 2013.H.R. 8 includes an extension of current marginal...
Jul 31 2012 // If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat despite a regular leaking of funds since its inception in 1968. The much-needed,...
Jul 31 2012 // I’ve written extensively about how the use of coverage checklists benefits an agency. The benefits include significantly reduced errors and omission (E&O) exposures, enhanced reputations, better sales, and last...
Jul 27 2012 // The Woodlands, Texas-based independent insurance agency, TWFG, announced it is offering a new branch agent program.With a commission split of 80/20 for “TWFG Full Service” branches, the company is targeting...
Jul 27 2012 // Combined Agents of America LLC (CAA) announced that two member agencies — Duncan, Fraser & Bridges Insurance Agency Inc. (DFB) and Pinnacle Insurance Group Inc. — have grown through recent acquisitions totaling...
Jul 26 2012 // Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units.The company — which reported $139 million profit for its 2012 second-quarter earlier Wednesday — also named...
Jul 25 2012 // Flower Mound, TX, 07/25/12 – WEBCETERA®, the leading provider of insurance industry software solutions and creator of EZLynx®, today announced the integration of fully editable ACORD® forms into the EZLynx product....
Jul 24 2012 // The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, has teamed up with a group benefits/financial consulting firm to launch a new property/casualty agency.NUAA said early...
Jul 24 2012 // USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not...
Jul 24 2012 // Group health insurance brokerage is changing but the changes are not primarily due to Congress or the courts. Rather the changes are being driven by costs — the cost of healthcare coverage and the cost of serving...
Jul 24 2012 // North Carolina’s property market problems are well known but thus far answers remain elusive even after lawmakers approved a bill that does little more than what one industry expert said, “just stuck more...
Jul 23 2012 // Merriam-Webster defines marketing as an “aggregate of functions involved in moving goods from producer to consumer.” What if there was a way for you to truly help this process along while building a stronger...