All the headlines from our Agencies Topic Page, ordered by recency.
Jun 4 2012 // Allstate Insurance Company announced on May 15 that it is looking to appoint 140 new agency owners in Connecticut, Maine, New Hampshire, Pennsylvania, Rhode Island and Vermont. Allstate said the move is part of its...
Jun 4 2012 // This is the second article in a two-part series on general ledger accounting. Part one can be viewed online.Only a few years ago, general ledger (GL) accounting was considered adequate by the industry consultants and...
Jun 4 2012 // Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy.A Howard County, Indiana, inmate files a lawsuit claiming the...
Jun 4 2012 // SIAA, Thomas Insurance GroupThe Strategic Insurance Agency Alliance has signed its 4,000th member agency, the Thomas Insurance Group of Cape Girardeau, Mo. Recruited by master agency Valley Insurance Agency Alliance of...
Jun 1 2012 // The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, said Hunkins & Eaton Insurance Agency has joined the group as its newest member. Founded in 1880, Littleton,...
Jun 1 2012 // The Missouri Department of Insurance says it has received reports that an agent previously barred from the insurance business has been selling policies illegally.The department revoked the insurance license of former agent...
May 31 2012 // Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report.Top Overall...
May 31 2012 // A federal judge has spared a former Chicago executive the necessity of serving the final few months of his prison sentence for stealing millions from his insurance brokerage.U.S. District Judge Ruben Castillo, citing...
May 31 2012 // Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, its chief executive said on Thursday.“I love the insurance distribution...
May 31 2012 // Louisville, Kentucky-based Neace Lukens is continuing its expansion by acquiring the independent risk management and insurance broker, First Carolina Risk Management Advisors.The Charleston, S.C.-based First Carolina...
May 30 2012 // Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on InsuranceJournal.comIn Burand’s Agency E&O Blog, the consultant will share E&O...
May 28 2012 // Jerry Cole II takes great pride in his career as a businessman, during which he’s sold millions of dollars in insurance policies.But there was one more thing he always wanted. Feeling as nervous as a 20-something,...
May 25 2012 // States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing surplus lines premium taxes on casualty insurance.The adopted method aims to...
May 25 2012 // Claims by four of Wall Street’s main market makers against Nasdaq over Facebook’s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with...
May 24 2012 // Combined Agents of America LLC (CAA), based in Austin, Texas, has a newly elected 2012-13 Management Committee.The new committe includes: President Roger Luttrell, president of Benton-Luttrell-Brown in Van Alstyne, Texas;...
May 23 2012 // In current practice insurance premium accounting is based on general ledger (GL) accounting. It is used by all agency management software applications: AMS, Applied Systems, etc., just to name a few. Developed more than...
May 23 2012 // San Diego, CA, 05/23/12 – Tech-savvy young independent insurance agents are changing how the property/casualty insurance industry operates, a new survey reveals.Jason D. Cass, owner of the JDC Insurance Group based...
May 22 2012 // A Utah insurance agent has been ordered to stop doing business in North Dakota. State Insurance Commissioner Adam Hamm says Bart Winterton of Vernal, Utah, operated as an insurance producer without being licensed in North...
May 21 2012 // Construction is the No. 1 target market of independent insurance agencies. Before the recession, construction often constituted 20 percent to 40 percent of medium to large agencies’ books of business. Independent...
May 21 2012 // The Mississippi Court of Appeals has upheld a ruling that the owners of a Bay St. Louis restaurant cannot collect more than $300,000 they claimed to be owed by a local insurance agent after their business washed away in...