All the headlines from our Agencies Topic Page, ordered by recency.
May 8 2012 // An Oklahoma insurance agent has been sentenced to 24 months in federal prison for not filing his federal income tax returns.Barry G. Brockman of Oklahoma City was sentenced for not filing tax returns for the calendar years...
May 7 2012 // The National Alliance for Insurance Education & Research and the Minnesota Independent Insurance Agents & Brokers announced that the agents association will assume administrative leadership of the Certified Risk...
May 7 2012 // Federal emergency officials are calling on insurance agents to stop offering clients a cut of their commission if a customer agrees to purchase a flood policy.The Federal Emergency Management Agency is taking aim at...
May 7 2012 // “My view is that the world is not less complex; it’s getting more complex. And the notion that buyers don’t need help is just crazy; it’s silly. It’s a silly notion.”That’s the...
May 7 2012 // Arthur J. Gallagher, Bessleman & LittleArthur J. Gallagher & Co. has acquired Besselman & Little Agency of Baton Rouge, La. Founded in 1986, Besselman & Little Agency offers a wide range of employee...
May 7 2012 // Worldwide Facilities, PrivettWorldwide Facilities, a Los Angeles-based independent surplus-lines broker and managing general agency, acquired assets of Privett Special Risk Services, a New York City-based wholesaler....
May 7 2012 // The time appears to be right for new ventures including program managers, wholesaler brokers and retail agencies despite uncertainty with the economy and insurance market.Why are these companies starting these endeavors...
May 7 2012 // Relationships are important to the success of any insurance business, but it’s perpetuation that matters most when it comes to survival.R.C. Chaffin, president and CEO of Coral Gables, Fla.-based SeaCoast...
May 7 2012 // The phrase “Go west young man,” may not apply so well to the insurance industry in the nation’s most populous state.An examination of Bureau of Labor Statistics and Economic Development Department data...
May 7 2012 // Across the nation, employment levels in insurance agencies and brokerages declined at a faster rate than the overall U.S. employment level since the recession began in 2007. The good news: Some independent agencies across...
May 7 2012 // In current practice, insurance premium accounting is based on general ledger (GL) accounting. It is used by all agency management software applications including AMS and Applied Systems just to name a few. Developed more...
May 7 2012 // Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance.That upbeat attitude is...
May 7 2012 // As in every other business sector, during the past few years organizations within the property/casualty insurance industry have sought to maximize efficiencies and take full advantage of the talent in their existing...
May 7 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish.The unemployment rate remains higher in key...
May 7 2012 // AllstateIn February, Allstate Insurance announced it was looking to appoint 124 new agency owners in Alabama, Georgia, North Carolina and South Carolina this year. “We see a significant opportunity in the current...
May 7 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...
May 3 2012 // With a quote from former president Ronald Reagan, an emergency motion from a sex toy business and increasingly acerbic accusations, the legal battle between the new and old owners of bankrupt agency C.M. Meiers continues...
May 2 2012 // A Helena couple that rented a greenhouse to a medical marijuana operation have sued their insurance broker after their insurance company denied a $75,000 damage claim filed following a federal raid of the operation.The...
May 2 2012 // The challenges of today’s economy appear to be driving some independent agents into new niche insurance markets and product lines.Almost 60 percent of independent agents say they have begun to or plan to expand into...
May 1 2012 // Nationwide Mutual Insurance Co. said that the company completed its previously announced $834 million merger deal with Harleysville Mutual Insurance Co.The deal was first announced in September 2011. Nationwide Mutual...