Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

McLaren Group Selects Aon as Global Broker

Apr 26 2011 // Aon Risk Solutions, the global risk management business of Aon Corp., in the UK, has been appointed the global insurance broker for the McLaren Group. It will be responsible for both the Group’s Formula 1 team,...

Tennessee Insurance Agents Win Investigation Protections, Lower Fines

Apr 26 2011 // Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower financial penalties if found in violation of any laws under a measure just signed into law.For...

Ohio Plans May 5 Switch to Electronic Licensing System

Apr 25 2011 // Ohio insurance regulators will soon make a switch to an electronic system for agent licensing.Ohio Lieutenant Governor and Director of the Department of Insurance Mary Taylor said transition to the new system will begin at...

Georgia Passes Bill Regulating Insurance Certificates

Apr 25 2011 // Georgia Gov. Nathan Deal is expected to sign into law a bill requiring that certificate of insurance forms be filed with and approved by the state insurance commissioner.Agent groups and insurance companies have had...

Florida Agents Group Names Ray Communications Director

Apr 22 2011 // The Florida Association of Insurance Agents announced Susan Ray has joined the association as director of communications. Ray brings nearly two decades of communications experience. She previously served as director of...

Young Agents look for opportunity… and a future

Apr 20 2011 // Come along for a ride with me… or better yet, join me for a cup of coffee in my office, as we discuss articles from the April 4th issue of Insurance Journal magazine about Young Agents and the industry’s...

Keystone Group Adds Four Tennessee Agencies

Apr 19 2011 // Keystone Insurers Group is expanding its presence in Tennessee by teaming up with four new franchise partners.E.B. Thom & Sons, McIntire & Associates Insurance Inc., Porch-Stribling-Webb Inc. and Art E. Gernt have...

Premier Group Insurance to Enter New States and Expand Operations – Appoints Rex Hickling as President

Apr 19 2011 // Denver, April 19 2011 – Premier Group Insurance, Inc. announced today the further expansion of its agency Property & Casualty group of more than 100 licensed agents into additional targeted states in the West....

Hagerty Marine Announces Broker Program in Canada

Apr 18 2011 // Hagerty Classic Marine has created a broker referral program for its Canadian product. This move will allow brokers in Canada to refer collector boat insurance clients and receive commission for new and renewal business....

MLR Dramatically Impacting Commissions, Agents Tell Regulators

Apr 18 2011 // “The impact of the medical loss ratio has been dramatic on the agents and brokers in this country and it was dramatic immediately.”That’s a quote from Beth Ashmore, an independent insurance agency owner...

Who’s Worth What in the Agency System: Time to Evaluate Frozen Salaries

Apr 18 2011 // Any business owner knows that a great employee is worth a lot. That holds true for independent insurance agencies when it comes to great producers and the employees that support them.Average Salary Adjustment Agencies need...

Spend Time with Customers, Not with Paperwork

Apr 18 2011 // I have the opportunity to spend a lot of time talking with insurance agencies of all sizes. During these conversations, I hear a recurring theme: Agents are overwhelmed with administrative processes, and agency managers...

Feds Probe Illinois Public Agencies’ Workers’ Comp Payouts

Apr 18 2011 // Federal prosecutors are investigating possible workers’ compensation abuses at Illinois government agencies after disclosures of millions of dollars in payouts and questionable practices by arbitrators. U.S....

Health Care Market’s Explosive Growth Offers Agents New Professional Liability Opportunities

Apr 18 2011 // The world of professional liability can be a foreign place for many agents and brokers alike.The policies vary from carrier to carrier so no universal form is used as the standard insuring agreement. Terminology such as:...

Allstate Seeks to Open 50 New Agencies in Florida

Apr 18 2011 // Allstate Insurance says it wants to open nearly 50 new agency offices in Florida. About half of those openings will be in north Florida, the company said.“North Florida has shown incredible growth for our...

Why Agencies Might Need a Trusted Adviser or Coach

Apr 18 2011 // Many owners in agencies today have a lot on their plate. They may be having a hard time making the budget and paying expenses on time. Growing in these economic times is somewhat difficult. Producers may need to learn new...

Agents Concerned on Perpetuation; Relatively Few Take Action

Apr 18 2011 // The majority of agents and brokers today worry about how to perpetuate their firm to future owners, yet few agency owners report having a perpetuation plan in place.New findings in the forthcoming survey “2011 Survey...

E&O Insights: Are Your Customers Properly Protected for Business Interruption?

Apr 18 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...

Survey Shows Opportunity for Carriers to Support Agents in Social Media

Apr 14 2011 // The majority of agents and brokers say using social media is important for business, yet many report not using social media tools in their business today.Seven of 10 independent agents and brokers believe it is important...

P/C Industry Depends Too Much on Catastrophe Models, Says Pioneer Clark

Apr 14 2011 // Catastrophe models are a great risk management tool for property/casualty insurers but even the person who created the first one is worried that they are being given more credit and influence than they deserve.Karen Clark...