All the headlines from our Agencies Topic Page, ordered by recency.
Jan 7 2011 // Reflecting on Calif. Insurance Commissioner Dave Jones’ recent emergency order to enforce medical loss ratio rules requiring insurers to limit the percentage of premium revenue spent on reimbursement for...
Jan 7 2011 // Oregonians should expect a long slow recovery from the recession, and it will be years before the economy returns to pre-recession levels, John Mitchel, an economist and former Western Regional Economist for U.S. Bank,...
Jan 6 2011 // National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside...
Jan 6 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Terms of the transaction were...
Jan 6 2011 // Cooper Gay, the independent global wholesale, reinsurance and specialist retail insurance broker, has appointed Alan Abel as head of broking and director of its non-marine division.He is based in London, but will also...
Jan 6 2011 // Wiseman Insurance Agency has joined the ISU Network, ISU International announced. Founded in 1935, ISU Wiseman Insurance Agency has been a family run business for four generations and is located in Provo, Utah. Currently...
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
Jan 4 2011 // Marsh & McLennan Agency LLC reports it has acquired Strategic Benefit Solutions, Inc. (SBS), a $4 million benefits brokerage and consulting firm based in Alpharetta, Georgia.Terms of the transaction were not disclosed....
Jan 4 2011 // Chicago-based Hub International Ltd. (Hub), an insurance brokerage firm, has announced several acquisitions.It has acquired the shares of Hall-Conway-Jackson Inc. and the assets of Cascade Insurance Group Inc., Bothell,...
Dec 31 2010 // Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s when newly appointed CEO Michael Browne — who...
Dec 31 2010 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
Dec 31 2010 // Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by...
Dec 30 2010 // It has been a challenging few years for those in the excess and surplus (E&S) lines insurance market. An endless soft market, extreme competition from the standard markets, and a bad economy left wholesale and retail...
Dec 30 2010 // As California’s third elected insurance commissioner, Steve Poizner has had a wealth of accomplishments. Among other things, he: reduced the Department of Insurance’s operating budget by 13 percent, which...
Dec 28 2010 // Connecticut-based People’s United Bank said it will combine all of its insurance agencies into a single business entity — People’s United Insurance Agency — that will be headed by one management...
Dec 23 2010 // In giving her Christmas gifts for 12 straight days, a true love inspires his girlfriend to build a whole new life.It’s a joyful story for the holidays but one that comes with risks. According to the popular Christmas...
Dec 23 2010 // Two New York agents’ groups said they have taken the first steps to appeal a decision by state court judge allowing state insurance regulators to force brokers to reveal their commissions.The Independent Insurance...
Dec 23 2010 // The touchy subject of agents’ commissions dominated headlines in 2010 — particularly in New York where regulators unveiled new rules that will force agents to reveal to clients how much they are paid.That...
Dec 23 2010 // In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up, said Kevin...
Dec 22 2010 // The Independent Agents and Brokers of America Big “I” Markets launched a new insurance policy option with American Risk Management Resources Network, LLC (ARMR.NET) for above and below ground storage tank...