All the headlines from our Agencies Topic Page, ordered by recency.
Aug 2 2010 // There is a quote from Warren Buffet that I want to put on my wall and send to all my colleagues: “Price is what you pay. Value is what you get.”Agents, brokers and underwriters should heed Mr. Buffet’s...
Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...
Aug 2 2010 // About This Report: The economy and soft insurance market continued to hammer some of the nation’s leading independent insurance agencies in 2009.Property/casualty premiums written fell for 37 percent of the...
Aug 2 2010 // Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted – reversing its policy on the controversial compensation just six months after a legal...
Aug 2 2010 // Being One of the Largest Privately-Held Agencies Means Having Higher Overhead Costs Over the course of the past decade, our firm, C. R. Ekern & Co. has worked closely with over 25 percent of the Insurance Journal Top...
Jul 30 2010 // The Illinois Department of Insurance revoked the insurance producer licenses of a Lake Bluff-based insurance agency and three insurance agents, including two from Antioch and one from Chicago, for the improper marketing...
Jul 30 2010 // Aon reported net income of $153 million in the second quarter 2010, compared to $149 million for the prior year quarter. Net income from continuing operations increased 22 percent to $179 million, compared to $147 million...
Jul 29 2010 // A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney general’s...
Jul 29 2010 // Dennis Smith of Columbia, Mo., has been honored as the Missouri Association of Insurance Agents’ Insurance Person of the Year. The award was given at MAIA’s annual Leadership Conference on July 22.Smith...
Jul 28 2010 // The owner of a Woodside, New York insurance brokerage has been arrested for allegedly stealing $22,300 in commissions from an insurance agency that fired her.New York fraud investigators said Gohar Parunakyan, 40, of Fresh...
Jul 28 2010 // Michigan-based Fremont Insurance Co. has appointed Ashley Whitney of Harbor/Brenn Agencies in Petoskey, Mich., to the company’s Agent’s Advisory Council. Whitney has also been asked to serve on the recently...
Jul 28 2010 // The Independent Insurance Agents & Brokers of America Big “I” Markets program can now offer access to a new stand-alone fine arts and valuable articles policies. The new program offers tailored products and...
Jul 26 2010 // Kansas regulators have suspended the license of a Wichita insurance agent in a rare emergency order spurred by a federal investigation over alleged fraud linked to the trust of an elderly woman.The action was taken against...
Jul 26 2010 // Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic...
Jul 23 2010 // The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act has specific provisions applicable to rating agencies. A comment on the Act’s potential impact from A.M. Best notes that the...
Jul 23 2010 // A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general...
Jul 23 2010 // Worldwide Facilitieshas named Carlota Saflor a vice president and casualty broker in its San Francisco office. Saflor was formerly with Crump in San Francisco for almost 14 years, and ACE Westchester for 10 years.
Jul 22 2010 // The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders.BAN is a managing general agent for several insurance companies...
Jul 21 2010 // President Barack Obama on Wednesday signed a sweeping overhaul of the financial regulatory system. The “Dodd-Frank Wall Street Reform and Consumer Protection Act,” drafted in response to the recent financial...
Jul 21 2010 // Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal...