All the headlines from our Agencies Topic Page, ordered by recency.
Sep 21 2009 // In many insurance agencies, customer service representatives (CSRs) are responsible for handling claims submissions for clients. Larger agencies may have a separate claims department. Various problems can arise when the...
Sep 21 2009 // The nation’s insurance regulators, Congress and the SEC have eyes on credit rating agencies and the standards they must follow in the future.The National Association of Insurance Commissioners (NAIC) said it will...
Sep 21 2009 // Phyllis Young and her co-worker and friend, Sarah Bales, won the hula-hoop contest and the balloon toss, making them the favorites to also win the three-legged sack race.Young and Bales didn’t win the sack race...
Sep 18 2009 // Credit agencies will have to disclose more of their ratings history, and creators of financial products will have to share data with all credit raters, under rules adopted by U.S. regulators Thursday.The U.S. Securities...
Sep 18 2009 // California Attorney General Jerry Brown issued subpoenas on Thursday to Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings as he launched an investigation of whether they broke state law with...
Sep 18 2009 // The Illinois Department of Insurance as revoked the license of an agent and his agency, and fined him $100,000 for keeping his clients’ payments and committing several other frauds.Investigators say Earl D. Bertsche,...
Sep 17 2009 // Insurance agent Louise May Batchelor, 55, of San Diego, has pled guilty to two felony counts of grand theft. Her sentencing has been set for November 6, 2009 in San Diego Superior Court.According to California Department...
Sep 16 2009 // Dressel Insurance Agency Inc. in Saint Bonifacius, Minn., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers.“The team...
Sep 16 2009 // Chairman’s Mark America’s Healthy Future Act of 2009 Scheduled for Markup By the Senate Committee on Finance On September 22, 2009 America’s Healthy Future Act of 2009 TITLE I—HEALTH CARE...
Sep 14 2009 // Ever since President Barak Obama came into office and his attorney general said the administration would not pursue medical marijuana dispensaries, the number of such businesses has exploded.Now, a few insurance agents are...
Sep 14 2009 // U.S. securities regulators are roughing out ideas that would make Moody’s Corp., Standard & Poor’s and other credit raters more accountable to investors by potentially exposing the firms to greater...
Sep 11 2009 // The New York State Insurance Department released proposed new rules mandating how and what insurance agents must reveal to clients about how they are compensated in the sale of a policy.The so-called transparency rules...
Sep 11 2009 // Two Rhode Island insurance agencies have launched an affiliation group and are searching for potential partners, they said.Hunter Insurance and Loiselle Insurance Agency have created the Trusted Insurance Alliance (TIA) to...
Sep 10 2009 // The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) recently named its Agent of the Year, Broker of the Year and Company of the Year for 2009.Eric Stevens, of Moore and Johnson Agency...
Sep 10 2009 // A Thibodaux, La., insurance agent and his agency have been issued a cease and desist order, summary suspension of licenses and fine notice for 12 counts of alleged misappropriation of premiums, the Louisiana Department of...
Sep 9 2009 // The nation’s insurance regulators are looking into the role that credit rating agencies play in the insurance regulatory system.The National Association of Insurance Commissioners (NAIC) said it will hold a public...
Sep 8 2009 // The bad news for Peter Kaplan is even worse than first reported.The North Carolina diamond broker, whose $1.5 million inventory was stolen in New Mexico last week, didn’t have insurance. “My business is...
Sep 8 2009 // Ohio Department of Insurance Director Mary Jo Hudson reported that on Sept. 01, 2009, former Maineville insurance agent William R. Appleton, II, was sentenced in United States District Court to 97 months imprisonment for...
Sep 7 2009 // Sometimes throwaway questions can spark very interesting responses during an interview. In reporting the feature story on the excess & surplus lines industry (See N20), Insurance Journal reporters – just for the...
Sep 7 2009 // Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists.They got their producer licenses in states that did...