All the headlines from our Agencies Topic Page, ordered by recency.
Aug 14 2009 // Progressive Insurance wants to ramp up its agency business and plans to turn to a source of strength for its direct sales channel – the Internet – to help make that happen.As Glenn M. Renwick, president and...
Aug 14 2009 // A federal judge has dismissed a lawsuit accusing bankrupt Brooke Corp. and its financing arm of racketeering and fraud, saying the claims are not specific enough.Scores of insurance agents sued Overland Park, Kan.-based...
Aug 13 2009 // Florida’s efforts to encourage homeowners to harden their homes to better withstand big storms by giving them insurance premium discounts is not getting the job done, according to a report from insurance agents in...
Aug 13 2009 // Insurance brokerage mergers and acquisitions in the second quarter of 2009 was nearly half of what is was during the second quarter of 2008. Just 39 transactions were announced from April through June compared to last year...
Aug 13 2009 // New York-based Demetriou General Agency Inc. has acquired H. Al Roth Agency in Manhattan for an undisclosed sum. The acquisition comes as Demetriou announced expansion plans for its Madison Avenue headquarters to...
Aug 13 2009 // Members of the Professional Insurance Agents of Georgia (PIA of Georgia) elected E. Scott Hansard to serve as president. Hansard is the owner of Hansard Insurance Agency, located in Cumming, Georgia. Others elected as...
Aug 13 2009 // Progressive Insurance has named Karen Barone as National Distribution Leader for its Agency Business.Barone’s new responsibilities include maintaining and advancing Progressive’s leadership role in agent...
Aug 12 2009 // Oak Street Funding said it has secured more than $50 million in new capital from two major banks in an effort to expand opportunities for agents and brokers to borrow money to achieve their strategic goals.The new capital...
Aug 12 2009 // Some automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say.Yet no one can deny that tough times have fallen on many of the nation’s car dealers who...
Aug 11 2009 // Main Street businesses may still be trying to recuperate from the recession, but independent insurance agencies report that it has not been as disruptive as initially predicted, an exclusive survey reveals.The survey...
Aug 10 2009 // For the fourth year in a row insurance spokesmen will team with meteorologists from the National Weather Service and independent insurance agents to warn Texas coastal residents of the potential dangers of hurricanes. This...
Aug 10 2009 // Enforcement actions taken by Texas Commissioner Mike Geeslin that became final during June included 18 license revocations, five license denials and fines and restitution totaling $441,318, the Texas Department of...
Aug 7 2009 // Walnut Creek, Calif.-based Heffernan Insurance Brokers announced that it raised over $47,000 for the Avon Breast Cancer Walk. This is the second year Heffernan’s “Ta-Ta Sisterhood” team participated in...
Aug 7 2009 // A group of Venezuelan clients of Stanford Financial Group have sued the insurance broker Willis Group Holdings Ltd, accusing it of contributing to a $7 billion Ponzi scheme at the Texas-based investment company founded by...
Aug 6 2009 // Insurance Journal magazine has won gold and silver editorial awards from the American Society of Business Publication Editors’ western regional awards competition, recognizing the magazine for its editorial...
Aug 6 2009 // The Ohio Department of Insurance has revoked the insurance education provider contract and license of an agent the department found to be falsifying continuing education credit hours for hundreds of insurance agents.George...
Aug 6 2009 // Los Angeles-based Pacific Wholesale Insurance Brokers LLC, a wholly-owned subsidiary of Insurance Specialty Group LLC, appointed Victoria Snow vice president/casualty broker in the Burbank, Calif., office. Her...
Aug 5 2009 // Marsh & McLennan Companies Inc. posted a second quarter net loss of $193 million, attributable to the declining value of its security consulting business and private equity investments. Last year for the same quarter...
Aug 5 2009 // Marsh & McLennan Cos. Inc. , the No. 2 global insurance broker, posted quarterly results in line with expectations on Wednesday and forecast improved profitability for its brokerage business, sending its shares up 4.3...
Aug 4 2009 // National insurance brokerage Arthur J. Gallagher & Co. has acquired two New England offices of Atlanta-based Gresham & Associates Inc. for an undisclosed sum. The offices — which are in Portland, Maine and...