All the headlines from our Agencies Topic Page, ordered by recency.
Nov 2 2008 // Pete Garvey, current president of Integro Ltd., assumed the additional responsibility of CEO for the insurance broker, succeeding Roger Egan, who has left the company. Garvey has served as president of Integro since 2005....
Nov 2 2008 // Oregon’s Department of Consumer and Business Services (DCBS) announced that Scott Kipper, administrator of the Insurance Division, left his position on Oct. 31, 2008, to pursue other interests. Yet before he left,...
Nov 2 2008 // Insurance Code Section 382.5(a) defines a binder as a “writing” that “temporarily obligates the insurer to provide … insurance coverage pending issuance of the policy.” It has been described...
Nov 2 2008 // First there was GI Joe, then Joe the plumber. Now, though, there’s Insurance Agent Joe, or Josephine (Jo), if you prefer.Participating in the exclusive 2008 Insurance Journal Agency E&O Survey, Joe and Jo had a...
Nov 2 2008 // Editor’s Note: The following commentary was originally published on InsuranceJournal.com. The Letter to the Editor, on page N41, is in response to this commentary.American International Group’s meltdown may...
Nov 2 2008 // The federal government’s recent bail out of American International Group Inc. (AIG) via a $122 billion-plus loan to keep the company afloat set the insurance industry on edge. AIG’s insurance entities are...
Nov 2 2008 // More lawsuits and firmer rates for directors and officers liability coverage are almost certainly ahead as a result of the global financial crisis, which is likely to hit insurers especially hard. Given this, what are the...
Nov 2 2008 // As economic stagnation and current rate pressure weakens performance and as supply starts to outstrip demand for acquisitions, agencies and brokers must be prepared for deteriorating valuations. As the next few years will...
Nov 2 2008 // In sports, the best offense is a great defense, right? When it comes to preventing errors and omissions claims defensive measures are also the best offense in protecting an insurance agency. Defensive strategies, or risk...
Nov 2 2008 // We have all had experiences in our lives where we look back and realize our very life was almost extinguished. If not for the difference of a few seconds or inches this column would not be written or you would not be...
Nov 2 2008 // Joe the “insurance agent” wants a reasonably priced errors and omissions insurance policy for his independent agency that covers all the business activities his operation engages in, whether they are revenue...
Nov 2 2008 // 40 Risk Management Steps Independent Agents Implemented to Lower Their Risk The exclusive 2008 Insurance Journal Agency E&O Survey asked independent agents what risk management steps their agency has implemented to...
Nov 2 2008 // The 2008 Insurance Journal Agency E&O Survey, conducted Oct. 3 through Oct. 16, drew 1,042 respondents from 50 states; there were no respondents from the District of Columbia. The five states with the highest...
Nov 2 2008 // While independent agents have their favorite carriers for certain risks, on occasion they end up choosing a carrier other than their preferred carrier. Most often the reason they do is pricing.Independent agents named...
Oct 31 2008 // Aon Corp., the world’s largest insurance brokerage by assets, posted better-than-expected quarterly profit Friday, helped by growth in fees and commissions.Excluding items, profit from continuing operations rose 33...
Oct 30 2008 // From flooding and tornado catastrophes to the impact of the AIG bailout or the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...
Oct 30 2008 // A Bristol, Connecticut insurance broker says he’s filling in as the Republican candidate in the 76th Assembly District race to honor the original candidate who apparently took his own life last week.David L. Norton...
Oct 30 2008 // Global insurance broker Marsh, known for handling large and complex accounts, is out to win a share of the $80 billion in insurance premium paid by smaller and emerging growth companies in the U.S. The firm announced last...
Oct 29 2008 // The Independent Insurance Agents of North Carolina announced its 2008 industry award winners during the 111th IIANC Annual Convention held Oct. 12-15 in Asheville, NC. The 2008 Agent of the Year is J. Rives...
Oct 29 2008 // Willis Group Holdings announced the appointment of Howard Robinson as a marketing consultant and Sarah Walters as marketing communications manager for the Willis Commercial Network, a partnership of local, independent...