Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

LA Public Transit Faces Dilemma Due to AIG Demise

Oct 20 2008 // Two public transportation agencies in Southern California are facing a financial dilemma and possible service cuts after a major lender fell victim to the nationwide economic crisis.Los Angeles County Metropolitan...

Annual Survey Lists Top 10 Ease of Doing Business P/C Insurers

Oct 20 2008 // West Bend Mutual Insurance Company of Wisconsin (No. 1), Central Mutual Insurance (No. 2), Safety Insurance (No. 3), Frankenmuth Insurance (No. 4), and Selective Insurance (No. 5) earned the top five spots when it comes to...

Agents Balk as Mass. Weighs Ending Auto Surcharge Appeals

Oct 20 2008 // People who have switched policies, and everyone who must renew them in the future, could lose their appellate right under the new regulations.The Massachusetts insurance commissioner, addressing a concern of some insurers,...

Oct 20 2008 // American International Group Inc. (AIG) elected Edward M. Liddy as chairman and CEO. Liddy, 62, succeeds Robert B. Willumstad.Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that...

Wisconsin Insurance Commissioner Sean Dilweg

Oct 20 2008 // From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...

Group Nurtures Latin Agents’ Relationships, Better Business Practices

Oct 20 2008 // When the Latin American Association of Insurance Agencies was establishing itself in the late 1960s and early 1970s, most of the members were recent Cuban arrivals who had accepted the fact they were not returning to their...

Carriers’ Marketing to Latinos is Good but Could be Better, Say Agents

Oct 20 2008 // A majority of independent agents and brokers in a good position to know say insurance carriers do an acceptable job marketing to the Latino community, although as many as 40 percent also rate carriers’ efforts as...

Wanted: Florida Agencies Focusing on Hispanic Market

Oct 20 2008 // The movers behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on the Hispanic insurance market within a few years,...

People

Oct 20 2008 // Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to the Professional Insurance...

Face-to-Face

Oct 20 2008 // Insurance carriers have not perfected the art of marketing to Latin independent agents or the Latino market. They are not terrible at it but they could be better. In a recent Insurance Journal survey (see page 50), nearly...

Regulatory Compliance

Oct 20 2008 // Most people dread record keeping, whether it is logging expenses, travel mileage, billable hours, laps on the treadmill or the birthday presents given to family friends. Although it is tedious, record keeping is necessary...

Cross-Border Trucking, Competitiveness Concerns in Arizona

Oct 20 2008 // Being the sixth-largest state in the nation, and one of the fastest-growing, makes Arizona an attractive place to live and do business. And that means the state is desirable from an insurance perspective, too, according to...

AIG Commercial Insurance Battles Back

Oct 20 2008 // Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob SchimekThe very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance...

Armed & Ready to Outsell the Competition

Oct 20 2008 // Top 100 Agency ProfileRanking: 12 Agency Name: InterWest Insurance Services Inc. Headquarters: Sacramento, Calif. Year Founded: 1992 Additional Locations: 9 locations in California 2007 Property/Casualty Premium: $519.6...

Surplus Lines: A Market in Transition

Oct 20 2008 // For surplus lines insurance providers the economic turmoil and soft insurance market means a double-hit on profitability. Some industry experts predict the unstable conditions brought on by the economy and the global...

Industry Innovators Give Agents Alternative Solutions

Oct 20 2008 // Recent estimates show that about one third of all commercial risks in the United States are placed in an “alternative market.” As producers already know, many general accounts no longer can be placed through...

From Seed to Supermarket

Oct 20 2008 // Agribusiness insurance has grown significantly as food production has become a global commodity. Since World War II there has been a dramatic reduction in the number of family farms and acreage being cultivated for food...

Risk Placement Services Hires Kufner as Underwriter/Broker in Scottsdale

Oct 17 2008 // Wendy Kufner has joined Risk Placement Services Inc. in Scottsdale, Ariz., as an underwriter/broker. She brings to her position a strong insurance background as both a retail and wholesale broker. She will be responsible...

Six Independent Agencies Named as Best Practices Top Performers

Oct 17 2008 // Reagan Consulting and the Independent Insurance Agents & Brokers of America (Big “I”) announced the Best Practices Agencies for 2008-2009. A total of 189 agencies from around the country maintained their...

Howard Joins Lockton Phoenix Brokerage Team

Oct 16 2008 // The Phoenix office of Lockton Companies LLC, a privately held insurance broker, announced that J. Robert Howard has joined its Phoenix, Ariz., brokerage team as producer for all property and casualty lines. Howard’s...