All the headlines from our Agencies Topic Page, ordered by recency.
Sep 26 2008 // Central Florida-based Lassiter-Ware Insurance was named a best practices agency for 2008, ranking among the top performers in the annual best practices study conducted by the Independent Insurance Agents & Brokers of...
Sep 26 2008 // With a Tuesday, Sept. 30, 2008, deadline to sign or veto bills fast approaching in Califorrnia, Gov. Arnold Schwarzenegger has taken action on several bills this week.Perhaps most notable to insurance agents is AB 2956,...
Sep 24 2008 // The Oregon Department of Consumer and Business Services (DCBS) recently revoked the licenses of a Portland insurance agent and her agency, and fined the agent $43,714 for misappropriating clients’ premium money,...
Sep 24 2008 // The Hanover Insurance Group, Inc., with offices in Columbus, today announced it has named Bob Cohen to its local field leadership team in Ohio, reinforcing the company’s strong commitment to winning independent...
Sep 24 2008 // The following commentary on the push for federal regulation as a result of AIG and other financial institutions’ troubles was written by Robert PIerce, CEO, Michigan Association of Insurance Agents. Over the last few...
Sep 24 2008 // Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April.While improving its scale and geographic reach, the transaction...
Sep 24 2008 // Matt Womack, a partner with the Watkins Insurance Group in Austin, Texas, has been honored with Independent Insurance Agents of Austin’s Presidents’ Award.The award is based on performance and is given out by...
Sep 24 2008 // Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) and Insurer Financial Strength (IFS) ratings of Liberty Mutual Group, Inc. (LMG) and Safeco Corp. (SAF) as follows: LMG–Long-term IDR to...
Sep 23 2008 // ACE Europe announced that it has launched “ComputerGuard Plus,” its comprehensive IT hardware and network security policy, on the Safeonline broking system.“Brokers using the Safeonline system can now...
Sep 22 2008 // Insurance agents in Washington state can lose their licenses if they are deemed “untrustworthy.”In an important decision, the Washington State Court of Appeals ruled that Insurance Commissioner Mike Kreidler...
Sep 22 2008 // The top executive of a Utah-based children’s charity has resigned, the same day he was in court on felony charges related to his insurance business.James Larry Hall II was president and CEO of Children’s...
Sep 22 2008 // The use of technology is interwoven into agency procedures and practices, says Sabrena Sally, senior vice president of commercial insurance with Westport Insurance Corp., a subsidiary of Swiss Re and one of the largest...
Sep 22 2008 // Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of catastrophe losses.According to...
Sep 22 2008 // Real time technology is giving agencies immediate access to carrier information on their clients, allowing agencies to quickly and efficiently transact quotes, billing inquiries, endorsements, loss runs, policy views, and...
Sep 22 2008 // The Chubb Corp has named Richard G. Spiro executive vice president and chief financial officer, effective Oct. 1. Spiro, 44, succeeds the retiring Michael O’Reilly, who will remain at company until the end of 2008 to...
Sep 22 2008 // On the morning of Sept. 1, Gustav’s eye made landfall on the Louisiana coast just shy of Category 3 status. Experts estimate Gustav caused about $8 billion to $10 billion in insured damage.On Aug. 29 as Hurricane...
Sep 22 2008 // Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to chief information officer.As CIO, Theilacker will continue to provide technology vision and leadership for...
Sep 22 2008 // In response to e-mailed inquiries from Insurance Journal, a number of Louisiana-based insurance operations reported they had prepared for Hurricane Gustav. Some had evacuated; most had recovery plans in place.Thomas J....
Sep 22 2008 // Blog-related personal injury suits have produced judgments ranging between $7,500 and $11.3 million.A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger...
Sep 22 2008 // In the aftermath of Hurricane Ike, the Independent Insurance Agents of Texas initiated its catastrophe response plan to offer assistance to member agencies that have been severely affected by the massive storm.The plan...