All the headlines from our Agencies Topic Page, ordered by recency.
Jan 15 2008 // For now, at least, New York insurance brokers are not legally required to disclose to clients the commissions they earn on policies they place, according to a new legal opinion released by the state’s insurance...
Jan 14 2008 // Miller Insurance Services Limited, an independent specialist insurance and reinsurance broker operating in the international markets and at Lloyd’s, announced that Richard Court has joined the Company, and will...
Jan 14 2008 // Fitch Ratings will hold a will hold a teleconference to discuss the outlook for the Insurance brokerage industry, on Tuesday, Jan. 15. Fitch said it would specifically discuss the “prospects for publicly traded...
Jan 14 2008 // San Francisco-based Genstar Capital LLC, a middle market private equity firm, has partnered with insurance industry executives and Westline Corp. to establish Confie Seguros, a platform company formed to facilitate the...
Jan 13 2008 // Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments.Marsh said its global insurance broking business will be consolidated into two...
Jan 13 2008 // The insurance industry traditionally is bullish on education, networking and sharing professional experiences with colleagues and business partners. After all, the industry is largely made up of “people” people...
Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers.The St. Paul-based company said it had reached agreements with attorneys general in...
Jan 13 2008 // As the financial services industry has evolved since deregulation, there has been a rise in “bancassurance: the joint effort of banks and insurers to provide insurance services to the bank’s customer...
Jan 13 2008 // Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, customers are...
Jan 13 2008 // Continuing education (CE) is a fact of life for all agents and brokers. Because states require CE credits, it translates into the reality of a continuous, and often repetitive, obligation — a career-long commitment of...
Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia regarding how it paid brokers.The St. Paul-based company said it had reached agreements with attorneys...
Jan 13 2008 // A small state like Alaska sometimes has trouble convincing the property/casualty insurance industry of creating opportunities in its state. So Alaska Director of Insurance Linda Hall relies on her experiences as a former...
Jan 13 2008 // For contractor Paige Smith of Neuse Tile Service Inc. in Youngsville, N.C., the increase in cold calls she is receiving from insurance agents is a sure sign of the industry’s softening market. A couple times a month...
Jan 13 2008 // Fair market value can be defined as the price that a willing buyer and a willing seller agree on for the price of a business. Naturally, there is a lot of room for negotiation based on the circumstances. However, fair...
Jan 13 2008 // Stock Prices: Aon Corp. (NYSE:AOC) continued to outperform the sector, up a remarkable 43.1 percent year-to-date. The company reported third quarter 2007 results at the end of October. Net income increased 92 percent to...
Jan 13 2008 // We want to trust those whom we hire to work in our homes. Who prepare our meals. Clean our treasured possessions. Drive our children to and from school. Over time, some of these people become extended members of the...
Jan 11 2008 // The Louisiana Department of Insurance issued a cease and desist order and suspended the license of a Frierson, La., bail bond agent accused of filing false public documents. The department says Brokenberry did not disclose...
Jan 10 2008 // The Main Street America Group has introduced Main Street Station for Bonds, a state-of-the-art surety bonds ordering and processing system.With this proprietary bonds issuance system, Main Street America says its...
Jan 10 2008 // Jason Clark has joined the Dallas office of Western Security Surplus Insurance Brokers Inc. (WSS) as an associate broker, the company announced.Reporting to WSS President and CEO Kyle Stevens, Clark will be responsible for...
Jan 10 2008 // Thomas J. Crowley, vice president of Maran Corporate Risk Associates in Southampton, N.Y., has been appointed to the board of directors of the Independent Insurance Agents and Brokers of New York. Crowley will represent...