All the headlines from our Agencies Topic Page, ordered by recency.
May 21 2007 // Customer loyalty, in insurance and elsewhere, is an oxymoron. Buyers shift allegiances faster than a [reader: fill in your own metaphor]. Still, even in these increasingly cutthroat times, most property/casualty agencies...
May 21 2007 // To view the “How to Write Insuring Tough Products Liability Accounts” seminar or any of the seminars in the “How to Write” Series, visit: www.insurancejournal.com/seminars for a link to free...
May 21 2007 // Whether the market is “soft” or “softening” doesn’t make a difference. There’s still a place for the excess and surplus lines broker in the mix, says Neal Abernathy, CEO of Swett and...
May 21 2007 // The leader of the Independent Insurance Agents and Brokers of America has promised agents his group will vigorously defend incentive pay and contingent commissions that have come in for criticism by some attorneys...
May 21 2007 // Willis rejects insurers’ alternatives for contingent commissionsAfter a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it...
May 21 2007 // McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office.Van Stavern brings experience in the health care industry, where he held positions...
May 21 2007 // The historic out-of-pocket payments made in recent years by independent directors of publicly traded firms are enough to instill fear in board members everywhere, not to mention their insurance brokers. But is the fear...
May 21 2007 // Agents using industry-standard real-time solutions offered by their carriers claim time savings of more than 50 percent when processing transactions such as quoting, billing and claim inquiries, loss runs, and policy...
May 21 2007 // Risk retention group Cabina-America, whch was licensed in April 2006, has been placed under restrictive order by Commissioner Thomas E. Hampton of the District of Columbia Department of Insurance, Securities and Banking...
May 21 2007 // When many young insurance agents first start working in the insurance industry, they believe success is about making money. While they may focus on developing strategies to reach out to clients, they often do so with the...
May 21 2007 // The leader of the Independent Insurance Agents and Brokers of America has promised agents his group will vigorously defend incentive pay and contingent commissions that have come in for criticism by some attorneys...
May 18 2007 // Bank of America Corp. said it is exploring the possibilities of selling its insurance brokerage business, Banc of America Corporate Insurance Agency LLC. The bank did not say why it wants to sell the unit or what price it...
May 18 2007 // In the age of the internet insurance consumers are going online to shop for insurance. LeadsClearance.com connects insurance agents with motivated consumers. Unlike other insurance lead providers, LeadsClearance.com allows...
May 18 2007 // Oklahoma Insurance Commissioner Kim Holland told members of a U.S. Senate committee recently that federal law is impeding the ability of insurance commissioners to protect the elderly who buy Medicare managed care plans.In...
May 18 2007 // The Louisiana Department of Insurance announced that a Baton Rouge-area bail bond agent has been arrested and issued a cease and desist order and summary suspension of his insurance license for allegedly misappropriating...
May 17 2007 // Irma Kelly is frustrated over the cost of her Citizens Property Insurance coverage, so she came to a policyholder’s forum to give the state-run insurer’s chairman an earful.Kelly, a resident of a Broward County...
May 16 2007 // West Des Moines, Iowa-based Hawkeye-Security Insurance, a member of Liberty Mutual Group, announced it is now offering Inland Marine coverage through new upgrades to Commercial IQ, the company’s Web-based application...
May 16 2007 // Bank of America said it has retained Banc of America Securities LLC to act as its financial advisor to explore strategic alternatives for its commercial insurance brokerage business, Banc of America Corporate Insurance...
May 16 2007 // The Professional Insurance Agents of Indiana Inc. (PIA) announced its annual awards on May 10th at the 2007 PIA of Indiana Annual Convention. Each year, PIA of Indiana honors two individuals and one company for exemplary...
May 16 2007 // William M. Taylor, a former chairman of the Florida Republican Party, has died. He was 84.Taylor, an insurance agent for 50 years, grew up in Thomasville, Ga., The Florida Times-Union reported. He moved to Jacksonville as...