All the headlines from our Agencies Topic Page, ordered by recency.
Aug 10 2012 // U.S. regulators and futures industry players said on Thursday that there is no perfect solution to safeguard customer money in the wake of two major brokerage scandals, but added that policymakers should move quickly on...
Aug 9 2012 // New York State Gov. Andrew Cuomo signed a bill this month that allows property/casualty insurers, brokers and agents to give gifts worth up to $25 to insureds or prospective clients during the insurance sales process.The...
Aug 9 2012 // New York-based Integro Insurance Brokers has acquired Allan Chapman & James Insurance Brokers Limited of Colchester, a United Kingdom insurance broker. Established in 1988, Allan Chapman & James specializes in...
Aug 8 2012 // CRC|Crump announced that Delia Wright has joined its Dallas office as a property/casualty associate broker. Wright’s responsibilities will include underwriting MGA business and brokering for general commercial...
Aug 8 2012 // A St. Charles, Mo., man has been convicted of killing his auto insurance agent during a robbery prompted by a big loss at a casino. The St. Louis Post-Dispatch reports a jury deliberated less than three hours before...
Aug 6 2012 // An insurance agent from Butte, Mont., who pleaded guilty to stealing more than $7,200 of his client’s premiums has been given a three-year deferred sentence and ordered to pay restitution. State Insurance...
Aug 6 2012 // Small business is alive and well, despite the gloomy, reports we read about the weak national economy. To be more specific, small businesses started by ethnic minorities is booming. The niche where we have first-hand...
Aug 6 2012 // Evaluate, evolve, sharpen focus, create value.That’s how a group of executives at one Midwest-based property/casualty insurance company summarized the organization’s ability to grow and thrive through a century...
Aug 6 2012 // USI, Kelly InsuranceUSI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction...
Aug 6 2012 // The question of whether insurance brokers are required to obtain the lowest cost insurance that meets the insured’s needs was answered recently by the Missouri Supreme Court in Emerson Electric Co. v. Marsh &...
Aug 6 2012 // The concept of trust account (TA) management has no meaning to many professionals, or they have no uniform understanding of it. There are no text books or college classes on insurance TA management, and insurance-based...
Aug 6 2012 // North Carolina lawmakers approved a bill with some changes to the property insurance system but, as one industry expert said, in so doing lawmakers “just stuck more fingers in the dike.”Despite what critics say...
Aug 6 2012 // About This Report: A slow economic recovery didn’t stop the nation’s leading independent insurance agencies from writing more property/casualty premium in 2011.The vast majority (81 percent) of the privately...
Aug 6 2012 // Digital Insurance, SEBS of the MidwestBenefits-only agency, Digital Insurance, has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors...
Aug 3 2012 // North Dakota Insurance Commissioner Adam Hamm has revoked the license of Brent Kitzan, a Bismarck insurance agent. The revocation bars him from selling, soliciting or negotiating insurance in North Dakota. Kitzan was...
Aug 2 2012 // North Carolina regulators announced this week that a local insurance agent was arrested and charged with one felony count of obtaining property by false pretense. Department of Insurance criminal investigators allege that...
Aug 2 2012 // The U.S. House of Representatives passed H.R. 8, the “Job Protection and Recession Prevention Act,” that would extend the 2001 and 2003 tax rates through 2013.H.R. 8 includes an extension of current marginal...
Jul 31 2012 // If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat despite a regular leaking of funds since its inception in 1968. The much-needed,...
Jul 31 2012 // I’ve written extensively about how the use of coverage checklists benefits an agency. The benefits include significantly reduced errors and omission (E&O) exposures, enhanced reputations, better sales, and last...
Jul 27 2012 // The Woodlands, Texas-based independent insurance agency, TWFG, announced it is offering a new branch agent program.With a commission split of 80/20 for “TWFG Full Service” branches, the company is targeting...