More Related Stories

PIA New York Warns Agents About Regional Carrier Requests For Proprietary Data (10/13/2009)

PIA of New York, New Jersey, Connecticut and New Hampshire says it believes certain regional insurance companies are demanding confidential information about independent agents’ books of business so they can bypass them on sales... Full Story

PIA Reminds Regulators of Agency Ownership Rights in Upcoming AIG Sales (9/30/2008)

PIA National has sent a letter to regulators supervising the possible sale of some insurance units of AIG to remind them of the ownership rights of independent insurance agencies... Full Story

Task Force on Agency Ownership Publishes Report (2/26/2008)

Over the past several years, there has been increasing confusion about what independent agency owners actually own. This is the result of an assault on the definitions of what constitutes a book of business... Full Story

PIA Affiliate in Pennsylvania Scores Victory on Behalf of Agents (2/12/2008)

The Insurance Agents & Brokers of Pennsylvania, a PIA affiliate association, recently experienced a far-reaching success with the support of a member... Full Story

Pa. Court Upholds Rights of Terminated Insurance Agents (2/6/2008)

A new decision by a Pennsylvania court could have far-ranging implications on what happens to an insurance agency’s book of business if a carrier terminates its contract... Full Story

Why Agents Own: How to Maintain Control of Your Book of Business (1/20/2004)

PIA Connection’s three-part series on Agent Ownership of Expirations draws to a close with this third and final installment. Repeatedly, in these first two articles, it was made clear that independent agents own their book of business not because of language in their agency agreements, but because courts across the U.S. have traditionally recognized independent agents as the owners of expiration information... Full Story

WHAT You Own (12/20/2003)

As we discussed in the first installment (PIA Connection July/August 2003), the reason independent insurance agencies own their book of business is because the courts recognized (not created) their ownership based upon the common principals of property ownership.  However, in order for independent agents to maintain that ownership right they must understand what it is they own... Full Story

PIA of New Jersey Hails Signing of Agent Ownership Bill (8/26/2003)

PIA of New Jersey is hailing the signing by Governor James E. McGreevey of a new bill to protect agents' ownership and commission rights when insurance policies are transferred from one company to another... Full Story

All Stories

 

Patricia A. Borowski
Sr. VP, Government/Regulatory Affairs
patbo@pianet.org
(703) 518-1360