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FMCSA Final Rule: Broker and Freight Forwarder Financial Responsibility
Apr 29 2024 // This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) issued a final rule effective Jan. 16 that introduces new requirements across five areas of financial...
NC Agent, Missouri Lawyers Convicted in $4M Tax Shelter, Insurance Scheme
Apr 26 2024 // A federal jury on Thursday found a North Carolina insurance agent and two Missouri lawyers guilty on all counts in a $4 million tax evasion scheme that also defrauded an insurance carrier. The jury in Charlotte, said...
Boston Agent Charged With Creating Fake Insurance Policies to Collect Commissions
Apr 26 2024 // A Boston man has been charged with a fraud scheme in which prosecutors say he collected about $45,000 in unearned sales commissions on insurance policies he created using personally identifiable information stolen from...
Aon Completes $13B Acquisition of Middle-Market Broker NFP
Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...
People Moves: BHSI Names Humble as Head of Customer & Broker Engagement for South Central
Apr 24 2024 // Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Hart Humble to the newly created role of Head of Customer & Broker Engagement (C&BE) for the South Central U.S. Humble has spent...
UK’s Jensten Acquires Lift and Escalator Specialist Broker Robert Gerrard & Co.
Apr 24 2024 // Jensten is set to further scale its scheme and affinities business with the acquisition of UK broker Robert Gerrard & Co. The deal, which is subject to regulatory approval, will introduce a dedicated team of 19...
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