Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
FERMA Forum Focuses on ‘Great Difficulties’ in an Ever Riskier World
Oct 9 2015 // The FERMA Forum differs from the Reinsurance Rendezvous in Monte Carlo, as it is mainly attended by corporate risk managers, rather than reinsurers and brokers. This year, however, two overriding concerns were uppermost in...
Indiana Insurance Agent Tapped to Lead State House GOP
Oct 8 2015 // Indiana House Republicans have chosen Rep. Matt Lehman to replace former House Majority Leader Jud McMillin. Republicans announced Lehman’s election shortly after emerging from a closed-door meeting on Oct. 6....
InsureZone Expands into Houston
Oct 8 2015 // Fort Worth, Texas-based InsureZone is expanding operations into the Houston metro area. The new office will be headed up by Vice President of Business Development Renee Hooker who joined InsureZone in April. Other key...
Insurers Bring Calm After the Storm as South Carolina Recovery Efforts Begin
Oct 8 2015 // This aerial photo show flooding around homes in the Carolina Forest community in Horry County, between Conway and Myrtle Beach, S.C. The Carolinas saw sunshine Tuesday after days of inundation, but it could take weeks to...
Waiting List for Insurers to Get Seats on Lloyd’s Underwriting Floor Hits Record
Oct 8 2015 // The waiting list for an insurer to get a spot on the underwriting floor of Lloyd’s of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd’s has requests for...
Vertafore to Launch Integrated Mobile App for Agents
Oct 7 2015 // Insurance agency technology vendor Vertafore said it will launch an integrated mobile application next month that will give agents access to policy, claims and billing information from their smartphone or other mobile...
New Mexico Residents Call Agents to Deal With Hail Damage
Oct 7 2015 // The unusually large hail that recently pounded Las Cruces, N.M. has residents scrambling to call insurance agents over damaged roofs and dented vehicles. Saturday’s storm dropped golf ball-sized hail left Sonoma...
N.Y. Broker Pleads Guilty to Stealing Nearly $830K in Premiums, Other Funds
Oct 6 2015 // A Jericho, New York, insurance broker pleaded guilty to stealing nearly $830,000 in insurance premiums and other funds, said Acting Nassau County District Attorney Madeline Singas’ office. Singas’ office said...
Agent Develops Coverage to Fill Gaps in Traditional Wind Insurance
Oct 6 2015 // Between deductibles, excluded losses, and difficulty accessing business interruption coverage, a business suffering hurricane losses can take a big out-of-pocket economic hit even if it has insurance. There is a disconnect...
Allied World Enhances Policy for Insurance Agents & Brokers
Oct 6 2015 // Allied World North America has introduced an updated policy for insurance agents and brokers with expanded definitions and coverage. According to Al Fantuzzi, senior vice president of the North American E&O Division at...
Former Southern California Insurance Agent Sentenced for Felony Fraud
Oct 5 2015 // Hesham Saleh Ibrahim, 57, of Palmdale, Calif., pleaded no contest to felony insurance fraud and was sentenced to three years felony probation, 30 days community labor and ordered to pay nearly $1,000 in restitution and...
Hub International Creates Specialty Program Subsidiary; Hires Treanor to Run
Oct 5 2015 // Insurance broker Hub International Limited (HUB) said it has established a wholly owned subsidiary – Specialty Program Group – to grow its program underwriting and specialty business. Chris Treanor has joined the...
South Dakota Agent Wins National Alliance 2015 Matt Wells Scholarship
Oct 5 2015 // Michael K. Tveidt is the recipient of The Matt Wells Scholarship for The National Alliance Producer School on October 4-16 in Grapevine, Texas. Tveidt is with Fischer Rounds & Associates, in Sioux Falls, S.D. Selected...
Big ‘I’ Agents Install Louisiana’s Lanoix as Chairman
Oct 5 2015 // The Independent Insurance Agents and Brokers of America (Big “I”) installed a new leadership team over the weekend with Randy Lanoix of Louisiana as chairman. The agents’ group also installed Spencer...
Markel Launches Captive Agents, Broker-Dealers Coverage, Adds Product Leaders
Oct 5 2015 // Markel Global Insurance, a division of Markel Corporation, has launched new product offerings and leadership for captive agents and securities broker-dealers coverage. The captive agents product covers the professional...
Growing the Next Generation of Agency Professionals
Oct 5 2015 // Despite low unemployment, competitive salaries and overall job stability, a career within insurance or at an insurance agency, is often overlooked by today’s Millennial generation. However, with the industry in the...
The Case for Independent Agency Optimism
Oct 5 2015 // Today’s Independent Agent Can Be the Agent for the Future Over the past few years, dire predictions about the independent agent’s future have gotten a lot of attention. With consumers increasingly adopting the...
Public’s Perception of Insurance Is Reality – Accept Reality
Oct 5 2015 // Perception is reality. The general public’s perception of reality relative to insurance is that personal insurance, especially auto, is a commodity. Their perception ranges from it being a government conspiracy...
Former Insurance Agent Arrested in Alleged $21M Movie Investment Scheme
Oct 5 2015 // A former insurance agent one of two people who have been charged with operating a Ponzi scheme allegedly bilking investors from Los Angeles and Kern Counties out of $21 million dollars. Michelle Kenen Seward, 42, of...
Ohio Insurance Agent Tax Liens Surpass $15M
Oct 5 2015 // Ohio Lieutenant Governor Mary Taylor announced that as of September 2015 the insurance agent tax lien program has collected or set-up payment plans with agents for amounts totaling $15,149,631 in unpaid income tax, sales...
