Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
Michigan Insurance Regulator Tells Agents to Stop ‘Sliding’
Oct 5 2015 // Patrick McPharlin, director of the Michigan Department of Insurance and Financial Services (DIFS), issued a bulletin reminding insurance agents that the practice of insurance “sliding” is not allowed. McPharlin...
Confie Acquires Alabama, New York, Florida Brokers
Oct 2 2015 // National personal lines insurance broker Confie said it has acquired four insurance brokers with locations in Alabama, western New York and Florida. Confie acquired TS Insurance Group which specializes in non-standard auto...
Endeavour Appoints Price to Drive Growth of U.S. & Canadian Specialist Business
Oct 2 2015 // London-based Endeavour Insurance Services* has appointed David Price as divisional director to drive further growth of the company’s specialist business across its U.S. and Canadian accounts. Price’s role will...
Experienced Property Broker Michael Dauth Joins Breckenridge Insurance Services as Vice President
Oct 2 2015 // ATLANTA, Ga., October 2, 2015 — Michael Dauth has joined Breckenridge Insurance Services, a leading specialty wholesale commercial brokerage firm, as vice president, broker. With more than 20 years of insurance...
Industry Chasing Mobile Customers with Ads, Apps, Self-Service Options: NAMIC Convention
Sep 30 2015 // Carriers are spending big on advertising, and agencies are working to become increasingly more sophisticated and reach out to more and more people. In the world of insurance, that’s just doing business as usual. But...
Burns & Wilcox Brokerage Opens Office in North Carolina
Sep 29 2015 // Burns & Wilcox Brokerage has opened a new full service brokerage office in Charlotte, North Carolina. This latest location is the third the company has opened in just nine months. According to Denis Brady, president of...
Lockton Appoints Hammond, Spencer, Nimmo to Leadership Positions
Sep 29 2015 // Privately-held insurance broker Lockton announced expanded leadership roles for Mike Hammond, Glenn Spencer and Neil Nimmo. Spencer has been named chief operating officer of Lockton Inc. and president of Lockton Companies...
Worldwide Facilities Hires Craane as New York Casualty Practice Leader
Sep 28 2015 // Worldwide Facilities, a wholesale broker and managing general agent based in Los Angeles, hired Bill Craane as vice president and New York Casualty Practice leader. He’s based in Worldwide Facilities’ New York...
