Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Michigan Broker Gets 5 Years in $1M Fraud Case
May 31 2013 // A northern Michigan insurance broker accused of fleecing elderly clients out of more than $1 million has been sentenced to 5 years in federal prison. Prosecutors say William Lowder persuaded clients to change their...
Former U.S. Federal Reserve Insurance Counsel Frank Alerte Joins Colodny, Fass, Talenfeld, Karlinsky, Abate & Webb
May 31 2013 // Ft. Lauderdale, FL, 5/31/13 – Frank Alerte, a former executive insurance counsel at the U.S. Federal Reserve, Guy Carpenter and BB&T, has joined the law and governmental consulting firm of Colodny, Fass,...
E&O Insights: Restaurant and Tavern Risks
May 30 2013 // Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that...
Wholesale Broker Sloan Mason Opens Mississippi Office
May 29 2013 // Sloan Mason, a San Diego, Calif.-based wholesale insurance broker and managing general agency, has opened a new office in Jackson, Mississippi. The company specializes in energy, environmental and marine business. Trey...
Willis Acquires Employee Benefits Broker T.E. Burke & Associates in Maryland
May 29 2013 // Willis of Maryland, a unit of Willis Group Holdings plc, acquired accounts and certain personnel formerly associated with T.E. Burke & Associates Inc., an employee benefits insurance broker based in Rockville,...
UK’s APC Lifts Liability, Property Limits to Quote Risks Online
May 29 2013 // The UK-based commercial insurance underwriting agency, APC, announced that it has increased the limits on the majority of its public and products liability risks to £10 million ($15 million] and property risks to £50...
Agents Helping Agents in Recovery from Oklahoma Tornadoes
May 29 2013 // Twelve hundred homes damaged or destroyed, 33,000 people impacted and $2 billion in property losses. Those are damage estimates from the deadly F5 tornado that hit the Oklahoma City suburb of Moore in the afternoon of May...
Burand’s Agency E&O Blog: Tip #33
May 24 2013 // E&S Binding Limits. Extremely few, if any, retail agencies have any binding authority whatsoever with their E&S brokers. This is such a simple E&O tip that most readers probably see it as a complete waste of...
Schinnerer Introduces Stand-Alone Workers’ Comp
May 24 2013 // Underwriting manager Victor O. Schinnerer & Co. has introduced a new stand-alone workers’ compensation program. Schinnerer will serve as a program access point for retail agents and brokers. The stand-alone...
$3.7B in Additional Sandy Relief Aid Announced for N.Y., N.J. Transit Agencies
May 24 2013 // U.S. Transportation Secretary Ray LaHood announced on Thursday an additional $3.7 billion in disaster relief funds to help the four major transit agencies in New York and New Jersey that sustained the greatest damage from...
2013 Virtual Insurance Tradeshow Speakers Announced
May 23 2013 // Fairfield, CA, 05/23/13 – Now in its third year, the 2013 Virtual Insurance Marketplace, brought to the insurance industry by Direct Connection Advertising & Marketing, LLC, an agency specializing in insurance...
Brown & Brown to Acquire Insurance Broker Beecher Carlson
May 22 2013 // Florida-based national insurance agency Brown & Brown Inc. has agreed to acquire Beecher Carlson Holdings Inc., an insurance and risk management broker with operations that include retail brokerage, program management...
PIA: Agencies See Significant Underwriting Changes in Homeowners Market
May 22 2013 // The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market...
Wisconsin Police Aggressive in Redacting Accident Reports
May 22 2013 // Brenda O’Malley figured she’d get the police accident report and file an insurance claim after her teenage daughter got into a car accident in Sheboygan Falls this past spring. But the report turned out to be...
The Main Street America Group Expands Commercial Products into Wisconsin
May 21 2013 // The Main Street America Group has introduced its commercial product line, featuring its Main Line Business Owners Policy (Main Line BOP), to independent agents who represent the super regional property/casualty insurance...
Brokerage Firm Fined $9M for Email Violations, Misstatements
May 21 2013 // LPL Financial LLC must pay a total of $9 million for significant email system failures and making misstatements to Wall Street’s watchdog, the regulator said on Tuesday. LPL, an affiliate of LPL Financial Holdings...
SGB-NIA Insurance Brokers Launches Workplace Safety Program
May 20 2013 // SGB-NIA Insurance Brokers has launched a workers compensation safety program – Three Sixty Safety – designed for implementation into current safety protocol that provides training, education and claim assistance when...
Project CAP Selects Phoenix Agency for Agency 2020 Program
May 20 2013 // Hester, Heitel & Associates, an independent insurance agency in Phoenix, has been chosen as the spotlight agency to represent Project CAP’s Agency 2020 program. Agency 2020 was designed to provide independent...
Maguire Agency’s Sundeen Named Minnesota Agent of the Year
May 20 2013 // Matt Sundeen, vice president of sales and commercial lines producer at Maguire Agency, has been named Agent of the Year for 2013 by the Minnesota Independent Insurance Agents & Brokers (MIIAB). Sundeen was chosen for...
Former Louisiana Insurance Agent Gets 5 Years in Fraud Case
May 20 2013 // A 35-year-old Denham Springs, La., man has been sentenced in Baton Rouge federal court to nearly five years in prison and ordered to pay two life insurance companies more than $1.4 million for frauds he committed against...
