Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Court Orders Rehabilitation for Home Value Insurance Co.
Sep 18 2012 // Home Value Insurance Co. was ordered into rehabilitation by an Ohio court on Aug. 31, 2012, and has been prohibited from selling insurance in the state due to its failure to maintain minimum capital and surplus. The...
SIAA Adds Agencies in Pennsylvania, New York
Sep 17 2012 // The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said four new agency members signed up in the Northeast region last month. The new members are: Capital...
North Dakota Yanks Insurance Agent’s License over Alleged Forgery
Sep 17 2012 // North Dakota Insurance Commissioner Adam Hamm has revoked the license of Bismarck agent Samuel Neutgens for alleged forgery. Hamm says Neutgens improperly signed a customer’s name on an insurance policy cancellation...
SIAA Adds Midwest Agencies
Sep 17 2012 // The Strategic Insurance Agency Alliance (SIAA) announced 30 new member agencies in August; among them are several agencies located in Midwest states. August’s new members in the Midwest include: Francis Insurance...
US Brokers’ Employees Attend London’s Beazley Broker Academy at Lloyd’s
Sep 17 2012 // A bulletin from Lloyd’s notes that “high potential employees from US broking firms will spend the coming week in London, standing in the shoes of the Lloyd’s underwriter and gaining a detailed...
Insurance Agent is Face of Anti-Muslim Film Inflaming Middle East
Sep 14 2012 // A California insurance agent and Vietnam War veteran is the public face for the anti-Muslim film inflaming the Middle East, several news sources are reporting. Film promoter and insurance agent Steve Klien, who ran in 2002...
PIANY Elects New Officers, Board Directors for 2012-13
Sep 13 2012 // The Professional Insurance Agents of New York State Inc. elected new officers and board directors for the 2012-2013 administrative year at its annual business meeting on Sept. 9. • Michael Skeele of DeRuyter, N.Y., was...
1 N.D. Agent Pleads not Guilty, 1 Sentenced in Separate Cases
Sep 13 2012 // A Dickinson, N.D., insurance agent accused of stealing $30,000 from a client has pleaded not guilty to five felony theft counts. Meanwhile, a former Bismarck insurance agent is headed to prison for stealing money from...
Q&A with Florida’s Citizens CEO Gilway: Leading in the Public Sector
Sep 13 2012 // Two months ago when Barry Gilway took over as president of Florida’s state-run property insurer, Citizens Property Insurance Corp., he quickly learned there would be no honeymoon period. He was thrust into debates...
Willis UK Broker Networks Add 12 New Members
Sep 13 2012 // Willis Group Holdings announced that 12 new members have joined its two UK broker networks, Willis N2 and Willis Commercial Network, both of which ally with local, independent insurance brokers in the UK. Willis Commercial...
CRC/Crump Acquires Preferred Brokerage Unit of Preferred Concepts
Sep 11 2012 // CRC|Crump has signed an agreement with Preferred Concepts in New York to acquire select assets of the company’s Preferred Brokerage business unit. Terms were not disclosed. J.C. Sparling, who led Preferred Brokerage,...
InsureZone Acquires MSI Group, Adds Agencies to New Direct Program
Sep 10 2012 // Fort Worth, Texas-based InsureZone announced it has acquired Denver-based MSI Group, with agencies in 20 states. The purchase adds 63 agencies to InsureZone’s network/cluster program. MSI Group provides agency...
Judge Lets Claim Against U.S. Over Stanford Ponzi Scheme Go Ahead
Sep 10 2012 // A lawsuit claiming U.S. securities regulators were negligent in failing to respond earlier to Allen Stanford’s $7 billion Ponzi scheme can go forward for now, a federal judge ruled in Florida on Friday. U.S. District...
OneBeacon Announces New Surety Group
Sep 10 2012 // OneBeacon Insurance Group, Ltd. has launched its newest specialty business—OneBeacon Surety Group. The new business will be managed by OneBeacon Surety Group President Chad Anderson and will focus on a variety of...
Business Moves – East
Sep 10 2012 // USI, TD Insurance USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., has agreed to acquire TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The terms of the deal were not...
Tapping the High Net Worth Market
Sep 10 2012 // How Agents and Carriers Can Find Gold in Personal Lines Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents. But being down so...
N.Y. Gov. Nixes State Agency Mailing Bill
Sep 10 2012 // New York Gov. Andrew Cuomo vetoed a bill (S.6285-A/A.9034B) on Aug. 17 that would have banned state agencies from disseminating ads to the public for products that relate to the subject matter of the agency — such as...
Florida Streamlines Licensing for Agents, Adjusters
Sep 10 2012 // A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take. Among the changes: insurance adjusters and agents operating...
Lawsuit Says Travel Agencies Conspired with Hotels
Sep 10 2012 // A California lawsuit claims online travel agencies like Travelocity conspired with hotels to fix room prices nationwide. The suit filed in San Francisco federal court claims the Hilton Hotels, Sheraton Hotels &...
New PURE Program Provides Extra Flooding Services for High-Value Homeowners
Sep 10 2012 // A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, is offering high-value homeowners an alternative flood insurance option. PURE Flood Solutions works as an extension of the National Flood...
