Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Legrand Joins Broker MDS as COO to Expand International Business
Jun 8 2012 // MDS Holdings, the European and Latin American insurance brokerage group, announced that Jacqueline Legrand has joined the firm as Chief Operating Officer and Board director. She will be responsible for guiding the...
C.M. Meiers Preliminary Injunction Decided, But Far From Over
Jun 7 2012 // A judge has rejected a request for a preliminary injunction in the case of a bankrupt Southern California insurance agency following a long, accusation-fueled legal battle between the former and current owners of the...
Judge Decides for Defendants in C.M. Meiers Preliminary Injunction
Jun 6 2012 // Editor’s Note: See C.M. Meiers Preliminary Injunction Decided, But Far From Over for updates, more of the judge’s opinion, comments from attorneys, as well as legal analysis. A judge has rejected a request for...
BMS Group Exec Joins New York-Based U.S. RE as Senior VP
Jun 6 2012 // Pearl River, N.Y.-based global reinsurance broker U.S. RE Corporation appointed Victor Marques as senior vice president. U.S. RE said Marques brings more than 25 years in the field to his new role at the company’s...
C.M. Meiers Defendants File ‘Scorched Earth’ Countersuit
Jun 5 2012 // Editor’s note: For more read an updated story on this case, “C.M. Meiers Preliminary Injunction Decided, But Far From Over“ Expect the allegation-laden battle between the new and old owners of bankrupt...
Claims Against MF Global’s Corzine, Other Executives May Depend on Insurance
Jun 5 2012 // Jon Corzine failed to address MF Global Holdings Ltd.’s growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall,...
Florida Broker Kuykendall Gardner Names Loflin as Vice President
Jun 5 2012 // Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be responsible for insurance and bond sales, new business development, client relations and...
Florida’s Citizens Hears Depopulation Ideas
Jun 4 2012 // When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the...
Hagerty Classic Car Insurance Now Available to Canadian Brokers
Jun 4 2012 // Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty Canada, LLC, will make similar coverage available to all brokers in Canada. The...
Florida Agent Association Tops 2,000 Members
Jun 4 2012 // The Florida Association of Insurance Agents, which represents thousands of independent agents statewide, has topped more than 2,000 agencies for the first time in its history. FAIA’s growth comes despite...
Allstate Ramps Up Agent Recruiting in Northeast
Jun 4 2012 // Allstate Insurance Company announced on May 15 that it is looking to appoint 140 new agency owners in Connecticut, Maine, New Hampshire, Pennsylvania, Rhode Island and Vermont. Allstate said the move is part of its...
Part Two: Is General Ledger Accounting Adequate for P/C Insurance Premium Transactions?
Jun 4 2012 // This is the second article in a two-part series on general ledger accounting. Part one can be viewed online. Only a few years ago, general ledger (GL) accounting was considered adequate by the industry consultants and...
Behind Bars: The Business of Insuring Correctional Facilities
Jun 4 2012 // Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy. A Howard County, Indiana, inmate files a lawsuit claiming the...
Business Moves – Midwest
Jun 4 2012 // SIAA, Thomas Insurance Group The Strategic Insurance Agency Alliance has signed its 4,000th member agency, the Thomas Insurance Group of Cape Girardeau, Mo. Recruited by master agency Valley Insurance Agency Alliance of...
N.H.-Based Northern United Agents Alliance Announces New Member Agency
Jun 1 2012 // The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, said Hunkins & Eaton Insurance Agency has joined the group as its newest member. Founded in 1880, Littleton,...
Missouri Issues Warning About Agent Barred from Insurance Business
Jun 1 2012 // The Missouri Department of Insurance says it has received reports that an agent previously barred from the insurance business has been selling policies illegally. The department revoked the insurance license of former...
Hurry, Don’t Miss Out: Submit Today for Top 100 Independent Agency Recognition
May 31 2012 // Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall...
Judge Reduces Prison Sentence of Chicago Insurance Mogul
May 31 2012 // A federal judge has spared a former Chicago executive the necessity of serving the final few months of his prison sentence for stealing millions from his insurance brokerage. U.S. District Judge Ruben Castillo, citing...
Wells Fargo Looking to Buy Insurance Brokers: CEO
May 31 2012 // Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, its chief executive said on Thursday. “I love the insurance distribution...
Neace Lukens Acquires South Carolina Broker
May 31 2012 // Louisville, Kentucky-based Neace Lukens is continuing its expansion by acquiring the independent risk management and insurance broker, First Carolina Risk Management Advisors. The Charleston, S.C.-based First Carolina...
