Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurer Retools Home Value Insurance Coverage
Sep 30 2011 // Home Value Insurance Co. has re-entered the insurance market with a product that promises to protect homeowners from falling home values. Home Value Insurance initially launched the product in 2009. The company has...
Nationwide and Harleysville Insurance Agree to Merger; Analysts Respond
Sep 29 2011 // Nationwide Mutual Insurance Co. and Harleysville Insurance announced on Thursday, Sept. 29, that they have agreed to a merger. Nationwide Mutual will acquire Harleysville Group for $760 million. Nationwide Mutual will pay...
Judge Lets Agent Orange Case Against Monsanto Proceed
Sep 29 2011 // Monsanto Co. has lost a bid to close part of a lawsuit alleging the company caused health injuries to residents living near a plant that made the Vietnam War-era U.S. military defoliant “Agent...
Xchanging Gains Full Control of Brokerage Services Subsidiary from Aon
Sep 29 2011 // Xchanging, the London-based business process and technology services provider and integrator, announced that it has “gained full control of Xchanging Broking Services Limited, the Enterprise Partnership it formed...
California’s Align Financial, Excellere Form Non-standard Auto Insurer
Sep 28 2011 // San Diego, Calif.-based Align Financial Group LLC has partnered with private equity firm Excellere Partners, of Denver, to form Personable Holdings Inc., an independent, non-standard auto insurance provider. Personable...
Independent Agents Worried About Nationwide/Harleysville Deal
Sep 28 2011 // Northeastern independent agents with Harleysville appointments said they are leery about the reported Nationwide/Harleysville deal and have lots of questions. According to a report by Bloomberg last Friday, giant...
Rating Agencies Win Dismissal of Ohio Funds Lawsuit
Sep 28 2011 // The three major credit-rating agencies won the dismissal of a lawsuit alleging that five Ohio pension funds lost hundreds of millions of dollars on risky mortgage debt because they relied on flawed ratings that made the...
Federal Agents Raid Settlement Payments Firm Imperial Holdings
Sep 28 2011 // Imperial Holdings’ shares plunged as much as 75 percent Wednesday, a day after federal investigators raided the offices of the company, which makes lump-sum payments to buy life insurance policies and structured...
Louisiana Agent Arrested for Alleged Insurance Fraud
Sep 27 2011 // A Metairie, La., insurance agent has been arrested for insurance fraud, state officials say. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Angela Bodenheimer, 49, on one count of insurance fraud, the...
Michigan Earns Outstanding Big ‘I’ Young Agents Award
Sep 27 2011 // The National Young Agents Committee of the Independent Insurance Agents & Brokers of America (IIABA or the Big ‘I’) has named its state counterpart in Michigan as the 2011 Outstanding Young Agents Committee...
Burns & Wilcox Promotes LaLonde to Manager, Insurance Solutions
Sep 26 2011 // James LaLonde has been promoted to manager of insurance solutions at Burns & Wilcox. LaLonde previously served as an insurance solutions analyst II in the insurance solutions group of the IT department. He is the lead...
Former Head of Liberty Title in N.Y. Sentenced to 20 Months in Prison
Sep 26 2011 // Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two...
Washington, D.C.-based Broker Ames & Gough Promotes Four Executives
Sep 22 2011 // Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms and other professional organizations and consulting firms, has promoted four officers. Ames &...
Central Insurance Honored With Big ‘I’ Best Practices Award
Sep 21 2011 // The Central Insurance Companies, headquartered in Van Wert, Ohio, was recently awarded the 2010 Best Practices Award of Excellence from the National Independent Insurance Agents and Brokers of America (Big...
U.S. RE Executive Joins N.Y. Reinsurance Broker Holborn
Sep 21 2011 // Independent reinsurance broker Holborn Corp. has appointed Arthur Dougherty as a senior vice president in the firm’s New York City headquarters. Dougherty is an industry veteran, having worked more than three decades...
Ex-Insurance Agent in Pennsylvania Sentenced for Fraud
Sep 21 2011 // A former northeastern Pennsylvania insurance executive has been sentenced to 5 1/2 to 16 1/2 years in state prison in what prosecutors said was a pyramid scheme worth at least $7 million. Brian Murray, 68, former head of...
Cooper Gay Swett & Crawford: A Global Broker Pioneers a New Path
Sep 21 2011 // Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices...
Best Agency to Work For – South Central
Sep 19 2011 // Houston, Texas HARCO Insurance Services “We already knew we were the best place to work. We just wanted to let everyone else know, too.” Gerri Rougeau is echoing what she and her team of 24 staff, 8 producers,...
People
Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include: Lawrence Lejfer — Vice president and senior...
Best Agency to Work For – East
Sep 19 2011 // Belchertown, Mass. Bell & Hudson “Our boss is the bomb,” says Michelle Tetrault, her voice barely above a whisper as if she’s afraid of revealing a closely guarded secret. “They broke the mold...
