Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Illinois Agent Admits Stalking ESPN’s Andrews
Dec 17 2009 // Walking into a courtroom Tuesday to face the man who posted naked videos of her online left Erin Andrews momentarily shaken, the ESPN sideline reporter admitted later. But by the time she started to tell a federal judge...
State Farm to Stay in Florida, Cancel 15% of Policies, Raise Rates 15%
Dec 16 2009 // State Farm Florida will remain in Florida under a negotiated agreement that allows it to cancel about 15 percent of its policies and raise rates 14.8 percent. The deal also allows its contract agents to place the business...
Louisiana Regulators Crack Down on Agents Ruston and Shreveport
Dec 16 2009 // Insurance agents in Shreveport and Ruston, La., have been cited by the Louisiana Department of Insurance for allegedly participating in fraudulent or illegal activities. Carlos Vandarryl Boston of Shreveport has been fined...
Prible Named VP, Federal Affairs; Cialone, Sr. Director for Big ‘I’
Dec 15 2009 // The Independent Insurance Agents & Brokers of America (the Big “I”) named Lauren Cialone as senior director of federal government affairs and John Prible has been promoted to vice president of federal...
Wells Fargo Appoints San Francisco Broker
Dec 15 2009 // Wells Fargo Insurance Services is pleased to announce Jennifer Schaeffer is a senior broker with the Professional Risk Group. Schaeffer will be based in San Francisco, Calif. She will focus on directors’ and...
Aon to Acquire Construction Insurance Broker FCC Global of Spain
Dec 15 2009 // Aon Risk Services said that it has agreed to acquire FCC Global Insurance Services, the in-house captive brokerage subsidiary of FCC. FCC Global Insurance Services is a subsidiary of Fomento De Construcciones Y Contratas,...
New Requirements Drive Need for Surety Bonds in Texas and Arkansas
Dec 14 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. Brokers in both states are working to stay on top of the new mandates....
Agent Agrees to Plead Guilty in Nude Videotaping Case
Dec 14 2009 // ESPN reporter Erin Andrews and the man accused of secretly making nude videos of her will come face-to-face next week in a Los Angeles courtroom when the Illinois insurance executive enters an expected guilty...
Fresno Agent Arrested for Auto Insurance Embezzlement
Dec 11 2009 // Fresno Insurance agent Ismael Flores Venegas, 34, has been arrested on felony counts of embezzlement by an agent and grand theft by embezzlement, the California Department of Insurance announced yesterday. If convicted,...
From Zero to 200 in 5: The Rise of Kansas City-based Ascension Insurance
Dec 11 2009 // Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They...
Heffernan Insurance brokers Names Feliciano VP in Los Angeles
Dec 11 2009 // Walnut Creek, Calif.-based Heffernan Insurance Brokers has hired Cecille Feliciano as vice president in its Los Angeles office. She will be focusing on employee benefits, new business development, and account management...
Louisiana Agent Accused of Pocketing Premiums, Forgery
Dec 10 2009 // A St. Bernard Parish, La., agent has been arrested by the Louisiana State Police Insurance Fraud/Auto Theft Unit and served by Department of Insurance Fraud Section Investigators with a cease and desist order, summary...
New Year to Bring New Pay Disclosure Rules for New York Producers
Dec 10 2009 // The new year is likely to bring new compensation disclosure rules for New York insurance producers. A pending regulation allows agents and brokers to accept incentive pay from insurers that is tied to volume and...
S. California Agent Sentenced in Workers’ Comp Theft Case
Dec 8 2009 // Randy Jay Barrett, 41, of Canoga Park was sentenced to 240 days in jail and five years probation after pleading guilty to one count of felony grand theft. Barrett was also ordered to make restitution to his victim and a...
Wells Fargo Insurance Buys Agencies in Florida, Washington
Dec 8 2009 // Wells Fargo Insurance Services, Inc. has acquired iLeader Risk Management Solutions, a single office, insurance brokerage located in Tampa, Fla., and Orca Bay Benefits, LLC, a single office, employee benefits insurance...
Berns Added as Account Executive at Associated Agencies
Dec 7 2009 // Rolling Meadows, Ill.-based Associated Agencies Inc., has hired Helene R. Berns as an account executive. Berns is licensed in all areas of insurance, offering service to those needing auto, home, commercial and other...
California Agent Guilty of $48,207 Theft from Clients
Dec 7 2009 // Insurance agency owner Craig Randall, 52, of Porter Ranch has been found guilty of 13 counts of theft of funds by a broker or agent, two counts of forgery, one count of attempted theft of funds and one count of attempting...
Aon Acquires Major Construction Insurance Broker Allied North America
Dec 7 2009 // Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., said it has agreed to acquire Allied North America, one of the largest independent surety and construction insurance brokerage firms in...
New York Requires Fingerprints for Some But Not Insurance Agents
Dec 7 2009 // New York State will begin requiring electronic fingerprints of people seeking certain professional insurance licenses– but not agents and brokers. The electronic fingerprinting will be part of background checks...
People
Dec 6 2009 // The San Diego office of Lockton Cos. hired Bud Cole in the company’s employee benefits practice as vice president and senior consultant. Cole will serve as a liaison between clients and the Lockton benefits team,...
