Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Georgia Father, Son Agents Charged with Defrauding Goodwill, Insurer
Dec 21 2009 // Georgia Insurance Commissioner John W. Oxendine said two Macon insurance agents — a father and son– have been arrested after being charged with keeping premiums paid to them for auto and business liability...
Former Agent in S. California Arrested for Identity Theft
Dec 21 2009 // California Insurance Commissioner Steve Poizner today announced that James Alfred Morris, 66, of Covina, has been arrested and charged with eight felony counts of identity theft and six felony counts of grand theft after...
The Best Independent Agencies to Work For … And Why
Dec 20 2009 // The results are in from the “2009 Best Independent Insurance Agency to Work For” survey by Insurance Journal. The common theme resonating from the winning responses is one of family ideals. Regardless of size...
Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known
Dec 20 2009 // It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance...
Creative Social Networking for Insurance Agencies
Dec 20 2009 // Don’t Expect Many Friends With Boring Posts Social media is the cover term for the hottest marketing communication tools of today. They include such popular Web 2.0 networking sites as Facebook and Twitter. Both...
People
Dec 20 2009 // Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher...
Has To Get Better
Dec 20 2009 // It’s no secret that 2009 was a tough year. Just as tough as 2008; maybe even more so. The economy continued to tank. More businesses shut their doors. Revenues dropped for just about every business. Independent...
Rocky 2009 Leaves P/C Industry Hoping for a Better 2010
Dec 20 2009 // Agents Wish for Firmer Prices, Better Economy and Market Stability in New Year Once again, agents and brokers are wishing for a harder insurance market in the New Year. But while most agents hope for firmer insurance...
Insurance Agents Urge Reform of Estate Tax
Dec 20 2009 // The U.S. House of Representatives recently passed a measure (H.R. 4154) that would permanently extend the estate tax rate and exemption amount at this year’s levels. As present, the estate tax has a rate of 45...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Marsh to Acquire HSBC Insurance Brokers; Enters ‘Strategic Partnership’
Dec 18 2009 // Marsh announced that it has concluded an agreement to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of the HSBC Banking Group. The total consideration is valued at £135 million ($218 million),...
Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States
Dec 17 2009 // Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy initially will be available in Arizona,...
North Carolina Agent Charged with Embezzling Insurance Premiums
Dec 17 2009 // North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of a licensed insurance agent from Fremont who has been charged with embezzling $7,000 in insurance premiums. Insurance department investigators...
Los Angeles-Area Agent Convicted of Identity Theft
Dec 17 2009 // California State Insurance Commissioner Steve Poizner today announced that Janet Gail Wroe, 49, of Canyon Country has been convicted of felony identity theft and sentenced to two years in prison after she stole the...
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,...
