Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Moody’s Executives Criticize Firm’s Credit Rating Process
Sep 30 2009 // The former head of compliance overseeing Moody’s Corp.’s credit ratings business was routinely ignored when he warned that the firm was not properly monitoring municipal bond ratings, according to a letter...
At Home and Abroad, Vacated Properties Pose Greater Risk
Sep 29 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...
U.S. Risk Adds Walker as Associate Broker in Houston
Sep 29 2009 // Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has named Mary Walker an associate broker in the U.S. Risk Brokers Houston office. In this position, Walker is responsible...
Sales Lead Management
Sep 29 2009 // Leads360’s Lead Distribution and Sales Lead Management Software is trusted by thousands of internet lead buyers and recommended by top lead providers including AgentInsider®, InsureMe.com, Insurance Quote...
West Virginia Insurance Agents Cancel Convention, Citing Tough Economy
Sep 28 2009 // The Independent Insurance Agents of West Virginia has called off its 110th annual convention that was set to kick off on Sept. 30 for a few days at Pipestem State Resort. The association cited the struggling economy as the...
Louisiana Agent Accused of Premium Theft, Unfair Trade Practices
Sep 25 2009 // A Scott, La., area insurance agent has been arrested, issued a cease and desist order, summary suspension of his license and fine notice for alleged misappropriation of premiums and unfair trade practices. Carmen Miller,...
Minnesota Agent Installed as Vice Chairman of Big ‘I’
Sep 25 2009 // Michael “Mike” R. Donohoe of Mankato, Minn., was installed as vice chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the association’s recent Leadership...
Canadian Banks Eye Expansion into Insurance, Despite Restrictions
Sep 25 2009 // Insurance may emerge as the next big growth area in Canadian banking, even though regulations prohibit lenders from selling via their branches and insurance brokers vehemently oppose the move. When Canada’s biggest...
ACE Europe Reorganizes Business Structure in UK and Ireland
Sep 25 2009 // The ACE European Group has announced a new operating structure in the UK and Ireland with the creation of two distinct business segments, a new senior regional management structure and the launch of a suite of cross-class...
Louisiana Insurance Agents Fined for Alleged Fraud
Sep 24 2009 // Two Denham Springs, La., insurance agents have been accused of committing insurance fraud, and were served with cease and desist orders, summary suspension notices and fine notices by the Louisiana Department of...
Oregon Investigates Phony Agent
Sep 24 2009 // The Oregon Insurance Division is asking dentists and oral surgeons to contact the division if they purchased business owners’ insurance through Brenda L. MacLaren-Beattie, a Washington-based agent who allegedly sold...
Iowa Insurance Agent Gets 15 Years for Bilking Elderly
Sep 24 2009 // A federal judge in Cedar Rapids, Iowa, has handed a 15-year prison sentence to a Waterloo insurance agent convicted of fraud in the bilking of elderly clients. U.S. District Judge Linda Reade opted to go beyond the maximum...
Dibb Joins North Carolina’s Trisure Brokerage
Sep 23 2009 // Kirby Dibb has joined independent insurance brokerage TriSure in Raleigh, North Carolina, as client services manager for safety and risk management. In her new capacity, Dibb is responsible for the design, training and...
Insurance Agent Jailed for Falsely Representing Lloyd’s in Kentucky
Sep 23 2009 // A financial service worker in South Carolina was sentenced today to two years in prison for using a scheme to dupe mortgage companies and homeowners in Eastern Kentucky. David C. Thomas, of Greenville, S.C. admitted he...
Newest Florida Carrier, Prepared Insurance, Targets ‘Older’ Homes
Sep 23 2009 // Florida has given the go-ahead to a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, intends to use...
Noted California Insurance Lobbyist Passes Away
Sep 23 2009 // Long-time Sacramento lobbyist for California insurance agents and former Federal Bureau of Investigations investigator, Fred G. Dupuis, died last week in Marin County, where he had lived for 60 years. Dupuis was 93 years...
Washington State Bars Iowa-Based Agent
Sep 22 2009 // Washington’s Office of the Insurance Commissioner has ordered a Des Moines-based, former insurance agent to immediately stop selling what are apparently fake insurance policies. Brenda L. MacLaren-Beattie and The...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Sep 21 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
People
Sep 21 2009 // Wells Fargo Insurance Services of Minnesota Inc. named Gina Samland managing director for its Nebraska, Iowa, and Kansas City, Kan., operations. She is based in the Omaha, Neb., office. In her new role, Samland is...
Virginia Agents Present Award to Lawmaker
Sep 21 2009 // The Independent Insurance Agents of Virginia (IIAV) has given its Commonwealth Award to Republican lawmaker Frank D. Hargrove Sr. The award recognizes outstanding service for the insurance industry, independent insurance...
