Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Illinois Insurance Agent Pleads Guilty to Fraud

Jun 25 2009 // Zion, Ill., resident Reuben Collier Jr. has pleaded guilty to four Class 3 felony charges in Lake County Court, the Illinois Department of Insurance announced. Collier, an insurance agent licensed by the Department,...

South Texas Brokers Charged with Multi-Million Dollar Insurance Fraud

Jun 25 2009 // Two licensed insurance brokers with offices in the Brownsville, Texas, area have been charged with conspiracy, mail fraud and wire fraud in a multi-million dollar scheme, according to U.S. Attorney Tim Johnson. The U.S....

Wisconsin’s Capitol Insurance Adds Commercial Auto Coverage

Jun 25 2009 // Capitol Insurance Companies (Capitol) based in Middleton, Wis., has launched a commercial automobile insurance product. The company said the product is available for appointed insurance agents and brokers through a newly...

Lawyer Says Alabama Agent Trying to Clean Up Ex-Employees’ Fraud

Jun 24 2009 // The lawyer for a Gulf Shores insurance agent has asked state officials to grant her a probation period to allow her to make repayments to customers victimized by fraud. Richard Lively said that revoking the license of...

Henry Honored with Texas Agents’ Political Action Award

Jun 24 2009 // The Independent Insurance Agents of Texas (IIAT) has named Bill Henry, CEO of Dallas-based McQueary Henry Bowles Troy LLP, winner of the Paige Eiland Award for Voluntary Political Action. As a regional vice president for...

Willis UK Broker Networks Mark 10 Years, 100 Members

Jun 24 2009 // Willis Networks, a partnership between Willis Group Holdings and local, independent brokers in the UK, is this week celebrating its 10th anniversary and 100th member at its annual forum which starts tomorrow. Willis...

Wholesale Brokerage NAPCO Relocates New Jersey Headquarters

Jun 24 2009 // Wholesale commercial insurance brokerage NAPCO has relocated its corporate headquarters to an 11,000-square foot office inside the Woodbridge Hotel and Conference Center complex in Iselin, New Jersey. NAPCO says the move...

TWFG General Agency, Universal NA to Accept Lincoln General Policies

Jun 24 2009 // The Woodlands, Texas-based TWFG General Agency has entered into an agreement with Universal North America Insurance Company to offer renewal policies to Lincoln General Insurance Company’s Texas...

Houston Agency Names Persha Dir. of Environmental Risk Management

Jun 23 2009 // Houston-based insurance agency Bowen, Miclette & Britt has named Dan Persha as director of Environmental Risk Management. With 30 years of commercial insurance brokerage experience, Persha specializes in heavy...

Specialty Underwriters’ Alliance Extends Partner Agent Agreements

Jun 23 2009 // Chicago-based Specialty Underwriters’ Alliance Inc. has amended its Partner Agent Program Agreements with its three largest Partner Agents – Risk Transfer Programs LLC (RTP); American Team Managers Insurance...

Louisiana Agent Accused of Fraud

Jun 23 2009 // A Baton Rouge, La., insurance agent has been arrested, served with a cease and desist order, summary suspension order and fine notice for alleged fraud. Henry Leo Beard, Jr., 36, was arrested by agents with the Louisiana...

Florida Independent Insurance Agents Establish Charitable Fund

Jun 23 2009 // At its recent 105th annual conference in Orlando, the Florida Association of Insurance Agents (FAIA) announced a donation of $500,000 to launch a new charitable project, the Good Works Fund. In addition to helping...

Arkansas Agent Arrested on Fraud Charges

Jun 22 2009 // Arkansas Insurance Commissioner Jay Bradford announced the arrest of Rickey Lynn Warren of Hensley, a former a licensed insurance agent charged with insurance fraud. Warren is accused with taking checks totaling $2,125 for...

Tower Group to Acquire Specialty Underwriters’ Alliance of Illinois

Jun 22 2009 // New York-based Tower Group, Inc. has agreed to purchase Illinois-based specialty insurer Specialty Underwriters’ Alliance, Inc. in a transaction valued at approximately $107 million. Under the terms of that...

Montana Takes Back Surplus Lines Stamping Office Operations

Jun 22 2009 // Montana’s Department of Insurance is now handling the operations of the Surplus Lines Stamping Office. Under the change, the agency will directly review and process surplus lines submissions, verify that agents are...

Bridges Named Young Agent of the Year by Texas Independent Agents

Jun 19 2009 // The Independent Insurance Agents of Texas (IIAT) has named Mark Bridges, a producer at Edmond, Deaton & Stephens Insurance Agency in Amarillo, as the André P. Juneau Young Agent of the Year. Bridges was honored with...

The Independent Insurance Agents of Texas Installs New Leadership

Jun 18 2009 // The Independent Insurance Agents of Texas (IIAT) has elected new leadership for 2009-2010. Bryan Shofner, president of Shofner & Associates Insurance Agency Inc., a holding company that owns and operates Shofner Lynch...

Officials Looking to Catch Few Bad Apples Among P/C Insurance Agents

Jun 17 2009 // Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise– and they are on the alert for any jump in fraud by property/casualty agents and...

Main Provisions of Obama Reform Plan for Financial Regulation

Jun 17 2009 // President Barack Obama plans on Wednesday to unveil his proposal to overhaul U.S. financial regulatory system. Here are the main provisions as outlined by administration officials and as detailed in a document obtained by...

Medlin Receives Top Award from Texas Independent Agents Group

Jun 17 2009 // The Independent Insurance Agents of Texas (IIAT) announced that Plano independent insurance agent Don Medlin recently received the Drex Foreman Award at the association’s 112th Annual Conference & Trade...