Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
McGovern, Duggan Join National E&S Insurance Brokers
Oct 16 2008 // John McGovern and Paul Duggan have joined National E&S Insurance Brokers Inc., a specialty wholesale environmental insurance broker based in Palmdale, Calif. Both McGovern and Duggan have extensive experience in...
Aon Selling Auto Insurance Broker in California to Mercury General
Oct 15 2008 // Mercury Casualty Co., the largest insurance subsidiary of Los Angeles-based Mercury General Corp., has agreed to buy Auto Insurance Specialists Inc. from Aon Corp. AIS is an independent broker and major producer of...
Ex-New York Insurance Broker Sentenced to Probation
Oct 15 2008 // A 59-year-old former New York insurance broker who sold insurance despite having his license revoked in 2002 was sentenced to five years’ probation yesterday for pocketing $90,000 in premiums from businesses in...
Howard Joins Lockton Phoenix Brokerage Team
Oct 15 2008 // The Phoenix office of Lockton Companies LLC appointed insurance industry veteran J. Robert Howard as producer for all property and casualty lines. Howard’s credentials include more than 20 years in the insurance...
AIG Commercial Insurance Unit Financially Fit and Fighting Back
Oct 14 2008 // The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the...
Mass. May End Auto Insurance Appeals; Agents Balk
Oct 13 2008 // The Massachusetts insurance commissioner, addressing a concern of some insurers, is considering eliminating the unique right under which Bay State drivers have been able to appeal auto premium surcharges they consider...
California Agents Alliance Offers Errors & Omissions Program
Oct 10 2008 // The Alliance of Insurance Agents & Brokers is offering a new errors and omissions program for its members. The program offers rates as low as $1,500 per year, broad coverage and various options through the American...
HSBC Insurance Brokers Receives Qatar Financial Center License
Oct 10 2008 // HSBC Insurance Brokers Limited announced that it has established a branch office and received regulatory approval from the Qatar Financial Center (QFC) Authority to provide insurance broking services to corporate customers...
New Leaders Join Professional Insurance Agents of Florida
Oct 10 2008 // Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly “Kim” Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to the...
AIG Crisis Highlights the Need for Insurance Professionalism
Oct 10 2008 // American International Group’s meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance professional and the non-professional. Insurance professionals will...
American National Aiding Clients of Former Agent Accused of Premium Theft
Oct 10 2008 // Galveston, Texas-based American National Insurance Company and its subsidiary, American National Property and Casualty Company learned shortly after Hurricane Ike that one of its agents had failed to forward to the Texas...
Houston-based General Agency Adds Starmark as a Provider
Oct 10 2008 // AMG, an independent privately-owned brokerage general agency based in Houston, has announced it is now managing general agent for Starmark to offer healthcare for small businesses. Starmark features a wide range of...
Independent Agent 2.0: Branding Through Blogging and Beyond
Oct 10 2008 // Real time technology is giving agencies immediate access to carrier information on their clients, allowing agencies to quickly and efficiently transact quotes, billing inquiries, endorsements, loss runs, policy views, and...
Mississippi Insurance Agent Claims Sentence too Harsh
Oct 7 2008 // A federal appeals court in Mississippi rejected Ecru insurance agent Ken Nowlin’s claim that his 30-month sentence for his role in a kickback scheme was too harsh. Nowlin was sentenced in February. He pleaded guilty...
Pressure Rising for Tighter Regulation of Insurance, Financial Services
Oct 7 2008 // With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of...
Renewal Rights Agreement Bolsters Narragansett Bay in New York
Oct 7 2008 // Narragansett Bay Insurance Co. has entered into a renewal rights agreement with Adirondack Insurance Exchange that should bring to the company 4,500 Long Island homeowner’s policies with approximately $10 million in...
Sullivan Group Forms Sullivan Brokers Wholesale Insurance Solutions
Oct 6 2008 // The Los Angeles-based Sullivan Group has announced the formation of Sullivan Brokers, Wholesale Insurance Solutions Inc., a national wholesale brokerage firm with an emphasis on professional, management and health care...
North Dakota Agent Pleads Not Guilty to 78 Counts of Fraud
Oct 6 2008 // A Fargo insurance agent has pleaded not guilty to stealing more than $5 million from clients. Larry Atkins is charged with 78 felony counts, including engaging in fraudulent practices and selling unregistered securities....
People
Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...
People
Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...
