Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
To Thrive and Survive
Jan 27 2008 // E&S brokers seek new ways to grow, prosper in today’s changing market For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving...
Brown & Brown Acquire Diversified Insurance Brokerage of Ind.
Jan 25 2008 // J. Scott Penny, regional executive vice president of Brown & Brown, Inc. and Kevin Mandrell and William Lantrip, principals of Diversified Insurance Brokerage Group, Inc. of Indianapolis, Ind. recently announced the...
Calif.-based MOC Insurance, Farallon Assoc. Announce Merger
Jan 25 2008 // Van Maroevich, president and CEO of MOC Insurance Services/Maroevich, O’Shea & Coghlan, and Peter Brown and Harry Humphrey of Farallon Associates Insurance Brokers, both based in San Francisco, announced the...
New York Insurance Ad Rules Make for Longer Phone Books
Jan 24 2008 // New York agents looking to spruce up their advertisements better pay attention to the list of insurers they represent. And their insurers’ addresses. That’s because any agent or broker that lists in advertising...
House Passes Flood Insurance Reform Legislation
Jan 24 2008 // The House of Representatives passed H.R. 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett (R-N.J.), legislation that would gradually phase-out some of the subsidies...
Calif. Lawmaker Seeks to Ban Some Risky Mortgages
Jan 24 2008 // A California legislator on Wednesday introduced a lending-regulation bill that seeks to mandate the obvious — that people who want to buy a home can actually afford the mortgage, property taxes and insurance. The...
Mass. Insurance Department Launches Agent Finder Web Site
Jan 24 2008 // Massachusetts Insurance Commissioner Nonnie S. Burnes today unveiled AgentFinder, a Division of Insurance Web site designed to make it easier for Massachusetts consumers to find insurance agents and insurance products in...
Sharon Haenig Joins Sullivan E&S as Commercial Lines Manager
Jan 23 2008 // January 23 2008 – Orange, CA – G.J. Sullivan Co., a member of Los Angeles-based The Sullivan Group, has appointed Sharon Haenig as Commercial Lines Manager for its office in Orange, CA. Sharon will be...
N.C. Young Agents Raise $70,000 to Fund Habitat for Humanity House
Jan 23 2008 // The Young Agents of North Carolina have raised $70,000 to fund the construction of a Habitat for Humanity house. The Young Agents are partnering with Habitat for Humanity of Wake County. During the past year, the...
Ludt Joins Lawson-Hawks Team
Jan 23 2008 // John Miller, chief executive officer of Lawson-Hawks Insurance Associates announced the recent addition of Michael Ludt of Irvine, Calif., as a broker for the Healthcare/Medical Malpractice Division for the Mountain...
N.M. Insurance Agent Accused of Fraud
Jan 23 2008 // A Bernalillo County, N.M., grand jury has indicted an Albuquerque insurance agent on multiple charges of insurance fraud, embezzlement and racketeering. Jorge Gimenez, 58, was being held in the Bernalillo County...
Everest Re to Take $311 Million Charge for Asbestos; No Effect Say Rating Agencies
Jan 22 2008 // The Bermuda-based Everest Re Group announced that it has completed the previously announced detailed study of its potential asbestos exposures, and will take a “net pre-tax charge of $311 million related to the...
RISC Adds New Broker, Promotes Two
Jan 22 2008 // Dallas-based insurance wholesaler, RISC, announced the addition of Martin Sommers to its brokerage team. Additionally, RISC promoted Mike Lehde to senior vice president and Jack Bailey to vice president. Sommers has more...
Teacher, Gypsy, Even an Insurance Agent Make Fraud Hall of Shame List
Jan 22 2008 // A glass-eating gypsy, a teacher who faked terminal cancer, and an insurance agent who killed homeless clients are among the top insurance swindlers of 2007. These convicted thieves were inducted into the Insurance Fraud...
California Agents Brace for Rising WC Rates, Sluggish Economy
Jan 18 2008 // In the largest survey of its kind, fewer than half of California’s 10,000 business insurance agents see California’s business economy improving – either for themselves or for their clients – in...
Burns & Wilcox Add Broker to Michigan Office
Jan 17 2008 // Burns & Wilcox recently announced that Jeffrey Brown has joined the company’s Farmington, Mich. office as a broker. Brown will be responsible for placing business for large complex risks, including large...
La. Bail Bond Agent Arrested, License Revoked
Jan 17 2008 // The Louisiana Department of Insurance reported that a Shreveport bail bond agent has been arrested, issued a cease and desist order, a revocation of his license and fine for the felony crime of filing false public...
Networked Insurance Agents Opens New Territory in So. Calif.
Jan 17 2008 // Networked Insurance Agents, a national provider of markets, programs, and placement services to insurance agents, has appointed Cindy DeKay as territorial sales vice president for Metro Los Angeles. DeKay comes to...
Despite Woes, Big Insurance Brokers Still Make the Grade, Says Fitch
Jan 16 2008 // Taken as a group, the nation’s largest public insurance brokers did better in 2007 than 2006, although the continuing soft market will make it harder for them to improve a lot on the 2007 performance in 2008,...
Swiss Re Names Schneider to Head Mexico Brokers
Jan 15 2008 // Richard Schneider, an 11-year veteran of Swiss Re, has been appointed Office Head of Swiss Brokers Mexico. He succeeds Carlos Boelsterli, who has assumed the role of Head of Client Management for Latin America. Schneider...
