Latest Agencies Headlines

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

N.C. Agent Pockets $8,300, Charged With Embezzlement

Mar 16 2006 // Ponce D. Moody, 53, of Raleigh, N.C. was arrested on charges of embezzlement by an insurance agent according to Insurance Commissioner Jim Long. Moody allegedly pocketed more than $8,300 in collected insurance premiums...

South & Western, American Modern Offering CE Courses for Texas Agents

Mar 15 2006 // South & Western General Agency and American Modern Insurance Group are offering several continuing education courses to help Texas agents understand Motorcycle/ATV and Watercraft coverage issues. Each course provides...

Agents Support New House Intangible Assets Tax Bill

Mar 15 2006 // The Independent Insurance Agents & Brokers of America (the Big “I”) announced its support for a bill introduced today in the House that would allow purchasers of eligible small businesses to write off as...

ABD Insurance and Financial Services Gains Top D&O Broker Rating

Mar 15 2006 // California-based ABD Insurance & Financial Services is once again the leading directors and officers liability insurance broker in the United States, according to the 2005 Tillinghast-Towers Perrin D&O...

Former S.D. Insurance Agent Sentenced to 21 Years for Theft

Mar 14 2006 // A former insurance agent was sentenced Friday to 21 years in prison for stealing hundreds of thousands of dollars from older South Dakotans while acting as their agent. Ryan Wingler, 34, had pleaded guilty earlier to six...

AgentSecure Launches New Retail Commission Plan

Mar 14 2006 // Fort Worth, Texas-based AgentSecure, an online wholesaler for Commercial and Personal Lines products, rolled out a new retail commission plan, an incentive aimed at growing the revenue of its members and increasing the...

Colemont Names Maddox Assistant Vice President and Broker

Mar 14 2006 // Colemont Insurance Brokers, Woodland Hills, Calif., announced it has named James Maddox assistant vice president and broker. “James brings a great deal of knowledge of the technology insurance marketplace to our...

Fla. Forum Topic: Disappearing Markets, Looming Hurricanes

Mar 14 2006 // Challenges like disappearing markets, looming hurricanes and the quest to add more to the bottom line will all be addressed during a Professional Insurance Agents of Florida Member Forum on May 12 in Orlando at the Caribe...

N.C. Disaster Planning Guide Published

Mar 14 2006 // The Independent Insurance Agents of North Carolina has published its disaster planning guide for members and the general public. Bill Bingham, IIANC president said the guide will be useful to all North Carolina residents...

Fla. Scheme Misappropriated $845,000 in Boat Premiums

Mar 13 2006 // John Paul Castagna, 46, the owner of Castagna Specialty Risk, with offices in Deerfield Beach, Fla. has been apprehended by the Department of Financial Services Division of Insurance Fraud for allegedly stealing more than...

DiMatteo Elected President of Conn. Agents’ Group, PIA

Mar 13 2006 // Professional Insurance Agents of Connecticut Inc. elected officers during the association’s annual convention at Foxwoods Resort Casino in Mashantucket, Conn. Following are the new officers who will lead PIACT in...

Calif. Regulator Reaches Settlement with Marsh to End Secret Commissions

Mar 13 2006 // California’s Department of Insurance (CDI) has reached an agreement with Marsh & McLennan Companies Inc. requiring the giant broker to fully disclose commission agreements and put a halt to harmful practices...

Beecher Carlson Initiates Developer, Builder Program

Mar 10 2006 // An integrated brokerage and captive solution for residential developers and builders has been launched by Beecher Carlson, an Atlanta-based brokerage and risk management consulting company. The firm’s Precision...

HUB International Shifts Management in New England Brokerage

Mar 10 2006 // Hub International Limited has made several management changes in its New England operation. Charles (Charley) J. Brophy will assume the role of president and chief executive officer of insurance brokerage Hub International...

Round Table Discussions to Focus on Miami-Dade County Market

Mar 10 2006 // ‘Speed-meeting’ round table discussions in which members will sit at tables and have an opportunity to talk with underwriters and discuss the current market, products and services, sponsored by the Independent...

Poe Financial Group Cancels New, Renewed Fla. Homeowners, Commercial Policies

Mar 9 2006 // Florida agents have been notified by Poe Financial Group that thousands of policyholders with its Southern Family Insurance Company will no longer be able to renew or insure new homeowner or commercial lines business. The...

Agents and Brokers: Top 10 Reasons to Join the Top 100 … and Let Your Success be Known

Mar 9 2006 // Insurance Journal’s search for the nation’s top privately-owned independent insurance agencies and brokerages has begun but some qualified firms have not yet sent in their entry forms. The final deadline has...

Agents, Brokers Encourage Calif. Supreme Court to De-Publish Opinion

Mar 9 2006 // Insurance Agents and Brokers of the West (IBA West) has urged the California Supreme Court to “depublish” an unprecedented appellate court opinion suggesting that insurance broker-agents owe a legal duty of...

N.C. Big ‘I’ to Present Check for UNC Endowment on March 8

Mar 7 2006 // A check for $54,000 for a scholarship endowment will be presented at 1 p.m. March 8 to the Belk College of Business at the University of North Carolina by the Young Agents Committee of the Independent Insurance Agents of...

PIA: Federal Proposal Will Be Trojan Horse for Optional Federal Charter

Mar 7 2006 // The National Association of Professional Insurance Agents has reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to dismantle...