Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Okla. Insurance Agent Gets 97 Months
Nov 30 2004 // A former Shawnee, Okla., insurance agent was sentenced recently to 97 months in federal prison, but state prosecutors say the man has agreed to a much lengthier sentence for swindling scores of investors out of more than...
Fireman’s Fund Unveils $1 Million Program to Improve Fire Safety, Prevention for the Bay Area
Nov 30 2004 // Fireman’s Fund Insurance Company (FFIC) of Novato, Calif. today announced more than $1 million in funding and donations for firefighting equipment, fire prevention tools, firefighter training and community fire...
Calafiore Elected President of Greater N.Y. Brokers
Nov 29 2004 // The Council of Insurance Brokers of Greater New York inaugurated its youngest president to date — Anthony S. Calafiore, president, Apex Brokerage Co. Inc. — at its 27th annual Dinner Dance. CIBGNY also honored Terry M....
Ark. Issues ‘Reminder’ on Producer Compensation
Nov 29 2004 // The Arkansas Insurance Department announced it has begun a general investigation of the insurance practices of Arkansas insurance brokers and insurance companies. In light of the recent “bid-rigging”...
Fla. Agent Misled Clients, Loses License
Nov 29 2004 // A Windermere, Fla. man has lost his licenses to sell insurance following an investigation by the Florida Department of Financial Services that alleged he took advantage of his clients for his own financial gain. Earlier...
American Agents Alliance Welcomes Nigohosian as New Executive Director
Nov 29 2004 // The American Agents Alliance Board of Governors announced the selection of Ken Nigohosian as the association’s new executive director. Nigohosian was chosen from among a pool of the insurance industry’s best...
Lockton Insurance Brokers Expands L.A.-Based Corporate Headquarters
Nov 26 2004 // Los Angeles-based Lockton Insurance Brokers Inc., a commercial insurance brokerage, announced that it has signed a seven-year lease for an additional 23,994 square feet of corporate headquarters space at downtown’s...
R&M Releases 2004 Guide to U.K. Distribution of Commercial General Insurance
Nov 26 2004 // Dublin’s Research and Markets has announced the addition of a guide to U.K. Commercial Insurance Distribution 2004 to their offering. “This report provides a comprehensive guide to the distribution of...
BB&T Eyeing Langan Insurance Agency, Its Fourth Kentucky Acquisition
Nov 26 2004 // The Lousville-based Langan Insurance Agency is being acquired by BB&T Insurance Services of Raleigh, N.C. Lagan has 41 employees. According to Wade Reece, BB&T president, Bill Roby Sr., Langan president and Tom...
RiskProNet Member Merges with Sutter Holding Company
Nov 24 2004 // FLF Inc. d/b/a Diversified Risk Insurance Brokers, a commercial property and casualty insurance broker based in Emeryville, Calif., announced it had signed a definitive agreement to merge with Sutter Holding Company...
ERC’s Internal Investigation Turns Up ‘Isolated’ Bid Rigging
Nov 24 2004 // A five-week internal investigation at Kansas City, Mo.-based commercial-lines carrier Employers Reinsurance Corp. has so far uncovered “isolated instances” of bids inflated at the request of Marsh Inc. brokers,...
Smith Named Beecher Carlson Managing Director
Nov 23 2004 // Beecher Carlson Holdings Inc. of Atlanta has announced the appointment of Robert “Robbie” C. Smith as a managing director. Smith will focus on acquisition opportunities and talent recuritment. Smith spent the...
PIA of Fla. Board Honors Cobb, Silverman, Fowinkle
Nov 23 2004 // Dave Cobb, Ron Silverman and Bob Fowinkle were honored by the Professional Insurance Agents of Florida (PIA) board of directors during a meeting this week in Hutchinson Island, Fla. Mark O’Connell, PIA executive vice...
Paletta Joins Heffernan Insurance Brokers as Producer
Nov 23 2004 // Heffernan Insurance Brokers announced the appointment of Marc Paletta as a producer in its Walnut Creek office. He will focus on employee benefits business development for mid-sized businesses in and around the Bay...
AIA Sets Multi-Issue Agenda for NAIC Meeting
Nov 23 2004 // The American Insurance Association (AIA) on Tuesday said that it has a full agenda for the upcoming National Association of Insurance Commissioners’ (NAIC) Winter Meeting. Issues of concern to AIA include the...
Pair of Ga. Agents Arrested
Nov 22 2004 // Georgia Insurance Commissioner John Oxendine said an investigation by his office resulted in the arrest of two Albany, Ga., insurance agents. Tiawanna Thomas Moore and Kimberly Thomas Goodman were arrested. Goodman was...
Ala. Insurance Agents Plead Guilty in Bribery Case
Nov 22 2004 // Two insurance agents have pleaded guilty in Birmingham, Ala., to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the...
Fla. Agent Faces Felony Charges for Stealing Premiums
Nov 22 2004 // A Florida property insurance agent with customers in Hardee, Polk and DeSoto counties faces several felony charges stemming from allegations that he stole insurance premiums from homeowners and never secured property...
Ga. Agent Charged with 13 Counts of Insurance Fraud
Nov 22 2004 // Georgia Insurance Commissioner John Oxendine said an investigation by his office resulted in the arrest of insurance agent in Lyons, Ga. Arrested was Meredith Dianne Sowell, who has been charged with 13 counts of insurance...
Industry Consolidation Continues to Gain Momentum, 2005 Looks Cloudy
Nov 22 2004 // 2004 Could Break Records for Announced Transactions Agency consolidations are likely to achieve record results for 2004 but the outlook for 2005 remains unclear. Agency acquisitions in 2004 will more than likely outpace...
