Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Kentucky Agent Lands Fraud Sentence
Jun 17 2003 // The Fraud Investigation Division of the Kentucky Department of Insurance announced a former Lexington insurance agent has been sentenced in Fayette Circuit Court on one felony count of fraudulent insurance acts. According...
Former N.Y. Broker Charged with Selling False Workers Comp Policy
Jun 16 2003 // New York State Insurance Department Superintendent Gregory Serio announced the arrest of Ross Anderson, 47, a former insurance broker, on charges that he falsified business records by selling fraudulent insurance, leaving...
Lloyd’s Sees Increasing Role for European Insurance Brokers
Jun 13 2003 // James Sutherland, who heads Lloyd’s Development & Strategy – Worldwide Markets, indicated that European brokers will play an increasingly powerful role in the European insurance market of the...
Calif. Broker Arraigned on Grand Theft Charges
Jun 11 2003 // Former insurance broker An Khai (aka Annie) Lu, 54, of Monterey Park, Calif., was arraigned on three counts of grand theft. The California Department of Insurance (CDI) revoked Lu’s insurance license in Oct. 2002 for...
NYSID Authorizes Internet Option for Continuing Education Requirements
Jun 10 2003 // In a move designed to facilitate access to its Continuing Education Program (CE) for all NY producers, New York State Insurance Department Superintendent Gregory V. Serio announced that the Department has revised...
Turner Joins Higginbotham & Assoc. as Managing Director
Jun 9 2003 // Dallas-based Higginbotham & Associates, one of the nation’s 100 largest independent insurance brokerage firms, added commercial insurance and risk management professional Jeff Turner to its rapidly expanding...
N.Y. Agent Arrested for Stealing Annuity Money from Clients
Jun 9 2003 // New York’s Superintendent of Insurance Gregory V. Serio and Suffolk County District Attorney Thomas J. Spota announced the arrest of Michael C. Cammarota, 57, a life insurance agent and owner of Descap Financial...
IIABA SURVEY REPORTS NEARLY 2.5 MILLION HOUSEHOLDS LOST HOMEOWNERS COVERAGE PAST TWO YEARS:
Jun 9 2003 // A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) confirms that non-renewals and premium increases are becoming more common in the current homeowners...
L.A. Agent Charged with Selling Phony Policies
Jun 9 2003 // A licensed agent and owner of First Class Insurance Agency, Robert Franklin, 35, of Los Angeles, was arrested and charged with two felony counts of grand theft. Franklin allegedly sold fraudulent insurance policies to...
Vallejo, Calif. Broker Sold Fraudulent Policies
Jun 9 2003 // A search warrant was served by CDI investigators to former insurance broker Jimmie Earl Jackson, of Vallejo, Calif. Jackson was operating Jaxon Insurance Services in Vallejo. CDI revoked Jackson’s insurance license...
The Ratings Game
Jun 9 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...
Burns & Wilcox Chairman Reflects on Decades of Business
Jun 9 2003 // Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a...
Managing General Agencies: Your Own Benefits Department
Jun 9 2003 // This is the first of an ongoing series on employee benefits. Insurance Journal will increase this series as we attract more advertising from employee benefits suppliers. What information would you like to see regarding...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Execs Talk Future of Industry at 9th Annual ITC Forum
Jun 9 2003 // “Amateur hour is over.” Those were the words of the Sullivan Group president Gerald J. Sullivan, addressing a roomful of industry executives recently at the 9th Annual Insuring the Children Forum....
OKLA. AGENT LOSES LICENSE:
Jun 9 2003 // Oklahoma Insurance Commissioner Carroll Fisher revoked the license of a Bartlesville agent accused of both lying to clients to cover up the fact that he was unable to find coverage for them and taking cash from his...
Burns & Wilcox Chairman Reflects on Decades of Business
Jun 9 2003 // Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a...
Political Efforts, Member Growth Mark Juneau’s Tenure as IIAT President
Jun 9 2003 // The strong likelihood of new tort reform legislation and the addition of 200 new member agencies are the biggest achievements of Andre Juneau’s one-year tenure, the outgoing president of the Independent Insurance...
Dewhurst a Featured Speaker at IIAT’s 106th Annual Convention
Jun 9 2003 // The Independent Insurance Agents of Texas’ annual convention, to be held June 19-21 at the San Antonio Convention Center and Hyatt Regency, will feature two and a half days of continuing education workshops,...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
