Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Florida on Alert for AOB Abuse as Irma Recovery Begins
Sep 13 2017 // As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse. Florida...
Hub Acquires Insurance Broker Integro’s Canada Unit
Sep 12 2017 // Chicago-based global insurance broker Hub International Ltd. has acquired the Canadian unit of insurance broker Integro Ltd. Terms of the acquisition were not disclosed. Integro Canada is a commercial property/casualty...
Los Angeles Agent Sentenced for Embezzling Over $100K
Sep 11 2017 // Suren Hovhannisyan, a former insurance agent, has been sentenced in Los Angeles County Superior Court to 180 days in jail and five years of formal probation after pleading no contest to three felony counts of Grand...
Insurance Agents & Brokers Announces Directors and Officers Elections
Sep 8 2017 // Membership of the independent insurance agents’ associations in Delaware, Maryland and Pennsylvania recently held elections for volunteer and leadership positions, with terms that began Sept. 1. Larry Wilson of S.T....
New Texas Task Force Formed to Investigate Hurricane-Related Fraud
Sep 8 2017 // Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are...
Re/Insurance Broker BMS Launches Spain-Based BMS Iberia
Sep 6 2017 // BMS Group Ltd., the London-based specialist insurance and reinsurance broker, announced the launch of a new European venture, BMS Iberia. The operation will be spearheaded by recently appointed directors Fernando Claro in...
Hylant Partners with Ohio and Michigan-Based Insurance Agencies
Sep 5 2017 // Hylant, based in Toledo, Ohio, has entered into a strategic partnership with Pinkney-Perry Insurance Agency Inc., one of the oldest and largest minority-owned insurance agencies in Ohio, and Camryn Insurance Service LLC, a...
Ex-Oklahoma Insurance Agent Told to Stop Conducting Insurance Business
Sep 5 2017 // Oklahoma Insurance Commissioner John D. Doak has issued a cease and desist order to a former insurance agent in Cushing. The Oklahoma Insurance Department reported that investigators discovered Mark Lauderdale, whose...
Mehrhoff Named Head of Broker Relations for Beazley’s North Central Region
Sep 5 2017 // Beazley, a provider of specialist insurance, has appointed Andrew Mehrhoff as head of broker relations – north central region. Mehrhoff will be based in the firm’s Chicago offices and will be responsible for...
Missouri’s Independent Brokers Agency Joins CAA
Sep 5 2017 // Combined Agents of America (CAA) is expanding into Missouri with the addition of Independent Brokers Agency as a partner and voting member. CAA is a privately held agency partner group comprised of independent insurance...
People
Sep 4 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader. Eifert will provide executive...
People
Sep 4 2017 // Greenberg Traurig LLP has added insurance regulatory attorney John A. Sebastinelli as shareholder to its policy and insurance regulatory and transactions practices in the firm’s San Francisco, Calif.,...
The Competitive Advantage: Let’s Eradicate Incompetency
Sep 4 2017 // I recently wrote an article describing my horrendous experience purchasing a new life insurance policy. I criticized the industry for employing incompetent people and egregious renewal offers. Several readers rose to...
WSIA: Past, Present and Future
Sep 4 2017 // The wholesale, specialty and surplus lines market is healthy and stable with a bright future. Proof of this can be found in recent quantitative analysis like A.M. Best’s 2017 Special Report on U.S. Surplus Lines, as...
Brokers Bucking Disruption: How Wholesalers Hang On Through Change
Sep 4 2017 // As long as there is an insurance industry, wholesaler brokers believe they will have a role to play. “We will continue to be an important sector – a small sector – but still a very important sector of how...
Judge Throws Out Obama Rule Hiking Overtime Pay
Sep 1 2017 // A federal judge in Texas on Thursday struck down an Obama administration rule that would have extended mandatory overtime pay to more than 4 million U.S. workers, siding with business groups and 21 states that had...
Vermont’s The Richards Group Joins The Northern United Agents Alliance
Aug 29 2017 // The Northern United Agents Alliance (NUAA) has announced that The Richards Group of Brattleboro, Vermont, has joined NUAA along with Davis & Towle Insurance Group of Concord, N.H., and Eaton & Berube Insurance...
Breckenridge Insurance Services Welcomes David Stamatis to Team
Aug 29 2017 // Atlanta, GA, August 29, 2017 — Breckenridge Insurance Services welcomes commercial property and casualty broker David Stamatis, ASLI as vice president. Stamatis will further the geographic office expansion of the team to...
Barbour to Take Over as CEO of Independent Insurance Agents of Georgia
Aug 29 2017 // Independent Insurance Agents of Georgia (IIAG) announced that John Barbour, currently vice president of Governmental Affairs, will serve as its new chief executive officer. Barbour will lead the association beginning Sept....
New Hampshire’s G&A Insurance Joins Northern United Agents Alliance
Aug 28 2017 // The Northern United Agents Alliance (NUAA) of Concord, N.H., has announced that G&A Insurance of Dover, N.H., has joined the NUAA as a participating member. G&A Insurance is a locally-owned, full-service agency...
