A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …
Premium finance companies are permitted to extend due dates for premiums and other charges in the wake of tornadoes that ripped through the state in December, the Kentucky insurance commissioner announced. Finance companies should also refrain from cancelling agreements since …
Salt Lake City-based digital lender WebBank has agreed to acquire Denver-based National Partners, a national insurance premium finance company and subsidiary of MLF Financial Group. This is the first foray into insurance premium finance for WebBank, a national issuer of …
National Partners, a new premium finance company, has named industry veteran Anthony Hanes managing director of sales. He is based in National Partners’ Chicago office. Hanes has 15 years of experience in the premium finance industry and developing strong, profitable …
Denver-based National Partners, a new premium finance company, said that it will open for business and begin processing loans on July 2. Since its formation in July 2016, NP has been building out its software system and securing the state …
Cecil Y. Ray Jr., chairman of AFS/IBEX and former chairman of The Rigg Group, has announced the sale of substantially all of the loan portfolio and related assets of Dallas-based AFS/IBEX Financial Services Inc. – including AFS/IBEX Financial Services Inc. …
Richard E. Fowler has been named president and chief executive officer of AFCO, CAFO and Prime Rate Premium Finance Companies. Fowler succeeds the late Daryl Zupan, who passed away on Oct. 12. Fowler had previously been executive vice president and …
The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — said its Installment Payment Plan went online on Oct. 1. This new option, which was passed and signed into law earlier this year, …
Kansas City, MO, 9/12/13 – Imperial PFS Corporation (www.ipfs.com), a leading independent provider of insurance premium financing, is pleased to announce the launch of its Imperial PFS Connect, a Mobile Website. Imperial PFS is one of the first premium financing …
A Mount Ida, Ark., man who operated several insurance agencies across the state has pleaded not guilty to federal fraud charges. Steven Alan Standridge entered the pleas Sept. 18 in federal court. He was indicted in August on charges of …
