premium finance News

Premium Finance Firm National Partners to be Acquired by Digital Lender WebBank

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 …

Hanes Named Sales Director at National Partners in Chicago

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 …

Former Flatiron, Cantor Fitzgerald Execs Launch Premium Financing Firm

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 …

Texas-Based Premium Finance Group to Be Sold to South Dakota’s MetaBank

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. …

Fowler Named President of Premium Finance Firms

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 …

Maryland Automobile Insurance Fund Launches Installment Payment Program

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, …

IPFS Corporation Launches Mobile Website: www.ipfs.com

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 …

Former Arkansas Agency Owner, Standridge, Pleads Not Guilty in Fraud Cases

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 …