All the headlines from our Agencies Topic Page, ordered by recency.
Jul 16 2014 // Florida’s Heritage Insurance Holdings Inc. said it has it assumed approximately $59 million in annualized premium from the insolvent Sunshine State Insurance Co. Effective June 27, 2014, the policies were assumed by...
Jul 16 2014 // Since the disappointing pricing at the 1.1. renewal the bad news on reinsurance pricing has kept on coming. April, June and July renewals were all reported as materially down by the major brokers.S&P adopted a...
Jul 16 2014 // KENNESAW, Ga., July 16, 2014 — Breckenridge Insurance Services, the wholesale commercial brokerage division of Breckenridge Insurance Group, has named Michael J. Foley as area president to head up West Coast brokerage...
Jul 15 2014 // A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud, the Iowa Insurance Division announced.Melissa Ilene Williams, of Dike, Iowa, also was ordered to pay restitution for...
Jul 15 2014 // USG Insurance Services Inc. added Perry Chang as producer/broker in its Irvine, Calif. office. Chang most recently held the position of broker at Scottish American. Past positions include vice president of sales at Artisan...
Jul 11 2014 // Insurance Technologies Corporation (ITC), a provider of marketing, rating and management software and services, has expanded its comparative rating system TurboRater with its release of automated insurance rating...
Jul 11 2014 // An Eastman, Georgia, insurance agent has been charged with insurance fraud and forgery in connection with homeowners and crop insurance policies she sold in the middle Georgia.Officials said warrants have been issued for...
Jul 10 2014 // Texas-based The Woodlands Financial Group (TWFG) honored the top branch offices and agents from across the network of more than 300 insurance agencies affiliated under the TWFG Insurance Services umbrella with awards.The...
Jul 10 2014 // Hammond, LA, 7/10/14– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, continues its expansion by...
Jul 10 2014 // A U.S. judge threw out a lawsuit against the Financial Industry Regulatory Authority (FINRA) by a former broker who alleged that disclosures on the regulator’s public database violated his privacy rights.The former...
Jul 9 2014 // A reduction in the fee insurance companies pay to “appoint” insurance agents is expected to result in $11.3 million in reduced annual costs, Lieutenant Governor and Department of Insurance Director Mary Taylor...
Jul 9 2014 // Aspen U.S. Insurance said George Kotsiopoulos has joined as vice president, Broker Relationship leader. Kotsiopoulos joins Aspen U.S. Insurance with underwriting and distribution experience from previous positions at...
Jul 9 2014 // Hub International Limited announced that it has acquired the shares of Gibson’s Insurance Agency Ltd., a Manitoba Canada-based insurance brokerage. Terms of the acquisition were not disclosed.The announcement said...
Jul 7 2014 // A father-daughter team were awarded some of the highest honors bestowed upon independent agents in Texas at the Independent Insurance Agents of Texas annual conference and trade show, held recently in San Antonio.Kelly...
Jul 7 2014 // Ridesharing services are becoming increasingly popular among consumers looking for a more convenient alternative to taxis or other forms of public transportation, and startup ridesharing companies have been cropping up...
Jul 7 2014 // Agency ownership of its expirations is core to agency culture, core to the agency’s value, and core to the owners’ livelihoods. Yet today, the ownership and even more important, the value of the expirations, is...
Jul 7 2014 // Ratings, and rating agencies, occupy a contradictory place in many markets – not least in commercial lines insurance and reinsurance.They are very heavily relied on by both buyers and brokers, yet subject to a great deal...
Jul 7 2014 // John Monreal, 45, of Santa Clarita, Calif. was arrested on May 30 by Los Angeles County Sheriff’s Department deputies on 11 felony counts of embezzlement and insurance code violations after he allegedly duped...
Jul 3 2014 // Cooper Gay Swett & Crawford (CGSC), the independent global wholesale and reinsurance broker, announced plans to expand its Swett & Crawford wholesale brokerage business into the Latin American market.The growth...
Jul 2 2014 // Reinsurance prices fell by as much as 25 percent in key markets mid-year as pension funds poured in money and demand for cover from insurance companies remained subdued, brokers said on Tuesday.Reinsurers have been...