All the headlines from our Agencies Topic Page, ordered by recency.
Dec 24 2013 // Some insurance professionals and agencies have been known to fall behind on the paperwork required for licensing and, in some cases, not even know what licenses they have in effect at any given time.It’s...
Dec 19 2013 // Former insurance agent Eugene Shy-Ren Hsu, 31, of West Covina, Calif., was arrested by Department of Insurance officers and charged with multiple felony counts.The charges include grand theft, forgery, and identity theft...
Dec 19 2013 // The National Association of Professional Insurance Agents (PIA) and its agency-company council, The PIA Partnership, have designed a new tool to help independent insurance agenciesgrow and increase profits.“Closing...
Dec 19 2013 // The industry should place its highest priority on “getting additional carriers to offer real-time capabilities,” according to a survey of insurance agency and brokerage professionals in the United States and...
Dec 19 2013 // Agency managers tend to have a rosier view of agency operations than their employees do, according to a survey that also suggests this gap could present errors and omissions (E&O) implications.The survey reveals that...
Dec 16 2013 // A former New Jersey insurance broker who misappropriated more than $660,000 in premiums owed to insurers has been sentenced to five years in state prison.Brian Mohen and his wife, Lisa Stanko-Mohen, were also ordered last...
Dec 16 2013 // A former West Virginia insurance agent has admitted to his role in an arson scheme in Logan, according to a federal prosecutor.U.S. Attorney Booth Goodwin said 44-year-old William Janey Thompson pleaded guilty to wire...
Dec 16 2013 // Glenn RenwickThe Progressive Corp., based in Mayfield Village, Ohio, named Chief Executive Officer Glenn Renwick as chairman of its board of directors following the death of the company’s previous chairman, Peter B....
Dec 16 2013 // The Independent Insurance Agents & Brokers of America (Big “I”) conducts numerous charitable activities throughout the year. At the national association level, one of the primary charitable initiatives has...
Dec 16 2013 // Revenue and earnings growth for U.S. insurance brokers in 2014 is expected to improve modestly over 2013, according to a report by Fitch Ratings.Fitch, which issued a stable rating outlook and positive sector outlook for...
Dec 16 2013 // In addition to giving back with volunteerism, one of the key financial goals of employee-owned IMA is to contribute a portion of the company’s profits annually to the IMA Foundation.The IMA Foundation historically...
Dec 13 2013 // Jimcor Agencies announced the appointment of Christopher Hudson to the position of brokerage specialist. Hudson brings more than 13 years of experience in the industry. Previously Hudson has worked with carriers, managing...
Dec 13 2013 // Insurers, agents, brokers and state regulators welcome modernization and improvements in the current regulation of insurance, but are not so welcoming of changes that might invite regulation by the federal government.The...
Dec 13 2013 // The senior citizen organization American Association of Retired Persons (AARP) has chosen Boston-based Plymouth Rock Assurance and its affiliated Bunker Hill Insurance to issue auto and home insurance products for AARP...
Dec 13 2013 // An insurance brokerage owner has admitted to helping a longtime Jewish community leader steal more than $7 million from a prominent New York City charity has pleaded guilty to chargesThe New York Times says Joseph Ross...
Dec 12 2013 // After nearly two years of delay, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) today released its report on how to modernize and improve the system of insurance regulation in the United...
Dec 12 2013 // Property/casualty agent Rodger Edward Winkler, 64, a was arrested by Shasta County District Attorney investigators in Northern California and charged with numerous felonies, including grand theft, insurance fraud and petty...
Dec 12 2013 // Konen Insurance of Aurora, Ill., and Dasco Insurance Agency of Northbrook are now partners in Keystone Insurers Group.The addition of the two agencies increases to four the number of Keystone partners in the state since...
Dec 11 2013 // Most economists are upbeat about next year, but just what does that mean for insurance agents in 2014?For independent agents 2013 was a year in which one entity forecasted their eventual demise, and for the rest of the...
Dec 11 2013 // Florida insurance agencies and agents have just a few days left to decide whether or not to agree to the state-backed property insurer’s new appointment guidelines.Citizens Property Insurance Corp. revamped its agent...