All the headlines from our Agencies Topic Page, ordered by recency.
Dec 13 2011 // Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds.The U.S. Securities...
Dec 13 2011 // The broker/specialty markets division at Church Mutual Insurance Co. has expanded opportunities for brokers and agents with experience in the senior living market. Specifically, the insurer is looking to add producers in...
Dec 12 2011 // After five years of litigation, an Iowa insurance agent will pay $835,000 to settle allegations that he filed false federal crop insurance claims.The Justice Department announced the settlement with Russell Hawley of Vail,...
Dec 12 2011 // When agency owners think of perpetuation planning, they often think only of the financial aspect: Selling their agencies. In some circles, among some advisors, perpetuation planning is really another term for acquisitions....
Dec 12 2011 // Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela...
Dec 11 2011 // Beginning early next year, independent insurance agents will be able to tap into an online resource designed to connect them with the more than 65 percent of market share in personal lines they are currently missing.The...
Dec 8 2011 // Transwestern General Agency Inc. in Salt Lake City, Utah has been acquired by Arthur J. Gallagher & Co. Terms of the transaction were not disclosed.Founded in 1945, Transwestern is a managing general agent and...
Dec 8 2011 // Professional Program Insurance Brokerage (PPIB) has set up a national program for yoga-related businesses. The product covers yoga practices, teachers and practicing students.A variety of coverages are available through...
Dec 7 2011 // Property/casualty insurers lost 900 jobs overall in October, according to latest government data. But insurers in other segments did better. Life insurer employment was up by 1,400. Employment at medical expense insurers...
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) added six new member agencies in the East region in November. The new member agencies are: The Highbeam Group of Cherry Hill, N.J.; Geraci Agency of Clinton Corners, N.Y.; ENV...
Dec 7 2011 // Privately owned insurance brokerage firm Hylant Group, headquartered in Toledo, Ohio, has added Lynn Ambrose to its executive risk practice. Based in Hylant’s Chicago office, Ambrose will be primarily responsible for...
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) in November added two new member insurance agencies from South Central states. Nationally, the group added 35 members last month.The two new agencies are: Partners Premier...
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) in November added five new member insurance agencies located in the Midwest. Nationally, the group added 35 members last month.New agency members in the Midwest are: Epic...
Dec 7 2011 // Independent agents in Florida are concerned that an appointment contract offered by a Florida homeowners insurer that recently assumed thousands of policies from another company could result in a loss of those...
Dec 6 2011 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that Minnesota-based workers’ compensation insurer, SFM, is the newest member of the Trusted Choice consumer...
Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...
Dec 5 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty...
Dec 5 2011 // If the National Association of Insurance Commissioners (NAIC) has its way, agents should see some relief from the impact of the Medical Loss Ratio (MLR) provision of the Patient Protection and Affordable Care Act.The NAIC...
Dec 5 2011 // When agency owners think of perpetuation planning, they often think only of the financial aspect: Selling their agencies. In some circles, among some advisors, perpetuation planning is really another term for acquisitions....
Dec 5 2011 // A former Minot, N.D., insurance agent has pleaded guilty to mail and wire fraud charges in federal court. Court documents indicate Alan Henning embezzled nearly $1.2 million between 2005 and 2010 from his employer, West...