Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Olin Joins Specialty Broker Ames & Gough as National Marketing Director

Sep 20 2007 // Ames & Gough, a specialty insurance broker focused on serving architects, engineers, contractors, and law firms, has named Meike Olin as its first national marketing director.In addition to overseeing the publication...

House Approves Terrorism Insurance Backstop Extension

Sep 20 2007 // The House of Representative approved by a vote 312-110 H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA), legislation that extends and revises the federal terrorism insurance backstop for...

Guaranteed Cost Workers Compensation Program for Security Guard & Investigation Agencies

Sep 20 2007 // Now Available from The Mechanic GroupSeptember 20, 2007 – Guaranteed Cost Workers Compensation Program for Security Guard and Investigative Agencies is now available from The Mechanic Group. The Mechanic Group will...

Industry Confident in Terror Reinsurance Renewal Despite White House Veto Threat

Sep 20 2007 // Insurance industry lobbyists are confident there is enough backing in Congress for renewal of the federal terrorism reinsurance program and enough support to override a threatened presidential veto if necessary.The current...

Ohio Casualty Honored by PIA with National Company Award of Excellence

Sep 19 2007 // Ohio Casualty Group, now operating as Ohio Casualty, a regional company within Liberty Mutual Agency Markets, was honored recently with the 2007 National Company Award of Excellence by the National Association of...

Drohan Joins Colemont Brokers in Hartford

Sep 19 2007 // Colemont Insurance Brokers has added Bob Drohan to the company’s Hartford office as assistant vice president and financial services broker. Drohan has 30 years of experience in the insurance industry. Most recently,...

Fla. Insurance Agent Arrested for Allegedly Victimizing Dozens

Sep 19 2007 // Florida Chief Financial Officer Alex Sink announced the arrest of a former insurance agent who allegedly pocketed tens of thousands of dollars in premiums and left dozens of homeowners in Pasco, Hernando and Hillsborough...

S.D. Agent Pleads Guilty to Fraud

Sep 17 2007 // Sioux Falls. S.D. insurance agent Paul Wentzlaff is accused of stealing from two elderly clients and has pleaded guilty to embezzlement and fraud. He could face up to 20 years in prison. Don Srstka, a special assistant...

N.Y. Agent Sentenced to House Arrest Premium Diversion

Sep 14 2007 // The owner of a Tonawanda, New York insurance agency was sentenced on Aug. 29 to two years probation with six months home confinement for diverting $132,000 in customers’ insurance premiums to prop up his failing...

Honolulu Agent’s License Suspended for Misrepresentation, Fraud

Sep 14 2007 // Hawaii Chief Deputy Insurance Commissioner Gordon Ito has filed for the immediate suspension and a notice to revoke the producer license of Mark K. Teruya for misrepresentation, deceptive acts and fraud. Teruya is...

Ala. Agencies Cooperating to Boost Trooper Patrols on Deadly Roads

Sep 13 2007 // The Alabama Department of Transportation and the Alabama Department of Public Safety are cooperating to boost state trooper patrols on roads where there have been a high number of deadly crashes during the past few years,...

GMAC Insurance, Independent Agents Donate $33,500 to Charities

Sep 12 2007 // GMAC Insurance announced today that it will donate a total of $33,500 to 19 charities across the U.S. The contributions will be awarded as prizes in the GMAC Insurance Agency Community Challenge, a program designed to help...

Agents Welcome N.J. Ban on Business Auto Liability ‘Step-Downs’

Sep 11 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability insurance policies and frees agents from a having to...

Inspections Not Enough to Assure Safety of Imports, Bush Told

Sep 11 2007 // The flow of products imported into the U.S. each year is so vast that simply increasing inspections would not adequately improve safety. Instead, the government should do more to ensure products are safe before they reach...

Crump Adds Tuley as P/C Broker in Houston Office

Sep 10 2007 // Crump Insurance Services Inc. has added David Tuley as a property/casualty broker in its Houston office, the company announced. In addition to property and general liability risks, Tuley will work on excess and umbrella...

W. Va. Insurance Agent Sentenced on Fraud Charges

Sep 7 2007 // A Harrison County, W. Va.court sentenced an insurance agent earlier this week for forging insurance documents for customers and keeping the money they paid for their premiums. Frank Crowder Jr., 47, of Morgantown, W. Va.,...

N.Y. Agents Group Names Rubin, Weiner to Board

Sep 7 2007 // The Independent Insurance Agents & Brokers of New York, Inc. recently made new appointments to its board of directors.IIABNY approved Lane S. Rubin, managing member of Excel Coverage Group, LLC in Westbury, as...

11 N.J. Public Officials Caught in Feds’ Insurance Brokerage Bribery Net

Sep 6 2007 // Federal agents arrested and charged 11 New Jersey local public officials with taking bribes in exchange for giving public contracts to an insurance brokerage set up by investigators.The public corruption investigation —...

Industry Skeptical, While Treasury Opposes, Natural Disaster Pool

Sep 6 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from...

Judge Throws Out All Federal Antitrust Charges Against Insurers, Brokers

Sep 6 2007 // Finding the charges lack any factual support, a federal judge has dismissed a big antitrust conspiracy case that was lodged against large commercial insurance brokers and insurers back in 2004 when bid rigging and account...