Most Popular Agencies Headlines This Year

The most viewed headlines from our Agencies Topic Page over the last year.

#1 Florida Agents Will Soon Need Three Appointments Before Selling Citizens

May 23 2024 // Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp.That’s the mandate laid...

#2 The Future of Insurance Agencies

Mar 18 2024 // There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch....

#3 North Carolina Insurance Agent Charged with Embezzlement

Nov 14 2024 // A North Carolina insurance agent who was penalized by regulators almost 20 years ago has given up her producer license after she was charged with pocketing insurance premiums.Lori Ann Crisp, 56, of Kannapolis, was charged...

#4 Illinois Insurance Agent Sentenced to 7 Years in Prison for Swindling Premiums

Feb 27 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...

#5 Downward Departure: Florida Insurance Agent Charged with Embezzling Premiums After He Was Hit with Lawsuits, Complaint

Sep 2 2024 // Florida authorities in August arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last...

#6 Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly

Jun 13 2024 // A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings.A federal judge on Wednesday sentenced Zach Flaherty, age 47, of...

#7 How California’s Homeowners Insurance Crisis Is Affecting Brokers

Jul 23 2024 // A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on...

#8 Downward Spiral: Florida Insurance Agent Charged with Embezzlement After Lawsuits

Aug 16 2024 // Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last year but...

#9 Former California Insurance Agent Found Guilty of Taking $1.2M from Victims

Mar 28 2024 // Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department...

#10 Another Banner Year Seen by 5 Publicly Traded Insurance Brokers in 2023

Feb 9 2024 // Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown & Brown – reported generally strong revenues in 2023, with annual increases ranging...

#11 Aon Completes $13B Acquisition of Middle-Market Broker NFP

Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP.The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...

#12 Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans

Nov 21 2024 // A Miami insurance agent has pleaded guilty to defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing then using the $6 million for personal gain.Heleonel Gonzalez, known...

#13 Agents Charged in $250 Million Off-Shore Insurance Scheme

Dec 4 2024 // Manhattan District Attorney Alvin Bragg, Jr. announced the indictment of officers of Inter-Insurance Agency Services Ltd. and the firm for their roles in an eight-year scheme in which they allegedly provided more than $250...

#14 Truist Finishes Insurance Subsidiary Sale; Broker Rebrands as TIH, Names All-Star Board

May 7 2024 // Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led...

#15 Illinois Insurance Agent Sentenced 7 Years for Swindling Premiums

Mar 18 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...

#16 Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

Apr 8 2024 // A former Maryland title insurance agent recently pleaded guilty to carrying out a multi-year theft scheme netting her more than $369,000, according to the state attorney general. Cheryl Leigh Gray was a licensed insurance...

#17 A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer

Apr 4 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring...

#18 Beef Between Wholesale and Retail Agents Should Go to Trial, Court Finds

Jul 23 2024 // A federal judge has ruled that a wholesale insurance agent’s claim against a retail agent for allegedly misrepresenting the exposure of an insured regarding violations of the federal telemarketing law should proceed...

#19 Three Charged With Helping Agents Cheat on Florida Insurance License Exams

Jun 28 2024 // Three Miami people, two of them licensed insurance agents, have been charged with operating an unauthorized insurance agent licensing school and taking license examinations in applicants’ place. At least five...

#20 Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023

Jun 27 2024 // Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”).The association’s 2024...