Insurance Journal

OCTOBER 2, 2024

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …

Agents 290

Agents Commercial Underwriting Underwriter 290

Insurance Journal

JULY 18, 2024

Then he threatened three insurance agents with violence when he wasn’t paid as much as he expected, according to state authorities and one of the insurance agents. First, a North Carolina man filed a claim with Farm Bureau Insurance. Brody …

Insurance Agents 264

Insurance Agents Insurance Agent Agents Claim 264

Insurance Journal

JULY 22, 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 to trial. In a case with origins back …

Agents 264

Agents Insurance Agents Insurance Agent Claim 264

Insurance Journal

FEBRUARY 11, 2025

A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department of Insurance said that Matthew …

Life Insurance 246

Life Insurance Insurance Agents Insurance Agent Insurance Policy 246

Insurance Journal

DECEMBER 26, 2024

Florida’s Department of Financial Services has posted its enforcement actions for much of the last half of 2024, listing 12 insurance agents and 43 adjusters who were penalized, suspended, or had their licenses revoked or voluntarily surrendered them. From June …

Agents 264

Agents License Insurance Agents Insurance Agent 264

Insurance Journal

JULY 25, 2024

Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions than in 2023. The recent Nationwide Economic Impact Survey Report: Independent Insurance Agents …

Agents 279

Agents Insurance Agents Insurance Agent Insurer 279

Insurance Journal

NOVEMBER 13, 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 with forgery, embezzlement and …

Insurance Agents 246

Insurance Agents Insurance Agent Agents License 246

Insurance Journal

AUGUST 27, 2024

on a technology integration partnership they said will speed up Goosehead agents’ ability to sell Root insurance products. parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. “Root and Goosehead identified …

Agents 264

Agents Insurance Agency Insurance Companies Insurer 264

Insurance Journal

OCTOBER 11, 2024

Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood and auto damage. The Florida …

Damage 289

Damage Agents Claim Policyholder 289

Insurance Journal

NOVEMBER 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 as Leo, is set for sentencing in February, …

Insurance Agents 264

Insurance Agents Insurance Agent Premium Agents 264

Insurance Journal

NOVEMBER 4, 2024

Renaissance acquired the agency network business of United Agents of Arizona. The transaction follows the network’s 2023 acquisition of Agency Partners Inc., which brought 54 new agencies in Alabama and Georgia into the fold. Renaissance is a network of independent …

Agents 242

Agents 242

Insurance Journal

JANUARY 7, 2025

Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated Insurance Agents Inc. CIA), an agency network based in Buffalo, New York. Renaissance said CIA’s 23 members collectively represent $47 million in premium and …

Insurance Agents 245

Insurance Agents Insurance Agent Agents Premium 245

Insurance Journal

OCTOBER 30, 2024

Being an insurance agent isn’t just about selling policies; it requires a combination of knowledge, dedication, and skills that help you succeed in a highly competitive industry. This post is part of a series sponsored by Darkhorse Insurance. Whether you’re …

Insurance Agents 243

Insurance Agents Insurance Agent Agents Insurer 243

Insurance Journal

NOVEMBER 20, 2024

Ever wonder how some insurance agents seem to glide through potential pitfalls without breaking a sweat? This post is part of a series sponsored by Darkhorse Insurance. It’s not just about luck; it’s about having the right coverage. Errors and …

Insurance Agents 246

Insurance Agents Insurance Agent Agents Insurer 246

Insurance Journal

AUGUST 7, 2024

In the insurance industry, managing general agents (MGAs), managing general underwriters (MGUs), and program administrators (PAs) fill a critical role in facilitating the distribution and administration of specialized insurance products. This post is part of a series sponsored by Dyad.

Underwriter 245

Underwriter Underwriting Agents Insurance Industry 245

Insurance Journal

SEPTEMBER 24, 2024

The National Association of Professional Insurance Agents (PIA) named Michael Skiados as CEO following an extensive search process. He will join the organization on October 15. “Mike’s ability to transform the member experience, combined with his operational expertise, will create …

Agents 203

Agents Insurance Agents Insurance Agent Insurer 203

Insurance Journal

SEPTEMBER 1, 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 year but who also was facing a …

Insurance Agents 243

Insurance Agents Insurance Agent Premium Agents 243

Insurance Journal

JANUARY 29, 2025

Patel Named Chair of Canopius Managing Agents, Succeeding Meader Canopius Group, the global specialty re/insurer, … This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. A summary of these new hires follows here.

Broker-Agent 231

Broker-Agent Agents Broker Insurer 231

Insurance Journal

NOVEMBER 7, 2024

ORANGE, CA, November 6, 2024 – CITA Insurance Services and Ascot Insurance Company (Ascot) have partnered to deliver a new real estate agents and brokers error & omissions (E&O) program nationwide. This admitted insurance product was designed to provide professional …

Broker-Agent 243

Broker-Agent Insurance Companies Broker Agents 243

Insurance Journal

FEBRUARY 9, 2025

If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its personal point of contact …

Agents 189

Agents Casualty Insurance Insurance Industry Insurer 189

Property Insurance Coverage Law

SEPTEMBER 4, 2024

The duties of an insurance agent to the policyholder will differ depending on state law. Yesterday’s post about a Michigan coverage case, Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement, noted that there was also an issue with insurance agent negligence.

Policyholder 198

Policyholder Insurance Agents Insurance Agent Agents 198

Property Insurance Coverage Law

OCTOBER 30, 2024

Federal courts are creating an almost impossible barrier for policyholders trying to hold their insurance agents accountable for negligence involving National Flood Insurance Program (NFIP) policies.

Insurance Agents 201

Insurance Agents Insurance Agent Agents Policy 201

Insurance Journal

FEBRUARY 19, 2025

A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need life insurance policies, commonly known as burial …

Theft 147

Theft Insurance Agents Insurance Agent Agents 147

Redbird Agents

FEBRUARY 3, 2025

Final expense insurance is one of the most lucrative life insurance markets for independent agents, offering high commission payouts, fast approvals, and steady client demand. This guide will break down the average final expense commission rates, factors that impact earnings, and what you can expect as a new agent.

Agents 130

Agents Premium Policy Life Insurance 130

Insurance Journal

OCTOBER 20, 2024

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …

Commercial 162

Commercial Commercial Insurance Agents Underwriting 162

Insurance Journal

FEBRUARY 12, 2025

The insurance industry is evolving rapidly in 2025, making it the perfect time to learn how to become an independent insurance agent. Agents should embrace flexibility and autonomy due … This post is part of a series sponsored by Darkhorse Insurance.

Insurance Agents 147

Insurance Agents Insurance Agent Agents Insurance Industry 147

Insurance Journal

DECEMBER 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 million in coverage to clients while …

Agents 264

Agents Insurance Agency Insurer Insured 264

Insurance Journal

OCTOBER 20, 2024

As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette.

Insurance Agents 279

Insurance Agents Insurance Agent Agents Claim 279

Insurance Journal

OCTOBER 10, 2024

A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …

Theft 264

Theft Agents Premium Insurance Broker 264

Insurance Journal

DECEMBER 29, 2024

Customs and Border Protection agency said it has seized more than 20,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia. Customs officers found the stickers in two different shipments that arrived …

Agents 261

Agents Protection 261

Property Insurance Coverage Law

DECEMBER 30, 2024

The insurance contracts are not even provided to the policyholder until after the product is purchased.

Insurance Agents 189

Insurance Agents Insurance Agent Policy Agents 189

Insurance Journal

DECEMBER 12, 2024

Carriers are on the hunt for quality agencies to make new appointments, according to a new report, which also found that the top way they’re finding them is at industry tradeshows and events. While face-to-face connectivity still works to corral …

Agents 246

Agents Insurer Insured Insurance 246

Insurance Journal

FEBRUARY 5, 2025

An independent insurance agent represents multiple insurance carriers, offering a diverse array of policies to meet the distinct needs of their clients. This post is part of a series sponsored by Darkhorse Insurance. The freedom to choose from various carriers …

Insurance Agents 130

Insurance Agents Insurance Agent Agents Insurance Carrier 130

Insurance Journal

DECEMBER 29, 2024

Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts. “It’s truly become an arms race,” said Shane …

Claim 278

Claim Agents 278

Insurance Journal

SEPTEMBER 5, 2024

First Connect Insurance Services and Root Insurance said they are partnering to off API-powered quote and bind capabilities to independent agents. First Connect, a subsidiary of insurtech Hippo, is a digital platform designed to provide independent agents access to some …

Agents 264

Agents Insurer Insured Insurance 264

Insurance Journal

JANUARY 22, 2025

Specialty wholesaler Flow Specialty said its artificial intelligence model has passed the Registered Professional Liability Underwriter (RPLU) exams for cyber, errors & omissions, and executive liability modules. “For far too long, the middle market segment of specialty business has been …

Agents 188

Agents Cyber Liability Underwriting 188

Insurance Journal

AUGUST 4, 2024

Whether they own their own agency or not, an insurance producer is essentially an independent businessperson. Because a producer’s income, as someone whose primary income is based on commissions, is largely up to the producer. This may be obvious, …

Agents 237

Agents Insurer Insured Insurance 237