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North Carolina Insurance Agent Charged with Embezzlement

Insurance Journal

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 …

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4 Things You Should Know about E&O Insurance for Insurance Agents

Insurance Journal

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

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

Insurance Journal

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, …

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Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland

Insurance Journal

Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the catastrophic damage brought so far inland by Hurricane Helene, which dumped 14 inches of rain on the picturesque community and …

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CITA Insurance Services and Ascot Insurance Company announce nationwide real estate agents and brokers errors & omissions program

Insurance Journal

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 …

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Agent Satisfaction With Insurers Holds Strong; Erie Tops for Personal Lines

Insurance Journal

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 …

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Downward Spiral: Florida Insurance Agent Charged with Embezzlement After Lawsuits

Insurance Journal

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 who also was facing a negligence …