Insurance Journal

FEBRUARY 27, 2025

Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. With headquarters in Boston, Expert Insured also has …

Agents 210

Agents Insurer Insurance Insured 210

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 Underwriter Underwriting 290

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 Agent 246

Insurance Agent Insurance Agents Agents License 246

Insurance Journal

MARCH 27, 2025

Bank personal loans for up to $50,000 working directly with their insurance agent. In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S. The new offering joins the existing suite …

Insurance Agent 241

Insurance Agent Insurance Agents Agents Insurer 241

Insurance Journal

FEBRUARY 5, 2025

A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. Edward Hadley was charged with nine counts of first-degree theft following investigations by the Washington …

Premium 263

Premium Insurance Agent Insurance Agents Agents 263

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 Agent 264

Insurance Agent Insurance Agents Premium Agents 264

Final Expense Brokerage

JANUARY 29, 2025

Jan 29, 2024 3:23:31 PM Contact Us Share: Final expense insurance is a niche that offers tremendous potential for agents looking to serve seniors and their families. However, for those just starting outor even those whove been in the game for a whilenavigating the complex world of final expense insurance can feel overwhelming.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Building 130

Insurance Journal

APRIL 14, 2025

A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of lower “grandfathered” flood insurance coverage.

Insurance Policy 219

Insurance Policy Agents Policy Insurer 219

Insurance Journal

NOVEMBER 20, 2024

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 …

Insurance Agent 246

Insurance Agent Insurance Agents Agents Insurer 246

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 Agent 244

Insurance Agent Insurance Agents Agents Premium 244

Insurance Journal

SEPTEMBER 9, 2024

Catalyit, an insurance technology hub for independent insurance agents, is partnering with the Independent Insurance Agents & Brokers of America, Inc. the Big “I”) to support independent insurance agents in selecting, implementing and optimizing the right technologies for their agencies.

Agents 264

Agents Broker-Agent Insurance Agent Insurance Agents 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 234

Life Insurance Insurance Agent Insurance Agents Insurance Policy 234

PSM Brokerage

MARCH 24, 2025

What This Means for Agents: No Change to Current SEP Processes Agents can continue submitting applications for the Disaster/Emergency SEP directly with plans. Until then, agents should continue following existing procedures. Medicare Agent resources However, this requirement will no longer be implemented.

Agents 97

Agents Policy Insurance Agent Insurance Agents 97

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 Agent Insurance Agents Claim 264

Property Insurance Coverage Law

MARCH 9, 2025

I often wonder if insurance agents read the insurance policies they provide to their clients before selling the product. Why do insurance agents sell policies with clauses that require disputes to be in faraway places? appeared first on Property Insurance Coverage Law Blog.

Agents 100

Agents Insurance Agent Insurance Agents Policy 100

Insurance Journal

OCTOBER 30, 2024

This post is part of a series sponsored by Darkhorse Insurance. 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. Whether you’re …

Insurance Agent 241

Insurance Agent Insurance Agents Agents Insurer 241

Insurance Journal

MARCH 20, 2025

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is once again looking for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us …

Insurance Agent 187

Insurance Agent Insurance Agents Agents Insurer 187

Insurance Journal

AUGUST 27, 2024

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

Agents 264

Agents Insurance Agency Insurance Companies Insurer 264

Insurance Journal

FEBRUARY 25, 2025

Insurance agents in Florida and beyond are finding that some of their toughest competition now seems to be coming from firms that aren’t really insurance agencies at all at least not in the historical sense of the word. “They’re …

Agents 243

Agents Insurance Agent Insurance Agents Insurance Agency 243

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 Agent Insurance Agents 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 Agent Insurance Agents Insurer 279

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 241

Broker-Agent Insurance Companies Broker Agents 241

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

PSM Brokerage

FEBRUARY 14, 2025

Introduction: Hiring the right licensed-only agents (LOAs) is a critical step in scaling your agency or call center. Whether you're looking to expand your Medicare, ACA, Life Insurance, or Ancillary product offerings, finding top-tier agents can help you increase sales and streamline operations. or "Message us to learn more."

License 89

License Agents Insurance Agent Insurance Agents 89

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 244

Underwriter Underwriting Agents Insurance Industry 244

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 Agent 241

Insurance Agent Insurance Agents Premium Agents 241

Insurance Journal

APRIL 14, 2025

Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …

Life Insurance 296

Life Insurance Insurance Agent Insurance Agents Insurance Policy 296

Insurance Journal

MARCH 5, 2025

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

Insurance Industry 263

Insurance Industry Property Insurance Insurer Insurance 263

Insurance Journal

DECEMBER 4, 2024

announced the indictment of officers of Inter-Insurance Agency Services Ltd. Manhattan District Attorney Alvin Bragg, Jr. 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 Insurance 264

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 Agent 203

Insurance Agent Insurance Agents Agents Policy 203

Insurance Journal

MARCH 19, 2025

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

Insurance Carrier 262

Insurance Carrier Insurer Insurance Insured 262

PSM Brokerage

JANUARY 27, 2025

At PSM Brokerage, we are more than just a resource for insurance agentswere your partner in success. With a diverse product portfolio and a suite of powerful agent programs and services, we provide everything you need to grow your business, serve your clients, and reach your goals.

Agents 104

Agents Insurance Agent Insurance Agents Building 104

Insurance Journal

FEBRUARY 4, 2025

The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a cornerstone for many of these operations. An AM Best survey of its …

Underwriter 272

Underwriter Underwriting Insurance Industry Insurer 272

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

MARCH 27, 2025

The Florida House subcommittee on insurance advanced two hotly debated bills Thursday, one supported by insurance agents but another that was opposed by agents and carriers alike. And another subcommittee voted to repeal the auto insurance personal injury protection law …

Auto Insurance 246

Auto Insurance Insurance Agent Insurance Agents Injury 246

Insurance Journal

FEBRUARY 28, 2025

Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities.

Underwriter 232

Underwriter Underwriting Liability Agents 232

Insurance Journal

MARCH 23, 2025

the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative … SiriusPoint Ltd.,

Broker 192

Broker Broker-Agent Insurance Broker Agents 192