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

MARCH 27, 2025

A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …

Insurance Broker 237

Insurance Broker Premium Broker Insurer 237

Insurance Journal

JANUARY 7, 2025

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

Insurance Agents 245

Insurance Agents Insurance Agent Agents Premium 245

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. The Key to Success: Quality Leads One of the most common struggles insurance agents face is finding high-quality leads.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Building 130

Insurance Journal

JULY 14, 2024

By Chad Hemenway 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 Market Share Report said independent agents have …

Broker-Agent 264

Broker-Agent Premium Casualty Insurance Agents 264

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

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

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 191

Theft Insurance Agents Insurance Agent Agents 191

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

American Agents Alliance

APRIL 3, 2025

Read more to understand this relationship and how agents can help policyholders manage this uncertainty. Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Here are some ways agents can help: Educate policyholders about costs and rising premiums.

Agents 52

Agents Policyholder Premium Auto Insurance 52

Friendly Agent

SEPTEMBER 21, 2020

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. When you think you would be able to find valuable satisfaction in life when you help protect the security and well-being of people dear to you, the career as an insurance agent is very fulfilling. Here we go.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Insurance Journal

MARCH 20, 2025

A grand jury for Baltimore County has handed down an indictment charging Michael C. Okolo, of Parkville, Maryland, with theft of property valued at $100,000 or more. This is the third time since September 2024 that Okolo has been indicted …

Insurance Agents 200

Insurance Agents Insurance Agent Theft Agents 200

Insurance Journal

MARCH 24, 2025

Amid an uproar over reports that Florida property insurance companies had shifted profits to affiliated firms while rates rose and carriers slid into insolvency a half-decade ago, former Florida Insurance Commissioner Kevin McCarty weighed in on the controversy. A consultant’s …

Premium 173

Premium Property Insurance Insurance Companies Insurer 173

Final Expense Brokerage

MAY 15, 2024

May 15, 2024 11:34:08 AM Contact Us Uncover the secrets behind insurance agent commissions and learn how to maximize your earnings in this competitive field. Share: Exploring the Basics of Insurance Agent Commissions Insurance agent commissions are part of the reasons people are interested in becoming agents.

Insurance Agents 100

Insurance Agents Insurance Agent Agents Insurer 100

PSM Brokerage

JANUARY 22, 2025

As an agent, broker, or web-broker, you are tasked with connecting individuals and families with the health insurance they need, all while adhering to strict compliance guidelines. Fair Competition: Compliance creates a level playing field for agents and brokers. Do: Clearly state premium costs, deductibles, and coverage benefits.

Agents 52

Agents Broker-Agent Broker Out-Of-Pocket 52

Redbird Agents

JULY 10, 2024

This is for existing P&C insurance agents who want to learn how to get started selling life insurance. Your unique advantage is that you bring a client base to the table; one that knows you (or one of your agents or CSRs) and is loyal. Prospect, this is (Agent Name) from (XYZ Agency Name). Did I catch you at a bad time?

Life Insurance 130

Life Insurance Agents Insurer Insurance 130

Final Expense Brokerage

NOVEMBER 30, 2024

When discussing final expense insurance with clients, agents often encounter misconceptions that can prevent clients from seeing the value of these policies. This blog breaks down common myths and misconceptions surrounding final expense insurance, offering agents clear strategies and examples to educate and reassure clients.

Agents 130

Agents Out-Of-Pocket Life Insurance Insurer 130

PSM Brokerage

JANUARY 10, 2025

These plans are affordable, straightforward, and a valuable addition to any insurance agent's portfolio. Recurring Revenue: Final Expense Insurance policies provide agents with consistent commissions, creating a stable income stream. The Need for Final Expense Insurance Rising Funeral Costs: The average funeral in the U.S.

Life Insurance 105

Life Insurance Agents Insurer Insurance 105

Insurance Journal

FEBRUARY 23, 2025

Restaurants Market Detail: Pacific Excess Insurance Marketing is a wholesaler/general agent with a specialty in restaurants and access to many standard, surplus lines and workers’ compensation markets. Highlights of Pacific Excess’s offerings include higher commissions; fast quotes; no premium volume …

Premium 147

Premium Compensation Agents Insurer 147

Insurance Journal

NOVEMBER 17, 2024

As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some of the most prevalent trends include: • Weather-related …

Underwriter 130

Underwriter Underwriting Broker-Agent Deductible 130

Final Expense Brokerage

NOVEMBER 30, 2024

In final expense insurance, agents often deal with sensitive questions that touch on the client’s financial worries, family security, and end-of-life concerns. The Concern: When clients bring up the cost of final expense insurance, it’s often rooted in the worry of affording premiums on a fixed income. Why is it so expensive?”

Agents 130

Agents Life Insurance Policy Insurer 130

PSM Brokerage

AUGUST 7, 2024

Preliminary average Part D premiums will be released later this summer, with the finalized 2025 landscape available in mid-to-late September. The base beneficiary premium for 2025 will be $36.78, an increase of $2.08 Inflation Reduction Act Agent Resource Page Newest Blog Posts | All Blog Posts For agent use only.

Premium 69

Premium Out-Of-Pocket Agents Risk 69

PSM Brokerage

JANUARY 23, 2025

For agents, this means there is a consistent and growing pool of potential clients who value the comprehensive coverage and flexibility that Medicare supplements provide. Stability: Once enrolled, clients can keep their plans as long as they continue to pay premiums. Medicare Agent Resources

Out-Of-Pocket 77

Out-Of-Pocket Agents Life Insurance Policy 77

Agency Intelligence

OCTOBER 14, 2022

Insurance premium financing is an ideal solution for insurance providers, agents, and brokers looking to provide the best possible service to their insureds. What is business insurance premium financing? What is business insurance premium financing? Business insurance premium financing […]

Commercial Insurance 52

Commercial Insurance Premium Commercial Broker-Agent 52

Redbird Agents

JULY 12, 2024

Presenting hospital indemnity with every Medical insurance sale is a choice every agent has and most choose not to. How can you not give 100% when it’s 100% your choice” – Jerry Rice Table of Contents Why agents fall short and 1,2,3,4,5 spoiler alert. Why do agents fall short cross selling hospital indemnity?

Insurer 130

Insurer Insurance Insured Premium 130

InsuredMine

JANUARY 16, 2025

Lets explore the top five metrics every insurance agent should monitor for smarter decision-making! Key indicators include the total number of policies sold, premium revenue generated, and average policy value.

Insurance Agents 98

Insurance Agents Insurance Agent Agents Policy 98

Redbird Agents

SEPTEMBER 13, 2024

Buyers are more likely to pay a premium for an agency that has multiple revenue streams. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements. This post first appeared at Guide to Preparing Your Medicare Book of Business for Sale on the Redbird Agents Blog.

Broker-Agent 240

Broker-Agent Broker Agents License 240

Rough Notes

DECEMBER 31, 2024

Its here and changing the financing game for independent agencies Offering premium finance at checkout can reduce the typical premium collection time from 20 days to less than five .

Premium 40

Premium Agents Insurer Insurance 40

TGS

DECEMBER 11, 2024

TGS Insurance Blog Captive Agent vs. Independent Agent: Whats the Difference and Why Does It Matter? Policies, premiums, deductiblesits a lot to process. But before diving into the nitty-gritty details of coverage, theres one crucial decision to make: working with a captive agent vs independent agent. No problem.

Agents 52

Agents Policy Home Insurance Premium 52

PSM Brokerage

JANUARY 28, 2025

What Agents Need to Know for 2025 The Centers for Medicare and Medicaid Services (CMS) is rolling out significant updates to Dual Special Needs Plans (D-SNPs), Low-Income Subsidy (LIS) programs, and Special Enrollment Period (SEP) rules in 2025. Benefits: Reduced premiums for Part D and capped prescription drug costs.

Agents 52

Agents Premium Policy 52

Final Expense Brokerage

JUNE 7, 2024

This article will explore ten objections faced as an agent when discussing life insurance and strategies for effectively addressing them. "I Break down the expenses associated with final expense insurance, highlighting that premiums are frequently reasonable and can be customized to suit their situation. I already have life insurance."

Life Insurance 130

Life Insurance Premium Insurer Insurance 130

Redbird Agents

JUNE 14, 2024

Getting a client to understand the role of annuities in their overall plan is just as hard for a fixed agent as it is for the registered rep. Life insurance agents that are new to selling annuities. FIA Accumulation Highlights : Review premium requirements, fixed rates, withdrawals and more! Download Current Annuity Rates Now!

License 130

License Life Insurance Agents Premium 130

TGS

OCTOBER 3, 2024

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Let’s dig into the 10 factors that affect homeowners insurance premiums in Florida—and everywhere else, too.

Premium 52

Premium Deductible Out-Of-Pocket Insurer 52

Solstice Insurance Broker

JANUARY 23, 2025

Break down the plans into digestible pieces: explain premiums, deductibles, and out-of-pocket costs in relatable terms. Simplify the Complex The complexity of health insurance can often be overwhelming for clients, making simplification your secret weapon.

Broker 100

Broker Out-Of-Pocket Insurance Broker Deductible 100

Final Expense Brokerage

JUNE 14, 2024

June 12, 2024 6:13:33 PM Contact Us Share: The Best Presentation Model For Insurance Agents Crafting an effective final expense sales presentation that fits into a 10-minute window is both an art and a science. For example, "One of my clients, Bob, was relieved to find out how affordable his premium was. Curious About Working With FEB?

Premium 130

Premium Protection Policy Agents 130

Smart Insurance Agents

OCTOBER 14, 2024

Everything You Need to Know About $0 Monthly Premium Medicare Advantage Plans Medicare Advantage plans can offer a zero monthly premium due to how they are funded by the federal government. Private insurers receive subsidies to manage Medicare benefits, allowing them to reduce or eliminate premiums for beneficiaries.

Premium 52

Premium Out-Of-Pocket Out-Of-Pocket Expense Deductible 52

TGS

OCTOBER 25, 2024

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare. If you’re wondering why your premiums have spiked, you’re not alone.

Home Insurance 52

Home Insurance Premium Insurer Insurance 52