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Nonresident Surplus Brokers in Alabama Must Have $50,000 Bond Starting Jan. 1

Insurance Journal

Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. The Alabama Department of Insurance posted the bulletin last week. A form is available …

Broker 246
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Former Florida Broker, Others Charged in Insurance Fraud Schemes

Insurance Journal

One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three people were arrested at a medical clinic for …

Broker 239
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Marine Alliance acquires Speedwell Insurance Brokers

Splash: Finance and Insurance

Two years after it was founded, Hamburgs Marine Alliance is growing through the acquisition of a majority stake in London-based insurance broker Speedwell, who will join the current partnership of Marine Assekuranz and Fram Insurance Brokers.

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People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking

Insurance Journal

This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEO Price Forbes Bermuda announced the promotion of Carrie Kelley to …

License 264
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Crimes Against Customers: Part 3 – Technology Crimes

Insurance Journal

Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers. Insurance compliance is serious business.

Crime 246
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Crimes Against Customers: Part 1 – Financial Crimes

Insurance Journal

Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers. Insurance compliance is serious business.

Crime 244
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2025 Registration and Training for Marketplace Agents and Brokers

PSM Brokerage

Registration and Training for Marketplace Agents and Brokers Plan year 2025 Marketplace registration and training is now available for new and returning agents and brokers on the Marketplace Learning Management System (MLMS). New agents and brokers can take Individual Marketplace training through the MLMS or the HHS-approved vendor(s).