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A former insuranceagent plead guilty to stealing premium from a premium finance company. Formerly licensed insuranceagent Tonja Van Roy, 59, who currently resides in Las Vegas, but operated an insurance agency based in Northridge, California, pleaded guilty today …
Florida authorities have arrested a well-known southwest Florida insuranceagent, 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 …
First, a North Carolina man filed a claim with Farm Bureau Insurance. Then he threatened three insuranceagents with violence when he wasn’t paid as much as he expected, according to state authorities and one of the insuranceagents. Brody …
Bank personal loans for up to $50,000 working directly with their insuranceagent. 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 …
A North Carolina insuranceagent 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 …
A King County, Washington, judge issued a bench warrant a former Seattle insuranceagent 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 …
A North Carolina insuranceagent 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 …
Are you a young insuranceagent, 40 years old or younger? Do you know a young insuranceagent? Insurance Journal is once again looking for young insuranceagents to participate in this year’s Young InsuranceAgents Opinion Survey. Tell us …
A Miami insuranceagent 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, …
This post is part of a series sponsored by Darkhorse Insurance. Ever wonder how some insuranceagents 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 …
Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated InsuranceAgents Inc. CIA), an agency network based in Buffalo, New York. Renaissance said CIA’s 23 members collectively represent $47 million in premium and …
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 …
This post is part of a series sponsored by Darkhorse Insurance. Being an insuranceagent 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 …
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.
Warped is the insurance world we live in, and here is what the future holds for … This is obviously a warped paraphrase of the famous line from The Treasure of the Sierra Madre, Badges! I donit need no stinkini badges!
Florida authorities in August arrested a well-known southwest Florida insuranceagent, 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 …
The duties of an insuranceagent 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 insuranceagent negligence.
A former Ohio insuranceagent 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 …
Insuranceagents 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 …
We specialize in helping independent insurance agency owners navigate the complex process of selling their agency. Schedule a Confidential Meeting with Our M&A Team Begin M&A Intake Form Why Sell Your Insurance Agency? Our team not only has experience negotiating deals, but we have successfully sold our own insurance agencies.
The Florida House subcommittee on insurance advanced two hotly debated bills Thursday, one supported by insuranceagents but another that was opposed by agents and carriers alike. And another subcommittee voted to repeal the auto insurance personal injury protection law …
Federal courts are creating an almost impossible barrier for policyholders trying to hold their insuranceagents accountable for negligence involving National Flood Insurance Program (NFIP) policies.
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.
This post is part of a series sponsored by Darkhorse Insurance. Understanding your insuranceagent commission structure is the key to knowing where your income comes from … Ever wonder how much you’re really earning every time you close a deal?
Insurance policyholders do not read the insurance policies that are sold to them. The insurance contracts are not even provided to the policyholder until after the product is purchased.
I often wonder if insuranceagents read the insurance policies they provide to their clients before selling the product. Why do insuranceagents sell policies with clauses that require disputes to be in faraway places? appeared first on Property Insurance Coverage Law Blog.
The Centers for Medicare & Medicaid Services (CMS) has officially withdrawn the proposed changes to the Special Election Period (SEP) for Individuals Affected by a Government Entity-Declared Disaster or Other Emergency. Previously, CMS announced that starting April 1, 2025 , beneficiaries would need to call 1-800-MEDICARE to use this SEP.
Owners of mobile and manufactured homes in Maryland’s coastal communities and their insuranceagents are having difficulty finding insurance coverage as carriers pull away from the market. The problem is squeezing owners who want to sell their mobile or manufactured …
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 …
This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024. The rising cost of labor and food, along with the ongoing struggle to recruit and retain employees, remain among the top concerns …
This post is part of a series sponsored by Darkhorse Insurance. Many captive insuranceagents, while enjoying the … Ever felt like a bird with clipped wings, singing the same song for the same company year after year? You’re not alone.
The insurance industry, traditionally rooted in face-to-face interactions and extensive documentation, is undergoing a significant transformation with the rise of video marketing. As digital communication becomes the norm, retail insuranceagents, wholesalers, MGAs, carriers and insurtechs increasingly turn to video …
When your home is damaged, it’s natural for most homeowners to call their insuranceagent. Your agent is usually the first person who comes to mind because they sold you the policy. But insuranceagents don’t handle claims. That job belongs to an adjuster.
A federal judge on Wednesday sentenced a North Carolina insuranceagent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …
You need to know that insuranceagent burnout is, unfortunately, common. 39 percent of people in the insurance industry have reported burnout. Are you feeling overwhelmed and exhausted at work? The national average is 35 percent. However, burnout doesn't have to be part of your every day.
This post is part of a series sponsored by Darkhorse Insurance. Ever wondered what it’s like to be a Farmers Insuranceagent? In this eye-opening blog, a former Farmers agent spills the beans on the inside scoop. Get ready for …
Insuranceagents 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 …
This post is part of a series sponsored by Darkhorse Insurance. For independent insuranceagents looking to grow and stay competitive, insurance clusters and aggregators offer valuable opportunities. Joining either network provides access to more carriers, higher commissions, lower fees, …
This post is part of a series sponsored by Darkhorse Insurance. The insurance industry is evolving rapidly in 2025, making it the perfect time to learn how to become an independent insuranceagent. Agents should embrace flexibility and autonomy due …
Jun 30, 2024 5:13:42 PM Contact Us Share: Learn how to effectively address objections as an insuranceagent and increase your sales success. Understanding Common Objections As an insuranceagent, it is important to understand the common objections that consumers may have when it comes to buying final expense.
This post is part of a series sponsored by Darkhorse Insurance. How can you, as an insuranceagent, stay motivated in the dynamic industry? In the fast-paced world of insurance, your motivation is not merely a personal preference it’s …
I’ve heard more than once the misconception that selling insurance is easy. If selling insurance was so easy, then why is it that roughly 10 percent of the independent insuranceagents generate the vast majority of the sales? Are all independent agents good salespeople? Why Do InsuranceAgents Fail?
With six sailboats and a motorboat, I consider myself an enthusiast, though my insuranceagent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.
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