Insurance Journal

OCTOBER 24, 2024

AP) — A judge has appointed a mediator in the long-running dispute over who gets licenses to grow and sell medical marijuana in Alabama. MONTGOMERY, Ala. (AP) Montgomery Circuit Judge James Anderson named retired Circuit Judge Eugene Reese to act as …

License 260

License Liability Insurance Liability Insured 260

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 Agents Insurance Agent 89

Property Insurance Coverage Law

AUGUST 13, 2024

As I indicated in that post, it appeared that Patronis was warning people of the scammers and bad actors that … The post Florida Department of Financial Services Recognizes The Value of Licensed Public Insurance Adjusters appeared first on Property Insurance Coverage Law Blog.

License 246

License Property Insurance Insurer Insurance 246

Insurance Journal

JULY 30, 2024

HDI Global SE has received a regulatory license from Dubai Financial Services Authority (DFSA) to open an office in Dubai. The new local presence in Dubai International Financial Centre (DIFC) will allow HDI Global to bring its global financial strength …

License 264

License 264

Insurance Journal

DECEMBER 12, 2024

Florida’s Board of Medicine has revoked the medical license of a doctor who performed Brazilian butt-lift surgery, three years after his license was restricted after a botched surgery killed a patient. Dr. Christopher Walker, who had operated at a spa …

License 245

License Medical Malpractice Insurance Liability Insured 245

Property Insurance Coverage Law

DECEMBER 12, 2024

The issue raised in this title usually arises with policyholders not wanting to pay a public adjuster fee because the public adjuster service contract was not valid or the public adjusters license lapsed sometime during the contract. appeared first on Property Insurance Coverage Law Blog.

License 203

License Insurance Companies Policyholder Property Insurance 203

Property Insurance Coverage Law

OCTOBER 24, 2024

The recently issued Emergency Rule 69BER24-4 in Florida creates a concerning conflict with Xactimate’s license agreement, highlighting yet another way the insurance industry exercises control over claims adjusting practices.

License 189

License Insurance Industry Property Insurance Claim 189

Insurance Journal

DECEMBER 16, 2024

The Hidden Cost of Manual License Verifications Keeping insurance producers’ licenses and appointments compliant is a critical responsibility shared by nearly everyone in the insurance distribution channel. This post is part of a series sponsored by AgentSync. However, plenty of …

Life Insurance 242

Life Insurance License Insurer Insurance 242

The Property Insurance Law Observer

MARCH 20, 2025

Hawley Insurance Co. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the propertys destruction. Hawley Insurance Co.

Property Damage 130

Property Damage Damage Insurer Insurance 130

Insurance Journal

JANUARY 6, 2025

A former insurance agent plead guilty to stealing premium from a premium finance company. Formerly licensed insurance agent Tonja Van Roy, 59, who currently resides in Las Vegas, but operated an insurance agency based in Northridge, California, pleaded guilty today …

Insurance Agents 264

Insurance Agents Insurance Agent Agents Premium 264

Insurance Journal

DECEMBER 4, 2024

the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received regulatory approval to launch a UK subsidiary, called Fortegra Insurance Company UK. The Prudential Regulation Authority (PRA) granted Fortegra UK the license, … The Fortegra Group Inc.,

License 254

License Insurance Companies Insurer Insurance 254

Property Insurance Coverage Law

DECEMBER 13, 2024

As a follow-up to my post, Everybody Must Follow the LawInsurance Restoration Contractors Need to Stop Acting as Public Adjusters or Face Fines and Class Action Lawsuits, a Consent Order 1 was recently issued by the Iowa Insurance Commissioner in which Darren Reeves and his companies, Darren Reeves Roofing LLC and Darren Reeves Construction LLC, … (..)

License 189

License Property Insurance Insurer Insurance 189

Insurance Journal

OCTOBER 28, 2024

The Texas Department of Insurance approved an application from Porch Group Inc. to form and license Porch Insurance Reciprocal Exchange, a homeowners insurance reciprocal exchange. Porch said that forming PIRE is a key step in its strategy to increase profitability …

License 258

License Insurer Insurance Insured 258

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

APRIL 4, 2025

a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak Reinsurance Co. Peak Re has been authorized to write both property/casualty and life & health business, which the company said “marks a significant …

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130

Insurance Journal

NOVEMBER 27, 2024

Florida’s chief financial officer, Jimmy Patronis, whose office oversees insurance agent and adjuster licensing, along with insurance fraud investigations, plans to step down and run for Congress next year. News outlets reported that Patronis, a staunch supporter of President-elect Donald …

License 290

License Insurance Agents Insurance Agent Agents 290

Property Insurance Coverage Law

OCTOBER 11, 2024

The Florida Department of Financial Services (DFS) issued Emergency Rule 69BER24-4, which aims to address issues in the property insurance claims process. While the rule attempts to improve transparency and accountability, it raises several concerns and potential unintended consequences.

License 189

License Claim Property Insurance Insurance Claim 189

Insurance Journal

FEBRUARY 20, 2025

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

Broker License Insurance Broker Insurer 239

Central Insurance

AUGUST 15, 2024

You’ve earned your Idaho contractor license—now what? Learn the crucial steps to safeguard your business with expert tips from Central Insurance The post You Just Got Your Idaho Contractor License, Now What? appeared first on Central Insurance Blog.

License 130

License Insurer Insurance Insured 130

Insurance Journal

SEPTEMBER 2, 2024

This post is part of a series sponsored by AgentSync. Managing adjusters across multiple lines of business and in many states is notoriously painful. The complications of state nuances, the tightening timelines for customer communications in the wake of natural …

License 243

License Liability 243

Splash: Finance and Insurance

FEBRUARY 18, 2025

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.

Insurance Broker 89

Insurance Broker Broker Marine License 89

Insurance Journal

FEBRUARY 10, 2025

Having a criminal charge or conviction in one’s background can make things more difficult for a licensed insurance producer. This post is part of a series sponsored by AgentSync. However, it doesn’t always have to mean the end of a …

License 130

License Insurer Insurance Insured 130

Insurance Journal

FEBRUARY 3, 2025

When M3 Insurance began rapidly expanding its distribution channels, its existing licensing process wasn’t just inefficient: It was becoming a serious obstacle to growth. The Wisconsin-based insurance agency needed a … This post is part of a series sponsored by AgentSync.

License 130

License Insurance Agency Insurer Insurance 130

Insurance Journal

OCTOBER 28, 2024

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

License Broker Insurer Insurance 264

Insurance Journal

DECEMBER 30, 2024

The Iowa Insurance Division last month entered into a consent order with a contractor who had made claims they were offering services that require a public adjuster license. Central Iowa Gutter and Donald Smart have agreed to make changes to …

License 278

License Claim Insurer Insurance 278

Insurance Journal

AUGUST 26, 2024

Caden Tellier, whose mom once held an Alabama insurance producer license, played quarterback for Morgan Academy … A high school football player in Alabama died after he suffered a brain injury in a Friday night game, according to multiple news reports.

Injury 277

Injury License Insurer Insurance 277

Insurance Journal

AUGUST 15, 2024

Thousands of dollars, a lost job, denied insurance coverage and the possibility of a suspended law license for a Mississippi workers’ compensation attorney, apparently. What’s in a name? It all has to do with injured workers – both named Dorothy …

License 277

License Compensation Workers Compensation Professional Liability Insurance 277

Insurance Journal

JANUARY 15, 2025

Vermont continues to grow its captive insurance industry. Vermont licensed a total … The Vermont Department of Economic Development (DED) has reported that 2024 was among Vermont’s top 10 highest years of growth since its first-in-the-nation captive enabling legislation in 1981.

License 278

License Insurance Industry Insurer Insurance 278

PSM Brokerage

DECEMBER 3, 2024

Navigating DOI Appointment Fees by State As an insurance agent, understanding the Department of Insurance (DOI) fees for licensing, exams, and renewals is crucial for managing your practice and budget effectively. Timely Renewals: Avoid late fees or penalties by understanding renewal requirements.

License 89

License Insurer Insurance Insured 89

Insurance Journal

MARCH 26, 2025

The Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to carefully review and understand their existing insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure the best coverage to protect …

Insurance Policy 162

Insurance Policy Policy License Insurance Agents 162

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

RiskQuoter

OCTOBER 13, 2024

Prudential is one of the most competitive life insurance companies for high risk health issues such as HIV, cancer, heart disease, diabetes, as well as for tobacco users, private pilots and much more. The post The Prudential Advantage: Insights From A licensed Life Insurance Agent appeared first on RiskQuoter.com.

License 97

License Life Insurance Insurance Agents Insurance Agent 97

Insurance Journal

JANUARY 15, 2025

Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property, a South Carolina workers’ compensation attorney now faces a civil lawsuit by one of the alleged victims. The lawyer for …

Workers Comp 290

Workers Comp License Compensation Liability Insurance 290

Insurance Journal

SEPTEMBER 26, 2024

Insurance compliance is serious business. 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. This post is part of a series sponsored by AgentSync.

Crime 246

Crime License Insurance Agency Broker 246

Insurance Journal

NOVEMBER 11, 2024

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

Broker License Insurer Insurance 246

Insurance Journal

AUGUST 13, 2024

Insurance compliance is serious business. 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. This post is part of a series sponsored by AgentSync.

Crime 244

Crime License Insurance Agency Broker 244

Property Insurance Coverage Law

DECEMBER 30, 2024

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.

Insurance Agents 190

Insurance Agents Insurance Agent Policy Agents 190