License - Insurance Industry Brief

Tennessee Sees Big Jump in Insurance Producer Licenses in Recent Years

Insurance Journal

NOVEMBER 26, 2024

Tennessee has seen a 25% jump in the number of insurance producer licenses in the past five years, an increase that regulators have attributed to a population boom in the state and easy access to producer exams. The state now …

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New Hampshire Suspends License for 2 Years for Trucker Acquitted in Motorcycle Crash

Insurance Journal

JULY 14, 2024

A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists won’t be eligible to get his license back for another two years, New Hampshire safety officials said. A jury in 2022 found Volodymyr Zhukovskyy not guilty …

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Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ

Insurance Journal

SEPTEMBER 29, 2024

A Florida surgeon’s license was suspended last week after he reportedly removed the wrong organ from a patient, leading to the man’s death. Dr. Thomas Shaknovsky, working at Ascension Sacred Heart Emerald Coast Hospital near Fort Walton Beach, made repeated …

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Alabama Judge Appoints Mediator in Long-Running Med Marijuana License Dispute

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 …

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HDI Global Receives License to Open Office in Dubai

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 …

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Maryland to Require Security Guard Licensing, Proof of Insurance

Insurance Journal

DECEMBER 5, 2024

Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Senate Bill 760 (2023), any business or …

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Former Ga. Insurance Commissioner, Now in Prison, Surrenders Law License

Insurance Journal

OCTOBER 24, 2024

ATLANTA (AP) — Former Georgia Insurance Commissioner John Oxendine, now in federal prison, has surrendered his law license after pleading guilty to conspiracy to commit health care fraud. The Georgia Supreme Court, in a brief decision on Tuesday, accepted Oxendine’s …

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Starr Insurance Receives License to Sell Commercial Insurance Across South Korea

Insurance Journal

OCTOBER 21, 2024

Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. “Korea is one of the largest commercial …

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Blueprint for Hiring Licensed-Only Agents

PSM Brokerage

FEBRUARY 14, 2025

Introduction: Hiring the right licensed-only agents (LOAs) is a critical step in scaling your agency or call center. Job Aid: Steps to Hiring a Licensed-Only Agent (LOA) 1. Requirements: Active insurance license (or willingness to obtain one quickly), sales experience preferred, strong communication skills. Download I.

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Florida Board Revokes Butt-Lift Doctor’s License, Three Years After Patient Died

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 …

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5 Tips for Becoming a Licensed Insurance Professional for Medicare

Insurance Journal

JULY 22, 2024

PCF Senior Benefits Practice Leader, Jason Milz, shares some tips to help begin your journey as a Medicare licensed insurance professional. This post is part of a series sponsored by PCF Insurance Services. The demand for experienced Medicare guidance is …

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Florida Department of Financial Services Recognizes The Value of Licensed Public Insurance Adjusters

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.

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Can Insurance Companies Sue Public Adjusters for Not Being Licensed or Not Having a Valid Contract?

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.

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Florida’s Emergency Ethical Rule Conflicts with Xactimate’s License Agreement – Another Example of Insurance Industry Control in Florida

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.

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Roofer Agrees to Cease and Desist Consent Order Preventing Advertising and Acting As a Licensed Public Adjuster

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, … (..)

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Taking Your Adjuster Licensing from a Liability to an Asset

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 …

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Stop Using Licensed Contractor Bids For Claim Estimates—A Quick Analysis of Florida’s Imperfect Emergency Rule of Property Loss Adjusting

Property Insurance Coverage Law

OCTOBER 11, 2024

It is obviously a political response to the CBS 60 Minutes documentary noted in CBS 60 … The post Stop Using Licensed Contractor Bids For Claim Estimates—A Quick Analysis of Florida’s Imperfect Emergency Rule of Property Loss Adjusting appeared first on Property Insurance Coverage Law Blog.

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You Just Got Your Idaho Contractor License, Now What?

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.

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Patronis to Leave Florida CFO Job to Run for Gaetz’ Seat in Congress

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 …

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How to Renew Your Insurance License with a Criminal Background: Part 5 – South Dakota through Wyoming

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 …

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‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos

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

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Unlocking Efficiency in Life Insurance Renewals:

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

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Breaking Open the Compliance Black Box: How M3 Insurance Took Back Control of Producer Licensing with AgentSync

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. This post is part of a series sponsored by AgentSync. The Wisconsin-based insurance agency needed a …

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Iowa Contractor Agrees to Consent Order Over Unlicensed Public Adjusting

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 …

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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

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 …

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Alabama High School Football Player Dies From Brain Injury in Season Opener

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

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Client Mix-up Leads to Lawsuits, Bar Complaint Against Mississippi Comp Lawyer

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 …

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Vermont Added 41 Captives in 2024

Insurance Journal

JANUARY 15, 2025

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.

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Insurance Producer Licensing Fees by State

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. Partner with PSM Brokerage for Success At PSM Brokerage, we understand that navigating licensing requirements can be complex.

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Former California Insurance Agent Convicted After Stealing $3.7M

Insurance Journal

JANUARY 6, 2025

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 … A former insurance agent plead guilty to stealing premium from a premium finance company.

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Microsoft Faces Wide-Ranging Antitrust Probe

Insurance Journal

DECEMBER 1, 2024

Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan …

License

Florida DFS Posts Latest Enforcement Actions Against Agents, Adjusters

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 …

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South Florida Man Charged with Unlicensed Public Adjusting in 2022

Insurance Journal

AUGUST 18, 2024

Investigators with Florida’s Department of Financial Services last week charged a south Florida man with acting as a public adjuster without a license and defrauding policyholders of more than $34,000. It’s the second time in 14 months Giorgio Giovanni Gonzalez …

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Texas Department of Insurance OKs Porch Group’s Reciprocal Exchange

Insurance Journal

OCTOBER 28, 2024

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

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Insurer Fortegra Launches Subsidiary in UK

Insurance Journal

DECEMBER 4, 2024

The Prudential Regulation Authority (PRA) granted Fortegra UK the license, … The Fortegra Group Inc., 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.

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The Prudential Advantage: Insights From A licensed Life Insurance Agent

RiskQuoter

OCTOBER 13, 2024

The post The Prudential Advantage: Insights From A licensed Life Insurance Agent appeared first on RiskQuoter.com. 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.

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North Carolina Insurance Agent Charged with Embezzlement

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 …

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

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 …

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Crimes Against Customers: Part 3 – Technology Crimes

Insurance Journal

SEPTEMBER 26, 2024

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.

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Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers

Insurance Journal

NOVEMBER 17, 2024

According to the L&I, there are more than 250 licensed farm … A Pasco farm labor contractor faces nearly $140,000 in fines for violations uncovered during a Washington State Department of Labor & Industries investigation that include withholding information from worker.

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Crimes Against Customers: Part 1 – Financial Crimes

Insurance Journal

AUGUST 13, 2024

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

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Former Florida Broker, Others Charged in Insurance Fraud Schemes

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 …

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Supreme Court Hears Texas Nuclear Waste Storage Dispute

Insurance Journal

MARCH 5, 2025

Supreme Court was hearing arguments on Wednesday on whether the Nuclear Regulatory Commission has the authority to license nuclear waste storage facilities amid objections brought by the states of Texas and New Mexico as well as the oil …

License

Medicare Prescription Drug Costs: Strategies for Managing Expenses

Insurance Journal

AUGUST 20, 2024

PCF Senior Benefits Practice Leader, Jason Milz, shares how partnering with a licensed insurance agent helps you effectively manage and reduce your prescription drug costs for 2024. This post is part of a series sponsored by PCF Insurance Services. For …

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Tennessee Sees Big Jump in Insurance Producer Licenses in Recent Years

New Hampshire Suspends License for 2 Years for Trucker Acquitted in Motorcycle Crash

Trending Sources

Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ

Alabama Judge Appoints Mediator in Long-Running Med Marijuana License Dispute

HDI Global Receives License to Open Office in Dubai

Maryland to Require Security Guard Licensing, Proof of Insurance

Former Ga. Insurance Commissioner, Now in Prison, Surrenders Law License

Starr Insurance Receives License to Sell Commercial Insurance Across South Korea

Blueprint for Hiring Licensed-Only Agents

Florida Board Revokes Butt-Lift Doctor’s License, Three Years After Patient Died

5 Tips for Becoming a Licensed Insurance Professional for Medicare

Florida Department of Financial Services Recognizes The Value of Licensed Public Insurance Adjusters

Can Insurance Companies Sue Public Adjusters for Not Being Licensed or Not Having a Valid Contract?

Florida’s Emergency Ethical Rule Conflicts with Xactimate’s License Agreement – Another Example of Insurance Industry Control in Florida

Roofer Agrees to Cease and Desist Consent Order Preventing Advertising and Acting As a Licensed Public Adjuster

Taking Your Adjuster Licensing from a Liability to an Asset

Stop Using Licensed Contractor Bids For Claim Estimates—A Quick Analysis of Florida’s Imperfect Emergency Rule of Property Loss Adjusting

You Just Got Your Idaho Contractor License, Now What?

Patronis to Leave Florida CFO Job to Run for Gaetz’ Seat in Congress

How to Renew Your Insurance License with a Criminal Background: Part 5 – South Dakota through Wyoming

‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos

Unlocking Efficiency in Life Insurance Renewals:

Breaking Open the Compliance Black Box: How M3 Insurance Took Back Control of Producer Licensing with AgentSync

Iowa Contractor Agrees to Consent Order Over Unlicensed Public Adjusting

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

Alabama High School Football Player Dies From Brain Injury in Season Opener

Client Mix-up Leads to Lawsuits, Bar Complaint Against Mississippi Comp Lawyer

Vermont Added 41 Captives in 2024

Insurance Producer Licensing Fees by State

Former California Insurance Agent Convicted After Stealing $3.7M

Microsoft Faces Wide-Ranging Antitrust Probe

Florida DFS Posts Latest Enforcement Actions Against Agents, Adjusters

South Florida Man Charged with Unlicensed Public Adjusting in 2022

Texas Department of Insurance OKs Porch Group’s Reciprocal Exchange

Insurer Fortegra Launches Subsidiary in UK

The Prudential Advantage: Insights From A licensed Life Insurance Agent

North Carolina Insurance Agent Charged with Embezzlement

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

Crimes Against Customers: Part 3 – Technology Crimes

Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers

Crimes Against Customers: Part 1 – Financial Crimes

Former Florida Broker, Others Charged in Insurance Fraud Schemes

Supreme Court Hears Texas Nuclear Waste Storage Dispute

Medicare Prescription Drug Costs: Strategies for Managing Expenses

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