Monthly Archives: <span>May 2013</span>

Broker’s Insurance Group Announces 2013 Biggie Award Winners

Rancho Cucamonga, CA, 05/13/13 – The Brokers Insurance Group announced this year’s winners of the 2013 Biggie Awards. With over 13,000 votes tallied over 10 unique categories, this year’s awards ceremony was the most unprecedented display of industry participation for …

Senators Finalizing Drug Compounding Regulation Bill

U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to submit to greater federal regulation. The proposed legislation comes in the wake of a meningitis outbreak last fall …

FM Global: 1,900 Clients to Receive ‘Membership Credit’ to Lower Premium

Johnston, R.I.-based FM Global, one of the world’s largest business property insurers, said its policyholders will collectively receive an estimated $435 million in premium reductions when they renew their policies between June 30, 2013 and June 29, 2014. FM Global …

Leavitt Taps Hungrecker in Central California

Leavitt Central Coast Insurance Services named Mike Hungrecker as a financial advisor in central California. Hungrecker has more than 20 years of experience. He specializes in retirement planning, life insurance, and estate planning. He is an expert in the industry …

Sharkproof II: Retention through investment

Shark proof In part one of this series, we defined a shark as the kind of producer you don’t want anywhere near your clients. Sharks are experienced professionals who know the business, and are experts at breaking relationships. The 3 …

2 Third-Generation Independent Agencies Merge in Massachusetts

Ross Insurance Agency, a third-generation independent agency based in Holyoke, Mass., recently purchased another third-generation Holyoke agency, the Nathan N. Feldman Insurance Agency Inc. Founded in 1925, Ross Insurance Agency specializes in providing auto, home, business, group and life insurance …

New York Senate OKs Legislative Package to Fight Auto Insurance Fraud

The New York State Senate approved three bills that aim to cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to prevent criminals …

Officials to Launch Criminal Investigation into Texas Fertilizer Explosion

Texas Department of Public Safety (DPS) Director Steven McCraw has directed the Texas Rangers to join McLennan County Sheriff Parnell McNamara in launching a criminal investigation into the fertilizer plant explosion that occurred in West, Texas, on April 17. “This …

Revised Medicaid Expansion Backed by Louisiana House Panel

A proposal that would tap into federal funding available to offer insurance to the working poor narrowly received the backing of the House health committee, after two Republican lawmakers sided with Democrats to advance the bill. But one of those …

Ohio Insurance Director Warns of Healthcare-Related ID Scam

Ohio Lieutenant Governor and Insurance Director Mary Taylor issued an alert after reports surfaced that telephone con artists are attempting to steal Ohioans’ personal information using the Affordable Care Act (ACA) as a ploy. The scammers are claiming to be …