Integro, Daugherty Insurance Services, Lugo & Associates Insurance brokerage and risk management firm Integro has acquired Stockton, Calif.-based Daugherty Insurance Services, a retail broker. Details of the deal were not disclosed. Scott Daugherty will remain in his leadership role at …
An unlicensed commercial entity has been ordered by Minnesota commerce regulators to pay $191,185 in civil penalties for making fraudulent and unlicensed auto insurance solicitations to consumers in that state. The Minnesota Department of Commerce imposed the fine on Variable …
A reduction in the fee insurance companies pay to appoint agents is expected to result in a savings for insurers of $11.3 million, the Ohio Department of Insurance announced. An amended rule took effect on June 30 that reduces the …
A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud. Melissa Ilene Williams, of Dike, Iowa, also was ordered to pay restitution for fabricating and submitting life insurance policies to two separate insurance …
Dave Gross is now president and CEO of Appleton, Wis.-based SECURA Insurance. Gross moved into the spot following the retirement of John Bykowski at the end of June. Bykowski will continue as chairman of SECURA’s board of directors. Gross served …
Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowner’s rate remain among the lowest in the country despite increases taken in the past two years. In 2013, the average rate for the top 10 …
Insurance consumer interest in Trusted Choice, the national brand created for the members of the Independent Insurance Agents & Brokers of America (IIABA or Big “I”) is growing, according the association’s chair-elect. David Walker, president of Hartland Insurance Agency in …
FM Global said Executive Vice President Thomas A. Lawson will succeed Shivan S. Subramaniam as chief executive officer, effective Jan. 1, 2015. For now, Lawson has been appointed president and he has been elected to the board of directors, effective …
Delaware lawmakers last month approved legislation aimed at lowering the state’s workers’ compensation insurance costs. Delaware House Bill 373 (“An Act to Amend Titles 18 and 19 of the Delaware Code Relating to Workers’ Compensation Insurance”) won the state Senate’s …
Thousands of Massachusetts motorcycle owners will receive a total of $14.6 million in insurance refunds as a result of a settlement with Commerce Insurance Company after allegedly being overcharged on their policies. The settlement was announced by Massachusetts Attorney General …
