Monthly Archives: <span>April 2022</span>

Indiana Travel Agent Sentenced For Wire Fraud

Maria Caceres an Indiana travel agent was sentenced last week to 30 months in federal prison following her conviction of wire fraud, to which she had previously plead guilty. According to court records, the 56-year old Caceres was employed by …

Future Liability Releases at Center of Boy Scouts Bankruptcy

Protecting local Boy Scouts of America councils and troop sponsoring organizations from future liability for child sex abuse claims is critical to the national group’s reorganization plan, BSA attorneys told a Delaware bankruptcy judge April 12. Attorneys opposing the plan …

Physical Therapists, Others Charged in Miami PIP Fraud Scheme

Two physical therapists and five other Miami people were arrested last week and charged with running an extensive auto insurance fraud ring, staging accidents and billing insurers as much as $161,000. Florida’s Department of Financial Services said that investigators had …

King Brokerage Acquires Ameriway in NE Florida

The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced. Ameriway provides commercial and personal lines coverage and was founded by Charles Hayes. He will continue to run the operation until his …

The InsurTech Summit 2022 Announces Agenda and Speakers

San Diego, CA., April 18, 2022 – Today, Carrier Management has announced the agenda and speakers for the InsurTech Summit 2022. This is a virtual, two-day event beginning at 8 a.m. Pacific on Tuesday, May 10 and continuing on Wednesday, …

Maine Lawmakers Advance Bill Granting Tribes Sovereignty

The Maine House voted Thursday to give the state’s tribes the same rights enjoyed by Native Americans elsewhere across the country, a first step in an effort to uphold the tribes’ sovereignty. The 81-55 tally marked the first legislative vote …

$400K Settlement for People Hurt by Damaged Sidewalks in California

San Diego has paid out $400,000 to settle lawsuits alleging the city is responsible for significant injuries caused by poorly maintained roads and sidewalks. The City Council approved approved the payouts unanimously last week, the San Diego Union-Tribune reported. They …

California Plan Would Triple Sale of Electric Cars by 2026

California wants electric vehicle sales to triple in the next four years to 35% of all new car purchases, an aggressive target set as part of the goal to phase out the sale of gas-powered cars by the middle of …

People & Places

National Lockton appointed Michelle Faylo as its U.S. Cyber & Technology leader. A 20-year veteran of the insurance industry, Faylo joins Lockton from AIG, where she most recently was North America Head of Cyber & Professional Liability. Before joining AIG …

Business Planning Made Easy

If agency owners haven’t created the annual business plan, it is not too late. It is best to take a good look at the past and reflect on how the agency has been operating over the past year. Operations may …