Agents & Brokers News

Assurex Global Names Kapnick to Board of Directors

Jim Kapnick, president of Michigan-based Kapnick Insurance Group, has been named to the board of directors of Assurex Global, a worldwide network of independent insurance brokers headquartered in Columbus, Ohio. Kapnick Insurance Group is a privately held, full service insurance …

Allied World U.S. Launches New Privacy Liability Product

Allied World Assurance Company Holdings, Ltd has launched a next generation of Allied World’s Privacy Liability product: Privacy//403v2. Privacy//403v2 is designed specifically for a broad spectrum of nonâ€technology companies including, financial institutions (banks and other commercial/consumer lenders), healthcare organizations (both …

Brown & Brown Acquires Martin Benefits

Insurance broker Brown & Brown Inc. has acquired New York-based Martin Benefits Consulting and Martin Human Resources. Terms of the deal were not disclosed. The businesses — which have combined annual revenues of approximately $3 million — offer employee benefits …

Challenger Presses Oklahoma Insurance Commissioner on MVR Fees

The Republican running to replace the current insurance commissioner in Oklahoma in the November election is seeking to make increased fees for access to motor vehicle records a campaign issue. During the last legislative session, state lawmakers raised to $25 …

Texas Regulators Issue More than $832K in Fines in August

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during August 2010. The actions include 14 license revocations, four license denials and fines and restitution totaling $832,708. Copies of Geeslin’s orders may be …

Competing Locally on the World Wide Web

SAN DIEGO – (October 5, 2010) – Unless you are a recent college graduate (or younger!) you undoubtedly remember life before the internet made its debut roughly 15 years ago. Statistics reflect the astonishing rate of its adoption in the …

Lower Corporate Taxes Could Help Preserve London’s Competitiveness

The City of London is just emerging from the recession brought on by the financial crisis, but it’s “clear there are numerous challenges ahead if it is to retain its global importance as a center for financial services,” warns Lloyd’s. …

A Wealth of Risks: Serving High Income Clientele

For insurance agents, there is a lesson to be learned from Hulk Hogan — particularly about the pitfalls of selling coverage to wealthy clients. The well-known, ex-professional wrestler turned reality TV star is suing his insurance broker, Wells Fargo, over …

Burns & Wilcox Hires Gatewood to Lead Personal Lines

Burns & Wilcox hired Bill Gatewood to lead the company’s national personal lines sales and marketing, recruitment and product initiatives, effective Sept. 27. Gatewood has more than 20 years personal lines experience with a number of leading insurance carriers. Prior …

People

Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, added agent Andy Webb to its sales team. Webb began his career in the insurance industry in March 2002 and now brings a strong …