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Resources for Buying and Selling Independent Insurance Agencies

Insurance Agency Owners and Investors need resources when considering buying or selling an independent insurance agency. There are a few sites we like and some we don’t, but this isn’t a ...

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Southern California Auto Shop Owner Sentenced to State Prison in $180,000 Insurance Fraud Case

Southland auto shop owner sentenced to state prison in $180,000 fraud case Also pleaded guilty to grand theft, money laundering, and false impersonation SAN BERNARDINO, Calif. — Hani Abujudeh, 55, ...

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Insured Losses from California Wildfires Now at $3.3 Billion

As reported on Insurance Journal, the largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive ...

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SOLD: California Mercury, Safeco, Travelers, Hartford Insurance Agency for Sale

Location: San Bernardino County, Ca. Agency Description: Gross Commission Revenue: 2016 – $495,000 Net Earnings/Cash Flow: $200,000 100% California Personal Lines Independent Agency Not ...

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Update on California Agent Allegedly Took $100k From Employer and Clients

Insurance Journal posted a story in July about an agent that stole $100,000 from clients, credit card numbers and SSN’s. He deposited them in his mothers bank account. I’ve said this once and ...

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How Independent Agencies Can Move Beyond Auto Insurance and Win Carrier Attention

Let’s face it, independent agency owners are easy targets. Ask most vendors that serve the IA channel about their clients and you’ll get an eye roll, a chuckle and a few good stories. We golf way ...

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Industry Experts to Sell Insurance Agencies in California

  We’re pleased to announce that we’ve been approved by Business Brokerage Press as an Industry Expert for Insurance Agencies. As a licensed Real Estate In California, we’re ...

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California Department of Insurance Commissioner orders investigation of Wells Fargo and National General Insurance

SACRAMENTO, Calif. – Commissioner Dave Jones today ordered the California Department of Insurance to open an investigation into recent allegations that Wells Fargo and National General ...

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California Counties Lose Blue Cross on Obamacare Exchanges

This article first appeared on Insurance Journal. Anthem Inc., Cigna Corp., Health Care Service Corp. and Molina Healthcare, four of the biggest health insurers selling Obamacare plans, said they are ...

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