A former insurance agency owner from Berks County, Pa., was accused of stealing more than $255,000 in insurance premiums from his clients.

More than 100 felony charges have been filed against suspects allegedly involved in an elaborate, organized fraud ring operating in the San Francisco area that allegedly cost 11 insurance companies up to $500,000 in losses.

The Independent Insurance Agents & Brokers of New York (IIABNY) gave awards to six insurance companies at the group’s annual Capital Event.

Independent insurance agents ranked in the middle of the pack in a survey of customers’ experience, while insurance providers ranked well ahead of health insurance plans in the annual analysis.

Travelers Insurance recently distributed its 2010 Personal Insurance Agent of the Year Awards, recognizing three independent agents from the mid-Atlantic.

Travelers introduced the mobile version of its e-CARMA risk management information system (RMIS) application to help business insurance customers access vital information anywhere and at any time.

Chad J. Berhance joined NewOak Capital as managing director and head of New Oak Solutions, a portfolio risk analytics, credit and advisory service provider to institutional investors globally.

Less than a week after announcing five grand jury indictments as part of an ongoing automobile “give up” scheme to collect insurance premiums, New Jersey officials have announced sentences for three more people linked to the same fraud.

Travelers Insurance’s discounts on “green” homeowners’ products won approval from the Pennsylvania Insurance Department in a first step toward its gauging of climate change strategies by insurers statewide.

Wells Fargo says it plans to appeal a Connecticut court ruling against its insurance brokerage, Acordia, regarding improper disclosure of contingent commissions.