Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
World Insurance Adds Two Agencies in South Carolina
May 21 2025 // New Jersey-based World Insurance Associates, one of the larger brokerages in the country, has continued its expansion plans with the recent acquisition of two agencies in South Carolina, the firm announced this week. Owens...
An Agent’s Guide to Expanding into Commercial Lines
May 19 2025 // Too many insurance agents lose out on lucrative opportunities by quoting only half of the business available to them. For the typical new agency owner, focusing on personal lines makes sense because it’s easier and...
Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss
May 14 2025 // The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5...
Business Moves: Gallagher Acquires Turkish Re/Insurance Broker Aspera
May 7 2025 // Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). Terms of the transaction were not disclosed. Established in 2022, Aspera is a boutique insurance and reinsurance...
World Insurance Acquires Upstate New York Agencies
May 6 2025 // Insurance broker World Insurance Associates LLC has acquired the business of Christopher Williams Agency and Barrett Millard LLC of Pittsford, New York. The Christopher Williams Agency began in 1961, and it purchased...
Florida Bill Passes Making it Easier for Agents to Seek Surplus Lines Coverage
May 6 2025 // Starting July 1, Florida insurance agents will no longer need to make a “diligent effort” to find coverage for hard-to-place properties before turning to surplus lines insurance if the governor signs House Bill...
TWFG Acquires Agencies in Texas and North Carolina
May 5 2025 // TWFG, Inc., a high-growth insurance distribution company, announced the acquisition of two agencies, one in Texas and one in North Carolina, and the hiring of Denise Davis as Vice President of Retail Operations. Denise...
Generative and Agentic AI in Insurance: Breaking Down the Risks and Opportunities
May 5 2025 // This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Chris Accetta and David Geller welcome David Seaton, VP of Predictive Analytics and Modeling at IAT Insurance,...
NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office
May 5 2025 // The National Association of Mutual Insurance Companies and the Independent Insurance Agents & Brokers of America are the latest from the industry to join a call in support of a measure to abolish the Federal Insurance...
Former Texas Insurance Broker Charged in Alleged Scam
May 5 2025 // A former Friendswood, Texas insurance agent turned himself into authorities over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with...
Florida Bill Would End Board of Engineers and Other Professional Agencies, Raising Concerns for Insurance Industry
May 5 2025 // Elon Musk’s age of government efficiency has spread to Florida, with legislation that would abolish at least 22 state boards that oversee licensing and disciplinary reviews for engineers, contractors, building...
Insurance Brokers File More Poaching Lawsuits Against Former Leaders and Competitors
May 5 2025 // USI Insurance Services, one of the largest brokerages in the country, has filed suit against a former sales team leader and another powerhouse broker, Lockton, accusing them of poaching employees and harming client...
Brokers Aon and WTW Each Report Steady Organic Growth of 5% in Q1
Apr 28 2025 // The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.1 billion...
Business Moves: Ardonagh Acquires Zurich’s SRB Assekuranz Broker; Optio Completes Purchase of Norwegian MGA, S Insurance
Apr 25 2025 // Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG...
Pet Insurance, Agents Gets a Shorter Leash Under Bill DeSantis Signed Into Law
Apr 23 2025 // Pet insurance is considered property insurance, and pet coverage and pet wellness programs will soon face new regulations and disclosure requirements under a bill signed into law by Florida Gov. Ron DeSantis. House Bill...
South Florida Insurance Broker Pleads Guilty to Fraud in $133M ACA Enrollment Scheme
Apr 22 2025 // A south Florida insurance broker is awaiting sentencing after pleading guilty last week to a $134 million scheme that fraudulently enrolled thousands of people in Affordable Care Act health insurance plans. Dafud Iza, 54,...
Capital Farm Credit Acquires Two Texas Agencies
Apr 21 2025 // The Board of Directors for Capital Farm Credit recently supported the purchase of two crop insurance agencies in the Texas Plains Region in an acquisition agreement aimed at serving as a long-term provider of critical crop...
Florida Bill Advances, Would End Board of Engineers, Other Professional Agencies
Apr 21 2025 // Elon Musk’s age of government efficiency has spread to Florida, with legislation advanced last week that would abolish at least 22 state boards that oversee licensing and disciplinary reviews for engineers,...
Young Agent Leaders
Apr 21 2025 // There’s no better time to excel and grow in the insurance world, some say. The talent gap has opened new doors for accelerated advancement for the driven and focused young professional. This issue of Insurance...
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
Apr 21 2025 // The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts–in a continuation of the favorable market conditions seen in January,...
