Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Electronic Marketplace AkinovA Donates Data Assets to ACORD for Industry Standards

Sep 16 2019 // AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS) data assets to ACORD, the global standards-setting body for the...

Louisiana Commissioner Candidate, Temple, Says State Is in Insurance ‘Crisis’

Sep 16 2019 // When Louisiana voters go the polls this fall, in the race for insurance commissioner they’ll have a choice between Louisiana businessman and longtime insurance industry executive, Tim Temple, and current...

The Missing Value Proposition of High Quality Agents

Sep 16 2019 // I was having dinner with a close friend who is retired, has no debt and has decent wealth. He asked me why I think he needs insurance. He was wondering if insurance at this stage of his life was a waste. My heart sank....

Going Digital and Building Relationships

Sep 16 2019 // Every agent I’ve met in the past decade understands the need to adapt in some way to the digital marketplace — a better-looking website, a more effective email marketing program or adding a mobile app. When the...

Resolving Claim Disputes: Step 3 Research and Document the Interpretation – Part 1 of 3

Sep 16 2019 // This article introduces a three-part series covering over a dozen largely legal and contractual principles, many of which are used by attorneys to resolve contract disputes. Most of them can also be used by agents and...

Today’s E&S Market Is an ‘Overwhelming’ Success

Sep 16 2019 // Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The...

Louisiana Commissioner Candidate, Temple: State Is in Insurance ‘Crisis’

Sep 13 2019 // When Louisiana voters go the polls this fall, in the race for insurance commissioner they’ll have a choice between Louisiana businessman and longtime insurance industry executive, Tim Temple, and current...

Professional Insurance Agents of New York Names Tomassi as President

Sep 13 2019 // John R. Tomassi was named president of the Professional Insurance Agents of New York (PIANY), at a meeting of the association’s board of directors today at PIANY headquarters in Glenmont, N.Y. Tomassi is a partner in...

Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts

Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference. Speaking at the Keefe, Bruyette & Woods Insurance...

On Second Thought, Insurtech Next Insurance Thinks Agents Have a Role After All

Sep 12 2019 // Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed “Next for Agents,” had been in beta testing since April...

Gallagher Hires Kambos to New York Management Liability Practice

Sep 12 2019 // Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill., has hired Mike Kambos as its area senior vice president for New York’s Management...

Harlos Joins Texas Security General Agency as VP, Operations

Sep 11 2019 // Texas Security General Insurance Agency LLC (TSGA), based in San Antonio, Texas, has added Marian Harlos as vice president of Operations. Harlos brings 38 years of insurance industry experience. She began her career in the...

States Take Aim at SEC’s New Broker-Dealer Adviser Rule

Sep 11 2019 // New York and a half dozen other states accused the Securities and Exchange Commission of botching a final regulation intended to protect broker-dealer customers from conflicts of interest under the landmark Dodd-Frank Act...

3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures

Sep 10 2019 // Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their...

The Aftermath of Hurricane Dorian: Southeast States ‘Dodged a Bullet’

Sep 10 2019 // Residents and the insurance industry in Southeast states are feeling relieved after Hurricane Dorian grazed the U.S. coastline last week just days after it caused catastrophic damage in the Bahamas. While the storm was at...

Unlicensed Labor Broker Indicted in New York for $1M Insurance Fraud Scheme

Sep 9 2019 // Unlicensed labor broker Salvador Almonte Jr. and insurance broker Steven Asvazadourian have been indicted in New York for an insurance fraud scheme in which they underreported the size of Almonte’s companies and lied...

Fire Sprinkler Contractors Insurance Program Webinar to be Held Tuesday, September 10

Sep 9 2019 // Atlanta, GA, September 9, 2019 — Bob Leonhart and Cricket Thomas, CRIS, both executive vice presidents and program directors at Blue River Underwriters, will host an informative webinar on the Fire Sprinkler Elite...

Online Tool from Brightway Helps Franchise Owners Recruit Agents

Sep 9 2019 // Brightway Insurance has introduced a new online tool for its franchise owners designed to improve how franchisees recruit agents. The Predictive Index talent optimization platform will be available to franchisees in 21...

Burns & Wilcox Brokerage Hires Greene as VP, Broker in New York Office

Sep 6 2019 // Burns & Wilcox Brokerage, a distinct business unit of H.W. Kaufman Group solely dedicated to wholesale insurance brokerage, has hired Anthony Greene to its leadership team. Greene joins the Burns & Wilcox Brokerage...

Arthur J. Gallagher Acquires UK Property-Owner Insurance Broker, RGA Group

Sep 6 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-headquartered broker, announced the acquisition of three UK insurance intermediaries – Rentguard Ltd., Home & Travel Ltd. and RGA Underwriting Ltd. –...