Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
BGC Insurance’s Aerospace Broker Rebrands as ‘Piiq Risk’ with Spate of Key Hires
Jan 7 2020 // BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners. Since the division was launched during the second...
Tysers (a.k.a. Integro) Completes Acquisition of Specialist Lloyd’s Broker RFIB
Jan 6 2020 // Integro Insurance Brokers Holdings Ltd., the parent of U.K.-based firm Integro Insurance Brokers Ltd., which trades under the Tysers brand, announced it has completed its acquisition of Risk Transfer Group (RTG), the...
New York’s Frenkel & Company Completes Transition to EPIC Brand
Jan 6 2020 // Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), has announced that Frenkel & Company, a New York, N.Y.-headquartered, full-service independent insurance broker...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say
Jan 6 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Arthur J. Gallagher & Co. Acquires Minority Stake in Malaysia’s SP&G Insurance Brokers
Jan 6 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a minority stake in Malaysian broker SP&G Insurance Brokers Sdn Bhd. Terms of the transaction were not...
Insurance Market Shrinking as Senior Living Industry Grows
Jan 6 2020 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6...
Some Fire Agencies in Wisconsin Ditching Hazardous Firefighting Foam
Jan 3 2020 // Some Wisconsin fire departments have stopped using firefighting foam that contains a group of man-made chemicals that have been linked to increased cholesterol and cancer risk, among other health hazards. The Per- and...
CAA Expands in Colorado, Iowa with Addition of 5 New Members
Jan 3 2020 // Austin, Texas-based Combined Agents of America LLC (CAA) has kicked off 2020 with the addition of five new member agencies, bringing its total member count to 73. CAA is a privately held agency partner group comprised of...
New Hampshire’s The Davis Agency Joins The Northern United Agents Alliance
Jan 3 2020 // The Northern United Agents Alliance (NUAA) has announced that The Davis Agency joined the NUAA as a participating member. The Davis Agency, located in Concord, N.H., is a full-service agency founded in 2019 by Andy Davis....
U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners
Jan 3 2020 // Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel...
Southern California Insurance Agent Arrested for Allegedly Pocketing Premiums
Jan 2 2020 // California Department of Insurance detectives on Thursday arrested insurance agent Gelinda Phann Keo, 43, on one felony count of grand theft after she allegedly pocketed a client’s insurance payment. The CDI found...
Financial Tug-Of-War Emerges Over California Fire Victims’ Settlement
Jan 2 2020 // A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to...
Commercial Lines Insurtech Bold Penguin Acquires E&S Brokerage Tech Platform xagent
Jan 2 2020 // Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance...
Insurance Journal’s Top 10 National Stories of 2019
Jan 2 2020 // The top Insurance Journal story of the year was about a merger that never happened. On March 5, 2019 a marriage between two of the largest insurance brokers seemed to be in the works. Aon was considering a combination with...
Insurance Journal’s Top 10 West Region Stories of 2019
Jan 2 2020 // California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top...
12 New Year’s Resolutions for Insurance Agents
Dec 31 2019 // During the course of a year, Insurance Journal columnists, consultants and other writers dispense countless words of wisdom on how to be a better and more successful professional insurance agent. If you are a veteran...
Why Small Business Liability Insurance Must Be Advanced Into the Digital Age
Dec 30 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
Extended Deadline for Insurance Journal’s Top P/C Agents
Dec 27 2019 // Insurance Journal is searching for the nation’s leading independent agents to become part of America’s Top Property/Casualty Agent listing. The deadline to submit is now extended to the end of day on Monday,...
Ohio Agents Honor Berg of Big ‘I’ with Industry Citation Award
Dec 24 2019 // Ohio Insurance Agents Association (OIA) has presented Independent Insurance Agents & Brokers of America’s Ron Berg with its Industry Citation Award. Berg has served as executive director of the Big...
TSLA, Austin Independent Agents Group Donate Food, Cash to Food Bank
Dec 24 2019 // The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts in December to collect food and money for the Capital Area Food Bank located in Austin, Texas. Food and money were...
