Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Supreme Court Scales Back Doctrine Giving Deference to Regulatory Agencies
Jun 27 2019 // The U.S. Supreme Court on Wednesday constrained the power of federal agencies, scaling back a legal doctrine that calls for judges to give agencies deference to interpret their own rules but declining to eliminate it as...
What Passed, What Didn’t: New Florida Laws Taking Effect July 1
Jun 27 2019 // The Florida Legislature looked at and passed many pieces of legislation in the 2019 session that will impact the insurance industry. The following are summaries of what passed — and what didn’t. What Passed HB 7065...
Georgia Court: Insurer Can’t Deny Coverage Despite Misinformation on Application
Jun 27 2019 // An insurer that extended its workers’ compensation coverage for 90 days after discovering the employer had violated the terms of its policy could not then deny coverage for a claim on the grounds that those terms had...
Former Washington Agent Pleads Guilty to Writing Fake Auto Policies
Jun 26 2019 // Lilibeth Brulotte, a former Washington insurance agent, pleaded guilty in Pierce County Superior Court to third-degree theft in connection with writing fake auto insurance policies. Brulotte’s sentence was deferred...
Former Ohio Insurance Agent and Investment Adviser Gets 5 Years for Fraud Scheme
Jun 26 2019 // Former Dayton, Ohio-area insurance agent and investment adviser has been sentenced to five years in prison after being convicted of insurance fraud and conducting a “Ponzi” scheme targeting elderly...
BHSI Names QBE’s Walker as UK Head of Customer and Broker Engagement
Jun 26 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker as head of Customer and Broker Engagement. “I’m extremely pleased to have Mark...
Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia
Jun 26 2019 // Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019....
Specialty Broker Ed Expands to Bermuda
Jun 25 2019 // Reinsurance and specialty broker Ed said it has received regulatory approval from the Bermuda Monetary Authority for its new operation in Bermuda. Ed Bermuda will provide its multiline broking services through TradEd, its...
Ironshore Environmental Adds Contractors Pollution Liability Product to Online Portal
Jun 25 2019 // Ironshore Environmental has streamlined its Contractors Environmental Legal Liability (CELL) policy to be underwritten by broker partners through its online Quote & Bind Portal. The Ironshore CELL product responds to...
Lloyd’s Suspends Broker Over Harassing Email
Jun 25 2019 // Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email about a female employee and is planning to take similar action against a second person who...
North Carolina to Host Flood Insurance Conferences; Will Offer Agents CE Credits
Jun 25 2019 // The North Carolina Department of Insurance has set up five flood insurance conferences statewide between July and September designed to educate the public, insurance and real estate agents of the need to purchase flood...
Argo Deploys Insurtech Platform from AVYST to Streamline Risk Submissions
Jun 21 2019 // Argo Group International Holdings, the Bermuda-based specialty re/insurer, has adopted an insurtech platform that enables managing general agents, wholesalers and independent brokers to submit, quote and bind risks...
What to Expect in Agency Technology
Jun 21 2019 // To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
North Carolina Insurance Fraud Round-Up: May
Jun 21 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of May 2019. Insurance fraud costs American consumers approximately $80 billion a year. According to North Carolina...
Richer and Nichier: Steve Anderson Leads New Webinar on Insurance Journal
Jun 19 2019 // Denver, CO, June 19, 2019 – Steve Anderson, leading authority of insurance technology, productivity and profitability, returns to Insurance Journal with a new on-demand webinar, Richer and Nichier: How to Grow Big in...
Professional Insurance Agents of New Jersey Elects Blum President
Jun 18 2019 // Professional Insurance Agents of New Jersey (PIANJ) has elected Bruce Blum of Somerset, N.J., president at the association’s annual business meeting at Harrah’s in Atlantic City. Blum is owner of Blum &...
What to Expect from Florida’s AOB Reform Law Taking Effect July 1
Jun 18 2019 // The countdown is on for Florida assignment of benefits (AOB) reform that will take effect July 1, and the insurance industry is getting ready to respond to new requirements as a result of the law as well as evaluating how...
Webb Joins Independent Insurance Agents of Texas as Advantage Markets Director
Jun 17 2019 // The Independent Insurance Agents of Texas (IIAT) has added Lisa Webb as director of IIAT Advantage Markets. Webb has more than 30 years of experience in personal and commercial lines sales, management, training and claims...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
It’s Time to Redefine Agency Customer Experience
Jun 17 2019 // The term customer experience has become a catch-all, almost cliche phrase, even if its critical importance is undeniable. For agents, customer experience cannot be an abstract or ill-defined term if the goal is to have...
