Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
J.M. Wilson Adds Lewton, Arens in Indiana
Jul 16 2019 // Managing general agency and surplus lines broker, J.M. Wilson, has added Matt Lewton as transportation underwriter and Tyler Arens as assistant transportation underwriter in its Carmel, Indiana, office. Lewton is...
3 New African Affiliates Join Brokerslink Global Network
Jul 15 2019 // Global insurance broking business Brokerslink announced three new African affiliates have joined its global broker network bringing its presence across the Middle East and Africa region to 36 countries. The new affiliates...
EC3 Brokers Expands in U.S., Adding Norris, Holley in Dallas
Jul 15 2019 // EC3 Brokers US has expanded with the appointments of James Norris as chief actuary and Terry Holley as senior vice president. Norris and Holley are based in Dallas. They will report to Chris Hilton, president of EC3...
Miami Insurance Agent Arrested in $1.7M Fraud Scheme
Jul 15 2019 // A former Miami insurance agent has been arrested for allegedly stealing more than $1.7 million in insurance premiums from two insurance premium finance companies, according a statement from Florida CFO Jimmy...
Georgia Court: Insurer Can’t Deny Coverage Despite Misinformation on Application
Jul 15 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...
What Is Your Agency’s Sales Strategy?
Jul 15 2019 // Sales are the lifeblood of any business. So, one would think that each company will have a well-thought-out sales strategy. The reality is that most insurance agencies have, at best, a general outline of a sales strategy....
The Potential of Artificial Intelligence
Jul 15 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...
At NCOIL, Anti-Rebating Debate Ponders Fitbits and Free Turkeys
Jul 13 2019 // Is a free turkey a rebate? That was the question from Idaho Insurance Director Dean Cameron that stumped the experts. One of the more interesting debates of the National Council of Insurance Legislators’ summer...
New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group
Jul 12 2019 // New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd. Financial details of the transaction, which closed on July 2, were not disclosed. Based...
California Regulators Seek to Curb Misinformation About Earthquake Insurance
Jul 12 2019 // The recent earthquakes that pummeled neighborhoods in Ridgecrest and Trona in Southern California have led to reports that some insurers and agents may be declining to write earthquake policies in various areas of the...
Georgia Makes 49 Insurance Fraud Arrests in First Half of 2019
Jul 11 2019 // Agents from the Georgia Department of Insurance Fraud Investigations Division made 49 arrests in the first half of 2019 and are set to pass the total number of arrests from last year (60) in just the third calendar...
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines
Jul 10 2019 // Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines, an independently owned wholesale insurance brokerage. Houston Surplus Lines team will...
Nationwide Offers Independent Agents a Commercial Insurance Digital Storefront
Jul 9 2019 // Giant insurer Nationwide is partnering with an insurtech in an effort to speed up its product underwriting for commercial lines property/casualty agents. The technology Nationwide is deploying was developed by Ohio-based...
ProWriters Adds New Companies, Features to Cyber Coverage Platform
Jul 9 2019 // ProWriters Insurance Services has added CFC Underwriting Ltd. and insurtech startup At-Bay writing on Hartford Steam Boiler paper to its Cyber IQ platform. ProWriters introduced its Cyber IQ platform comparative rating...
Consultant Sees Larger, Fewer P/C Insurance Agencies Going Forward
Jul 9 2019 // There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused executive at the consulting...
Brokerslink Bolsters Presence in Asia with Addition of 3 New Affiliates
Jul 8 2019 // Global broking business Brokerslink has bolstered its presence in Asia with the addition of three new affiliates in the region. South Korean LK Insurance Services, Malaysia-based State Insurance Services and John Foord in...
The Value to Insurance Agencies of Value-Added Services for Clients
Jul 8 2019 // Let’s face it, insurance is a commodity. The insurance consumer will not see any significant value difference between insurance companies and insurance agencies. Products, price and service are roughly the...
Agency Data Ownership Can Be Tricky in Age of Texting
Jul 3 2019 // In a column last year on messaging, I talked about the value of a secure means for agents to text prospects, policyholders and insurers and the number of messaging apps and companies offering messaging services. Apps such...
Kurtz Named Independent Insurance Agents of Texas’ Young Agent of the Year
Jul 3 2019 // The Independent Insurance Agents of Texas (IIAT) has named Wes Kurtz of Pathfinder/LL&D in Houston as its André P. Juneau ELITExan of the Year. This award is given annually to a young insurance professional in Texas...
Commentary: Surplus Lines Support Florida’s Vibrant Insurance Market
Jul 3 2019 // The Sunshine State is one of the top three consumers of surplus lines insurance in the country. As Florida focuses on attracting jobs and welcoming opportunity, the surplus lines insurance industry is helping the...
