Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Momentum Grows for Electronic Placement of Risks Among London Brokers: LIIBA
Apr 3 2019 // Momentum is building in the London market for wider adoption of electronic placement of risks, said the London and International Insurance Brokers’ Association (LIIBA), which announced that more than 100 of its...
Hub International Acquires Canada Broker Del Fisher Insurance
Apr 3 2019 // Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Del Fisher Insurance Inc. Terms of the transaction were not disclosed. Based in Calgary, Alberta, Canada, Del Fisher Insurance is...
Beazley Adds Products to Broker E-Trading Platform for UK Businesses
Apr 2 2019 // Beazley has added two new product lines to broker e-trading platform myBeazley to meet the needs of UK-domiciled private businesses with a turnover of up to £350 million (US$457.8 million). UK brokers can now access...
UK Broker Price Forbes Taps Hewett from JLT as Leader of Sharing Economy Practice
Apr 2 2019 // Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice. Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in...
Last Chance: Take the 2019 Young Agents Opinion Survey Today
Apr 1 2019 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
EPIC Adds Knight, Smiley in Atlanta
Apr 1 2019 // EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has added two senior vice presidents in its Atlanta office. Chris Knight has joined EPIC’s...
Lockton, Children’s Bureau Honored by Insurance Industry
Apr 1 2019 // Service was at the heart of Timothy J. Noonan’s main message. The Lockton Cos. president and CEO was talking about the service insurance professionals give to their clients and about the service the industry gives to...
How Errors & Omissions Lawsuits May Change
Apr 1 2019 // Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters...
Insurance Industry Facing Competitive Labor Market
Apr 1 2019 // Like other industries today, the property/casualty insurance industry is facing a highly competitive job market as it strives to fill positions needed to grow. The unemployment rate for the insurance industry is 1.7...
New Flood Insurance Rule from Bank Regulators a Win for Consumers, Agents and Brokers
Apr 1 2019 // If Implemented Wisely, Flood-Exposed Properties Could Benefit from Expanded Market While lawmakers continue their struggle to agree on the long-term reauthorization of the financially burdensome National Flood Insurance...
Agencies Looking for New Talent Have Their Work Cut Out for Them
Apr 1 2019 // Newsflash to insurance agency owners seeking to onboard new employees: Expect to have to pay more, offer more and train more. Those trying to hire probably know that already. “What we’re seeing in particular in...
People
Apr 1 2019 // National Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs...
Today’s Hot Markets
Apr 1 2019 // Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and...
8 Things to Consider When Buying or Selling an Insurance Agency
Apr 1 2019 // Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger...
A Mix of Flood Insurance Reforms
Apr 1 2019 // Conservation, CarFax-Like Disclosure, Means-Test for Rates Up for Discussion The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government. If...
In Their Own Words: Why Producers Change Jobs
Apr 1 2019 // Q: We have a zillion newbies and plenty 50-plus year old veteran producers. I’ve tried the out-of-industry route. Frankly, my agency isn’t good at training. I want experienced, ‘hit the ground...
Miami Insurance Agent Arrested for Stealing $620K in Premiums
Mar 29 2019 // A former licensed insurance agency owner was arrested in Florida after allegedly stealing more than $620,000 in insurance premiums, according to a statement from Florida Chief Financial Officer (CFO) Jimmy...
North Carolina-Based AmWINS Group Names Kiley as SVP
Mar 29 2019 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alycia Kiley as senior vice president at the company, focused on building strategic partnerships with the firm’s retail...
Supreme Court May Overturn Tradition of Courts Deferring to Regulatory Agencies
Mar 28 2019 // The U.S. Supreme Court’s conservative justices expressed doubts about a precedent that business groups and the Trump administration say gives federal agencies too much power to change regulations without notice. In...
N.Y. Cyber Reg: A Third-Party Service Provider Compliance Framework
Mar 27 2019 // This writing presents a framework that if adopted by insurance agencies and carriers could simplify and minimize the cost of complying with the New York Department of Finance Regulation 23 NYCRR Section 500.11...
