Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
How Workers’ Comp Brokers Can Increase Commissions by 81%
Mar 18 2019 // Workers’ compensation brokers frequently overlook a risk-free method to nearly double their commissions while improving their client’s overall financial position. The use of a captive insurance company to...
Progressive Looks to Lead the Pack of Multiline Insurers
Mar 18 2019 // With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the greatest disruption is coming from within. Following the past...
New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market
Mar 15 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
Report: North Carolina Agencies Pay Millions in Insurance, Tax Funds to Quell Lawsuits
Mar 15 2019 // In June 2005, a 63-year-old woman was thrown from a tram at the North Carolina Zoo in Asheboro. The vehicle tipped over onto her, seriously injuring her shoulder and requiring years of treatment. The state paid out $85,000...
Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit
Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...
North Carolina Insurance Fraud Round-Up: January, February
Mar 13 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to...
Rhode Island’s Starkweather & Shepley Insurance Brokerage Hires Hornsey
Mar 12 2019 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has hired Shikha Hornsey as chief information officer based in East Providence, R.I. Hornsey will be responsible for formulating organizational growth through...
Former Texas Agent Gets 5-Year Sentence for Selling Fake Insurance Policies
Mar 11 2019 // A San Antonio woman pleaded guilty to fraud after a Texas Department of Insurance (TDI) investigation found she pocketed money from clients who thought they were buying home policies. Cynthia Olague, a former insurance...
Lockton Expands Reinsurance Brokerage Globally; Hires 3 Guy Carpenter Executives
Mar 11 2019 // Global insurance broker Lockton has formed a global reinsurance business, Lockton Global Re, and hired several Guy Carpenter executives as part of its leadership team. In addition to Lockton CEO Ron Lockton, the leadership...
How One Agent Adopted a Nonprofit Niche
Mar 8 2019 // Phillip Hawley, president of Hawley & Associates in Bellevue, Wash., understands the power of referrals in the nonprofit insurance world. His entire agency’s book of business took root with nonprofit referrals...
How to Serve Today’s Nonprofit Insurance Market
Mar 8 2019 // Nonprofits are a lot like most insurance clients. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their mission. But they also seek agents who...
IIAV Names Bragg as Director of Membership & Marketing
Mar 8 2019 // After more than 25 years in the insurance industry, Donald Bragg has joined the Independent Insurance Agents of Virginia as the director of Membership & Marketing. Bragg comes to IIAV with experience in both personal...
Alliant Subsidiary, Tribal First, Acquires Canada’s AFN Insurance Brokers
Mar 8 2019 // Tribal First, a division of Alliant Underwriting Solutions, has acquired Ottawa, Canada-based AFN Insurance Brokerage. Financial details of the transaction were not disclosed. The acquisition pairs AFN Insurance Brokerage,...
EPIC Insurance Brokers and Consultants Hires Sames in New York
Mar 6 2019 // EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has hired John Sames to its Northeast region leadership team as director of operations and...
ChainThat to Launch Blockchain-Driven Re/Insurance Risk Exchange in Bermuda
Mar 6 2019 // A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and insurance companies...
Aon Will Not Pursue Merger with Willis Towers Watson
Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the...
The Liberty Company Insurance Brokers Welcomes Paul R. Lopez
Mar 6 2019 // Irvine, CA, March 6, 2019 – The Liberty Company Insurance Brokers, one of the fastest growing privately held agencies in Los Angeles, is pleased to announce and welcome Paul R. Lopez as Vice President of...
Jordan Named President, CEO of Atlanta-Based Breckenridge Insurance Group
Mar 6 2019 // Breckenridge Insurance Group has appointed David A. Jordan as president and chief executive officer of the wholesale insurance brokerage, programs and financial services company. Jordan succeeds founder and former CEO...
New York Regulator Subpoenas Insurance Broker About Trump Organization
Mar 5 2019 // New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former...
Update: Aon Considers Bid to Buy Willis Towers Watson
Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with...
