Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
Why Insurance Marketing Reps Are Still Worth the Money
Mar 5 2019 // Here we go again — another cycle for having marketing representatives, or not. Let’s talk about the way it was and the way it is now. Actually, what was and what is now is basically the same as far as what a...
Former Washington Agent Jailed for Stealing Premiums
Mar 4 2019 // Donald W. Morgan, 67, of Bingen, Wash., pleaded guilty in Snohomish County Superior Court to a felony count of first-degree theft involving his former customers’ insurance premiums. He is serving 30 days in the...
Insurance Agencies’ Profitability Fell But Organic Growth Continued in 2018: Reagan
Mar 4 2019 // Independent insurance agencies just closed the books on a year in which profitability fell slightly but they continued to grow organically and each major line of business grew, according to the latest survey from Reagan...
The Power of Trust and the Value of an E&O Audit
Mar 4 2019 // I have been completing E&O audits for almost 25 years now. My first experience was one of the oddest because my trainer had me watch him complete 1.5 audits. Halfway through the second audit, he turned it over to me...
Virginia Honors Independent Agents for Efforts to Fill Flood Insurance Gaps
Mar 4 2019 // The Virginia House of Delegates passed a joint resolution that would designate the first full week in March each year as Trusted Choice Independent Insurance Agents Week beginning in 2019. HJ 703, introduced by Del. Buddy...
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Mar 4 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...
California Insurance Agents Arrested for Stealing from Clients
Mar 1 2019 // Investigations by the California Department of Insurance led to the arrests of insurance agents who allegedly stole tens of thousands of dollars from clients and failed to place insurance coverage for those clients. Maria...