Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Specialist Re/Insurance Broker THB’s Completes Leadership Transition for Europe Division
Jan 31 2019 // THB, the London-based specialist insurance and reinsurance broker, confirms the completion of its THB Europe leadership transition. Joaquim Caria retires today as managing director of THB Europe, which was first announced...
Private Equity Again Drove Agency M&As in U.S., Canada in 2018: OPTIS
Jan 29 2019 // Mergers and acquisitions of insurance agents and brokers last year broke several records in 2018, with private equity/hybrid buyers accounting for 68 percent of the total. According to consultants at OPTIS Partners’...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, Distracted Driving
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Arlington/Roe Finalizes Acquisition of Wisconsin Surplus Lines Broker
Jan 28 2019 // Indianapolis-based managing general agent and wholesale insurance broker Arlington/Roe & Co. has completed the acquisition of Robert W. Schmidt & Company LLC, a special risk broker located in the Milwaukee suburb...
Martinez Joins Worldwide Facilities Marine as Broker in Los Angeles
Jan 25 2019 // Worldwide Facilities Marine, a division of Worldwide Facilities, national wholesale insurance broker, managing general agent and program underwriter, has added Kelly Martinez to the Los Angeles team as a broker. Martinez...
Progressive Takes Aim at Multi-Line Insurers
Jan 25 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 last...
Shelton Retiring as Executive Director of Houston Insurance Agents Group
Jan 24 2019 // The Independent Insurance Agents of Houston announced that IIAH Executive Director Carole Shelton has decided to retire from her position effective March 15th. Shelton has played a major role in the organization for over...
Use Social Media to Engage Customers While Enhancing Your Other Advertising Programs
Jan 23 2019 // Struggling to Engage Customers? If you are like many insurance agencies, you might be struggling to figure out how social media can help engage your customers while enhancing your other advertising programs. As an...
Former Iowa Agent Convicted of Insurance Fraud
Jan 23 2019 // A former Iowa insurance agent has been convicted of insurance fraud following an insurance fraud investigation by the Iowa Insurance Division’s Fraud Bureau. The division reported that Joy Marie Heldt, age 48, of...
Commodities Broker Files $284M Suit Alleging Metals Fraud – in Echo of Natixis/Marex Case
Jan 23 2019 // Broker ED&F Man has filed a $284 million lawsuit against two Hong Kong companies, alleging that they knowingly provided fraudulent warehouse receipts for nickel stored in Asia, court documents show. The two Hong Kong...
Who Owns Your Data?
Jan 21 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...
Who’s Investing in the Agency System
Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...
Industry Trends to Exploit for 2019
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
Brightway Goes ‘All In’ on Independent Agents, Unveils No-Cost Path to Agency Ownership
Jan 21 2019 // On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled...
People
Jan 21 2019 // John Doyle, president and CEO of global insurance broker Marsh, announced the appointments of key leaders for regional, specialty and placement teams worldwide that will be effective upon closing of the acquisition by...
Number of Licensed Agents, Agencies Grew in Arkansas Last Year
Jan 21 2019 // There was a 10.8 percent increase in insurance agent licensure in Arkansas in 2018 over the previous year, as well as an uptick in the licensing of insurance businesses, the state insurance department announced. At the end...
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule
Jan 18 2019 // The U.S. Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20...
Rich Joins EPIC Insurance Brokers in Houston
Jan 17 2019 // EPIC Insurance Brokers and Consultants has added Brandon Rich in its property/casualty practice in Houston as a client advocate, reporting to EPIC’s Southwest Region Managing Principal and Director KJ Wagner. Rich...
Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services
Jan 17 2019 // Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in Bloomingdale, Illinois. Founded in 1980 by Karen Izzo, Izzo Insurance...
New Zodiac Insurance D&O Policy Targets Small Global Financial Institutions
Jan 17 2019 // Lloyd’s broker AFL Insurance Brokers Ltd’s independent USA managing general agent subsidiary Zodiac Insurance Services has launched directors and officers (D&O) capacity for the small global financial...
