Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Ohio Insurance Market at a Glance
Dec 17 2018 // With $84 billion in premium volume, Ohio is the 19th largest insurance market in the world and the seventh largest in the United States, the state’s insurance department says in its annual report for 2018. Ohio...
Special Report: The Industry Industry Gives Back
Dec 14 2018 // Safety National Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In...
AnaCap Equity Firm to Sell French Broker AssurOne Group
Dec 14 2018 // AnaCap Financial Partners, a private equity firm, has agreed to sell French insurance broker AssurOne Group to Societe Centrale Prevoir SA, an asset management firm based in Paris. AOG specialises in online distribution...
Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise
Dec 14 2018 // Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages,...
How Different Generations of Business Owners Feel About Insurance Agents
Dec 13 2018 // Millennial business owners are more likely to work with insurance agents than those in other generations. What’s more, they’re seeking agent counsel on a variety of financial issues, according to...
Austin Agents, Texas Surplus Lines Assoc. Donate $2,775 to Food Bank
Dec 13 2018 // The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts in December to collect food and money for the Capital Area Food Bank located in Austin, Texas. At the IIAA Christmas...
Rhode Island Equine Insurance Agent Pleads Guilty in $1.3M Fraud Scheme
Dec 13 2018 // A Rhode Island insurance agent and agency owner who specializes in providing equine insurance coverage has admitted to operating schemes which defrauded customers, insurance companies and finance companies of approximately...
Spicer Joins Oklahoma Agents Group as Workers’ Comp Program Account Manager
Dec 13 2018 // Nikki Spicer has joined the Independent Insurance Agents of Oklahoma (IIAO) as the association’s new workers’ compensation program account manager. She will be working alongside Susan Starr and is replacing...
Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking
Dec 12 2018 // Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance...
Florida-Based Broker Coin Re Taps Barbican’s Crichton as EVP in London
Dec 12 2018 // Florida-based catastrophe reinsurance broker COIN Re has appointed global property reinsurance professional Andy Crichton as executive vice president, effective Dec. 7, 2018. Crichton will be based in London, England,...
AXA XL’s E&S Casualty Insurance Names 2 U.S. Product Leaders
Dec 12 2018 // AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly...
Michigan’s Kaufman Group Named a BEST for Workplace Training and Development
Dec 11 2018 // The employees and agent/broker clients of Farmington Hills, Michigan-based H.W. Kaufman Group may be pleased but not surprised to learn that the specialty insurance organization has been recognized as one of the best in...
Firms Increasing Investments in Michigan Insurance Brokerage, Acrisure
Dec 10 2018 // Three firms are increasing their investments in Acrisure LLC, the Caledonia, Michigan-based insurance brokerage announced. Acrisure said a group of investors led by funds managed by Blackstone’s GSO Capital Partners...
Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
Dec 10 2018 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers...
CEO Legrand Exits Brokerslink
Dec 7 2018 // Global broking network Brokerslink announced the departure of Jacqueline Legrand as chief executive officer. After six years based in Europe, Legrand has resigned from her position to return to New York to take on a new...
Gallagher Acquires UK Commercial Broker Pavey Group
Dec 7 2018 // Global insurance broker Gallagher has acquired commercial insurance broker Pavey Group Holdings in the southwest UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey Group was...
Curti Elected to National Assoc. of Professional Insurance Agents Executive Committee
Dec 5 2018 // Anthony (Tony) Curti, a partner with Acrisure LLC in Caledonia, Michigan, and a member of the Michigan Association of Professional Insurance Agents (MIPIA), has been elected to the executive committee of the National...
JenCap Holdings to Acquire Risk Innovations of Atlanta
Dec 5 2018 // JenCap Holdings LLC (JCH), a specialty insurance business, will acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed. Risk...
How Insurance Broker A.J Gallagher Cleans Up on Clean Coal Subsidies: Reuters
Dec 5 2018 // Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth...
Florida Insurance Agents Improvise to Stay Connected During Hurricane Michael Recovery
Dec 5 2018 // The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle the story isn’t over – personally or professionally. “We all still feel like...
