Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents
Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today. With 16...
Expert Sees a ‘Strong Need’ for Insurance for Cannabis Industry
Dec 3 2018 // Powered by InsuranceJournal.tv There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who...
Will California See More Laws and Regulations in Wake of Wildfires?
Dec 3 2018 // Last year’s California wildfires destroyed thousands of homes and cost billions of dollars, but they also created numerous new laws and regulations in their wake as Legislators and insurance regulators looked for...
How States Differ in Responding to Coverages and Their Application
Dec 3 2018 // I have done a tremendous amount of errors and omissions (E&O) work over the years, including serving as approved and accredited auditor for two major E&O carriers, a certified E&O instructor, an author of an...
Insurance Brokers Sharing in the Sharing Economy
Dec 3 2018 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
What Agents Should Know About Cryptocurrency
Dec 3 2018 // Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there are not many insurers willing to write it. Before jumping in, agents would be wise to...
Pennsylvania Agencies Praise Passage of ‘Patient Brokering’ Provision in Federal Opioid Law
Dec 3 2018 // Officials from the Pennsylvania Department of Drug and Alcohol Programs and the Insurance Department have commended U.S. Congress for including a patient brokering provision in the recently passed Substance Use Disorder...
Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California
Nov 29 2018 // A new insurtech wants to provide pay-as-you-go workers’ compensation to as many small businesses in California as possible, and it hopes to use the momentum it’s built following a quiet launch in the East...
What Insurers Want and Get from Insurtech Partnerships
Nov 29 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...
J.M. Wilson Adds Vansyckle in Wisconsin
Nov 28 2018 // Managing general agency and surplus lines broker J.M. Wilson has hired Landen VanSyckle as sales and agency relations specialist in its Madison, Wisconsin, office. VanSyckle will be the primary resource and liaison for...
Analysts Weigh Chances Next Congress Will Actually Reform Flood Insurance
Nov 28 2018 // With the clock ticking on the National Flood Insurance Program’s authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of several routes:...
J.M. Wilson Announces Promotions, New Hires in Transportation Unit
Nov 27 2018 // Managing general agency and surplus lines broker, J.M. Wilson, has made a number of personnel changes in its transportation department with promotions and new hires in the Midwest. Josh Mauk was promoted to senior...
Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the...
Big I New York Appoints Hobson as Director of Government Relations
Nov 27 2018 // Big I New York, the state’s oldest insurance producer trade organization, has appointed Scott W. Hobson as its director of government relations. In this role, Hobson is responsible for developing and advancing Big I...
Report by 13 U.S. Agencies Warns of Dire Economic Effects from Climate Change
Nov 25 2018 // As California’s catastrophic wildfires recede and people rebuild after two hurricanes, a massive new federal report warns that these types of disasters are worsening in the United States because of global warming....
London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1
Nov 20 2018 // The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform. Beazley Syndicate 3623 topped the league...
What Agents Should Know About Cryptocurrency Insurance Market
Nov 19 2018 // Powered by InsuranceJournal.tv Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there are not many insurers willing to write it. Before jumping in,...
Independent Agents Post Highest Growth Rate in Past 15 Quarters: Reagan Consulting
Nov 19 2018 // Independent insurance agents and brokers can celebrate a four-year growth trend, according to Reagan Consulting. In its third-quarter Organic Growth and Profitability (OGP) study, the agency consultant says that the...
AFL Insurance Brokers Finds Cultural Fit with U.S. MGA Zodiac
Nov 19 2018 // AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the perfect partner when it purchased Zodiac Insurance Services, which specializes in...
People
Nov 19 2018 // Jackson Sumner & Associates (JSA) has hired Adam Winfree as the company’s Virginia marketing representative. Winfree joins the company as a 13-year veteran of the insurance industry, having worked previously as...
