Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
ProWriters Launches Online Cyber Insurance Portal
Nov 16 2018 // ProWriters has launched Cyber Insurance Portal exclusively for insurance agents and brokers that is designed to streamline the insurance comparison process by allowing brokers to instantly compare rates for their clients...
Insurance Agent at Heart of Heartbreaking California Wildfire
Nov 14 2018 // Derek Ross has his hands full with the Woolsey Fire in Southern California for three reasons. He’s an insurance agent with numerous clients affected, he’s the president of the board of a school district...
Will California See More Laws and Regulations in Wake of Wildfires?
Nov 13 2018 // Powered by InsuranceJournal.tv 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...
How Independent Agents Fared in 3Q and the Past 4 Years
Nov 9 2018 // Independent insurance agents and brokers can celebrate a four-year growth trend, reports Reagan Consulting. in its third-quarter Organic Growth and Profitability (OGP) study, the agency consultant says that the...
Hub International Buys Canadian Broker Kuokoa Enterprises Inc.
Nov 9 2018 // Hub International Limited, the Chicago-based insurance broker, announced that it has acquired the assets of Kuokoa Enterprises Inc. Terms of the transaction were not disclosed. Located in Edmonton, Alberta, Canada, Kuokoa...
Texas Agents Group, Wingman Insurance Partner on Cyber Liability Coverage
Nov 8 2018 // The Independent Insurance Agents of Texas (IIAT) has entered an exclusive partnership with Wingman Insurance for cyber liability coverage. IIAT members can now access the Wingman Cyber online platform to provide cyber...
Illinois Supreme Court Sides with Agent in Policy Dispute
Nov 8 2018 // The Illinois Supreme Court has agreed with an insurance agent’s argument that under state law insureds have two years from the date an insurance policy is issued to file suit against an insurance producer alleging...
Hub International Acquires Saskatchewan-Based Tri-Line Agencies
Nov 8 2018 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Tri-Line Agencies Inc. Terms of the transaction were not disclosed. Tri-Line Agencies is a full-service, independent...
Insurtech Profile: Broker Buddha Simplifies Agents’ Lives with Smart Forms
Nov 8 2018 // Many insurtechs find one problem and try to solve it. Broker Buddha is among them. This platform takes static PDF insurance carrier applications and converts them into interactive online smart forms that agents and their...
Marsh & McLennan’s $5.6B Acquisition of Broker JLT Gets Shareholder Nod
Nov 7 2018 // Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc has been approved by JLT’s shareholders. Of those shares voted, 99.9 percent voted...
AIG Finalizes Acquisition of Program Manager Glatfelter Insurance
Nov 7 2018 // American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in September. The addition is a key element in AIG’s strategy to reposition...
Gallagher Buys Majority Stake in UK Property-Owners’ Broker Vasek Insurance
Nov 7 2018 // Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd. The...
Former California Insurance Agent Arraigned on 40 Felony Grand Theft Counts
Nov 6 2018 // Anna Gabriela Garcia, 46, of Capistrano Beach, Calif., was arraigned and charged with 40 felony counts of grand theft after allegedly collecting premium payments from customers and diverting the funds of over $195,000 for...
Michigan Fines Agent $25K, Revokes License in Auto Insurance Fraud Case
Nov 6 2018 // A Michigan agent has been fined $25,000 and had his insurance license revoked after an investigation revealed he had been creating and selling fake auto insurance certificates, the state’s insurance regulators...
Simpson Joins EPIC Insurance Brokers in Houston
Nov 6 2018 // Bob Simpson has joined EPIC Insurance Brokers and Consultants in Houston as director, Communications and Engagement (C&E), to lead EPIC’s C&E practice nationally. Simpson’s responsibilities will include...
Motel 6 Pays $7.6M to Settle Class Action Over Giving Guest Lists to Immigration Agents
Nov 6 2018 // Motel 6 will pay up to $7.6 million to Hispanic guests to settle a proposed class-action lawsuit claiming that it violated their privacy by regularly providing guest lists to U.S. Immigration and Customs Enforcement (ICE)...
U.S. Agencies Split Over Cell Phone Cancer Risk
Nov 6 2018 // Two U.S. government agencies are giving conflicting interpretations of a safety study on cell phone radiation: One says it causes cancer in rats. The other says there’s no reason for people to worry. No new research...
Rhode Island Agent Who Offers Equine Insurance Faces Fraud Charges
Nov 5 2018 // A Rhode Island insurance agent who prosecutors say specializes in providing insurance on horses has been arrested on federal charges. The U.S. Attorney’s office in Providence says 57-year-old Randall Levesque, of...
Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways
Nov 5 2018 // Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser,...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk
Nov 5 2018 // Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate...
