Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

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...

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...