Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023
Jun 27 2024 // Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024...
Specialist Risk Group Buys UK Specialist Schemes Broker, Strategic Insurance Services
Jun 26 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, has agreed to acquire UK specialist schemes broker, Strategic Insurance Services Ltd. (SISL), subject to regulatory approval. Financial details of the...
PCF Insurance Acquires Multiple Agencies, Benefits Platform
Jun 25 2024 // PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North...
Business Moves: Broker PCF Makes 4 Acquisitions in 4 States
Jun 25 2024 // Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi, and Iowa. “At PCF Insurance, we are committed to...
People Moves: Ayers Joins Risk Services–Leavitt Insurance Agencies
Jun 19 2024 // Kim Ayers Kim Ayers joined Risk Services – Leavitt Insurance Agencies, headquartered in Shreveport, Louisiana, as a commercial insurance agent. Ayers has worked in insurance for Leavitt Group since 2016, previously...
New Jersey Insurance Executive, Political Power Broker Charged With Racketeering
Jun 18 2024 // New Jersey Attorney General Matthew J. Platkin is charging a well-known New Jersey insurance executive and long-time Democratic political influencer with leading a criminal enterprise in the state for the past dozen...
Hiring Insurance Agents: The Secret to Cultivating Successful Producers
Jun 17 2024 // Having spent 15 years traveling across the country meeting principals, I’ve learned much about why some agencies are successful and others fail when it comes to acquiring and nurturing new producers. What I’ve...
Florida Insurance Agents Will Soon Need to Be Appointed With 3 Carriers Before They Can Sell Citizens’ Policies
Jun 17 2024 // Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid...
Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates
Jun 14 2024 // The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft Associates LLP and its sister company and appointed representative, Inspire Credit...
Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now
Jun 13 2024 // It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top...
Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly
Jun 13 2024 // A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of...
Insurance Broker Witness at Menendez Bribery Trial Faced Tough Cross-Examination
Jun 13 2024 // The prosecution’s prized turncoat witness at the bribery trial of U.S. Sen. Bob Menendez was politely combative Tuesday as defense lawyers tried to poke holes in his testimony and portray him as a habitual liar. Jose...
Artemis Risk Solutions Launches Insurance Brokerage, Names Executive Team
Jun 12 2024 // Artemis Risk Solutions, a recently formed insurance brokerage specializing in employee benefit solutions, property & casualty, and personal lines formally has announced its launch. Co-founded by industry veterans Clint...
Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners
Jun 11 2024 // Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that...
Carolina Insurance Agent Charged With Forging Life Insurance Policies on 16 People
Jun 7 2024 // North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people. Jonathan Michael Vlasak, 35, a licensed producer qualified to sell...
Maryland Governor Requires All State Agencies to Submit Climate Change Plans
Jun 7 2024 // State agencies in Maryland will be required to submit a plan to help address climate change and reduce greenhouse gas emissions, under an executive order signed by Gov. Wes Moore on Tuesday. The plan calls for all state...
Fort Myers Life Insurance Broker Charged With Policy Fraud, Misusing ID Info
Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information. Bryce Corey...
Broker Verlingue Launches Dedicated Construction Practice in UK
Jun 4 2024 // Chartered insurance broker Verlingue Ltd. has established a new dedicated construction practice to serve the UK’s fast-growing construction industry. The practice, led by Harvey Monk, sales director South, brings...
National Alliance for Insurance Education & Research Partners with BrokerTech Ventures to Launch a Foundational Insurance for Insurtech Professionals Course
Jun 3 2024 // Austin, TX., June 3, 2024 – In an innovative move to bridge the knowledge gap in the rapidly evolving insurance/insurtech landscape, The National Alliance for Insurance Education & Research has partnered with...
Exploring AI: Fascination with AI, Not Fear Will Drive Success for Independent Agents
Jun 3 2024 // I remember watching Michael Crighton’s “Westworld” in 1973. Two vivid impressions from that experience remain. The first was my date breaking my glasses when she screamed and threw her arms open during a...