Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
THB UK Risk Solutions Adds 2 Motor Fleet Brokers
May 7 2018 // THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has named two new motor fleet brokers, bolstering its new business team. Kevin Searle, joining from Wrightsure, and...
People
May 7 2018 // Western Growers Insurance Services has added Paul Barry and Kris Hansen in California. Barry joins the insurance services team as a sales executive, bringing more than 10 years of sales experience. Barry will focus on...
The Technology Gap: Can Agents Keep Up?
May 7 2018 // As predicted in the last Tech Talk column, there is reason to cheer a bit about the findings of the just-released 2018 Insurance Digital Transformation Study. Clear progress has been made as agents work toward mastery of...
How Agencies Grow Today: Channel Harvest Survey
May 7 2018 // When it comes to business growth, agents have their eyes on the same prize but different ideas about how to secure it. That’s one of the key findings of “Agent Voices 2018,” a soon-to-be-released report...
People
May 7 2018 // Associated Agencies Inc. in Rolling Meadows, Illinois, has hired Talicia Bashford as chief operating officer, a newly created position. Bashford will focus on overall operations and several areas of opportunity, including...
What If Tech Companies, Carriers Conspire to Denigrate Consumer Protections and Agency Value?
May 7 2018 // Here’s to ruffling feathers: Indeed, entities do exist in the insurance industry that do not look after their customers adequately. Carriers also exist that scrimp on claims, and some take shortcuts in underwriting,...
American Family, Main Street America Reveal Plan to Merge
May 4 2018 // Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group will pursue a merger, the companies announced today. The combined equity of the merged entities is expected to be more than $9...
New York Fines Lockton Over NRA Insurance; Continues Probe of Other Players
May 3 2018 // Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New York that officials say violate several state laws. The settlement with Lockton is the...
Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages
May 1 2018 // Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The registry will use blockchain...
Arkansas Suspends Licenses of Agent, Agency in Insurance Fraud Investigation
Apr 30 2018 // Arkansas has suspended the insurance licenses of an agency and its owner amid allegations of insurance fraud totaling more than $1 million. The Arkansas Insurance Department reported that Insurance Commissioner Allen Kerr...
Worldwide Facilities Completes Acquisition of Sullivan Group
Apr 27 2018 // Worldwide Facilities has completed its acquisition of Gerald J. Sullivan & Associates, a national specialty intermediary that trades as The Sullivan Group. Worldwide Facilities acquired all of the outstanding capital...
Alex Rinehart Named Director of P&C Operations of Breckenridge Insurance Services
Apr 27 2018 // Atlanta, GA, April 27, 2018 — Breckenridge Insurance Services announced the promotion of Alex Rinehart to the director of property and casualty operations. As a senior vice president and broker—and former head of...
IRS Asked to Clarify Trump Tax Deduction for Pass-Through Businesses
Apr 26 2018 // The Republican tax law’s new deduction for pass-through businesses, intended to help small businesses, was “ill thought through” and will end up benefiting the wealthy, experts told the U.S. Senate...
The Lowdown: For Agents – The Latest on Cyber Predictions & Myths
Apr 25 2018 // This week’s Lowdown features two informative reports, the current State of Cybercrime, by RSA and Top Myths of Cyber Risk for Small & Medium-Sized Businesses, by Relation. Combined, these two reports offer you...
Brightway Insurance Opens New Agencies in Florida, South Carolina
Apr 25 2018 // Brightway Insurance is continuing its expansion across the country with the opening of two new stores in Florida and South Carolina: Jeff Howard has opened Brightway, The Howard Agency in Charleston, S.C. Troy Novotny has...
Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents
Apr 24 2018 // The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in...
Business Risk Partners Teams With Aspen on Agents Professional Liability Coverage
Apr 20 2018 // Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited. The...
How Insurance Brokers, Risk Managers View the Political Dysfunction in Washington
Apr 20 2018 // Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes that the program expires July 31, right in the middle of hurricane season. That...
New York’s PIA Management Services Hires Lachut
Apr 20 2018 // PIA Management Services Inc. has hired Bradford J. Lachut as director of Government and Industry Affairs for the five PIA state affiliates managed by the Glenmont, N.Y.-based group. Lachut previously served as PIA’s...
Louisiana Auditor: State Spent $5M on Sexual Harassment Lawsuits
Apr 19 2018 // Louisiana has spent more than $5 million on lawsuits involving sexual harassment claims since 2009, the state’s legislative auditor said in a new report released Tuesday on the eve of debate on bills targeting sexual...
