Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Hub International Acquires Canadian Broker Kindersley Insurance
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Caldiero Joins Worldwide Facilities as VP in Los Angeles
Feb 9 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has hired Klayton Caldiero to serve as vice president in its Los Angeles office. Caldiero started his insurance career in 2001 as a...
Ohio Collects more than $20M in Past Due Taxes from Insurance Agents
Feb 9 2018 // A state of Ohio program established to collect past due taxes from insurance agents has surpassed the $20 million threshold, Ohio Department of Insurance Director Jillian Froment announced. The vast majority of the nearly...
Brokerslink Appoints Legrand as CEO, Succeeding Fonseca
Feb 9 2018 // Brokerslink announced the appointment of Jacqueline Legrand as CEO, succeeding José Manuel Fonseca, who is stepping back to focus his efforts on managing the growth of MDS Group, a Brokerslink reference shareholder, of...
AmWINS Completes Acquisition of Seacoast Brokers, Trident Claims Management
Feb 7 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC. Seacoast is a personal...
Wholesale Broker, Method, Adds Singh, Talcott in Nebraska
Feb 7 2018 // Omaha, Nebraska-based wholesale insurance broker and specialty workers’ comp program administrator Method has added two new associates to continue strengthening its talent pool. Natasha Singh has more than 15 years...
XL Catlin Enhances Aviation Insurance Online Platform
Feb 7 2018 // XL Catlin has enhanced its online P&B aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers. According to Eric Donofrio, North America regional manager of XL Catlin’s...
Digital Commercial Insurance Broker Platform Indio Raises $6 Million
Feb 6 2018 // Indio Technologies, a digitized commercial insurance platform for agents and brokers, said it has raised $6 million in Series A financing, led by 8VC, to expand the capabilities of Indio’s digital platform and...
gotoPremiumFinance and Jetfile Answer the Demand for Instant, Paperless Insurance Billing
Feb 6 2018 // Woodland Hills, CA, February 6, 2018- gotoPremiumFinance and Jetfile Technologies, Inc. are pleased to announce the formation of a partnership that will provide the first integrated and completely paperless point-of-sale...
Alabama Supreme Court Rejects Concert Injury Suit Against Booking Agent
Feb 6 2018 // The Alabama Supreme Court says a man can’t go forward with his lawsuit against a company involved in booking a death metal concert where he was injured. The justices on Friday blocked a lawsuit against the Los...
The Hartford Adds Employee Benefits, E&S Options to Small Business Online Quote System
Feb 5 2018 // The Hartford has enhanced ICON, its online quoting system for agents and brokers, to include access to quote employee benefits as well as excess and surplus (E&S) coverage for their small business customers. Employee...
Hub International Caught Up in $42M Lawsuit by South Carolina School District
Feb 5 2018 // A South Carolina school district has sued an insurance brokerage and several insurance companies, saying the district was sold excessive policies and charged too much. The Berkeley County School District filed suit in U.S....
Still an Uphill Climb for Commercial Auto Market
Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...
The Competitive Advantage: The Value of an Employee Handbook
Feb 5 2018 // Most small agencies, and quite a few middle-to-large agencies, lack a current employee handbook or at least one of quality. Honestly, day-to-day, an employee handbook really is not that important, especially with just a...
Compliance or Opportunity? Understanding Cyber Security in Health and Human Services Sector
Feb 5 2018 // If you live outside of New York State and haven’t heard of the New York State Department of Financial Services 23 NYCRR Part 500 (DFS 500), you should pay very close attention. Earlier this year, New York implemented...
2017 Yields Highest Recorded Number of Announced Deals: MarshBerry
Feb 5 2018 // The number of announced U.S. insurance broker deals in 2017 was the highest in recorded history, at 536. This year also had the highest number of deals closed in the fourth quarter since 2012 (when the capital gain tax...
Insurance Agency M&As Soared 31% in 2017: OPTIS
Feb 5 2018 // Mergers and acquisitions of insurance agencies last year broke all records in 2017, according to OPTIS Partners’ annual report. The OPTIS database recorded 604 deals in the United States and Canada in 2017, a 31...
Why Independent Agents Remain Alive and Well
Feb 5 2018 // When I began my career as a journalist covering the insurance industry back in 1981, many of my early stories reported on dire warnings in a series of studies and expert pronouncements predicting the imminent demise of the...
Bringing the Next Generation into the Fold
Feb 5 2018 // Time and again, I hear that our industry lacks young talent. I read that millennials are entitled, and I watch people characterize insurance agencies as dull. I beg to differ with it all. I wasn’t always as...
People
Feb 5 2018 // CAL Insurance & Associates Inc. has added Elian Boukhalil as an account manager. Boukhalil will work within CAL’s affluent families division. She was previously an intern with Publiscreen Online. Before that she...
