Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Hub International Acquires Manitoba-Based Desilets Insurance Brokers
Mar 8 2018 // Hub International Ltd., the Chicago-based insurance brokerage, announced it has acquired the shares of Desilets Insurance Brokers Ltd. Terms of the acquisition were not disclosed. Based in Elie, Manitoba, Desilets offers...
Who Is Liable When No One Is Driving? Finale
Mar 7 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...
Texas Agencies TCOR, Legacy, MS&B Merge
Mar 6 2018 // New Braunfels, Texas-based TCOR Management announced a merger with Legacy Insurors Group LLC, and MS&B Bonds and Insurance Services LLC, effective March 1. The operations of these two entities will continue under TCOR...
SouthPoint Risk Advisors Acquires 2 Tennessee Agencies
Mar 6 2018 // SouthPoint Risk Advisors, an independent insurance agency based in Nashville, has announced it acquired two Tennessee agencies at the end of 2017. On Oct. 1, SouthPoint officially acquired Consolidated Insurance Services,...
BIB Appoints Szalkay to Continue Southern Expansion
Mar 5 2018 // Boston Insurance Brokerage LLC (BIB), a national wholesale specialty insurance agency headquartered in Boston, has added Jennifer Szalkay as vice president of Property & Casualty Division. In this role, Szalkay assumes...
People
Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office. She will manage a book of existing marine clients and develop new cargo and...
5 Strategies for Success in Small Business Market
Mar 5 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
Independent Agencies Post Gains in Organic Growth, Profitability in Q4: Reagan Consulting
Mar 5 2018 // Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic...
NFP Focusing on Organic Growth in Central Texas Expansion
Mar 5 2018 // Employee benefits and property/casualty insurance broker and consultant NFP traditionally has grown through acquisitions but as the global organization targets Central Texas for expansion it plans to use another strategy...
Former Nationwide Agent in Mississippi to Serve 10 Years for Embezzling $117K
Mar 5 2018 // A former Mississippi insurance agent will serve 10 years in prison for embezzling $117,863.74 from a customer and converting the money for his own use, Mississippi Attorney General Jim Hood announced in January. Charles...
Georgia Insurance Agent Faces 28 Counts of Insurance Fraud
Mar 5 2018 // A Georgia insurance agent from Pierce County has been arrested and charged with 28 counts of insurance fraud, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Dana Larson Bowen, 52, of...
XL Catlin Insurance Taps AXA’s Hanna as Head of Central Broker Management
Mar 2 2018 // XL Catlin’s insurance operations announced it has appointed Elie Hanna as head of Central Broker Management. He reports to Philippe Gouraud, head of Strategic Client and Broker Management, Insurance. Based in London,...
U.S. Risk Announces Acquisition of L.A. Xcess Insurance Brokers, Inc.
Mar 2 2018 // Dallas, TX, March 2, 2018—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired L.A. Xcess Insurance Brokers, Inc., a Los Angeles,...
Agent and Carrier Strategies and the Future of Cyber Insurance
Mar 2 2018 // More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of how that first policy came about in the first part of this report, What Agent Who Wrote First Cyber...
What Agent Who Wrote First Cyber Policy Thinks About Cyber Insurance Now
Mar 1 2018 // It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase was with an insurance agency in Atlanta focused on insuring technology companies. “Around 1995, I saw the...
JLT Acquires U.S. Trade Credit and Political Risk Broker IRC
Feb 28 2018 // Global broker Jardine Lloyd Thompson Group (JLT) has acquired International Risk Consultants (IRC), a U.S. broker specializing in specialist trade credit and political risk insurance. Based in Columbus, Ohio, and operating...
Broker Lockton Joins Chubb, MetLife in Withdrawing from NRA Insurance Programs
Feb 27 2018 // Insurance broker Lockton is ending its participation in an insurance program for members of the National Rifle Association, joining MetLife, United Airlines and other companies that have been canceling their business...
XINSURANCE.com Announces a New Approach to Insurance Strategy
Feb 26 2018 // Chicago, IL, February 26, 2018– XINSURANCE.com announces its unique “ALL-IN-ONE” INSURANCE POLICY. This new customized “ALL-IN-ONE” policy is the first of its kind. It provides an innovative...
Former Nationwide Agent in Mississippi Gets 10 Years for Embezzling $117K
Feb 26 2018 // A former Mississippi insurance agent will serve 10 years in prison for embezzling $117,863.74 from a customer and converting the money for his own use, Mississippi Attorney General Jim Hood announced last month. Charles...
Texas’ Combined Agents of America Adds 3 New Agencies
Feb 23 2018 // Austin, Texas-based Combined Agents of America LLC, has added three new partner agencies to its network. The latest additions are: Patterson & Associates Insurance in Richardson, Texas; NP Dodge Insurance in Omaha,...
