Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurance Journal’s Agency Salary Survey
Feb 19 2018 // Total compensation for insurance agency management, owners, principals and support staff were up in 2017, while total comp for producers declined just slightly over the year before. That’s according to the 2018...
Why Agencies Need Creativity in Hiring Now More Than Ever
Feb 19 2018 // As the economy continues to improve, insurance agencies are finding that hiring and retaining qualified employees, which is never easy, has become even more of a challenge. It’s become tougher even though salaries at...
People
Feb 19 2018 // Wholesale insurance broker and program manager, Midlands Management Corp., has added insurance professional Lori Covey to its team in Dallas. A 25-year veteran of the industry, Covey started her career on the retail side...
Ohio Collects more than $20M in Past Due Taxes from Insurance Agents
Feb 19 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...
Former Texas Agent Gets Life Sentence for Insurance Scam
Feb 16 2018 // A former Lubbock, Texas, insurance agent has been sentenced to life in prison and ordered to pay back $810,000 to his victims, the Texas Department of Insurance (TDI) reported. Officers with the Texas Department of...
Georgia Insurance Agent Faces 28 Counts of Insurance Fraud
Feb 16 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...
Former Iowa Insurance Agent Sentenced for Ongoing Criminal Conduct
Feb 15 2018 // A former insurance agent in Bettendorf, Iowa, has been sentenced to five years’ supervised probation for insurance fraud, the Iowa Insurance Division reported Billie J. Holmberg pleaded guilty in Scott County...
AFL Insurance Brokers Taps JLT’s Rowland, Alston Gayler’s Cavani for Property Team
Feb 15 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. hired re/insurance professionals Barry Rowland and Chris Cavani to augment its wholesale property team. Formerly a facilities and binder partner at JLT Re,...
TWIA Policy Center for Commercial and Manufactured Home Policies Now Available
Feb 14 2018 // The Texas Windstorm Insurance Association (TWIA) announced that its Policy Center for commercial and manufactured home policies is live and available for agents to use. TWIA said agents must now use Policy Center for all...
Why Wholesale Insurance Brokers Are Under Continuing Pressure to Sell
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...
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...
