Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Oklahoma’s Eitzen Agency Joins Combined Agents of America
Nov 1 2017 // Austin, Texas-based agency partner group, Combined Agents of America (CAA), is expanding in Oklahoma with the addition of Eitzen Agency Inc. Eitzen Agency Inc. (EAI) is a family-owned insurance agency based in Fairview,...
Aon Completes Acquisition of Dutch Broker Unirobe Meeùs Groep
Nov 1 2017 // Aon Groep Nederland announced it has completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million (343.4 million). The acquisition encompasses the whole of Unirobe Meeùs Group, said Aon, noting...
Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court
Oct 31 2017 // Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information...
Why States Should Drop Insurance Anti-Rebating Laws: Viewpoint
Oct 31 2017 // For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the...
PointeNorth Insurance Group Acquires Georgia Agencies Benton & Parker, Cord & Wilburn
Oct 31 2017 // PointeNorth Insurance Group, an independent insurance agency in the Southeast with local ownership, has acquired Benton & Parker Insurance Services, a commercial truck insurer headquartered in Georgia. The company also...
Aon to Acquire UK-Based Insurance Broker Henderson
Oct 30 2017 // Global insurance broker Aon said it will acquire Henderson Insurance Broking Group, an independent UK-based insurance broker. Terms were not disclosed. Aon anticipates completing the acquisition in December. Henderson...
Lloyd’s Re/Insurance Broker RFIB Launches Singapore Operation
Oct 30 2017 // RFIB Group Ltd., the Lloyd’s insurance and reinsurance broker, announced the launch of RFIB (Singapore) Pte Ltd. The new operation will serve as a hub for the continued development of RFIB’s presence across...
Louisiana Ramps Up Effort to Prevent Employers from Misclassifying Workers
Oct 27 2017 // Several state and federal government entities partnering on a Louisiana task force to target employers who misclassify workers plan increased activity in 2018, according to the Louisiana Workforce Commission (LWC). The...
New Online Weather Insurance Program Available from Abacus Insurance Brokers
Oct 26 2017 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched an online weather insurance program. The program provides weather insurance on a...
Florida Insurance Agents Recount Hurricane Irma’s Personal Impact
Oct 26 2017 // It’s been just over a month since Hurricane Irma hit Florida, and it won’t be forgotten in Florida by anyone anytime soon, especially not by those in the insurance industry. The powerful storm made landfall...
UK-Based MGA Nexus Group Buys Trade Credit Broker, Credit Risk Solutions
Oct 25 2017 // Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS). Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in...
EPIC Adds New Brokerage Team in Pittsburgh
Oct 20 2017 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has opened operations in Pittsburgh, Penn., with the hiring of Sean Andreas, Al Dragotto, Kurt...
Insurance Agency M&A Continues at Fast Pace: OPTIS Partners
Oct 20 2017 // The number of insurance agency mergers and acquisitions over the first nine months of the year rose from 350 in 2016 to 457 this year, OPTIS Partners’ new quarterly report reveals. There were 132 deals announced...
New York Finalizes Regulations to Crack Down on Title Insurance Industry
Oct 18 2017 // The New York Department of Financial Services (DFS) has finalized two new regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These regulations, which are the...
Lloyd’s Broker AFL Creates Property Practice, Led by Crouch from Lockton
Oct 16 2017 // Lloyd’s broker AFL Insurance Brokers Ltd (AFL) announced the appointment of Neil Crouch to lead its new wholesale property practice. Previously head of broking at Lockton, Crouch will pioneer the company’s...
INSUREtrust of Georgia Promotes Tschetter to Professional Lines Broker
Oct 16 2017 // INSUREtrust has promoted Will Tschetter to Professional Lines broker. In his new role, Tschetter will specifically focus on new broker production, and will be brokering cyber insurance, technology errors and omissions...
SILVER Best Agency to Work For – Wood Gutmann & Bogart Insurance Brokers
Oct 16 2017 // One can say the managers of Wood Gutmann & Bogart Insurance Brokers have made a long-term commitment to their workers. “Employee engagement” is a term Kevin Bogart, CEO of the firm, almost couldn’t...
Texas Harvey Recovery Czar Says Insurance Industry Needs to ‘Step Up’
Oct 16 2017 // The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar. Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to...
Kentucky Crop Insurance Agent Accused of Defrauding Taxpayers
Oct 13 2017 // A crop insurance agent in Kentucky is facing federal charges alleging she defrauded taxpayers of $169,000 by helping farmers inflate tobacco crop losses and collect insurance money and then helping them sell their burley...
DFS Finalizes Regulation to Strengthen New York No-Fault Insurance Law
Oct 13 2017 // A new regulation issued by the New York State Department of Financial Services (DFS) aims to curb costs and abuses of New York’s no-fault insurance law while leveling the playing field for New York insurers,...
