Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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,...
Developers Built Homes Inside Houston’s Reservoirs. But No One Warned Buyers.
Oct 12 2017 // Note: This story was originally published by the Texas Tribune and ProPublica. When Jeremy Boutor moved to a master-planned community in Houston’s booming energy corridor, he saw it as idyllic. Lakes on Eldridge...
Texas Insurance Broker RHSB Restructures Senior Leadership
Oct 9 2017 // Dallas-based independent insurance brokerage RHSB has named Julia Miller Spracklen J.D. as chief operating officer and Courtney Woodruff as senior vice president in its Commercial Lines Division. Additionally, John Losurdo...
UK Broker Capsicum Re Appoints Williams as Cyber Security Specialist
Oct 9 2017 // Capsicum Re, the London-based specialist reinsurance broker, announced the appointment of Conrad Williams as the latest addition to its cyber team. He will report to Ian Newman and Samantha Thompson, partners in Capsicum...
Mississippi Insurance Agent Arrested for Embezzling Customer Premiums
Oct 9 2017 // A Mississippi insurance agent was arrested last month for allegedly converting customers’ premium payments for his own use. Attorney General Jim Hood said Sept. 12 that a Lamar County Grand Jury indicted 30-year-old...
Head of Texas’ Harvey Recovery Effort Says Agents Need to ‘Step Up’ on Damage Claims
Oct 6 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...
EPIC Names House Broker/Producer in California
Oct 6 2017 // EPIC Insurance Brokers and Consultants has named Tim House a property/casualty insurance broker/producer in the Fresno, Calif. office. House will be responsible for new business development and the design and management of...
Alera Group Acquires Illinois, Wisconsin Agencies
Oct 5 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has acquired Axis Benefit Consultants in Westmont, Illinois, and Jeatran Associates in...
Georgia Insurance Agent Arrested For Pocketing $2K in Client Premiums
Oct 5 2017 // A Georgia insurance agent has been arrested on seven counts of insurance fraud and three counts of forgery in the first-degree for taking insurance premiums from her clients and issuing them fraudulent payment receipts,...
If You Don’t Tell Your Story, Someone Else Will
Oct 4 2017 // I have to be a little transparent today. I’ve struggled with writing. I normally have this post written by mid day on Monday, read over it again on Tuesday, and uploaded to the site for publishing first thing...
