Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Georgia Insurance Agent Arrested for Misappropriating Workers’ Comp Premiums
Aug 25 2017 // An insurance agent in Floyd County, Ga., has been arrested on fraud charges related to the misappropriation of insurance premiums, according to the Georgia Department of Insurance. Marshall Irwin, 56, owner and operator of...
Massachusetts’ Boston Insurance Brokerage Promotes Two
Aug 24 2017 // Boston Insurance Brokerage (BIB), a Boston, Mass.-based national wholesale brokerage offering commercial insurance solutions, has promoted John Roderiques to associate vice president of its workers’ compensation...
Moultrie Hired as VP of Client Services of S.S. NESBITT Brokerage in Alabama
Aug 24 2017 // EBSCO Industries Inc. (EBSCO) has hired insurance veteran Phillip Moultrie as vice president of client services for its insurance brokerage, S.S. Nesbitt (SSN), based in Birmingham, Ala. Moultrie’s immediate focus...
Miami Insurance Agent Arrested Over Assisted Living Facility Fraud Scheme
Aug 22 2017 // An investigation led by the Florida Department of Financial Services (DFS) Bureau of Insurance Fraud has led to the arrest of a Miami insurance agent for attempting to evade a higher insurance premium for his assisted...
U.S. Risk Announces Acquisition of B&H Risk Services, Inc.
Aug 21 2017 // Dallas, TX, August 21, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired B&H Risk Services, Inc., a Dallas, Texas based...
High Net Worth Insurance Needs More Specialists
Aug 21 2017 // The high net worth (HNW) specialty insurance market is a lucrative and developing segment of the insurance industry. According to the U.S. Census Bureau, 25 percent of Americans hold 74 percent of the country’s...
Minding Your Business: The Tale of Two Values
Aug 21 2017 // It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” This opening line in Charles Dickens novel “A Tale of Two Cities” summarizes the...
Former Texas Insurance Agent Sentenced to 5 Years in Prison for Fraud
Aug 21 2017 // A former Texas insurance agent has been sentenced to five years in prison for insurance and identity theft fraud, according to state insurance regulators. Dermaine Clark of San Antonio also was ordered to pay more than...
101 Sales, Marketing & Agency Management Ideas
Aug 21 2017 // 1. Dare to Break the Mold. We tend to hit a sweet spot of what works for us in agency management and stay there, focusing on the “sexier” sales side of the business. It’s fine to keep what works, but...
New Jersey’s New Day Underwriting Names Webb AVP in Construction Division
Aug 18 2017 // New Day Underwriting Managers, a Hamilton, N.J.-based specialty intermediary of environmental and construction-related professional liability insurance coverages, has named Bill Webb assistant vice president in the...
Stake in Insurance Broker HUB International Could be Sold: Reuters
Aug 17 2017 // Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7 billion, including debt,...
Strayhan Promoted to Producer/Broker in USG’s Troy, Michigan Office
Aug 16 2017 // USG has promoted Mark Strayhan to insurance producer/broker for the Troy, Mich., office. He formerly held the title of associate producer/broker. Strayhan will continue building his book of business and agency retail...
J.M. Wilson Promotes Hamilton to Branch Manager in Ohio
Aug 16 2017 // Managing general agency and surplus lines broker, J.M. Wilson, has promoted Andrew Hamilton to branch manager in its Westerville, Ohio, office. Hamilton will plan the operations of the office, coordinate the staff, and...
Former San Antonio Insurance Agent Sentenced to 5 Years for Fraud
Aug 15 2017 // Dermaine Clark of San Antonio has been sentenced to five years in prison and ordered to pay more than $45,000 for a string of insurance fraud cases, the Texas Department of Insurance announced. TDI fraud investigators say...
Why and How P/C Insurance Carriers Should Work with Insurtechs
Aug 15 2017 // Startup insurtechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding insurance technology firms. Venture firm XL Innovate’s Martha...
What Agents Want from Carriers in 2022: Survey
Aug 14 2017 // Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite...
Brightway Insurance Opening Agencies in Washington and Colorado
Aug 11 2017 // Brightway Insurance on Monday will open new agencies in Washington and Colorado. Vays Sarwar will open Brightway, The Sarwar Agency. The agency will be located in Spokane, Wash. Rob Scheibe will open Brightway, The Scheibe...
USG Promotes Faust and Whiting in Pennsylvania Office
Aug 10 2017 // USG has promoted Becca Faust to production manager and Amy Whiting to brokerage manager in its Canonsburg, Penn., office. This move is the most recent change USG has implemented in its plan to expand operations nationwide...
Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership
Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...
Pennsylvania’s IA&B Hires Ross as Marketing, Communications Senior Director
Aug 9 2017 // Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based tri-state trade organization, has hired Jennifer Ross as marketing and communications senior director. In her role, Ross will oversee communications...
