Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
TCOR Management’s Dudney to Chair Texas Independent Insurance Agents Group
Jul 27 2017 // The Independent Insurance Agents of Texas (IIAT) elected Rick Dudney of TCOR Management in New Braunfels to serve as chairman for 2017-2018 during IIAT’s 120th Annual Conference and Trade Show in Fort Worth. Dudney...
Private Insurers Cautiously Dip Toes Into Florida Flood Market Waters
Jul 27 2017 // Florida’s efforts in establishing a private flood insurance market have been hailed as a model by many other states looking to buff up their flood insurance offerings, as well as the National Flood Insurance Program...
Renovation at the Deli, Part 2
Jul 26 2017 // If you didn’t read last week’s post, Renovation at the Deli; A Story About Additional Insureds, go ahead and do that now. It’ll give you the background on this week’s post. When Frank (the deli...
Illinois Insurance Agent Sentenced to 5 Years for Fraud Scheme
Jul 26 2017 // A Decatur, Ill., independent insurance agent has been sentenced to 63 months in federal prison for defrauding his clients, the U.S. Attorney’s Office for the Central District of Illinois reported. Chief U.S. District...
UK Broker Beach Names RenRe’s Goldberg as Senior VP, Casualty Reinsurance
Jul 26 2017 // Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president. He is based in the London office and reports to Adam Hedley,...
U.S. Risk Announces Acquisition of Strategic Insurance Underwriters
Jul 26 2017 // Dallas, TX, July 26, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired Strategic Insurance Underwriters, a specialist Trucking...
Ryan Specialty Group to Acquire N-Surance Outlets of Georgia
Jul 25 2017 // Ryan Specialty Group, LLC, announced it has reached a definitive agreement to acquire N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. NSO will become...
XS Brokers Expands Into Southeast; Hires Ault to Lead New Florida Office
Jul 25 2017 // XS Brokers, an independent insurance brokerage in New England, has expanded the company into the Southeast, opening a new office in Orlando and hiring Lori Ault as executive vice president and territorial manager. The firm...
Southern California Agent Charged for Targeting Injured Workers’ Benefit Funds
Jul 24 2017 // Tom Fallon, 63, of Long Beach, Calif., is being arraigned today in Superior Court in Long Beach on multiple felony charges including theft by embezzlement and money laundering. Fallon’s daughter, Christina Fallon,...
New York Launches Online Re-Licensing for Insurance Agents and Brokers
Jul 24 2017 // The New York State Department of Financial Services (DFS) has launched an online application to speed up the re-licensing process for agents and brokers whose original licenses have been expired more than two years. The...
Sign of the Times – Brokers vs. Carriers on a Classic Soft Market
Jul 24 2017 // Brokers vs. Carriers on a Classic Soft Market Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called each other out in June for engaging in activities they said were...
How to Succeed in a Soft Insurance Market
Jul 24 2017 // It’s no secret that the insurance marketplace right now is extremely soft. The amount of capacity in the industry continues to rise as new entrants are coming into the market or existing carriers are either opening...
Carrier Poll Shows Many Agents Expect Minor Tech Disruption by 2020
Jul 24 2017 // A new poll conducted by a Seattle, Wash.-based carrier that asked independent insurance agents what’s ahead in 2020 showed that roughly half of agents expect technology disruption to have a minor impact on their...
Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage
Jul 21 2017 // A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a low monthly premium whether there’s damage to the home or not. A Berkeley,...
TWFG Honors Top Producers
Jul 20 2017 // Successful insurance agents with The Woodlands, Texas-based TWFG received official recognition and awards during TWFG’s recent convention. President and CEO Gordy Bunch inducted 20 new members into the insurance...
Sullivan Brokers Enhances Healthcare Provider Program, Adds Cybersecurity Coverage
Jul 20 2017 // Sullivan Brokers has launched an enhanced program that offers first party protection specifically tailored to address the exposures healthcare providers face when presenting claims to public or private insurers. The...
JenCap Holdings Acquiring Michigan’s Special Risks Facilities
Jul 19 2017 // JenCap Holdings LLC has agreed to acquire privately held Special Risks Facilities Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan. Special Risks was formed...
Renovation at the Deli; A Story About Additional Insureds
Jul 19 2017 // One of the primary questions that have to be asked about an insurance policy is: who is an insured? Every policy has language that defines and limits who is eligible to find coverage there. On the CGL policy, the question...
Big ‘I’ Expands Symington’s Role to Include Industry Relations
Jul 14 2017 // The Independent Insurance Agents and Brokers of America (Big “I”) announced that Charles E. Symington Jr. will now serve as the association’s senior vice president for external, industry and government...
Texas E&S Broker McClelland & Hine Promotes Barnes and Hine
Jul 13 2017 // San Antonio-based managing general agent and excess and surplus (E&S) lines broker, McClelland and Hine Inc. (MHI), has promoted Lisa Barnes to the position of chief operating officer, and named Amicia Hine president...
