Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Burand’s State of P/C Insurance Industry, Part 1: Agencies Facing Paradigm Shift
Jun 13 2017 // Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of the P&C Insurance Industry 2017. The whitepaper is available from Insurance Journal’s...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions
Jun 13 2017 // Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among the most active players in agency mergers and acquisitions, according to...
J.M. Wilson Acquires Assets from Klinger Associates in Indianapolis
Jun 12 2017 // J.M. Wilson has acquired assets from Klinger Associates Inc., an Indianapolis-based wholesale insurance broker. The acquisition will allow J.M. Wilson to increase its brokerage business. The J.M. Wilson brokerage...
Top 100 P/C Agency Submission Deadline Extended
Jun 12 2017 // Don’t miss out on your chance to become one of Insurance Journal’s Top 100 Independent Property/Casualty Agencies. Extended Deadline Now: June 19 Insurance Journal will publish its annual list of the Top 100...
Professional Insurance Agents of New Jersey Elects Renna as President
Jun 12 2017 // Kacy Campion Renna of Wall Township, N.J., was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting at Harrah’s Resort and Casino in Atlantic...
Miami Insurance Agent Accused of Stealing Nearly $25K From Clients
Jun 12 2017 // A Miami insurance agent accused of stealing insurance premium payments from a client and providing fake insurance documents has been arrested, according to a statement from Chief Financial Officer Jeff Atwater and...
Former Washington Insurance Agent Charged in Theft of Clients’ Money
Jun 9 2017 // A former insurance agent in Washington has been charged with stealing premiums from his clients. Levi Watson, 44, of Bothell, Wash., faces one count of first-degree theft and one count of money laundering, both...
Higginbotham Adds 2 Insurance Brokers in McAllen, Texas Office
Jun 9 2017 // Higginbotham has hired insurance brokers John Garcia and Jordan Lewis in its McAllen, Texas, office. Garcia was added as an associate of employee benefits and Lewis as an associate of business insurance. They join the...
Worldwide Facilities Adds Davis as Broker in Atlanta Office
Jun 9 2017 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has announced that Shavarra Davis will be joining its Atlanta office as a broker specializing in the healthcare industry. Davis brings...
InterWest in California Names Hoffman Marketing and Promotions Agent
Jun 8 2017 // Sacramento, Calif.-based InterWest Insurance Services, LLC has named Kurt Hoffmann a marketing and promotions agent. Hoffmann’s responsibilities include business development, project management, community engagement...
Arthur J. Gallagher & Co. Acquires 2 Michigan Insurance Agencies
Jun 8 2017 // Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. has acquired Ann Arbor, Michigan-based insurance brokerages Armstrong/Robitaille/Riegle Inc. and Ann Arbor Business Advisors LLC. Terms of the transaction were...
2 Corpus Christi Insurance Agencies Merge, Join Leavitt Group
Jun 7 2017 // Two Corpus Christi, Texas-based employee benefits providers, Heavin Insurance Agency and Arvak Insurance Group, have merged and joined the insurance broker network, Leavitt Group, to become Heavin, Otto & Leavitt. Will...
Insurance Broker MD Jensvold Adds Zurich’s Rhodes in Houston
Jun 7 2017 // MD Jensvold has hired David Rhodes to manage the brokerage department for the Houston-based managing general agency and surplus lines insurance broker. Rhodes joins Jensvold from Zurich Energy & Marine where he was the...
MarketScout Sells Workers’ Compensation Business to Specialty Program Group
Jun 7 2017 // Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group. MarketScout said it...
Indy 500 Drivers Race Past Talk of Insurance, Agent Says
Jun 5 2017 // At least half of the Indianapolis 500 field share more than steely nerves and a love of speed. They have the same agent for insurance, including some policies they’d rather not contemplate. Life insurance. “To...
Cyber Liability Sales Show More Growth, Price Stability: Report
Jun 5 2017 // Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers. According to the survey of about 100 commercial lines...
4 Takeaways for Agencies to Do in 4 Months
Jun 5 2017 // Where does the time go? Four months into 2017, here are four industry observations and four action items every insurance agency principal can take before the next four months pass. The Industry 1. Merger and acquisition...
Texas ‘Industrial Insureds’ Bill Signed into Law
Jun 5 2017 // The Texas Legislature has passed a bill exempting certain commercial insureds from the requirement that agents make a “diligent effort” to find insurance in the admitted insurance market before taking the risk...
Dreaming of Selling Your Agency? Here’s How to Avoid Costly Mistakes
Jun 5 2017 // “I’m being bought out!” “We’re merging with an agency five times our size that will take our revenue to a whole new level!” While expressions of excitement like the ones above might be...
A Few E&O Tips to Watch: Certificates, Carrier Ratings and Alternative Markets
Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures. 1. Send Certificates of Insurance I would love to share with you a story regarding a...
