Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Chubb Introduces Online Workers’ Comp Policy System for Small Business Agents
Mar 23 2017 // Chubb has introduced a new online system for independent agents that will quote and issue a comprehensive workers’ compensation policy for small businesses. Chubb’s workers’ compensation policy for small...
Missouri’s Millennium Brokers Joins Insurance Agency Alliance
Mar 21 2017 // Millennium Brokers LLC in Springfield, Mo., has joined Valley Insurance Agency Alliance (VIAA), a network of over 100 independent insurance agencies in Missouri and Illinois. Millennium Brokers is a full-service insurance...
XL Catlin Names Fischbach to Key Excess & Surplus Insurance Post
Mar 21 2017 // XL Catlin has appointed Karl Fischbach as head of Binding Authority and Brokerage for its excess and surplus insurance operation. In his newly added role, Fischbach will focus on aligning XL Catlin’s E&S...
Colorado Insurance Agents Association Rebrands as a Trusted Choice Organization
Mar 20 2017 // The Professional Independent Insurance Agents of Colorado (PIIAC) announced it has changed its name to the Trusted Choice Insurance Agents of Colorado (TCCO). “As an association, we strive to be there for our agents,...
New York Insurance Broker Sentenced in $1M Fraud Scheme
Mar 20 2017 // An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He...
NetVu’s Kitty Ambers on Making the Case for Innovation
Mar 20 2017 // Have you noticed how technology is rapidly eliminating tasks? We can bank remotely or have goods delivered to our doorstep with the click of a mouse. Whether it’s banking, retailing or insurance, nearly every...
Tech Talk: Why Real-Time Binding Delivers Immediate Value
Mar 20 2017 // For independent agents, optimum use of technology delivers a multitude of benefits, including streamlined back-office operations and more effective marketing outreach. Yet one benefit, arguably the most powerful, is often...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
E-Payments: The Next Tectonic Shift
Mar 20 2017 // When tectonic plates shift, we all know about it. Typically, it’s immediate. Tidal waves, earthquakes and tsunamis usually come to mind. Most of the time those events come without warning. However, there are tectonic...
Insurance Agency Manager McVey Named West Virginia Insurance Commissioner
Mar 20 2017 // West Virginia Gov. Jim Justice, who was elected this past November, has appointed BB&T Insurance Agency Manager Allan L. McVey to serve as West Virginia’s Insurance Commissioner, effective April 1. McVey has been...
KKR and Canadian Pension Fund to Acquire Insurance Broker USI in $4.3 Billion Deal
Mar 17 2017 // Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt. The deal is the latest in a...
High-Net-Worth Individuals Concerned About Underinsurance: Chubb
Mar 17 2017 // More than half (54 percent) of high-net-worth individuals (HNWIs) are concerned that they are underinsured, with many worried their coverage is inadequate for their needs, according to new research published by...
PIACT Names Frascarelli Professional Agent of the Year
Mar 16 2017 // At the recent Professional Insurance Agents of Connecticut (PIACT) annual business meeting, Peter Frascarelli, CPIA, of the Peter M. Bakker Agency of Avon, Conn., was named Professional Agent of the Year. Frascarelli is...
Young Insurance Agents: Tell Us What You Think
Mar 10 2017 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
London Insurance Market Provides Brexit Negotiations’ Wish-List
Mar 10 2017 // A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients’ access to the London insurance market, according to the London Market Group (LMG), an association representing London’s...
Professional Insurance Agents of Connecticut Elects Distel as President
Mar 10 2017 // The Professional Insurance Agents of Connecticut Inc. (PIACT) elected Kenneth A. Distel of Avon, Conn., as president at the association’s Annual Convention held in March at the Foxwoods Resort Casino in Mashantucket,...
Mentor-Driven Global Insurance Accelerator Is Enjoying its Own Growth-Spurt
Mar 9 2017 // A three-year-old Des Moines, Iowa-based business startup accelerator focused solely on the global insurance industry has developed into a streamlined organization with more applicants, more investors and more mentors than...
What’s Up with Salaries at Insurance Agencies?
Mar 9 2017 // Salaries for insurance agency management, owners, principals and producers were up in 2016. Total compensation for support staff also increased, although not by as much as it did the year before. That’s according to...
Wholesale Broker Groups NAPSLO, AAMGA Merging to Form WSIA
Mar 8 2017 // The insurance industry could soon have a new acronym: WSIA. Introducing the Wholesale and Specialty Insurance Association (WSIA). That’s the name and acronym for the new wholesale, specialty and surplus lines...
Insurance Agents Can Help Nonprofits Deal with Changes Ahead
Mar 8 2017 // Nonprofit organizations are a loyal bunch, often sticking with their insurance agents and brokers for years. But there is room for new agents who can help nonprofits fill some coverage gaps, cope with political changes...
