Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Brokerage Giants Aon, Marsh Unite In Call for Industry Aid to Ukraine
Sep 9 2024 // Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia Ukraine conflict, Aon and Marsh McLennan are jointly calling for their...
People Moves: CRC Group Adds Broker, Underwriter in Georgia, Tennessee
Sep 4 2024 // CRC Group, a wholesale specialty insurance distributor with headquarters in Birmingham, Alabama, has added new faces to its team in the Southeast. Rector Sam Rector joined the Nashville office as a broker. He has spent...
Ascend Unveils Direct Bill Automation Solution for Insurance Brokers
Sep 4 2024 // Introducing the Only Comprehensive Platform for Agency Accounting Operations San Francisco, CA – September 4, 2024 – Ascend, the leading provider of accounting automation software to the insurance industry, is...
SEC’s WhatsApp Probe Expands as Rating Agencies Hit With Fines
Sep 4 2024 // Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating companies failed to keep proper electronic communications — the latest fallout from...
Sica Fletcher Index: Agency-Broker M&A Down Slightly in First Half 2024
Sep 2 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during...
Small Contractors Are Often Unaware of Risk Issues They Face. An Agent’s Expertise Can Help with That.
Sep 2 2024 // We had some work done on our home recently and the contractor wasn’t what I was expecting. When I spoke with the GC (General Contractor), he told me that his sub (contractor) would be at my house, working on some...
Downward Departure: Florida Insurance Agent Charged with Embezzling Premiums After He Was Hit with Lawsuits, Complaint
Sep 2 2024 // Florida authorities in August arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums. Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last...
Specialist Risk Group Acquires Renewal Rights of London-Based Taxi Insurance Broker
Aug 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since...
PCF Brokerage Buys Part of Kentucky Health Solutions in 14th Acquisition This Year
Aug 30 2024 // PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health...
Insurtech Root, Goosehead Partner on Tech Integration for Independent Agents
Aug 27 2024 // Root, Inc., parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’...
First MainStreet Insurance Adds Three Agencies
Aug 27 2024 // First MainStreet Insurance announced the addition of three new agencies to its platform. Pederson Insurance located in Nevada, Iowa joined FMSI on July 1. The insurance agency offers auto, commercial, farm, financial, home...
UK Broker Clear Group Acquires R T Waters Ltd.
Aug 27 2024 // Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s...
Flood-Stricken Connecticut Seeks Emergency Assistance from Federal Agencies
Aug 20 2024 // Connecticut Governor Ned Lamont has submitted a request to President Joe Biden and the Federal Emergency Management Agency (FEMA) for a federal emergency declaration for Fairfield , New Haven, and Litchfield counties in...
Specialist Risk Group Acquires UK-Based Anthony James Insurance Brokers
Aug 20 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. Financial details of the transaction were not disclosed....
SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall
Aug 19 2024 // Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd. Financial details of the transaction, which is subject to regulatory...
Agents Say Outlook Positive: Survey
Aug 19 2024 // Despite challenges posed by inflation, market volatility and rapidly changing technologies, independent agents remain positive about their businesses and report more optimistic perceptions of national business conditions...
101 Ideas for Sales, Marketing & Agency Management
Aug 19 2024 // How to Reach Out 1. Content Marketing. Use content marketing to stand out as an industry thought leader. Create informative and engaging content, such as blog posts, whitepapers, and e-books focused on industry trends and...
Downward Spiral: Florida Insurance Agent Charged with Embezzlement After Lawsuits
Aug 16 2024 // Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums. Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last year...
Best Agencies to Work For: Submit Now.
Aug 15 2024 // Is your agency a Best Place to Work? Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you must be a current employee of the...
Insurance Broker NFP Acquires Orca Financial Group in Ireland
Aug 13 2024 // NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in Leopardstown, County Dublin. Financial details of the deal were not disclosed. The...
