Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
New York’s Cybersecurity Rules: Things Insurance Professionals Should Know
Apr 3 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules require insurance and...
Florida Insurance Agent Gets 4 Years for $100K Premium Theft
Apr 2 2017 // A former Florida insurance agent has been convicted and sentenced to four years in prison for stealing more than $100,000 from two elderly clients, according to a statement from the state’s Chief Financial Officer...
2 Retired North Carolina Agents Convicted of $11M Insurance Scam Targeting Seniors
Mar 31 2017 // North Carolina Department of Insurance (NCDOI) announced the conviction of two retired insurance agents in a regional scam targeting senior citizens. Insurance Commissioner Mike Causey said the two retired agents, Milton...
Ryan Specialty Group Agrees to Acquire Assets of New York-Based LoVullo
Mar 31 2017 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire substantially all of the assets of LoVullo Associates Inc. (LoVullo), a wholesale insurance brokerage and binding authority operation based in...
Blue River Underwriters Promotes Jared Mathis to Executive Vice President
Mar 31 2017 // Atlanta, GA, March 31, 2017 — Blue River Underwriters, a Breckenridge Insurance Group company, has promoted specialty property senior vice president Jared Mathis to executive vice president of the division. As executive...
Citizens Seeks Florida Agents’ Help Fighting Water Claims Abuse
Mar 30 2017 // As the Florida property market fights what has so far been a losing battle against attorneys and unlicensed contractor firms over water loss claims and assignment of benefits (AOB), Citizens Property Insurance Corp.,...
MassMutual Completes Broker-Dealer Integration
Mar 28 2017 // Massachusetts Mutual Life Insurance Company (MassMutual) has completed the integration of its existing broker-dealer, MML Investors Services LLC, and MSI Financial Services Inc., the broker-dealer acquired as part of...
How Agents Can Deploy Soft Benefits to Win the Talent War
Mar 28 2017 // Insurance agencies that stress “soft” benefits have the upper hand in recruiting workers in today’s competitive job market. Employees are increasingly seeking out “soft” benefits in addition...
Broker THB and CNA Hardy Partner to Provide Global Industrial Cyber Solution
Mar 27 2017 // London-based broker THB, CNA Hardy and cyber security specialist Waterfall Security Solutions have entered into a partnership to provide a cyber security protection package for industrial businesses globally. The package,...
The Hanover Launches Professional Liability Risk Management Portal
Mar 27 2017 // The Hanover Insurance Group, Inc. has launched a new online portal featuring risk management tools for the professional liability industry. HanoverProRisk offers articles, templates, risk bulletins and seminars focused on...
Flintstones vs. Jetsons, a Broker Success Story, and How Agencies Can Survive Insurtech
Mar 23 2017 // “If we survive the next five to 10 years and improve the way we do things, we can be well-positioned into the future.” James Keating, founder, chairman and CEO of The Keating Group, offered those positive words...
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...
