Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
New York’s Cybersecurity Rules: What Insurance Professionals Should Know
Mar 6 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, codified at 23 NYCRR §500, require...
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Mar 6 2017 // Henderson Brothers Inc., a Pittsburgh, Pa.-based independent broker, has hired Jeremy Taggart as a financial analyst in the employee benefits department. In his new role, Taggart will use his three years of industry...
The Competitive Advantage: Insurance is Losing the Battle of Public Relations
Mar 6 2017 // Flooding in southern Louisiana in the late summer of 2016 revealed 86 percent of flooded homes had no flood insurance. No flood insurance next door to one of our nation’s — and that state’s —...
Tiny Homes: How agents, insurers are helping to lay a foundation for a growing insurance market
Mar 6 2017 // Despite big media hype that has included TV shows, magazines and blogs, the tiny home market is still small. Figures on its current size are hard to come by but the tiny home movement of people looking to downsize and...
Mentor-Driven Global Insurance Accelerator Is Enjoying its Own Growth-Spurt
Mar 6 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...
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Mar 6 2017 // Bruce Carnegie-Brown will become the chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. His appointment also was...
Chile-Based Broker Lilienfeld Names Rossi as CEO, Succeeding Lilienfeld
Mar 2 2017 // Lilienfeld Corredores de Seguros has named Claudio Rossi as its next chief executive officer. He succeeds Renato Lilienfeld, who has been CEO since 1986. Lilienfeld will continue as chairman, working closely with Rossi to...
Insurance Agency Manager McVey Named West Virginia Insurance Commissioner
Mar 2 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...
Labor Department Seeks to Delay Broker Fiduciary Rule for 60 Days for Review
Mar 1 2017 // The U.S. Labor Department has taken a first step toward possible derailment or dilution of its controversial rule on retirement advice as it begins to re-examine it at the directive of President Donald Trump, according to...
Willis Towers Watson Completes Purchase of French Aviation Broker, OAAGC
Mar 1 2017 // Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading...
BGC Partners Buys Lloyd’s Broker Besso Insurance
Mar 1 2017 // BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London...
Q&A: MEMIC Safety Expert on Growth of Ergonomics, Workers’ Comp
Feb 28 2017 // Powered by InsuranceJournal.tv Karl Siegfried, Senior Vice President of Loss Control & Safety Services at Portland, Maine-headquartered MEMIC Group recently spoke with Insurance Journal about the safety management team...
Businesses Appeal U.S. Judge’s Ruling Upholding Broker Fiduciary Rule
Feb 28 2017 // The U.S. Chamber of Commerce appealed a Texas federal judge’s ruling upholding a Labor Department’s regulation aimed at putting retirement savers’ interest first on Friday, the latest salvo in the...
Canadian Broker Network Names Robinson as Chairman, Succeeding Miller
Feb 23 2017 // Canadian Broker Network (CBN), Canada’s network of independent insurance brokers, has appointed Mike Robinson, president and CEO, PBL Insurance Ltd., as chairman. Robinson succeeds Tim Miller, president of Capri...
Voldico Insurance, Brendanwood Financial Brokerage Form Alliance
Feb 22 2017 // Osgood, Indiana-based Voldico Insurance LLC has formed a key partnership alliance with Brendanwood Financial Brokerage LLC, the company announced. Voldico Insurance is an independent full-service property/casualty retail...
8K Louisianans Possibly Impacted by Reinsurance Broker’s Data Breach
Feb 22 2017 // The Louisiana Department of Insurance reported that a reinsurance broker contracted by the Louisiana Health Cooperative (LAHC) has experienced a data breach. As a result, former LAHC policyholder Personally Identifiable...
Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC
Feb 22 2017 // Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was...
All Risks Acquires American Management Advisors in Pennsylvania
Feb 22 2017 // All Risks Ltd., an independent wholesaler based in Hunt Valley, Md., has announced the acquisition of American Management Advisors Inc. (AMA) located in Pennsylvania. Terms of the transaction were not disclosed. Following...
How Digital Distribution Tools from IVANS Marry Agents, Carriers and Appetites
Feb 21 2017 // “Looking for a professional agent in the Chicago area who is in good financial shape, wants a long-term relationship, and is seriously into habitational risks. Must be Cubs fan.” Welcome to match.com for the...
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Feb 20 2017 // U.S. Risk, a global property/casualty wholesaler and managing general agency based in Dallas, named Wayne H. Carter III as president of U.S. Risk Underwriters Inc., its programs group. Carter assumes senior level...
