Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Greece Aims to Attract U.K. Shipowners, Insurers & Brokers Seeking Brexit HQs
May 31 2017 // The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc. “We’re in contact...
High Agency Valuations ‘Not a Fad,’ MarshBerry Exec Tells Conference
May 31 2017 // Valuations of insurance agencies are as high as they have ever been and there does not appear to be any lessening of interest among suitors, according to an industry mergers-and-acquisitions (M&A) consultant. John...
Arthur J. Gallagher Acquires Williams-Manny Insurance in Illinois
May 30 2017 // Arthur J. Gallagher & Co. has acquired Williams-Manny Insurance Group, headquartered in Rockford, Illinois. Terms of the transaction were not disclosed. Founded in Rockford in 1896, Williams-Manny Insurance Group is a...
AmWINS and Networked Deal Plays to Strengths of Both Firms, Execs Say
May 26 2017 // The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and...
AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say
May 26 2017 // The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based...
Zenefits to Pay North Carolina $104K to Settle Licensing Violations
May 26 2017 // The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance...
Rhode Island Insurance Agents Have New Coastal Insurance Market
May 24 2017 // Independent insurance agencies in Rhode Island have a new market for coastal homes – Spinnaker Insurance Company. Spinnaker’s New England distributor, Insurance Agency and Customer Service Company (IACSC) of...
tKg Wholesale Brokerage Hires Wischnowsky as an Account Executive
May 24 2017 // tKg Wholesale Brokerage has hired Matt Wischnowsky as an account executive focused on professional liability. Wischnowsky brings more than ten years of experience to the position. Most recently, Wischnowsky served as the...
Cyber Insurance Sales Continue to Grow, Prices Stabilize, Brokers Report
May 23 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...
Pennsylvania’s IA&B Announces New CEO Following Russell’s Retirement
May 22 2017 // Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses
May 19 2017 // Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry,”...
Minnesota Independent Agents Honor SFM’s Happe with Company Rep Award
May 19 2017 // The Minnesota Independent Insurance Agents and Brokers (MIIAB) recently honored SFM Risk Solutions Senior Vice President and Chief Marketing Officer Mike Happe with the group’s “Company Representative of the...
CompSource Named Company of the Year by Oklahoma Independent Insurance Agents
May 18 2017 // Independent insurance agents in Oklahoma have honored CompSource Mutual Insurance Co. with their company of the year award. The Independent Insurance Agents of Oklahoma presented CompSource with the 2017 Company of the...
Indy 500 Drivers Race Past Talk of Their Insurance, Says Agent
May 18 2017 // At least half of the Indianapolis 500 field will 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...
Texas Wholesale Insurance Broker LevelFirst Promotes Innocent to VP
May 17 2017 // LevelFirst, the Dallas-based wholesale broker and MGA binding facility owned by IIAT Services Co., has promoted Kate Innocent to vice president. The promotion coincides with Innocent receiving a life/health insurance...
Travis Named VP at Texas Wholesale Broker LevelFirst
May 16 2017 // LevelFirst, the Dallas-based wholesale broker and MGA binding facility owned by IIAT Services Co., has appointed Mary Travis as vice president. Travis is based in Houston. She will service new and existing clients in the...
Big ‘I’ Virtual University’s Boggs Gets Award for Reinsurance Research
May 16 2017 // Big “I” Virtual University Director Christopher “Chris” J. Boggs has received a prestigious award in London for a paper he and a group of industry professionals authored about the disconnect between...
Brian Reid of OSC Recognized for Exemplary Contact Center Leadership by inContact
May 16 2017 // Atlanta, GA, May 16, 2017 — OSC, an established lender-placed insurance and tracking company and part of Breckenridge Insurance Group, announces Brian Reid, director of Escrow & Call Center Operations, was a recent...
Brightway Adds 5 Women-Owned Insurance Agencies
May 15 2017 // Insurance agency franchise operator Brightway is opening five new personal lines insurance agencies that are owned by women, two of which are the first Brightway agencies to open in California. In addition to California,...
Survey: Agents Suggest How Carrier Partners Can Move from ‘Good’ to ‘Great’
May 15 2017 // You might expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows...
