Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Wall Street Brokers Claim Fiduciary Rule Is Violation of Their Free Speech Rights
Nov 23 2016 // A group of lawyers representing insurance and securities brokerages have made a curious argument for why a federal court should kill a rule aimed at protecting retirement savers: It restricts Wall Street’s First...
Unlicensed Miami Agent Faces 72 Felony Counts for Stealing Escrow Payments
Nov 23 2016 // A Miami man has been arrested for alleged unlicensed insurance activity that resulted in the theft of at least $48,507 in escrow payments from 10 South Florida homeowners. The Florida Department of Financial...
Top 50 Personal Lines Leaders
Nov 21 2016 // The 2016 Personal Lines Leaders in this report are taken from Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes only the 2015 personal lines numbers of the...
People
Nov 21 2016 // Former long-time Chubb executive Dino E. Robusto assumes the roles of CNA chairman and chief executive officer on Nov. 21, succeeding Thomas F. Motamed, who is retiring after eight years in those positions. The succession...
Agents Vie to Become American Modern’s ‘Most Confident’
Nov 21 2016 // An Ohio-based property/casualty insurer experimenting with gamification to educate agents on its specialized products and services is finding that it is learning a lot about its agent force in the process. American Modern...
How Independent Agents Feel About Growth, Technology and Disruption
Nov 21 2016 // Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about...
Capitalizing on the Health Clinic Marketplace
Nov 21 2016 // The increasing number of health clinics across the nation constitutes a new trend in today’s healthcare system. With urgent care centers opening around the country, the number of clinics is expected to hit...
People
Nov 21 2016 // Rene van Winden has joined Lockton from Aon as a senior vice president and national energy property leader. He is based in Houston. Van Winden previously spent more than a decade with insurance broker Aon, most recently as...
People
Nov 21 2016 // Western Growers Insurance Services Inc. has named Ken Cooper director of risk strategy. Western Growers also named Matt Luis as a sales executive. Cooper will spearhead the development of solutions for Western...
North Country Insurance Group Adds Two Vermont Based Member Agencies
Nov 16 2016 // North Country Insurance Group (NCIG), an alliance of independent insurance agencies located throughout Northern New England, has expanded by adding Finn & Stone Insurance and Mars Insurance to the group. Brothers Chip...
The Right Cyber Coverage Can Protect a Business from Financial Ruin
Nov 16 2016 // A recent report on cybersecurity still shows many companies are unprepared for cyberattacks. The report, conducted by KPMG and British Telecom, reveals only 22 percent of companies have a comprehensive plan in place to...
Marsh to Acquire UK-Based Bluefin Insurance from AXA for $369.4M
Nov 15 2016 // Marsh announced it has reached agreement with AXA Group to acquire Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc. The transaction, which is subject to regulatory approval, is expected to close in the first...
TWIA: Agents Approve 18K Policies for Transfer to Depopulation Program
Nov 10 2016 // The Texas Windstorm Insurance Association (TWIA) announced the passage of an important milestone in its Assumption Reinsurance Depopulation Program (Assumption program): agents have approved 18,000 policies for possible...
NYSIF Creates Producers’ Advisory Council, Appoints 3 from IIABNY
Nov 10 2016 // The New York State Insurance Fund (NYSIF) has created a producers’ advisory council and appointed three Independent Insurance Agents & Brokers of New York (IIABNY) members to serve on the council. Jack Smith,...
Does Your Agency Need a ‘Coverage Consultant’
Nov 10 2016 // Google the phrase “business consultant” and more than 21 million hits pop up available for review. Granted some of these are links to descriptions of what a business consultant is, but the majority of possible...
Gray Joins National E&S in California as Environmental Wholesale Broker
Nov 9 2016 // Jeff Gray has rejoined National E&S as an environmental wholesale broker. Gray specializes in hard to place risks, including construction risks, restoration contractors, environmental risks and hazmat trucking...
In American Modern’s ‘Most Confident Agent’ Campaign, Learning Goes Both Ways
Nov 9 2016 // An Ohio-based property/casualty insurer experimenting with gamification to educate agents on its specialized products and services is finding that it is learning a lot about its agent force in the process. American Modern...
The Competitive Advantage: Are Your Companies Stealing Your Expirations?
Nov 7 2016 // Three times in three months now, I have seen major carriers “provide” contracts that in some cases outright take ownership of agency expirations and in another case only take an “interest” in them....
Spotlight: 10 Things to Know About Habitational/Dwellings
Nov 7 2016 // ”Provide a good habitational supplement and loss history with your submission. Thorough underwriting information is key to getting a quick turnaround and a competitive quote.” — Gabriel Derzhavets, Roush...
Cyber, Risk Management & Claims for Accountants’ Liability
Nov 7 2016 // The environment for accountants’ professional liability (APL) insurance programs continues the trend of the past few years of both expansions in coverage and risk management with many programs. The market is also...
