Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
The Competitive Advantage: Agency Owners of Yesterday and Today
Dec 5 2016 // When I began my career, many agency owners I met had founded their agencies in the Great Depression. To this day, I am amazed that anyone in the middle of a truly horrible economic depression would open a property/casualty...
North Carolina Surplus Lines Association Prepares to Launch New Stamping Office
Dec 5 2016 // Surplus lines agents doing business in North Carolina can now begin registering with the recently established North Carolina Surplus Lines Stamping Office as new rules regarding resident and non-resident surplus lines...
Insurance Associations AAMGA, NAPSLO Move Forward with Merger Talks
Dec 2 2016 // A possible merger of the nation’s two major excess and surplus lines organizations is on track. The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines...
Audit Hits Regulator for Not Testing Brokerage Firms’ Cyber Security Policies
Dec 2 2016 // The U.S. Commodity Futures Trading Commission failed to verify whether futures and swaps brokerage firms have adequate policies to help ward off cyber attacks, an internal CFTC audit found. The audit was completed in...
Acentria Expands Into Miami Through Partnership with iSure Insurance Brokers
Dec 2 2016 // Acentria Insurance has expanded its presence in South Florida through a merged partnership with iSure Insurance Brokers, located in Miami. Established in 1984, iSure Insurance Brokers specializes in commercial insurance,...
Washington Commissioner Deems Zenefits’ Free Software Offer Illegal
Dec 1 2016 // This story has been updated with comment from Zenefits. Washington Insurance Commissioner Mike Kreidler ordered Zenefits to cease free distribution of its employee benefits software, saying the tactic violates state...
Aon Agrees to Buy Brazil Health & Benefits Broker and Solutions Firm, Admix
Dec 1 2016 // Aon announced it has entered into an agreement to acquire Admix, a leading health and benefits brokerage and solutions firm in Brazil. Financial terms of the agreement, which was announced on Nov. 25, were not disclosed...
Maximum Adds P&C Expert Murray to Florida Office
Dec 1 2016 // Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has added Michelle Murray, who has a property and casualty background, to its office in Tampa, Fla. Murray is a Tampa native and will offer...
Breckenridge Insurance Services Announces Several Key Promotions
Nov 30 2016 // Atlanta, GA, November 30, 2016- Breckenridge Insurance Services announced the promotions of several key team members in its wholesale brokerage and contract binding division. Alex Rinehart has been promoted from vice...
Hong Kong-Based Latitude Brokers Launches P&I Club Comparison Tool
Nov 29 2016 // Latitude Brokers, the Asia-based marine insurance specialist, has launched PILOT, an online protection & indemnity (P&I) club comparison tool. In time for the 2017 P&I renewal season, PILOT distills critical...
California Fines Online Benefits Firm Zenefits $7M Over Unlicensed Employees
Nov 28 2016 // California Insurance Commissioner Dave Jones today levied $7 million in penalties against online benefits broker Zenefits for multiple license violations. Zenefits was charged with allowing unlicensed employees to transact...
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...
