Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurers Hiscox, American Family Back Bunker, a Startup Broker for Gig Economy
Oct 4 2016 // Bunker, a Hiscox and American Family-backed startup billing itself as the first contract-related insurance marketplace, has officially left startup mode and unveiled its first product. The target audience: independent...
Hamilton, AIG, Two Sigma Small Business Platform to Launch Q4
Oct 3 2016 // American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise...
Berkshire’s Applied Underwriters Defends Workers’ Comp Products, Says Brokers Should Not Be at Risk
Oct 3 2016 // Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative...
Insurance Agents Among Missouri’s Top 10 New Business Creators
Oct 3 2016 // Missouri saw an increase in private sector employers last year, and insurance agents and brokers were among the top 10 new business creators in the state. In 2015, Missouri gained more than 8,700 private-sector employers,...
Worldwide Facilities Adds Motor Truck Cargo/Auto Physical Damage Program
Oct 3 2016 // National wholesale insurance broker and managing general agent Worldwide Facilities is now offering a motor truck cargo/auto physical damage program significantly expanding its offerings to commercial transportation...
Former Michigan Agent Ordered to Stop Selling Fake Auto Insurance
Oct 3 2016 // The Michigan Department of Insurance and Financial Services (DIFS) has ordered a Farmington man to stop selling fraudulent automobile insurance certificates through his company, SBS Agency. DIFS issued cease and desist...
Special Report: Best Agencies to Work For 2016
Oct 3 2016 // The votes were tallied and the results are in for the 2016 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For in 2016 highlight different programs or...
Spotlight: 6 Things to Consider When Insuring Restaurants & Bars
Oct 3 2016 // Kevin O’Connor, president of McGowan Hospitality, is no stranger to insuring the risks associated with restaurants, bars, taverns and nightclubs. He has spent the past 33 years in the sector as a reinsurance broker,...
Strategic Carrier Mistakes and New Blood Opportunities
Oct 3 2016 // Carriers have made a huge mistake. Most do not yet get it. Some never will grasp the mistake they’ve made. Some will know but will forever deny they have made the mistake. However, it is a strategic mistake...
Maryland’s Amended Premium Increase Notice Requirement to Take Effect
Sep 30 2016 // The reenacted Maryland Insurance Article set to take effect on Saturday, Oct. 1, is expected to lift the administrative burden and lack of clarity caused by mandatory notification of minor premium increases, according to a...
Independent Insurance Agents & Brokers of New Jersey Inaugurates Board
Sep 29 2016 // The Independent Insurance Agents & Brokers of New Jersey (IIABNJ), a Trenton, N.J., based non-profit organization representing independent insurance agents and employees in local communities throughout New Jersey,...
Oklahoma to Hold Free Forums for Workers’ Comp Agents, Adjusters
Sep 28 2016 // Workers’ compensation professionals in Oklahoma will have the opportunity to learn crucial information about the industry at two free events. The Oklahoma Insurance Department and the National Council on Compensation...
Global Risk Partners Buys Marshall Wooldridge, a UK Broker with Growth Plans
Sep 27 2016 // Global Risk Partners Limited (GRP), the acquisitive insurance broking and managing general agent investment vehicle, has acquired Marshall Wooldridge, a UK commercial insurance broker which controls in excess of £20...
Universal P&C’s Direct-to-Consumer Homeowners Site Now Selling in 10 States
Sep 27 2016 // Universal Direct, a direct-to-consumer online platform for Universal Property & Casualty Insurance Co. homeowners insurance, is now available in Florida, Hawaii and North Carolina. With these additions, the direct...
Could Trouble with Comp Products from Berkshire Affiliates Land in Brokers’ Laps?
Sep 26 2016 // Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in New York and California could end up being strapped with...
ICW Group Now Writing Workers’ Compensation in Michigan, Oklahoma, Tennessee, Virginia
Sep 26 2016 // ICW Group Insurance Companies has begun writing workers’ compensation four additional states—Michigan, Oklahoma, Tennessee and Virginia. The San Diego-based company says the move bolsters its presence across the...
Independent Insurance Agents & Brokers of America Elects Costello to Executive Committee
Sep 26 2016 // Independent Insurance Agents & Brokers of America (IIABA) has announced that John Costello has been elected as an at-large executive committee member. In this role, Costello will work to provide general direction and...
Big ‘I’ Agents Promote McPhillips to Lobbying Team
Sep 23 2016 // The Independent Insurance Agents & Brokers of America (Big “I”) has promoted Jennifer McPhillips to vice president for federal government affairs. McPhillips first joined the Big “I” team in...
Michigan Educator Is InVEST Program’s Teacher of the Year
Sep 22 2016 // Monique Colizzi, who taught InVEST insurance courses at Charlotte High School (CHS) in Charlotte, Michigan, has been honored with the 2016 InVEST Teacher of the Year Award. The InVEST program, which is affiliated with the...
