Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Agencies’ Greatest Struggle
Aug 8 2016 // An agency’s greatest struggle, per many surveys, is finding staff and producers. What if they were as available as different loaves of bread and you could go to a supermarket to purchase producers and...
Robust M&A Deal Activity Continues in Q2 2016
Aug 8 2016 // Merger and acquisition activity was slower in the second quarter of 2016, compared to Q2 2015, but was still above 2012, 2013 and 2014 levels for the same period. In Q2 2016, there were 88 transactions, compared with 119...
Retention Strategy with Millennial Policyholders
Aug 8 2016 // Within the last decade, the global business marketplace as a whole has undergone several facelifts when it comes to the comprehensive sales process. Perhaps the most noticeable change within this spectrum is the hefty...
Congratulations Top Agencies
Aug 8 2016 // This year marks the 12th annual publication of Insurance Journal‘s Top 100 Agencies special report. This year’s Top 100 welcomes nine newcomers: Cross Financial Corp. (Cross Insurance); Prime Risk Partners...
The Future of Insurance Belongs to Intermediaries
Aug 8 2016 // Great efforts have been made recently to disintermediate the insurance process. One prevalent example of this is by routing insureds directly to the carrier, bypassing the independent agency distribution channel. More and...
Michigan Insurance Agents Accused of Pocketing Premiums, Unlicensed Activity
Aug 5 2016 // The Michigan Department of Insurance and Financial Services (DIFS) has issued a cease and desist order against Angella Swain-Jones (alias Stacey or Sarah) and summarily suspended the insurance license of Cornell Jones and...
SLSOT Using Data to Better Communicate with Surplus Line Market Stakeholders
Aug 4 2016 // Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which...
Agent-Broker Organic Growth Slows to 5-Year Low: Reagan Consulting
Aug 4 2016 // Organic revenue growth in independent insurance agencies and brokerage fell to 4.0 percent for the second quarter of 2016, down sharply from 5.9 percent for the second quarter of 2015, and the lowest rate since 2011, as...
PIA of Georgia Names New Officers; Tillman Elected President
Aug 4 2016 // Members of the Professional Insurance Agents of Georgia (PIA of Georgia) elected Hamilton Tillman serve as president at their annual meeting held at Lake Oconee, Georgia. Tillman is president of Tillman Insurance Agency,...
Miami Agent Gets 2-Year Prison Sentence for Issuing Fake Insurance Policies
Aug 4 2016 // A former insurance agent in Miami has been convicted and sentenced to prison on multiple felony charges, including creating fake insurance documents for his clients. The Florida Department of Financial Services’...
Atlas General Insurance Services Announces New Online Workers’ Compensation Platform, GoQuote
Aug 3 2016 // San Diego, CA, August 3, 2016 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the launch of GoQuote, a new online quoting system for managed...
J.M. Wilson Promotes Galecka; Hires Richards and Moloney
Aug 1 2016 // J.M. Wilson, based in Portage, Mich., has promoted Kristy Galecka to senior property/casualty underwriter and garage specialist. Galecka is responsible for quoting new and renewal accounts for a wide variety of commercial...
Starnes Succeeds Basso as CEO at Worldwide Broker Network in California
Aug 1 2016 // San Mateo, Calif.-based Worldwide Broker Network’s board of directors has elected Francie Starnes as CEO. Starnes succeeds Bruce Basso, who becomes chairman emeritus. Starnes was named WBN president and chief...
Brokers Assess Current Construction Insurance Market: Thumbs Up
Jul 29 2016 // Amid ups and downs, the construction market has nevertheless enjoyed steady growth over the past four years. Now construction insurance specialists believe the market is really heating up. The competition has carriers...
QBE to Supply General Insurance Products for Manulife Customers in Hong Kong
Jul 29 2016 // Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through...
ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services
Jul 28 2016 // Insurance Technologies Corporation (ITC), headquartered in Carrollton, Texas, and Compare.com, based in Richmond, Va., have partnered to help provide more auto insurance quotes to online insurance shoppers, the companies...
JLT Re Names Chandler EVP And Managing Broker in California
Jul 28 2016 // JLT Re has named Pete Chandler executive vice president and managing broker. He will be based in JLT Re’s San Francisco, Calif. office and report to Ed Hochberg, CEO of JLT Re in North America. Chandler comes from...
Capsicum Re Hires Bousfield, Palmer and O’Dwyer-Smith to Cyber Team
Jul 27 2016 // Capsicum Re*, the specialist reinsurance broker, announced it has hired Patrick Bousfield, Jane Palmer and Alice O’Dwyer-Smith to its cyber team. They are based in the London office and report to Ian Newman, a...
SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders
Jul 25 2016 // Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which...
Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk
Jul 25 2016 // Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members...
