Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
10 Things to Know About Umbrella Coverage
Jun 20 2016 // There is no “standard” umbrella. — Christopher J. Boggs, vice president of education, Insurance Journal Academy of Insurance Agents should visit the topic of excess casualty coverage with every new client and...
Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson
Jun 20 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS). While price changes in the...
California Agent Pleads Guilty to Selling Bogus Bonds and Premium Theft
Jun 20 2016 // John Antonio Ruiz, 49, of Riverside, Calif., pleaded guilty earlier this month to 11 felony counts of grand theft after selling $334,972 in bogus surety bonds and stealing the client’s premium. His theft left a major...
What Agents Should Know About the Surety Bond Market
Jun 20 2016 // As a property/casualty insurance agent, you’re used to focusing on providing your clients with top-quality service and serving as a great resource for all insurance questions they might have. Then suddenly your...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
Jun 20 2016 // Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now? Could be, according to Daniel Nash, senior vice president of Field Operations and Business...
SIAA Helping Smaller Agents Become ‘Instantly Big’
Jun 17 2016 // SIAA (Strategic Insurance Agency Alliance) announced in March that it has reached a milestone — its members recorded $6 billion of in-force written premium in 2015. This was achieved as SIAA celebrated its 20th...
Philadelphia Insurance Renews Campaign to Plant 80K Trees
Jun 17 2016 // Philadelphia Insurance Companies (PHLY) in Bala Cynwyd, Pennsylvania, announced that it is continuing its partnership this year with the Arbor Day Foundation with a goal of planting 80,000 trees for the second year in a...
Smart Choice Agency Network Tops 5,000 Members
Jun 17 2016 // The Smart Choice Agents Program, which provides independent insurance agencies with access to personal and commercial lines markets in 41 states, said it has added nearly 400 new agency partners already this year, bringing...
5 Principles for Navigating Complex Property/Casualty Claims
Jun 16 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Deadline Looms for Citizens Appointment Agreements Addressing Data Security
Jun 16 2016 // Appointed agents and agencies of Florida’s Citizens Property Insurance Corp. have just two weeks left to sign new appointment agreements or have their contract with the state-run insurer terminated. Agreements...
Virginia Says 172K Former Licensed Agent Records May Have Been Breached
Jun 16 2016 // Virginia’s State Corporation Commission (SCC) is advising former licensed insurance agents of the potential improper access to their personal data by a former contractor. The suspected compromise of personal data...
Agents May Now Offer Texas Legal Insurance Plans to Clients
Jun 15 2016 // Nonprofit legal insurance provider, Texas Legal, announced it has launched a Producer Program to allow agents and brokers to offer Texas Department of Insurance-regulated legal insurance plans to clients. Agents who are...
Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Startup Health Broker Zenefits Cuts More Jobs; CEO Vows ‘Total Redesign’
Jun 15 2016 // Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too...
BurialInsurance.org- an Integrated Approach to Shop for and Receive Burial Insurance
Jun 15 2016 // Seattle, WA, June 15, 2016- Seabend Inc, a full service final expense agency disrupting the industry is changing the way people shop for and are sold, Funeral Insurance. Seabend owns www.burialinsurance.org and is helping...
Texas Insurance Agent Arrested in Scam Targeting Elderly Clients
Jun 14 2016 // A Lubbock, Texas-based insurance agent has been arrested on charges of defrauding elderly victims through an annuity scam. The Texas Department of Insurance reported that Joseph Allen Gaines was arrested last month on...
New .Insurance Domain Names Become Available Today
Jun 14 2016 // The internet domain extension reserved for the global insurance industry— .insurance — will become available starting today, June 14, at 8 p.m. ET. The new extension means an independent agency at...
Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson
Jun 13 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS). While price changes in the...
tKg Wholesale Brokerage to Expand Transportation Division
Jun 13 2016 // Phoenix, AZ, June 13, 2016 – tKg Wholesale Brokerage has embarked on a major expansion of its Transportation Division. Under the leadership of Ed Havermann, the Transportation Division is poised to become one of the...
Alan Lewis Joins Breckenridge Insurance Services as Vice President, Broker
Jun 10 2016 // Atlanta, GA, June 10, 2016 — Alan Lewis has joined Breckenridge Insurance Services wholesale brokerage division as a vice president, broker. Lewis last led the Epic Intermediaries Inc. Chicago-area office and brings...
