Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Abacus Insurance Brokers Launches Professional Small Business Program
Jun 3 2016 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched its online Professional Small Business Program. The program provides general liability,...
Hub’s Program Brokerage Corporation Hires Fry as Assistant VP in NYC
Jun 3 2016 // Program Brokerage Corporation, a wholesale brokerage/managing general agency (MGA) and a subsidiary of Hub International Northeast, has hired Matthew Fry as assistant vice president. Based in the New York City office, Fry...
Financial Industry Files Suit Against Obama Fiduciary Standard for Retirement Plan Brokers
Jun 3 2016 // Wall Street and business lobbying groups have teamed up to fight the Obama administration’s new rules for U.S. brokers managing retirement accounts, saying the regulations include a ” deliberately...
UK Broker Bluefin Extends Loss Recovery Insurance Partnership with Lorega
Jun 2 2016 // Bluefin, the London-based insurance broker, has extended its existing loss recovery insurance services partnership with Lorega Ltd., the UK MGA and assistance specialist, across its middle market commercial business. The...
California Agent Pleads Guilty to Selling Bogus Bonds and Premium Theft
Jun 1 2016 // John Antonio Ruiz, 49, of Riverside, Calif., pleaded guilty 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 retailer exposed...
Wisconsin Agents Group Honors Robertson Ryan Leaders
Jun 1 2016 // At the 2016 Independent Insurance Agents of Wisconsin (IIAW) annual conference, several leaders at Robertson Ryan & Associates (RRA) were recognized for their insurance industry achievements. Jason Bott was recognized...
IIABNY CEO Poppa Honored by Long Island Insurance Agents
Jun 1 2016 // Richard Poppa Richard Poppa, president and CEO of the Independent Insurance Agents & Brokers of New York (IIABNY), has received the Vincent A. Alba Lifetime Achievement Award from the Independent Insurance Agents...
Munich Re America Taps Stuhl for Broker Relations Senior VP Post
Jun 1 2016 // Joe Stuhl has been named senior vice president and broker executive for Munich Reinsurance America’s (US) reinsurance division. Previously Stuhl was a client manager in the reinsurance division and oversaw some of...
Chipotle Serves Up Lessons for Restaurant Brokers and Their Insureds
Jun 1 2016 // The Centers for Disease Control and Prevention (CDC) estimates that one-in-six Americans gets sick every year from contaminated food or beverages. Those in the restaurant industry cannot ignore the risks. The recent chain...
Purifoy Elected President of Combined Agents of America
May 31 2016 // The independent insurance agency network, Combined Agents of America LLC (CAA), has elected Mack Purifoy to serve as president for the coming year and secretary David Wellmann to serve as secretary. Purifoy owns Purifoy...
PIANY’s Priority Legislation Introduced to Address CE Requirements
May 27 2016 // The Professional Insurance Agents of New York State Inc. (PIANY) said New York State Assembly has introduced a PIANY-drafted bill (A.10378) that would eliminate the need for agents and brokers to take duplicate...
Ropner Insurance Services Appoints 6 New Brokers as Part of Ongoing Expansion
May 27 2016 // Ropner Insurance Services Ltd., the Lloyd’s and London market broker, has appointed six new brokers as part of its ongoing expansion, following the Global Risk Partners Ltd.-backed management buyout last year: Gary...
The Unpleasantness of Selling and Buying Insurance
May 26 2016 // Do you have a minute to talk about your death? It isn’t easy to sell life insurance. Investing in a mutual fund, you feel like you’re saving money. Purchasing insurance, you feel like you’re spending...
South Dakota Reminds Surplus Lines Insurance Brokers of Policy Filing Changes
May 26 2016 // The South Dakota Division of Insurance has issued a bulletin to surplus lines insurance brokers of changes in store for the filing of surplus lines policies. The changes are due to the wind down of the Nonadmitted...
Independent Insurance Agents of Virginia Names New Education Director
May 25 2016 // Carter Hope Lyons The Independent Insurance Agents of Virginia (IIAV) has hired Carter Hope Lyons as director of Education and Professional Development. Based in IIAV’s Richmond, Virginia, office, Lyons will also...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
May 24 2016 // Powered by InsuranceJournal.tv 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...
Washington Commissioner Fines Insurance Professionals $113K
May 23 2016 // Washington Insurance Commissioner Mike Kreidler issued fines in April totaling $113,600 against insurance companies, agents and brokers who he said violated state insurance regulations. The list, which Kreidler’s...
R-T Specialty Hires CRC Exec Sparling in New York
May 23 2016 // R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC, has hired J.C. Sparling as executive vice president. He is based in New York City. Sparling is a seasoned property wholesale broker who has been...
Fraud Leads to 20-Year Prison Sentence for Houston Insurance Agent
May 23 2016 // Harris County District Attorney Devon Anderson that a Houston-based insurance agent has been sentenced to 20 years in prison after a Texas Department of Insurance investigation uncovered an annuity scam, in which she...
Staying Relevant in the Age of the Customer
May 23 2016 // Laptops, smartphones and tablets are giving consumers the power to make buying decisions from anywhere, and at any moment of their choosing. “We’ve entered this new age — the age of the customer,”...
