Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
MassMutual Emerges as Potential Buyer of MetLife Retail Group
Feb 26 2016 // MetLife Inc., the life insurer that is reshaping its business mix to limit government oversight, is in talks with Massachusetts Mutual Life Insurance Co. about a possible sale of MetLife Premier Client Group, the...
Keystone Insurers Group Adds 3 Missouri Agencies
Feb 26 2016 // Keystone Insurers Group announced it has added three new partners in Missouri: Scott Agency of Montgomery City, Harrison Agency of Columbia and Anderson & Green Insurance Agency of Sikeston. Harrison Agency was...
Huczek Joins Compass Specialty Risk Assistant VP, Broker
Feb 25 2016 // Middleton, Wis.-based wholesale broker and managing general agent, Compass Specialty Risk LLC, has added Matt Huczek as assistant vice president and broker. Based in Middleton and focused on casualty lines with an emphasis...
With Google Gone, What’s the Future for Online Insurance Shopping?
Feb 25 2016 // The demise of Google’s online insurance comparison site Google Compare is being hailed by some in the industry as a victory for the traditional agency system. But agents may want to hold off on breaking out the...
BB&T to Buy Swett & Crawford for $500M
Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...
UK’s Towergate and Ageas Announce 5-Year Capacity Deal
Feb 24 2016 // Towergate and its subsidiary Arista, a Lloyd’s coverholder, have formed a partnership with the insurer Ageas, which will provide capacity of £60 million ($82.9 million), each year for the next five years. The...
Insurance Industry Analyzes Google’s Failed Online Insurance Experiment
Feb 23 2016 // The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto insurance online. Many...
California Insurance Agent Faces Felony Charges for Pocketing Auto Premiums
Feb 23 2016 // Anthony John Diaz, 35, was arraigned today in the Fresno County Superior Court in California to answer charges that he allegedly stole insurance premiums from policyholders. Diaz was arrested earlier this month by...
Arkansas Insurance Agent Charged with Fraud Ordered to Repay Nearly $128K
Feb 23 2016 // An Arkansas insurance agent has been charged with fraud and ordered to pay $127,748.06 in restitution. The Arkansas Insurance Department revoked the resident producer’s license of Samuel Bowron Phillips of Fort Smith...
Florida’s Citizens Rolls Out New Website for Agents, Insureds
Feb 23 2016 // Citizens Property Insurance Corp. has launched a new website for customers, agents and other stakeholders that, according to the company, offers a more comprehensive gateway into the state’s insurer of last...
Hiscox Launches E-Trading System for U.K. Commercial Brokers
Feb 22 2016 // After a successful pilot, Hiscox has launched Hiscox Trader, a new e-trading solution for U.K. commercial insurance brokers in partnership with insurance technology specialists Open GI London. The new cloud-based...
North Carolina Insurance Agent Charged with Embezzlement
Feb 22 2016 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Jacob Christopher Mullins, 28, of Fremont; he is charged with one count each of embezzlement by an insurance agent, financial card fraud and...
Expert: Targeting High-Risk Shoppers with Mobile Makes Sense
Feb 22 2016 // High-risk shoppers may be one of the best segments for insurance agencies and carriers to target with online and mobile quoting and services. New data from online agency CoverHound shows high-risk shoppers are 93 percent...
Study: Insurance Industry Has a Significant Economic Impact in Michigan
Feb 22 2016 // A recently released study shows the positive contributions the insurance industry makes to Michigan’s economy statewide. The report — Economic Footprint of Michigan’s Insurance Industry — was...
Chubb’s Greenberg Confident Most Top Talent, Agents to Stay
Feb 22 2016 // Chubb Chairman and CEO Evan Greenberg believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. “I don’t kid myself....
Merger and Acquisition Activity Sets New High-Water Mark
Feb 22 2016 // Merger and acquisition activity for 2015 set a new record with 456 deals, sailing past the previous high-water mark of 325 deals set in 2012, according to recent data. The fourth quarter closed with 104 announced...
Agency Compensation: Unequal Pay For Women?
Feb 22 2016 // Prev Next 20160218_salary_survey_01 2016 Salary Survey 20160218_salary_survey_02 2016 Salary Survey 20160218_salary_survey_03 2016 Salary Survey 20160218_salary_survey_04 2016 Salary Survey 20160218_salary_survey_05 2016...
On the Water: Travelers’ Shasha Talks Boats for the Summer
Feb 22 2016 // With more than 12 million registered vessels nationwide, the boat and yacht market presents an interesting opportunity for agents and brokers to add to their book. Boats are a growing opportunity for Travelers as well,...
Unlicensed Georgia Agent Arrested for Stealing Premiums From Florida Seniors
Feb 19 2016 // The Florida Division of Insurance Fraud (DIF), which operates under the direction of Chief Financial Officer Jeff Atwater, announced the arrest of William David Rodeffer III of Folkston, Ga. Rodeffer allegedly accepted...
2,000 Agents Can’t be Wrong: They’re About to Tell Us What They Want from Carriers
Feb 11 2016 // Channel Harvest Research, in partnership with Insurance Journal, recently launched its 2016 national survey of independent agents’ attitudes about their carrier partners. This is the ninth annual study on key...
