Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Obama Budget Calls for Increased Cybersecurity Funding, New High-Level Post
Feb 10 2016 // The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal...
Donald Gaddis Co. Adds Cale as Senior P/C Broker
Feb 9 2016 // Chicago-based independent regional wholesale insurance brokerage and general agent, Donald Gaddis Co. Inc., has hired Angela Cale as a senior property/casualty broker. Cale has 23 years of experience in the excess and...
Insurance Agency Growth, Profits Slipped in 2015 on Oil Bust, Soft Market: Reagan
Feb 9 2016 // Insurance agency and brokerage organic revenue growth slowed to 4.6 percent for 2015, according to the latest Reagan Consulting Organic Growth and Profitability (OGP) survey. That was down from the organic growth of 6.2...
CEO Exits As Tech Startup Broker Zenefits Confronts Culture, Compliance Bugs
Feb 9 2016 // Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad and appointed a new leader for the troubled tech company. David Sacks, a former executive at...
CEO Greenberg Confident Most Top Talent, Agents Will Stay with New Chubb
Feb 8 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....
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Brands & Independent Insurance Agencies
Feb 8 2016 // Much has been discussed and considerable investments have been made specific to branding within the independent insurance agency market over the past five to 10 years. Intense pressure to “brand” exists because...
Listen to Your Customers, and Win
Feb 8 2016 // For decades, the competitors of independent insurance agents have been frustrated. It seems that every so often our industry is treated to a parade of consulting firms predicting the impending demise of the independent...
Ghost of 2008 Crash Still Haunts Real Estate E&O
Feb 8 2016 // The ghost of the 2008 financial collapse still haunts the liability insurance market for real estate professionals and some are worried the business may be headed for a replay of that crisis. While it is still recovering...
Agents Say Blizzard Losses Relatively Light So Far
Feb 8 2016 // A massive blizzard, unofficially named Winter Storm Jonas by the Weather Channel, swept through the East Coast over the Jan. 23-24 weekend. The storm brought heavy snowfall and blizzard conditions to much of the...
ITC Agent Conference to Feature Panel of Online Insurance Aggregators
Feb 5 2016 // Insurance Technologies Corporation (ITC), a Carrollton, Texas-based provider of agency marketing, rating and management software and services, announced that a panel of online aggregators will present the keynote address...
U.S. Risk names Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San Francisco Office
Feb 5 2016 // Dallas, TX, February 4, 2016- U.S. Risk Insurance Group, Inc., the nations’ sixth largest Property and Casualty wholesaler announced that it has named Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San...
Tennessee Disciplines 3 Insurance Agents for Violations, Fraudulent Conduct
Feb 5 2016 // The Tennessee Department of Commerce & Insurance (TDCI) announced disciplinary actions against three former Tennessee licensees for the intentional misrepresentation of policy terms, forgery, and the use of fraudulent...
