Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
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...
