Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Survey: Revenue Up, Independent Agents Seeking New Carriers
Apr 18 2016 // Independent insurance agents continue to grow and want to grow more with the help of new carrier appointments. This is one of the initial findings of a new national survey of agents conducted by Channel Harvest Research...
Florida Insurer Launches Company Offering Admitted, Standalone Flood Coverage
Apr 18 2016 // A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap. The new company, a wholly owned subsidiary of Homeowners Choice Property...
Court: Tribune Shareholder Suit Against Chicago Insurance Broker May Proceed
Apr 18 2016 // Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to proceed a lawsuit filed against a large Chicago insurance brokerage by two former...
Texas Republican Congressman Named Big ‘I’ Legislator of the Year
Apr 15 2016 // Rep. Mike Conaway (R-Texas), chairman of the U.S. House of Representatives Committee on Agriculture, is the Gerald Solomon-Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Legislator...
Independent Agents Seek New, Strong Performing Carriers: Survey
Apr 14 2016 // Independent insurance agents are seeing revenue growth and would like to grow more, but they’ll need help from carriers. Agents indicate a strong desire to add new carriers, but only if those carriers can demonstrate...
San Antonio Independent Agents Honor Whitaker with Binford Award
Apr 14 2016 // The Independent Insurance Agents of San Antonio (IIASA) has honored Gary Whitaker with the Ben R. Binford Award for outstanding service. Whitaker is vice president of Whitaker Insurance Associates. During his 30 years of...
People Deserve Second Chances, even in the Insurance Industry
Apr 14 2016 // Two years ago, the online health-insurance broker and human-resources portal Zenefits hired an insurance agent with a criminal record. Now the San Francisco Chronicle is attacking the firm for that decision. While Zenefits...
XL Catlin Hires Gouraud as Head of Strategic Client & Broker Mgmt. – Insurance
Apr 14 2016 // XL Catlin announced it has appointed Philippe Gouraud as head of Strategic Client and Broker Management for its Insurance segment, effective April 15, 2016. Based in London, he reports to Kelly Lyles, chief regional...
Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage
Apr 14 2016 // New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance...
West Virginia Agent Pleads Guilty to Burning Down His Own Home
Apr 14 2016 // A West Virginia man has pleaded guilty in federal court to aiding and abetting arson and conspiracy to tamper with a witness. The U.S. attorney’s office for the Southern District of West Virginia said in a news...
California Insurance Agent Convicted of Worker’s Comp Insurance Fraud
Apr 13 2016 // Kannai David Scantlen, 41, of Valley Springs, Calif., a former insurance agent conducting business as Kan I Save Insurance Services, was convicted of insurance fraud and sentenced to 60 days, three years of formal...
Powell to Retire from North Carolina Agents Group; Will Join Appalachian State University
Apr 12 2016 // The Independent Insurance Agents of North Carolina (IIANC) announced that E. Stuart Powell Jr., MA, CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS will retire on July 31, 2016 from his current position as vice president...
Insurance Brokers Say Series of Superyacht Fires Likely Coincidence
Apr 11 2016 // It started with a puff of smoke, seeping slowly into the clear and sunny St. Thomas air on a mid-March afternoon. “I went into a meeting, and when I came out, it was very on fire,” recalled Ryan Nichols, who...
Get the Full View of M&A and Organic Growth Best Practices
Apr 11 2016 // Woodmere, OH, April 11, 2016 – MarshBerry is excited to once again host the MarshBerry 360 Seminar Series. These educational events provide a comprehensive packet of strategies that help insurance agencies and brokers as...
Tribune Shareholder Suit Against Chicago Insurance Broker OK’d to Proceed
Apr 8 2016 // Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to go forward a lawsuit filed against a large Chicago insurance brokerage by two former...
Final Retirement Advisor Rule Reflects Some Changes Sought by Industry
Apr 6 2016 // U.S. brokers managing retirement accounts must adhere to tough new standards under an Obama administration rule released Wednesday that aims to protect millions of savers from conflicted investment advice. The Labor...
Georgia-Based Trinity Underwriting Managers Hires Finley as Senior Broker
Apr 6 2016 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has hired Bonita Finley as a senior transportation broker. Finley will help manage TUMI’s local and intermediate trucking business as...
Commercial Insurers Moderated Rate Cuts Slightly in March: MarketScout
Apr 5 2016 // Commercial insurers eased up slightly on rate cutting in March, according to the MarketScout barometer for the month. After three straight months of price cuts averaging 4 percent, U.S. commercial property, inland marine,...
Former Oklahoma Insurance Agent Pleads Guilty to $500K Scam
Apr 5 2016 // A former insurance agent in Oklahoma has pleaded guilty to scamming $505,126.43 from his clients, the Oklahoma Insurance Department announced. A joint investigation including the OID’s Anti-Fraud Unit led to the...
Regulatory SOS: Leveraging Change to Succeed in the Flood Space
Apr 5 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 5, 2016- Change isn’t always easy. If you’re an insurance agent or WYO facing the April 1, 2016, regulatory changes to the National Flood...
