Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates
Jun 14 2024 // The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft Associates LLP and its sister company and appointed representative, Inspire Credit...
Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now
Jun 13 2024 // It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top...
Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly
Jun 13 2024 // A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of...
Insurance Broker Witness at Menendez Bribery Trial Faced Tough Cross-Examination
Jun 13 2024 // The prosecution’s prized turncoat witness at the bribery trial of U.S. Sen. Bob Menendez was politely combative Tuesday as defense lawyers tried to poke holes in his testimony and portray him as a habitual liar. Jose...
Artemis Risk Solutions Launches Insurance Brokerage, Names Executive Team
Jun 12 2024 // Artemis Risk Solutions, a recently formed insurance brokerage specializing in employee benefit solutions, property & casualty, and personal lines formally has announced its launch. Co-founded by industry veterans Clint...
Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners
Jun 11 2024 // Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that...
Carolina Insurance Agent Charged With Forging Life Insurance Policies on 16 People
Jun 7 2024 // North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people. Jonathan Michael Vlasak, 35, a licensed producer qualified to sell...
Maryland Governor Requires All State Agencies to Submit Climate Change Plans
Jun 7 2024 // State agencies in Maryland will be required to submit a plan to help address climate change and reduce greenhouse gas emissions, under an executive order signed by Gov. Wes Moore on Tuesday. The plan calls for all state...
Fort Myers Life Insurance Broker Charged With Policy Fraud, Misusing ID Info
Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information. Bryce Corey...
Broker Verlingue Launches Dedicated Construction Practice in UK
Jun 4 2024 // Chartered insurance broker Verlingue Ltd. has established a new dedicated construction practice to serve the UK’s fast-growing construction industry. The practice, led by Harvey Monk, sales director South, brings...
National Alliance for Insurance Education & Research Partners with BrokerTech Ventures to Launch a Foundational Insurance for Insurtech Professionals Course
Jun 3 2024 // Austin, TX., June 3, 2024 – In an innovative move to bridge the knowledge gap in the rapidly evolving insurance/insurtech landscape, The National Alliance for Insurance Education & Research has partnered with...
Exploring AI: Fascination with AI, Not Fear Will Drive Success for Independent Agents
Jun 3 2024 // I remember watching Michael Crighton’s “Westworld” in 1973. Two vivid impressions from that experience remain. The first was my date breaking my glasses when she screamed and threw her arms open during a...
A New Approach: Florida Agents’ Association Makes Big Investment in Startup Insurer
Jun 3 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, this spring took the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and...
Marsh McLennan Acquires Texas’ Perkins Insurance Agencies
May 31 2024 // Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins...
Miller to Acquire Spanish Specialty Re/Insurance Broker Bruzon
May 30 2024 // Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon...
US Intelligence Agencies’ Embrace of Generative AI Is Wary and Urgent
May 28 2024 // Long before generative AI’s boom, a Silicon Valley firm contracted to collect and analyze non-classified data on illicit Chinese fentanyl trafficking made a compelling case for its embrace by U.S. intelligence...
People Moves: BHSI Promotes Riley to Lead Casualty Biz in Canada as DeSouza Retires; Broker Insights Names Scott CEO, Succeeding Edmond Who Becomes President
May 24 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and the software developer Broker Insights. BHSI Names Riley to Lead Casualty Business in Canada as DeSouza...
Virginia Insurance Agent Sentenced for Writing Policies Without Clients’ Consent
May 24 2024 // A Virginia insurance and annuities agent was sentenced to one year and three months years in prison for mail fraud after swindling his employer and clients in multiple schemes. According to court documents, from August...
Axis Insurance Managers Acquires Canadian Broker Magnes Group
May 23 2024 // Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc. Axis Insurance said it made its initial investment in Magnes in 2015. Financial details of the...
Florida Agents Will Soon Need Three Appointments Before Selling Citizens
May 23 2024 // Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid...
