Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Global Risk Partners Backs LONMAR’s MBO, Supporting Its Growth Strategy
Apr 27 2016 // Global Risk Partners, the acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout of LONMAR Global Risks, the specialist Lloyd’s broker. The...
AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture
Apr 26 2016 // American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to...
The Keating Group Rebrands as tKg Wholesale Brokerage
Apr 26 2016 // Phoenix, AZ, April 26, 2016- Effective immediately, The Keating Group, the wholesale brokerage arm of Keating Companies, has rebranded as tKg Wholesale Brokerage. Commenting on the change, James Keating, CEO of tKg and...
Fallout from Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Apr 25 2016 // Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Experts are cautioning...
Big ‘I’ Agents Honor Wilson with Yates Lifetime Achievement Award
Apr 22 2016 // The Independent Insurance Agents & Brokers of America (Big “I”) has awarded Bill Wilson with the Jeff Yates Lifetime Achievement Award, the highest honor the association bestows on a non-agent, for a...
New Hampshire’s Minkler Honored With Big ‘I’ Woodworth Memorial Award
Apr 21 2016 // Tom Minkler The Independent Insurance Agents & Brokers of America has awarded Tom Minkler with the Woodworth Memorial Award, the highest honor the association bestows on one of its members, during the annual Big...
Ex-Insurance Agent in East Texas Sentenced to 3 Years for Fraud
Apr 21 2016 // A former insurance agent in East Texas must serve three years in prison for running a $5 million medical investment scam. Robert B. Hahn was sentenced in federal court in Tyler. The 64-year-old Tyler man in November...
The Keating Group in Arizona Rebrands As tKg Wholesale Brokerage
Apr 20 2016 // Phoenix, Ariz.-based The Keating Group, the wholesale brokerage arm of Keating Cos., has rebranded as tKg Wholesale Brokerage. James Keating, CEO of tKg and parent Keating Cos., said the change is to show the brokerage is...
Sanford Joins ECC Insurance Brokers in Illinois
Apr 19 2016 // ECC Insurance Brokers Inc., a subsidiary of Brown & Brown Inc., has added Stephen Sanford in Oak Brook, Ill., as vice president. Sanford joins ECC from Hiscox Insurance’s Executive Liability Group where he was...
General Star Management Adds Title Agents E&O Program
Apr 19 2016 // General Star Management Co. has launched a new E&O program for title agents. Available in all jurisdictions except for Alaska, Hawaii, Louisiana, and West Virginia, the program is offered through American Insurance...
Hearn of CGSC to Become CEO of Lloyd’s Broker CGNMB After Newman Retires
Apr 18 2016 // CGNMB LLP, the London-based Lloyd’s broker, announced that Gordon Newman will retire from his role as CEO on April 20. Subject to regulatory approvals, his role and responsibilities will be assumed by Steve Hearn,...
Agents Storm Capitol Hill
Apr 18 2016 // Independent insurance agents and brokers from all 50 states convened in Washington, D.C., last week for the biggest and most effective industry gathering of its kind: the Big “I” Legislative Conference. Our...
Farewell: Alan Shulman’s Final Column
Apr 18 2016 // Sit down… This is going to be a strange column. First, it’s my last one, as I have just retired. Second, it’s structured as a self-interview. And third, it’s written in the first person; something I...
Sports Business Gets Personal
Apr 18 2016 // Industry Growth Led by Smaller Studios, Individual Trainers The health and fitness industry has exploded in recent years, a trend that experts expect will continue. Gym memberships jumped 18.6 percent in the United States...
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...
