Latest Agencies Headlines

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

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...

Boston Insurance Brokerage Names Hicks VP in Colorado Office

Apr 4 2016 // Boston Insurance Brokerage has named Zachary Hicks vice president in the Denver Colo. office. Hicks will focus on environmental insurance. He previously was a senior environmental underwriter for Chubb Insurance...

What Young Agents Like & Don’t Like

Apr 4 2016 // This issue of Insurance Journal features exclusive results from the 2016 Young Agents Survey in which more than 500 young agents nationwide shared their views on the insurance industry and their experience as an agent....

‘Brexit’ Would Hurt or Severely Damage Lloyd’s of London: Survey

Apr 4 2016 // A survey of London market insurers, brokers, and service providers revealed that 70 percent believe a U.K. exit from the European Union would hurt or severely damage Lloyd’s of London, according to Haggie Partners, a...

Adding Client Value: Rounding Out Your Portfolio with Private Flood Insurance Options

Apr 4 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 4, 2016- As you may know, the world of flood is changing. As of April 1, 2016, the National Flood Insurance Program (NFIP) is implementing new changes...

BB&T Completes Acquisition of Swett & Crawford

Apr 4 2016 // BB&T Corp. said it has completed its acquisition of wholesale insurance and reinsurance broker CGSC North America (Swett & Crawford) from Cooper Gay Swett & Crawford. North Carolina-based BB&T said it...

Growth in Cyber Coverage Expected as Underwriting Evolves

Apr 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to refine underwriting requirements, according to industry...

The Risk in Insurance Reviews

Apr 4 2016 // How is it that a certificate of insurance — that seemingly simple, straightforward and most innocent of documents — can be so complex? The certificate of insurance acknowledges the writing and existence of an...

Conflicts of Interest and Rebating

Apr 4 2016 // Time flies but history repeats. Enough time has passed that many people working in insurance today have no experience relative to the disruption, fear and frustration generated by the inquires of various state attorneys...

Young Agents’ Optimism High on Career Choice, Income and Future of Agency System

Apr 4 2016 // It’s no secret that the insurance industry is facing a huge talent gap. Almost half of all insurance professionals are over age 45, with 25 percent of the industry expected to retire by 2018. That’s a...

Riding Out the “Perfect Storm”: Navigating Change in Today’s Volatile Flood Insurance Market

Apr 1 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 1, 2016- If you are an insurance agent trying to survive in today’s competitive marketplace, you may have dipped your toes in the flood insurance...

Dunn to Lead Dallas Office of AmWINS Brokerage of Texas

Apr 1 2016 // AmWINS Group Inc. (AmWINS) has selected Craig Dunn to lead the Dallas office of AmWINS Brokerage of Texas. Dunn succeeds Todd Teitell, who is retiring after having served as office president since 1997. Prior to being...

First Robot-Run Insurance Agency Opens for Business

Apr 1 2016 // Goodbye agency principals, producers and customer service reps, hello Roberto Siber, CPCU. Siber is the buff, blue-eyed and bald principal of the Buyonic Insurance Agency in Austin, Texas. This insurance android is more...

Arthur J. Gallagher Acquires Joseph Distel & Co. in Connecticut

Mar 30 2016 // Arthur J. Gallagher & Co. announced the acquisition of Joseph Distel & Co. Inc. in Farmington, Connecticut. Terms of the transaction were not disclosed. Founded in 1955, Joseph Distel & Co. is a managing...

Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey

Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...

Blue River Underwriters Expands Auto Dealer Program Nationally With Acquisition of Platinum Program Managers and Insurance Services

Mar 30 2016 // Atlanta, GA, March 30, 2016 — Blue River Underwriters, a Breckenridge Insurance Group company, has acquired California-based wholesale commercial auto insurance provider Platinum Program Managers and Insurance Services....

Ames & Gough Hires Sinks as Broker in Virginia

Mar 29 2016 // Cady M. Sinks Ames & Gough, a specialty insurance brokerage based in McLean, Virginia, has hired Cady M. Sinks as a broker. Sinks has more than 12 years of experience in risk and insurance services. At Ames &...

Get the Full View of M&A and Organic Growth Best Practices

Mar 28 2016 // Woodmere, OH, March 28, 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...

Ageas UK Appoints Cardinus Risk Management to Provide Risk Surveys & Platform

Mar 25 2016 // Ageas UK has hired Cardinus Risk Management to provide both risk management survey software and on-site survey services to support commercial lines underwriting. Risk surveys, which are obtained by a visit to a...