Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Monte Carlo 2015: Reinsurers Reexamine How They Do Business
Sep 21 2015 // The annual Rendez-Vous de Septembre in Monte Carlo, Monaco traditionally focuses on one or two signatory concerns within the industry. This year, things were different. The 2,700 registered attendees were faced with...
Building Relationships vs. Pushing Transactions
Sep 21 2015 // Most agents work hard to maintain strong relationships with clients, however, all too often business gets in the way. Agents need to take steps, digitally speaking, to stay connected continually with the right messages...
Arthur J. Gallagher & Co. Acquires North Alabama Insurance
Sep 20 2015 // Arthur J. Gallagher & Co. has acquired North Alabama Insurance, Inc. in Florence, Ala. Terms of the transaction were not disclosed. Established in 1982, North Alabama Insurance, Inc. (NAI) is a managing general agent...
IA&B in Pennsylvania Announces Officers for 2015-16 Administrative Year
Sep 18 2015 // The fall marks a new administrative year for the Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations. The following directors have...
Former California Insurance Agent Who Scammed Church Members Sentenced
Sep 18 2015 // Constance Gail Fortune, 61, pleaded guilty this week to one felony count of grand theft by embezzlement and one felony count of theft from an elder or dependent adult in a case in which she was charged with scamming...
Former Insurance Agent Arrested in Alleged $21M Movie Investment Scheme
Sep 17 2015 // A former insurance agent one of two people who have been charged with operating a Ponzi scheme allegedly bilking investors from Los Angeles and Kern Counties out of $21 million dollars. Michelle Kenen Seward, 42, of...
North Carolina Insurance Agent Accused of Embezzlement
Sep 17 2015 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of David Mark Blanton, 50, Leland, N.C., who is charged with six counts of embezzlement by an insurance agent, two counts of forgery of an instrument...
Hanover Insurance CEO Eppinger to Exit
Sep 16 2015 // Frederick H. Eppinger is stepping down as president, chief executive officer and a director of the Worcester, Mass.-based The Hanover Insurance Group. The announcement said Eppinger, 56, is leaving to pursue other...
Marsh Makes Offer for Jelf Group, UK-Based Independent Broker
Sep 11 2015 // Marsh announced it has made an offer to acquire the entire ordinary share capital of Jelf Group plc, a UK-based independent insurance broker and financial services consultancy. The transaction, which is subject to...
How Independent Agents Can Give Customers What They Expect
Sep 11 2015 // Whether you are the owner of a local agency or the CEO of a large public broker – it feels like there is less and less oxygen in the room. Organic sales growth is tough; merger & acquisition activity in 2014 was near...
AssuredPartners Acquires Nashville Broker Bandy Van Cleave & Williamson
Sep 10 2015 // AssuredPartners Inc. has acquired Bandy Van Cleave & Williamson of Nashville, Tenn. The agency’s staff will continue to operate from their Nashville location under the local leadership of Bob Van Cleave and Chuck...
Allied Insurance Brokers, ProSight Launch Program for Crane Industry
Sep 10 2015 // Allied Insurance Brokers has partnered with ProSight Specialty Insurance to offer an all-lines insurance program specifically tailored for the crane industry. The program includes risk management tools, loss control...
EPIC Adds Connelly in Greyling Insurance Brokers Division
Sep 9 2015 // EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage and employee benefits consultant, hired Jeff Connelly as senior vice president/client executive in EPIC’s Greyling Insurance...
ACE Names Leaders for New Chubb Business Units, Major Product Lines
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
Castel Underwriting Agencies Appoints Powell as 1st Claims Manager
Sep 8 2015 // Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager....
Palmer & Cay of Texas: Focused on Specialization
Sep 8 2015 // Georgia-based Palmer & Cay may have a lot of history behind it but what’s driving the expansion of the independent insurance brokerage into Texas is a very modern sense of what it takes to succeed in the...
2 Miami Residents Accused of Conducting $200K in Illegal Insurance Transactions
Sep 8 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) announced the arrests of Miami residents Alina Del Prado, 60, and Karla Patricia Figueroa, 40, who are accused of deceptively using...
What to Know About Insurance Company Financial Status
Sep 7 2015 // I recently listened to an insurance company executive give a discombobulated, “woe is me” speech to a room of agents who were largely ignorant of carriers’ financial success. To summarize his...
Dressing Up for the Wedding: Book of Business, Part 2
Sep 7 2015 // You can’t take it with you. Every business owner will eventually “sell” his or her business. It can either be on terms the owner defines, or it can be based on whatever happens at the end. So, if an owner...
Survey Examines Agents’ Views of Agency Aggregators
Sep 7 2015 // About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact...
