Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Fairfax Offers to Buy 26% of Indian Brokerage IIFL for $255 Million
Jul 14 2015 // Fairfax India Holdings Corp., the $1 billion fund created by Toronto-based investor Prem Watsa, offered to buy 26 percent more in Indian brokerage IIFL Holdings Ltd.* for $255 million. Fairfax India announced an offer to...
Nevada School District to Settle Insurance Broker Suit for $1.65M
Jul 13 2015 // The Clark County School District in Nevada says it will pay a former insurance broker $1.65 million to settle a lawsuit that claimed the public agency ended the broker’s contract prematurely. The Las Vegas Sun...
Willis Appoints Aubert to Executive Committee of London & Int’l Brokers’ Assn.
Jul 13 2015 // Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named...
California Agents Get Creative to Sell Rideshare Endorsement
Jul 9 2015 // Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word...
Keystone Adds 3 Missouri Agencies to Network
Jul 9 2015 // Keystone Insurers Group added three new partners in Missouri. The partners are: Jerome L. Howe Inc. of St. Louis; Schroepfer Bauer Insurance Agency of Union; and Custom Insurance Services Inc. of Crystal City. Jerome L....
Agents in Indiana Say Insurance Increased Prior to Home Explosion
Jul 9 2015 // The girlfriend of a man accused of blowing up an Indianapolis, Ind. house, devastating a subdivision and killing two neighbors, nearly doubled the insurance coverage for the contents of her home 11 months before the...
Cooper Gay Swett & Crawford Appoints Padilla Gen’l Manager-Parts of Lat. Am.
Jul 9 2015 // Independent wholesale broker Cooper Gay Swett & Crawford (CGSC) has appointed Alejandro Padilla as General Manager and Head of Broking for Mexico, Central America, Puerto Rico and the Dominican Republic, effective...
Utah Agent Sentenced to Prison and $1.3M in Restitution
Jul 8 2015 // Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton pled guilty to one count of pattern of unlawful...
AmWINS Launches New Cyber Liability Product
Jul 7 2015 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, announced today the launch of a new dedicated excess facility designed to meet the rapidly growing demand for cyber liability...
Agents Need to Know About Texas Workers’ Comp E-Mod Changes
Jul 6 2015 // The number 1.00 means different things to different people. In baseball, 1.00 represents a perfect batting average. But in college, a 1.00 grade point average is about as bad as it gets. In workers’ compensation, a...
How to Prioritize ‘Going Digital’ in a Digital Age
Jul 6 2015 // Going digital for any agency may seem overwhelming, however experts point to strategies that help set priorities, ease the transition and simplify the process. “One of the biggest hurdles for agents is simply knowing...
The Age of Big Data and Agencies – Not
Jul 6 2015 // This is the age of big data. The concept is to collect all kinds of data and then use various statistical techniques, usually some sophisticated form of regression analysis, to identify correlations between the data,...
Alliant Insurance Services Acquires Preferred Concepts in New York
Jul 2 2015 // Specialty insurance brokerage Alliant Insurance Services announced today it has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and...
Young Named Associate of the Year by Texas Agent Association
Jul 2 2015 // The Independent Insurance Agents of Texas (IIAT) named Wes Becknell, business development officer at AFCO in La Vernia, as its Young Associate of the Year. The award recognizes a young associate member of IIAT who...
Siegel Elected as President of the Independent Insurance Agents of Georgia
Jul 2 2015 // Andy N. Siegel, president of Siegel Insurance, Inc., a Trusted Choice insurance agency in Atlanta, was installed as president of the Independent Insurance Agents of Georgia, Inc. (IIAG) on June 13, during the...
Bill Allowing Uber to Stay in South Carolina is Officially Law
Jul 2 2015 // Uber is staying in South Carolina. After the transportation network company (TNC) was halted by the state’s Public Service Commission in January and then granted a temporary license through June 30, South Carolina...
Independent Insurance Agents of Virginia Elects Officers for 2015/2016
Jun 30 2015 // Independent Insurance Agents of Virginia (IIAV) inducted its 2015/2016 Board of Directors during the IIAV annual convention held June 21-23, 2015 at the Hilton Virginia Beach Oceanfront in Virginia Beach,...
Court Upholds California Broker’s License Revocation for Sexual Misconduct
Jun 30 2015 // The Court of Appeal upheld a decision by California Insurance Commissioner Dave Jones to revoke the broker-agent license of Wellman Dale Shew, 55, of Fresno. When the California Department of Insurance learned that Shew...
Sammons Named Texas Group’s Young Agent of the Year
Jun 30 2015 // The Independent Insurance Agents of Texas (IIAT) named Adam Sammons of MHBT in Dallas the André P. Juneau Young Agent of the Year at its annual conference and trade show in San Antonio. Adam Sammons This award is given...
Swett & Crawford Brasil Expands with Purchase of Shares in Local Broker
Jun 30 2015 // Wholesale insurance broker Swett & Crawford Brasil, part of Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has purchased 51...
