Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
California’s Armitage Given Big “I” Highest Honor
Apr 24 2015 // The Independent Insurance Agents & Brokers has given Jim Armitage the Woodworth Memorial Award, the highest honor IIABA bestows on one of its members, during the annual Big “I” legislative...
Big ‘I’ Recognizes Top Young Agent, States in Political Fundraising
Apr 23 2015 // The Independent Insurance Agents & Brokers of America (the Big “I”) this week presented awards to state affiliates and agents that have been the most effective raising money for the agents’ political...
‘Hungry’ Insurers Continued to Cut Commercial Prices in Q1: CIAB
Apr 23 2015 // Insurance brokers report that the commercial property/casualty market continued to soften in the first quarter of 2015, with large accounts seeing the biggest price declines. On average, small, medium and large accounts...
Willis Makes Firm Offer for Remaining Shares of French Broker Gras Savoye
Apr 23 2015 // Willis Group Holdings plc announced that it has made a firm offer to acquire the remaining 70 per cent that it does not currently own of French insurance broker Gras Savoye, and to accelerate closing the transaction....
Compare.com CEO’s Vision for the Future – Right or Wrong
Apr 21 2015 // As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in...
Burns & Wilcox Brokerage Opens Office in Arizona
Apr 21 2015 // Burns & Wilcox Brokerage has opened a Scottsdale, Ariz. office. Managing Director Marc Adler will oversee operations, as well as providing expert brokerage services. Adler has more than 25 years of experience, most...
TWIA to Begin Agency Documentation Verification Survey on May 1
Apr 20 2015 // The Texas Windstorm Insurance Association alerted agents that as of May 1, 2015, TWIA would begin implementing an agency compliance program in order to verify agent documentation of private insurer coverage declinations...
CGSC in Partnership with GC do Brasil for Wholesale and New Products
Apr 20 2015 // Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has concluded a partnership deal with Brazilian broker network GC do Brasil...
Skaletsky Joins All Risks in Florida as Casualty Broker
Apr 20 2015 // Nationwide independent wholesaler All Risks has added Steve Skaletsky to its Jupiter, Fla., office as a casualty broker. Skaletsky will target commercial risks in Florida and throughout the Gulf Coast, providing general...
Chicago Agent Glad She Made the Captive-to-Independent Leap
Apr 20 2015 // Making the jump from a being a captive agent to an independent one is not for the faint of heart, says one veteran Chicago-based agent. But Sharon Robles has no regrets, none at all. Robles was a successful captive agent...
Future Competition
Apr 20 2015 // Young agents, while generally happy with their career choice, temper their optimism with doses of reality about what lies ahead in terms of competition. Who can blame them? This issue of Insurance Journal features...
What Agencies Need to Know About Recruiting the Next Generation
Apr 20 2015 // Recruiting the next generation of talent is not a new challenge but a difficult one. At the recent NetVu15 conference in Indianapolis, a workshop titled “Generation XYZ in the Workplace” drew a large crowd,...
Young Agents Survey: The Next Generation Steps Up
Apr 20 2015 // You can download the PDF of the Young Agents Survey Results for free, compliments of Foremost Insurance Group. The independent insurance agency system is getting older. So much so that the average age of a U.S. insurance...
Merger and Acquisition Activity
Apr 20 2015 // January to March 2015 Announced Date Buyer Seller 01/01/15 AAA Allied Group Inc. Gateway Potter Insurance 01/01/15 Acrisure LLC Arthur Chernick Co. Inc. 01/15/15 Acrisure LLC Sinatro Agency One LLC 02/28/15 Acrisure...
Merger & Acquisition Activity Continues to Climb
Apr 20 2015 // Acquisition activity for the first quarter of 2015 reached 90 deals, a record for the first three months of the year. We saw the same number of transactions announced during the fourth quarter of 2014, typically the most...
Former California Agent Charged with Scamming Elderly Church Members
Apr 20 2015 // Constance Gail Fortune, 61, was arraigned in Los Angeles Superior Court in California in April and charged with three felony counts of grand theft and one felony count of financial elder abuse for allegedly scamming...
California Agent Nabbed on Bogus Bond, $100K Premium Theft Charges
Apr 20 2015 // Licensed insurance agent Lars Hedegaard, 63, of Danville, Calif. was arrested on two felony counts of grand theft in April. Hedegaard was doing business as Westport & Associates Insurance Services Inc. when he...
Bill Giving California Agents Access to Vehicle Records Passes Committee
Apr 17 2015 // A bill that would direct the California Department of Motor Vehicles to give insurance agents and brokers better access to motor vehicle records was unanimously approved by the Assembly Transportation Committee. Assembly...
Independent Agents Identify Business Opportunities for Carriers: Survey
Apr 17 2015 // Most independent insurance agents are impressed by the carriers they place business with – but most also are interested in adding new company partners. This is one of the preliminary findings of a recent national survey...
All Risks South Central Adds Producers in Dallas, Houston, New Orleans
Apr 16 2015 // Insurance wholesaler All Risks Ltd. has added three new producers in the South Central region: Zach Burdine in Dallas; Alan Doyle in Houston; and Aaron Ross in New Orleans. Burdine joins the Dallas office as a broker and...
