Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
New Survey Reveals How Independent Agents Are Adapting to the Hard Market
Mar 4 2024 // The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale. Trusted Choice, the national consumer brand representing the members of...
Marsh McLennan Agency Acquires Pair of Louisiana Agencies
Mar 4 2024 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it has completed its previously announced acquisitions of two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana...
Tomorrow’s Insurance Agent: Leveraging New Skill Sets Next Gens Bring to the Table
Mar 4 2024 // For the last decade and a half, business leaders have struggled to comprehend, motivate and manage the millennial generation. Recently, I read an online article where business owners discussed the “new”...
People Moves: Alliant Hires Ross to Bay Area Brokerage Team
Mar 1 2024 // Alliant Insurance Services hired Frank Ross as vice president within its Alliant Americas division. Ross joins Alliant with a property/casualty insurance background encompassing risk management, cyber liability, and...
Florida Bills Moving, But Agents Disagree on One That Bars Cancellations After Storms
Feb 29 2024 // Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to...
Join the Future: 6 Reasons to Explore Automated Compliance and Producer Management with AgentSync
Feb 28 2024 // This post is part of a series sponsored by AgentSync. The insurance industry has been slow to adopt digital-first frameworks for doing business, and the part of the business that deals with compliance and regulation change...
Illinois Insurance Agent Sentenced to 7 Years in Prison for Swindling Premiums
Feb 27 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...
Signers National Acquires Texas’ Affiliated Insurance Agents
Feb 26 2024 // Signers National a group of insurance companies dedicated to servicing key client segments across the United States, announced the acquisition of Affiliated Insurance Agents. Affiliated Insurance Agents is an independent...
Agents, Brokers Achieve Record Annual Growth in 2023
Feb 26 2024 // The independent insurance agent and broker channel posted an organic growth rate of 10.3% in 2023 — the highest annual level achieved since Reagan Consulting launched its quarterly growth and profitability study in...
NC Insurance Agent with Multiple Businesses Pleads Guilty to Tax Evasion
Feb 22 2024 // A North Carolina insurance agent has pleaded guilty to tax evasion and could face up to five years in prison and a $250,000 fine, a federal prosecutor said Wednesday. Arturo Barcenas Gonzalez, is owner of Barcenas...
Marsh McLennan Acquires 2 Louisiana Agencies
Feb 20 2024 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana Companies, doubling the...
‘New Normal’ in Agency M&A Landscape Experts Share 2024 Outlook for Independent Agencies
Feb 19 2024 // The number of announced insurance distribution mergers and acquisitions boomed in 2021 and 2022. Last year, the count plummeted to levels seen at the beginning of the decade. Insurance Journal recently interviewed four...
Ares Leads $3.3 Billion Private Loan for UK Insurance Broker Ardonagh at Low Rate
Feb 16 2024 // Ares Management Corp. is leading a $3.3 billion private credit loan for UK insurance broker Ardonagh Group Ltd., with the debt’s pricing among the lowest seen in direct lending, people with knowledge of the matter...
New Online Series Helps Agents and Brokers Master Coverage Knowledge
Feb 14 2024 // San Diego, CA, February 14, 2024 — Academy of Insurance, an educational platform for insurance professionals, announced a new series of coverage-based, live and interactive learning events called ‘How to...
Another Banner Year Seen by 5 Publicly Traded Insurance Brokers in 2023
Feb 9 2024 // Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown & Brown – reported generally strong revenues in 2023, with annual increases ranging...
Inszone Acquires J.B. Martin Insurance Agencies in New Mexico
Feb 9 2024 // Inszone Insurance Services acquired J.B. Martin Insurance Agencies in Albuquerque, New Mexico. This acquisition bolsters Inszone’s presence in the Southwest. Since its establishment in 1981, John Bradley Martin and...
Assurance IQ Chooses AgentSync to Provide Excellent Agent Experience
Feb 8 2024 // Frictionless Agent Management Poised to Streamline Assurance IQ’s Agent Onboarding DENVER, Feb. 8, 2024 –– Assurance IQ and AgentSync have announced they will collaborate to transform the onboarding and...
Founder of AgencyPoint in California Says Many Agencies Put Accounting on Backburner
Feb 8 2024 // Many small- to mid-sized agencies aren’t putting much thought into accounting, relegating the important function to the backburner by opting to use local accountants, agency management systems that may not be...
Former Agent Sentenced to 15 Years in ‘FastLife’ Scheme. Spent Funds on Insurance
Feb 5 2024 // A former Sarasota insurance agent and financial advisor has been sentenced to 15 years in prison for what prosecutors said was a scheme to defraud elderly residents out of $6 million. Phillip Roy Wasserman, 67, was...
Survey: Carrier Connectivity Top of Mind for Agents
Feb 5 2024 // Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a newly released survey by...
