Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
PIA of Florida, National Insurance Underwriters Launch E&O Partnership
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
CGSC to Rebrand London Insurance Brokerage Operations for 50th Year
Nov 18 2014 // Cooper Gay Swett & Crawford (CGSC) has announced the renaming of its London market brokerage businesses in advance of its 50th year of trading. From January 1st, 2015, CGNMB LLP will become the single united brand,...
Kansas Agents See Increased Demand for Earthquake Insurance
Nov 17 2014 // Kansas insurance agencies say they’ve been flooded with queries about earthquake coverage after the 4.8 magnitude temblor on Nov. 12. “We have been getting calls all day,” Matt Woodall, who works at a...
Large Agencies More Optimistic About Future Growth: Study
Nov 17 2014 // Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts,...
Lack of Education
Nov 17 2014 // The biggest challenge in selling cyber insurance is educating businesses about the need for coverage but agents and insurers may be falling short in their role to deliver education when it comes to cyber coverages. A new...
Top 50 Personal Lines Leaders
Nov 17 2014 // About the Personal Lines Leaders: The 2014 Personal Lines Leaders in this special feature are taken from Insurance Journal‘s Top 100 Property/Casualty Independent Agencies as reported in August. This list utilizes...
Young Agents and the Senior Market
Nov 17 2014 // Long-Term Care Represents Opportunity for New Specialists The graying of America could be a great opportunity for young entrepreneurs, including young insurance producers. As the nation’s population continues to...
Michigan Appeals Court: Insurance Agents May Not Be ‘Professionals’ Under Malpractice Definition
Nov 17 2014 // Is an insurance agent a “professional” when it comes to whether or not he or she may be charged with malpractice? Not necessarily, a Michigan state appeals court has said. The Michigan Court of Appeals made...
Former Ohio Insurance Agent Sentenced for Stealing Client Premiums
Nov 13 2014 // The Ohio Department of Insurance announced that former Warren insurance agent Timothy J. Mulvey has been sentenced on charges of stealing clients’ premium payments. The Trumbull County Court of Common Pleas sentenced...
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA
Nov 13 2014 // The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency...
Knight Takes Helm at North Carolina Big ‘I’ Association
Nov 13 2014 // Aubie W. Knight has officially assumed the position of chief executive officer of the Independent Insurance Agents of North Carolina (IIANC), the group announced. Knight comes to IIANC with 21 years experience in the...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Nov 12 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
3 Birmingham Brokers Join EPIC in Alabama As Agency Principals
Nov 11 2014 // EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage and employee benefits consultant, announced that Crawford McInnis, Brian Tanner and Wilson Long have joined the firm as principals in...
Arthur J. Gallagher Acquires SGB-NIA Insurance Brokers in California
Nov 10 2014 // Arthur J. Gallagher & Co. has acquired SGB-NIA Insurance Brokers headquartered in Woodland Hills, Calif. Terms of the deal were not disclosed. SGB-NIA provides retail property/casualty, risk management and employee...
FBI Reports Decreases in Violent, Property Crimes
Nov 10 2014 // The estimated number of violent crimes in the nation decreased 4.4 percent in 2013 when compared with 2012 data, according to the latest FBI figures. Property crimes decreased 4.1 percent, marking the eleventh straight...
Professor, Former Agent, Adjuster to Head New Alabama Insurance Center
Nov 9 2014 // Dr. Lars Powell has been named the inaugural director of the newly-created Alabama Center for Insurance Information and Research at The University of Alabama. Powell is a professor of finance and holds the Whitbeck-Beyer...
Litmus Analysis on S&P’s Decision to Withdraw ‘Public Information’ Ratings
Nov 6 2014 // A report from London-based Litmus Analysis examines the decision by Standard & Poor’s to withdraw “its entire North American and EMEA ‘pi’ (public information based) insurance ratings. This...
Big Data: It Isn’t Just for Carriers
Nov 5 2014 // This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry has...
North Carolina Agent Charged for Allegedly Embezzling Client’s Funds
Nov 5 2014 // A North Carolina insurance agent has been charged with embezzlement and obtaining property by false pretense, the state’s Department of Insurance announced. According to the department’s announcement on Oct....
Boston Insurance Brokerage Hires Bordonaro as Broker’s Assistant
Nov 4 2014 // Boston Insurance Brokerage Inc., a national wholesale broker based in Boston, hired Joanne Bordonaro as broker’s assistant in the Property & Casualty Division. Bordonaro spent the last 10 years at Liberty...
