Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
High on Marijuana Insurance
Sep 8 2014 // Specialty brokers looking to get insurers hooked on emerging industry The legal marijuana industry in the United States is experiencing tremendous growth. Legal cannabis markets in the United States are expected to grow...
Why Independent Agents Should Take Advantage of a Higher Standard of Care
Sep 8 2014 // I’ve had many independent agents (IAs) vent, fume, exclaim, yell, scream, curse and express total exasperation at losing an account because a captive or direct writer undercut the price while promising speculative...
Insurance Experts: Does It Really Take One to Know One?
Sep 8 2014 // When an insurance agent is sued for professional negligence, a question arises as to whether the breach of the agent’s duty of care requires the testimony of another insurance agent or broker who testifies that the...
Coverholders Playing Greater Role in Lloyd’s Global Expansion
Sep 8 2014 // Lloyd’s of London began and remains a specialized market (not an insurance company). It accepts risks that are too large, or too complex, or both, that do not lend themselves to coverage through more “normal...
MAPFRE Enters Mass. Life Insurance Market
Sep 8 2014 // MAPFRE U.S.A. has begun selling a term life insurance product in Massachusetts, where MAPFRE’s subsidiary, Commerce Insurance, is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its...
Best Agencies to Work For: Submit Now
Sep 5 2014 // Do you love your agency? Is it a Best Place to Work? If so, don’t miss this opportunity to nominate your agency to be named as one of Insurance Journal’s Best Agencies to Work in 2014. You must be a current...
Marsh Canada Acquires Montreal-based Kocisko Insurance Brokers
Sep 4 2014 // Marsh Canada announced the acquisition of Kocisko Insurance Brokers Inc., a full-service commercial insurance brokerage based in Montreal, Quebec. Terms of the transaction were not disclosed. “Kocisko focuses on...
Insurance Noodle Launches Integrated Facility for Allied Health Services
Sep 3 2014 // Insurance Noodle has launched an integrated facility for allied health services across the United States, bringing together several leading markets via a single online access point. By accessing Insurance Noodle’s...
Kaufman Financial Group Acquires Marine & Energy Broker Oval International
Sep 3 2014 // The H.W. Kaufman Financial Group has announced the “purchase of London-based Oval International, a Lloyd’s broker that is globally recognized for placing complex marine and energy risks.” Kaufman...
Brokerslink Expands in Africa with New Operation in Ivory Coast
Sep 3 2014 // Independent insurance broker network Brokerslink announced that it has “continued its African regional expansion with the opening of a new operation in Abidjan, the primary economic center of Ivory Coast, by member...
IA&B Announces Officers for New Administrative Year
Sep 2 2014 // Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Penn., and its partnership of agents’ associations in Delaware, Maryland and Pennsylvania announced officers for the new administrative year...
Friedlander Elected President of IMCA
Sep 2 2014 // Mark Friedlander of The Main Street America Group has been elected president of the Insurance Marketing & Communications Association (IMCA). The association also announced its 2014-2015 officers and other board...
State Farm Enhances Claims Reporting App with Object Recognition Technology
Aug 28 2014 // State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by...
Munich Re Joins Broker Steadfast to Acquire Australia’s Calliden Insurance Operations
Aug 28 2014 // Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group in their proposed acquisition of Calliden Group...
EFG Companies Launch Extended Vehicle Warranty Product
Aug 27 2014 // EFG Companies has launched a vehicle service contract (VSC) called Simplicity Vehicle Protection that gives agents and brokers the ability to sell an extended warranty to clients after the purchase of the vehicle. With...
MAPFRE Enters Life Insurance Market in Massachusetts
Aug 27 2014 // MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to...
Small Commercial Lines: The Good, The Bad, The Ugly
Aug 27 2014 // Small commercial lines is suddenly the Cinderella of the insurance industry. Previously the unwanted step child turned beauty queen being courted, pursued, and being offered dowries for marriage. Dowries and marriage are...
Indiana Supreme Court Affirms Importance of Reading Policy
Aug 26 2014 // Failure to procure insurance claims of agent malpractice typically involve agent conduct where the agent makes a promise of future activity and not representations about existing provisions related to actual coverages or...
Tenn. State Senator, Insurance Agent Tracy Concedes in Congressional Primary
Aug 26 2014 // Tennessee’s Republican state senator who challenged scandal-plagued U.S. Rep. Scott DesJarlais conceded his 38-vote primary loss to the incumbent on Monday, saying he decided not to challenge the results. Jim Tracy...
VanDelinder Retiring from Texas Independent Agent Association
Aug 25 2014 // The board of the Independent Insurance Agents of Texas announced that IIAT Executive Director/President David VanDelinder is retiring from the association effective Dec. 31, 2014. Regarding VanDelinder’s retirement,...
