Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Georgia Agent Surrenders License
Aug 8 2014 // A Gwinnett County insurance agent currently under investigation by the state insurance commissioner’s office has agreed to surrender his license to sell insurance in Georgia, according to officials. Insurance agent...
Integro’s Entertainment Practice Acquires London Based Stonehouse Conseillers
Aug 8 2014 // International insurance brokerage and risk management firm Integro has announced its acquisition of Stonehouse Conseillers Ltd., “a London based specialist insurance broker servicing the needs of commercial film...
Ex-Insurance Agent Strikes Plea Deal in Kansas Fraud Case
Aug 7 2014 // A former Wichita insurance agent accused of defrauding policyholders has struck a deal with prosecutors for a 42-month prison sentence. Jason Matthew Pennington pleaded guilty on Aug. 5 to two counts of wire fraud and one...
‘Robust’ Activity Ahead for Agency M&As, Says OPTIS
Aug 6 2014 // There were 165 announced merger and acquisition transactions of insurance agencies in the U.S. and Canada in the first six months of 2014, a jump of nearly 40 percent over the same period in 2013. Also, according to an...
Program Brokerage Corp. Announces 2 Appointments
Aug 6 2014 // Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), has hired Michael Kambos as first vice president of the Professional Liability division. Based out of the...
Confie Seguros Acquires Brokerages in New York, Texas, South Carolina
Aug 6 2014 // Confie Seguros, a Huntington Beach, California-based national provider of personal lines insurance, has acquired three insurance brokerages. Among these additions is Bower Insurance, an agency in Lockport, New York,...
Last Chance: Submit Your Sales, Marketing & Agency Management Ideas
Aug 5 2014 // Calling innovative insurance marketers! Share your sales, marketing and agency management ideas with the insurance community and they could be featured in Insurance Journal magazine’s Aug. 18 issue. To submit your...
Soft P/C Market Flattens Independent Agencies’ Organic Growth in Q2: Reagan Consulting
Aug 5 2014 // Independent insurance agents and brokers reported median organic growth of 5.8 percent for the second quarter of 2014, a weakening from 6.2 percent for the first quarter of 2014 and 6.9 percent for the second quarter of...
Wholesale Trading Co-Op Hires Casualty Broker in New York
Aug 4 2014 // Wholesale Trading Co-Op Insurance Services (WTCI) has hired Jennifer Terra as vice president/casualty broker. Terra joins WTCI from Partners Specialty Group, where she specialized in the analysis and placement of complex...
Why risk it?
Aug 4 2014 // Effective Non-Piracy Agreements Protect Your Business Owning an insurance agency does not equate to “owning” the customers it services. If the agents who have the relationships with those customers leave, the...
10 Things to Know About Auto
Aug 4 2014 // State Farm, the largest private auto insurer in the U.S., reported $33.6 billion in direct premiums written for private passenger auto in 2013, representing 18.5 percent of the market share. —The National Association of...
Small Commercial Lines: The Good, The Bad, The Ugly
Aug 4 2014 // Small commercial lines is suddenly the Cinderella of the insurance industry. The previously unwanted stepchild turned beauty queen is being courted, pursued, and being offered dowries for marriage. Dowries and marriage are...
Privately-Held Independent Property/Casualty Agencies
Aug 4 2014 // About This Report: Welcome to the 10th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2013 and comprises only those...
Top 100 and More
Aug 4 2014 // This year marks the 10th annual publication of Insurance Journal‘s Top 100 Independent P/C Agencies report. In our effort to identify the nation’s leading privately-held independent property/casualty insurance...
Opportunities Abound in High-Value Home, Condo Segment
Aug 4 2014 // The high-value homeowners and luxury condo markets have become competitive arenas to play in, with several new programs and companies in the past few years. But experts say agents and brokers shouldn’t be deterred by...
Rebates, Referrals and Rewards in Texas – What’s OK and What’s Not?
Aug 4 2014 // What are the rules governing insurance agents in Texas on rebates, referrals and rewards, and why do they matter? For starters, at a minimum, agents could lose their license for violating rules regarding such activities....
Allstate Seeks Agents in Washington, Oregon, Idaho, Alaska and Hawaii
Aug 4 2014 // Allstate Insurance Co. plans to add several local agency owners in Washington, Oregon, Idaho, Alaska and Hawaii in 2014. Allstate’s plan is to recruit 51 new exclusive agents, 13 financial specialists and the company...
Broker-Dealer Buys Alabama Wholesale Broker for $42M
Aug 1 2014 // Miami-based broker-dealer Ladenburg Thalmann Financial Services Inc. said it has acquired Highland Capital Brokerage Inc., an independent life, annuities and long term care insurance brokerage, for $42 million. Highland,...
Louisiana Agent Booked with 29 Counts of Insurance Fraud
Jul 31 2014 // Louisiana State Police have booked a 58-year-old West Monroe man with 29 counts of insurance fraud and one count of theft. Trooper Albert Paxton tells The News-Star that John Whittington, a licensed insurance agent,...
Arthur J. Gallagher Acquires Benefits Brokerage, Insurance Point
Jul 31 2014 // Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Insurance Point LLC in St. Charles, Ill. and Salt Lake City, Utah. Terms of the transaction were not disclosed. Insurance Point offers employee benefit...
