Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Burns & Wilcox Brokerage Opens Atlanta Office, Hires 3 Brokers

Sep 10 2014 // Burns & Wilcox Brokerage has opened an office in Atlanta and hired three specialty property brokers for the new location. The new hires are Barry Whitton, managing director; Brent Lazenby, broker; and Thad Crane,...

Rhode Island’s Starkweather & Shepley Announces Promotions

Sep 10 2014 // Starkweather & Shepley Insurance Brokerage Inc. in East Providence, Rhode Island, recently announced the following promotions. David B. Soforenko has been promoted to sales manager of Starkweather & Shepley...

Former Oklahoma Insurance Agent Sentenced for Selling Sans License

Sep 9 2014 // A former Oklahoma insurance agent has received a five-year suspended sentence and a $2,500 fine for selling insurance without a license. Preston Chadwick Henson, 44, was convicted of the felony after entering a no contest...

Agent Steals More Than $100K From California Businesses

Sep 8 2014 // Isidro Santillan, 53, of Pacoima, Calif., has been arrested and charged with 13 counts of grand theft and three counts of commercial burglary. Santillan allegedly stole more than $100,000 by selling insurance policies and...

Report from California Agency Looks at Millennials, Baby Boomers

Sep 8 2014 // Millennials are driving a greater need for a more flexible auto insurance market, while Baby Boomers are proving new opportunities for independent agents, according to a study from a general agency headquartered in San...

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...