Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Various Factors Contributing to Stability in Property/Casualty Insurance Market
May 29 2014 // The federal terrorism risk insurance backstop, in place in one form or another since 2002, will likely be reauthorized by Congress, and in the absence of a major catastrophe — man-made or otherwise — the current...
TurboRater Feature Lets Agents Control Carrier Ranking in Comparative Rating
May 29 2014 // The newest agency software feature for the personal lines comparative rating system TurboRater allows agency managers to control the ranking order of the carriers their producers see on the quote comparison list,...
Willis Completes Acquisition of Specialist Broker Charles Monat
May 29 2014 // Willis Group Holdings plc announced that it has received the relevant regulatory approvals from the Monetary Authority of Singapore and has completed its acquisition of specialist broker Charles Monat Limited, a life...
Vertafore Unveils New Cloud-Based Technology for Insurance Agencies
May 28 2014 // Vertafore, an insurance software provider, has upgraded its entire portfolio of agency systems for small, mid-size and enterprise insurance agencies. The Sagitta 2014, Vertafore Agency Platform 2014 and AMS360 2014 systems...
FTC Calls for Consumer Disclosure by Data Brokers
May 28 2014 // Companies known as data brokers collect and sell information about “nearly all” U.S. consumers, drawing potentially harmful conclusions about them largely without their knowledge, U.S. regulators said on...
Ascoma International Group Joins Worldwide Broker Network
May 28 2014 // Worldwide Broker Network has announced that Ascoma Group has joined the fully integrated WBN network of independent insurance brokers and employee benefits consultants, “which now counts 96 member firms in 101...
West Virginia Insurance Agent, Building Owner Sentenced for Arson Scheme
May 27 2014 // A West Virginia insurance agent and a building owner were sentenced in federal court last week in connection with a Logan arson scheme. U.S. Attorney Booth Goodwin said that James Gregory Glick, 44, of Logan, was sentenced...
ACE Expands Travel Coverage for Religious, Educational Institutions
May 23 2014 // ACE Group has expanded its web-based portal to provide coverage for U.S.-based religious organizations and educational institutions, whose employees, students and volunteers travel internationally. The portal,...
XS Brokers Appoints Chief Sales Officer in Massachusetts
May 22 2014 // Mike McKinleyXS Brokers Insurance Agency Inc., an insurance wholesaler based in Quincy, Mass., has named Mike McKinley as chief sales officer. In this newly created position, McKinley will oversee all sales and production...
Brokerslink Splits EMEA Region to Boost African, Middle East Expansion
May 22 2014 // Independent insurance network Brokerslink announced that it has reorganized its previous Europe, Middle East and Africa (EMEA) trading area by splitting it into two separate regions: Europe and Middle East & Africa...
Higginbotham/Swantner & Gordon Adds Two Brokers in Corpus Christi
May 22 2014 // Commercial property/casualty insurance brokers Arthur Haas and Jeffrey King joined the Swantner & Gordon branch office of Higginbotham in Corpus Christi, Texas. Haas will serve the general business sector while King...
Former Insurance Agents Johnson, Kingston Fare Well in Georgia Primary
May 21 2014 // A former insurance agent who has been active in Democratic Party politics has won her party’s primary for the Georgia insurance commissioner post and will face off against the incumbent Republican in the November...
RSA to Sell Canada Broker Unit Noraxis to A.J. Gallagher for $460 Million
May 20 2014 // The UK’s RSA Insurance Group Plc said on Monday it had reached agreement to sell its majority-owned Canadian brokerage business – Noraxis Capital Corp. – to U.S. insurance broker Arthur J. Gallagher &...
Saints-Backed Bill Draws Warning Flag From Players Association
May 19 2014 // The NFL Players Association is asking player agents to warn clients that signing with the New Orleans Saints could subject them to unfavorable workers’ compensation benefits. In an email Friday, NFLPA chief DeMaurice...
People
May 19 2014 // Chester A. McPherson, who has been serving as interim commissioner for the Washington, D.C., Department of Insurance, Securities and Banking (DISB), has been appointed as acting commissioner, D.C. Mayor Vincent C....
WIAA Objects to In-House Producer Disciplinary Hearings in California
May 19 2014 // The Western Insurance Agents Association is throwing up some objections to a California Department of Insurance proposal that would enable the department’s hearing bureau to adjudicate agent/broker and carrier...
High Net Worth Carrier PURE Enters California
May 19 2014 // Call it a little luck or a good timing – maybe a bit of both – but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a time when the number of...
Agent Permanently Barred from Selling Insurance in North Dakota
May 19 2014 // A North Dakota administrative law judge on April 28 upheld a cease and desist order issued by Insurance Commissioner Adam Hamm against insurance producer Frederick Paul Skoda, formerly of Fargo, N.D., now of Detroit Lakes,...
Health Insurance Broker in N.J. Admits Pocketing Nearly $1M
May 16 2014 // Federal prosecutors say an insurance broker has admitted stealing nearly $1 million while selling health care coverage he knew was fake. Seventy-year-old David Clark of Morristown, N.J., pleaded guilty Wednesday to...
Brown & Brown Buys 2 Florida Agencies Targeting RV Market
May 13 2014 // Insurance agency Brown & Brown has acquired the assets of two agencies specializing in the recreational vehicle market. The businesses acquired are Agency Management Corp. (AMC) and its affiliate, Recreational...
