Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Secret Service Agent Says Many Cyber Breaches Go Unreported
Mar 7 2014 // Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field...
Vertafore Launches Updated Agency Cloud, Mobile Technology
Mar 7 2014 // Insurance software provider Vertafore unveiled its next step cloud and mobile innovations for its premier agency technologies – Vertafore Agency Platform, Sagitta Suite and Vertafore Producer Advantage. The products were...
Florida Lawmakers Turn Attention to Privatizing Commercial Business in Citizens
Mar 7 2014 // One year after enacting reforms designed to reduce the amount of homeowners business in the state’s insurer, state lawmakers are now looking to further shrink Citizens Property Insurance Corp. by targeting its...
AgentLink Acquires Indiana’s Consolidated Brokerage Services
Mar 6 2014 // Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind. Founded in August of 2005 and originally owned by John...
Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
Iowa Insurance Agent Pleads Guilty to Crafting Bogus Policies
Mar 5 2014 // An insurance agent in northeast Iowa accused of creating fake life insurance policies to make more money has pleaded guilty to mail fraud. U.S. Attorney Kevin W. Techau says in a press release that 46-year-old Melissa...
Arthur J. Gallagher Acquires Tudor Risk Services in Massachusetts
Mar 5 2014 // Arthur J. Gallagher & Co. announced the acquisition of Tudor Risk Services, LLC located in Woburn, Mass. Terms of the transaction were not disclosed. Founded in 2009, Tudor Risk Services is a retail insurance broker...
House Passes Flood Insurance Bill; Key Senators Sign On
Mar 4 2014 // The U.S. House of Representatives Tuesday evening passed legislation to curb some of the premium increases in the nation’s flood insurance program that have been causing “sticker shock” for property...
CGSC Restructures Asia Marine Team with New Hires, Latitude Brokers Launch
Mar 4 2014 // Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broker, announced a repositioning and rebranding of its marine insurance business in Asia. “Effective from 3rd March 2014, Latitude Brokers...
Iowa Insurance Agent Charged with Creating Bogus Policies
Feb 26 2014 // A 46-year-old insurance agent in northeast Iowa has been accused of creating fake life insurance policies so she could make more in commissions. The Waterloo-Cedar Falls Courier says Melissa Williams, of Dike, is charged...
Burns & Wilcox Brokerage Adds Taylor in North Dallas Office
Feb 24 2014 // Burns & Wilcox Brokerage hired Robert “Buddy” Taylor as casualty broker in the firm’s North Dallas office. Taylor, whose expertise has been in the trucking excess/umbrella arena, has more than 30...
Northeast PIA Survey Shows Prices Rising, But at Slower Pace
Feb 24 2014 // In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not be launching as...
Industry Update: Riding the Wave in the Marina Marketplace
Feb 24 2014 // As the $4.2 billion marina industry continues to expand, independent agents who seek to leverage their specialization and partner with experienced carriers have a significant opportunity to grow their businesses. With the...
How to Be a High Performing Agency
Feb 24 2014 // To be a high-performing firm, one needs to emulate what the best firms are doing and the traits that bring high-performance to fruition. This article focuses on the top five characteristics the best agencies have in...
Who’s Worth What in the Independent Agency System
Feb 24 2014 // Exclusive Survey Shows Compensation Up, Benefits Up With a Cost For the second year in a row, salaries and total compensation rose in independent insurance agencies across the nation. More agencies are offering health...
Pay and Performance
Feb 24 2014 // This issue of Insurance Journal brings you the 8th Annual Agency Salary Survey results. Nearly 2,000 agency owners, producers and agency staff responded to this year’s exclusive survey, all wanting to know...
Technology’s Opening a Whole New World of Agent E&O Exposures
Feb 24 2014 // Those in the insurance industry have another errors and omission (E&O) risk to consider these days, and they have technology to thank for it. Anyone in the insurance industry that possesses, stores, transmits or...
People
Feb 24 2014 // Laurie Infantino has been named education director of Insurance Journal‘s Academy of Insurance. The insurance education professional will focus on the quality of the instructors and the education content offered by...
Mayor of West, Texas, a Trusted Choice Hometown Hero
Feb 24 2014 // The Independent Insurance Agents of Texas (IIAT) named West Mayor Tommy Muska of Muska Insurance Services as its newest Trusted Choice Hometown Hero. Hometown Hero recognizes Trusted Choice insurance agents who go above...
Administrative Changes Proposed for Texas Workers’ Compensation System
Feb 24 2014 // Adoption of NCCI Manual Would Be Effective June 1 Texas Insurance Commissioner, Julia RathgeberTexas will be privatizing many functions in its workers’ compensation system if a proposal to adopt the National Council...
