Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Whitfield’s United Insurance Agencies Join the Leavitt Group
Jul 18 2012 // Everett, Wash.-based Whitfield United Insurance Agencies Inc. has joined The Leavitt Group. The agency will now do business as Whitfield-Leavitt Insurance Agency. Local agency leaders Ted Schlatter, Randy McDonald, Don...
Former Louisiana Deputy Insurance Commissioner Convicted of Racketeering
Jul 17 2012 // United States Attorney Donald J. Cazayoux, Jr. announced that a former Louisiana deputy insurance commissioner has been convicted on racketeering charges. Richard L. Chambers, Sr., age 67, of LaPlace, La., pled guilty to...
Finaccord Survey Finds Growth in EU Commercial Non-life Brokerage Receipts
Jul 17 2012 // Newly released data from Finaccord, a London-based market research consultancy specializing in financial services, reveals that the market for commercial non-life insurance broking reached a value of €9.89 billion...
‘One Way or Another’ Agencies See Growth in Group Health
Jul 16 2012 // “One way or another.” Is that the best way to describe a sound investment strategy nowadays? Yes. If you’re talking about the growing number of agencies investing in group health benefits...
Why Workers’ Compensation Leads in E&O Claims
Jul 16 2012 // Every year, errors and omissions (E&O) claims arising out of the placement of workers’ compensation account for approximately 10 percent of all claims. Many of those workers’ comp claims are well in excess...
A Year Later: Growth and Outlook of LexisNexis Insurance Exchange
Jul 16 2012 // The LexisNexis Insurance Exchange — an online single-entry submission system that streamlines the flow of application data among agents, brokers and carriers — celebrated its first anniversary last month. The Exchange,...
Bondurant Rejoins Independent Insurance Agents of Texas
Jul 16 2012 // After a hiatus of nearly two years, Rick Bondurant has rejoined the Independent Insurance Agents of Texas (IIAT) staff as director of management resources. In this role, Bondurant is responsible for developing,...
7 New Agencies in Northeast Join Strategic Insurance Agency Alliance
Jul 13 2012 // The Strategic Insurance Agency Alliance (SIAA) — a national alliance of over 4,000 independent insurance agencies — said seven new agencies in the Northeast region joined the partnership in June. The new...
Arthur J. Gallagher Buys Employee Benefits Broker Triad USA in Penn.
Jul 13 2012 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. said it acquired Pittsburgh-based Triad USA Inc. Terms of the deal were not disclosed. Formed in 1998, Triad USA offers employee benefits...
Dulle to Succeed Ronk as Independent Insurance Agents of Indiana Executive VP
Jul 13 2012 // The Independent Insurance Agents of Indiana announced that Carol L. Dulle will become the group’s executive vice president upon the retirement of Roger Ronk on Feb. 1, 2013. Dulle, who has served as the vice...
RSA Is Latest Insurer to Join Managing General Agents’ Association
Jul 13 2012 // Global insurer RSA has become the latest member of the London-based Managing General Agents’ Association (MGAA), which now has 50 members with a combined underwriting capacity of £1.4 billion [$2.33 billion] in...
Towers Watson Appoints Howard Global Brokerage Leader; Eyre in New Post
Jul 13 2012 // Global professional services company Towers Watson has appointed Ross Howard as global leader for its insurance and reinsurance brokerage business, effective from October 1, 2012. He will succeed Bill Eyre who, after 14...
PFGBest Broker Scandal Leads to Calls for Insurance for Grain Trade
Jul 12 2012 // The largest U.S. grain trade group was stunned by the latest scandal to hit the futures industry when Iowa-based brokerage PFGBest collapsed after regulators accused the firm of misappropriating customer funds. “Even...
American Collectors Insurance Expands Collectibles Insurance Program
Jul 11 2012 // American Collectors Insurance, a provider of collector-vehicle and collectibles insurance, has updated its specialty coverage for valued collections with a more comprehensive, customizable coverage for a wide range of...
2 New Agencies Join N.J.’s Consolidated Insurance Agents
Jul 11 2012 // Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new agencies to its network last month. The Michaels Agency Inc. of Sewell, Gloucester...
Health, Benefits Market Offers Growth Opportunities for Midwest Agents
Jul 11 2012 // For many independent property/casualty agencies, one bright spot of opportunity in an era of otherwise lackluster growth has been the health and benefits market. Over the course of the past four or five years, savvy P/C...
Some South Central Agencies See Potential in Dynamic Health, Benefits Market
Jul 11 2012 // The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in the region,...
Nebraska Insurance Agent Facing Perjury Charge Running for Office
Jul 10 2012 // A Lincoln, Neb., insurance agent plans to continue running for re-election to a natural resources district board even though he is due to be sentenced for perjury next month. Larry Hall is also in the midst of bankruptcy,...
Tyner Receives Customer Service Award from Independent Insurance Agents of Texas
Jul 10 2012 // Independent Insurance Agents of Texas (IIAT) announced that Susan Tyner, commercial marketing account executive for Allred Thompson Mason Daugherty, a division of Higginbotham & Assocs. in Wichita Falls, was awarded...
President Obama Signs Flood Insurance Reform Bill
Jul 9 2012 // President Barack Obama has signed the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012” into law. The law extends the National Flood Insurance Program (NFIP) for five years and makes reforms...
