Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Next Insurance Offering Allows Agents to Customize Small Business Quotes
Sep 22 2023 // Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. Next’s Coverage Builder...
US Federal Agencies Aim to Streamline ‘Hodgepodge’ of Cyber Reporting Rules
Sep 20 2023 // The Department of Homeland Security wants Congress and other federal agencies to help it streamline 52 different cyber reporting requirements to protect critical infrastructure and ease regulatory burdens on hacking...
5 Top Mistakes Every Independent Agent Should Avoid
Sep 18 2023 // One of my favorite sayings is “failure is tuition for something else.” I adopted this phrase during a conversation with another senior leader one day on the consequences of some mistakes we’d made...
Montana Brokerage Owner Admits to Defrauding Customers
Sep 18 2023 // Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft. Hagadone faces a maximum of 20 years in prison, $250,000 fine and three years of supervised...
Agents, Regulators Remind Insurers to Take Care of Insureds as Idalia Claims Start Coming in
Sep 18 2023 // The property insurance industry breathed a sigh of relief after Hurricane Idalia landed in a less-populated part of the coast, triggering just a few billion dollars in losses. But regulators have urged insurers to make...
People Moves: Former CSAA CEO Troy Joins USAA; Big ‘I’ Installs McBride as New Chairman; Dagostino AXA XL’s Global Cyber CUO, Commercial
Sep 14 2023 // Former CSAA CEO Troy Joins USAA USAA has selected former CSAA president and chief executive Tom Troy as its chief transformation officer. He will start Sept. 25 and report to CEO Wayne Peacock. This newly created position...
Lockton Signs Strategic Partnership With Spanish Re/insurance Broker Jhasa
Sep 13 2023 // Lockton, the world’s largest independent insurance broker, announced it has signed a long-term strategic agreement with Jhasa, a Spanish independent insurance and reinsurance broker that specializes in the...
Smart Choice Signs a Record Number of Independent Insurance Agencies
Sep 13 2023 // In 1H23, 760 agencies partnered with the fastest growing insurance network. GREENSBORO, NC., September 13, 2023— Smart Choice® has signed a record number of independent insurance agencies in the first half of 2023 with...
Louisiana Commissioner Directs Agents to Notify Citizens Policyholders of Less Expensive Policy Offers
Sep 12 2023 // A recent directive issued by Louisiana Insurance Commissioner Jim Donelon orders agents to notify their Louisiana Citizen policyholders when they receive an offer to be placed with a significantly less expensive insurer in...
Carolina Insurance Agent Charged with ID Theft, Taking out Secret Life Policy
Sep 11 2023 // North Carolina authorities have charged a Charlotte-area insurance agent with identity theft after he reportedly took out a life insurance policy without the man’s knowledge. Derek Urban Ezzell, 56, a multi-lines...
Allstate Wins Trade Secret Tiff With Former Agents
Sep 8 2023 // Allstate Insurance has emerged victorious in litigation against two of its former exclusive agents who retained and used Allstate spreadsheets with policyholder information after the insurer terminated their agency...
NC Appeals Court: Trial Needed After Agent Failed to Disclose Pond on Property
Sep 6 2023 // A North Carolina insurance agent will have to return to court to determine if he or the client acted negligently by failing to disclose details about an insured’s property, the state’s Court of Appeals decided...
How Life Insurance Carriers Can Win at the Long Game of Annuity Broker Recruitment
Sep 6 2023 // This post is part of a series sponsored by AgentSync. Life insurance carriers that don’t prioritize compliance and onboarding for their variable lines brokers will lose traction in the life and annuities market over...
Symington Officially Takes Over as New CEO of Big I
Sep 1 2023 // Charles Symington is the new president and chief executive of the Independent Insurance Agents & Brokers of America (the Big I), effective Sept. 1. Last September, Symington was promoted to executive vice president and...
People Moves: Greaves Joins Fred C. Church From MIT; Connecticut Big I Elects Jones
Sep 1 2023 // Greaves Joins Fred C. Church Insurance Commercial Lines Fred C. Church Insurance, headquartered in Lowell, Mass., hired Damual Greaves to its education team as a client executive. Greaves joins Fred C. Church after serving...
Past Is Prologue: Big I’s Vision Has Expanded Choices for Independent Agents
Sep 1 2023 // This post is part of a series sponsored by InsurBanc. Independent agency owners — who for generations have provided competitive insurance solutions for consumers and businesses — have seen the complexity of their own...
Texas Agency Alliance Adds Four New Independent Member Agencies
Aug 31 2023 // Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s...
Lufthansa Weighs Sale of Aviation Insurance Broker, Insurer: Sources
Aug 30 2023 // Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is...
Howden’s Aston Lark Acquires UK Broker Curtis Marine
Aug 29 2023 // Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine...
Montana Brokerage Owner Admits to Defrauding Customers
Aug 28 2023 // Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft. Hagadone faces a maximum of 20 years in prison, $250,000 fine and three years of supervised...
