Latest Agencies Headlines

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

Strategic Insurance Agency Alliance Adds 5 Midwest Agencies

Apr 23 2012 // The Strategic Insurance Agency Alliance (SIAA) announced it signed five new agencies in the Midwest during March. The new Midwest agencies are: Mraz Insurance Services of Mokena, Ill.; L&K Insurance Products of La...

SIAA Announces 6 New Member Agencies in Northeast

Apr 19 2012 // The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said six new agencies in the northeastern region became members in March. These new members are: Keane...

N.Y.-Based USI Buys Assets of Compass Insurance, Expands in Southwest

Apr 19 2012 // USI Insurance Services, an insurance brokerage firm headquartered in Briarcliff Manor, N.Y., acquired certain assets of BBVA Compass Insurance Agency, a unit of BBVA Compass, a financial holding company headquartered in...

Midwest Insurance Employment: Sales Agents, Good Talent Always Priorities

Apr 19 2012 // As in every other business sector, during the past few years organizations within the property/casualty insurance industry have sought to maximize efficiencies and take full advantage of the talent in their existing...

South Central Insurance Employment: Oil, Economy Fuel Texas Hiring

Apr 19 2012 // Across the nation, employment levels in insurance agencies and brokerages declined at a faster rate than the overall U.S. employment level since the recession began in 2007. The good news: Some independent agencies across...

Southeast Insurance Employment: Agency, Carrier Plans Brighten Picture

Apr 18 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key...

C.M. Meiers Legal Battle Continues With New Allegations

Apr 17 2012 // The auction and sale of C.M. Meiers Co. Inc., an out-of-trust Woodland Hills, Calif.-based insurance agency in bankruptcy, is a done deal. But the buyers and former owners are now in a squabble over allegations that the...

FEMA to Agents: Stop Using Commission Rebates to Solicit Business

Apr 17 2012 // Federal emergency officials are calling on insurance agents to stop offering clients a cut of the agent’s commission if the client agrees to purchase a flood policy. The Federal Emergency Management Agency is taking...

COO Named for New York-based Work At Home Vintage Employees

Apr 17 2012 // Work At Home Vintage Employees LLC (WAHVE), a New York City-based company that provides domestic remote staffing services for insurance firms, appointed Frank Sentner as chief operating officer. Previously, Sentner was...

Wholesale Broker AmWINS Agrees to $1.3 Billion Recapitalization with New Mountain

Apr 17 2012 // Wholesale insurance broker AmWINS Group Inc. announced today that its management and employee shareholders have agreed on a $1.3 billion recapitalization with private equity firm New Mountain Capital of New York. Other...

West Insurance Employment: California Job Market to Stay Soft

Apr 17 2012 // The phrase “Go west young man,” may not apply so well to the insurance industry in the nation’s most populous state. An examination of Bureau of Labor Statistics and Economic Development Department data...

East Insurance Employment: Hiring Is ‘Slightly Elevated’ in 2012

Apr 16 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...

Young Agents Survey

Apr 16 2012 // How the Next Generation is Leading the Way There’s a change happening in the insurance industry — a big change. Young independent insurance agents are leading a revolution. It’s a revolution of means more...

Business Moves – South Central

Apr 16 2012 // Louisiana Agency Partners, The Kirksey Agency Louisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance...

A Marriage of Modernity and Tradition

Apr 16 2012 // A milestone in the modernization of the London insurance market was reached on March 5, when the electronic processing of endorsements using ACORD data messages was extended to all classes of business. The endorsements...

Business Moves – East

Apr 16 2012 // BB&T Corp., Crump Group BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., completed its previously announced acquisition of insurance businesses from Crump Group, a Roseland,...

Business Moves – Midwest

Apr 16 2012 // Great American Insurance Group Cincinnati, Ohio-based Great American Insurance Group’s environmental division opened a regional office in New York City. The expansion complements the environmental division’s...

Oklahoma Agent Sentenced

Apr 16 2012 // A formerly licensed insurance agent in Oklahoma, Matthew Hammer, has been sentenced for fraud. Hammer pled guilty to one felony count of Obtaining Property by False Pretense and was sentenced to a three-year deferred...

Georgia Agents Form New Venture, PentaRisk

Apr 16 2012 // A man and a boy who suffered brain damage due to government negligence and the parents of a slain police informant will be compensated through three bills signed by Gov. Rick Scott. One would require Lee County’s...

This Is Not Your Father’s Industry

Apr 16 2012 // This industry is changing fast. Quite a number of agency owners and carrier executives will realize this fact too late. This reality is not necessarily a sad fact because great success stories will arise from these...