Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
All in the Family
Dec 16 2011 // Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local...
Industry’s First Virtual Insurance Tradeshow Live Again In February 2012
Dec 15 2011 // Fairfield, CA, 12/15/11 – The 2012 Virtual Insurance Marketplace is the second offering from Direct Connection Advertising & Marketing, LLC, an agency specializing in insurance marketing services. The 2012 VIM...
Four New Hampshire Agencies Form Regional Alliance
Dec 13 2011 // Four insurance agencies in New Hampshire announced the formation of a new partnership called Northern United Agents Alliance (NUAA). The agencies said the move will help combine their resources to meet the needs of a...
Chubb Creates Online System for Private Companies and Nonprofits
Dec 13 2011 // The Chubb Group of Insurance Companies has developed an online system to make it easier for producers to procure professional liability and management liability insurance for private companies and nonprofit...
SEC Sues Brokerage Insurance Fund Over Stanford Victims’ Claims
Dec 13 2011 // Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds. The U.S. Securities...
Church Mutual Offers New Opportunities for Senior Living Brokers
Dec 13 2011 // The broker/specialty markets division at Church Mutual Insurance Co. has expanded opportunities for brokers and agents with experience in the senior living market. Specifically, the insurer is looking to add producers in...
Iowa Agent Pays $835K to End Crop Insurance Case
Dec 12 2011 // After five years of litigation, an Iowa insurance agent will pay $835,000 to settle allegations that he filed false federal crop insurance claims. The Justice Department announced the settlement with Russell Hawley of...
Perpetuation: It Isn’t Just a Money Thing
Dec 12 2011 // When agency owners think of perpetuation planning, they often think only of the financial aspect: Selling their agencies. In some circles, among some advisors, perpetuation planning is really another term for acquisitions....
Willis Group Acquires Italian Broker
Dec 12 2011 // Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela...
Online Portal Aims to Connect Independent Agents with Consumers
Dec 11 2011 // Beginning early next year, independent insurance agents will be able to tap into an online resource designed to connect them with the more than 65 percent of market share in personal lines they are currently missing. The...
Arthur J. Gallagher Acquires Transwestern in Utah
Dec 8 2011 // Transwestern General Agency Inc. in Salt Lake City, Utah has been acquired by Arthur J. Gallagher & Co. Terms of the transaction were not disclosed. Founded in 1945, Transwestern is a managing general agent and...
Professional Program Insurance Brokerage Launches Yoga Product
Dec 8 2011 // Professional Program Insurance Brokerage (PPIB) has set up a national program for yoga-related businesses. The product covers yoga practices, teachers and practicing students. A variety of coverages are available through...
P/C Insurers Lost 900 Jobs in October, Labor Department Data Shows
Dec 7 2011 // Property/casualty insurers lost 900 jobs overall in October, according to latest government data. But insurers in other segments did better. Life insurer employment was up by 1,400. Employment at medical expense insurers...
Strategic Insurance Agency Alliance Adds Six Member Agencies in East
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) added six new member agencies in the East region in November. The new member agencies are: The Highbeam Group of Cherry Hill, N.J.; Geraci Agency of Clinton Corners, N.Y.; ENV...
Ambrose Joins Hylant Group’s Executive Risk Practice in Chicago
Dec 7 2011 // Privately owned insurance brokerage firm Hylant Group, headquartered in Toledo, Ohio, has added Lynn Ambrose to its executive risk practice. Based in Hylant’s Chicago office, Ambrose will be primarily responsible for...
SIAA Adds 2 South Central Agencies
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) in November added two new member insurance agencies from South Central states. Nationally, the group added 35 members last month. The two new agencies are: Partners Premier...
SIAA Signs 5 Agencies in Midwest
Dec 7 2011 // The Strategic Insurance Agency Alliance (SIAA) in November added five new member insurance agencies located in the Midwest. Nationally, the group added 35 members last month. New agency members in the Midwest are: Epic...
Florida Agents Concerned About Homeowners Choice Contract
Dec 7 2011 // Independent agents in Florida are concerned that an appointment contract offered by a Florida homeowners insurer that recently assumed thousands of policies from another company could result in a loss of those...
Minnesota Workers’ Comp Insurer Joins Big ‘I’ Trusted Choice Program
Dec 6 2011 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that Minnesota-based workers’ compensation insurer, SFM, is the newest member of the Trusted Choice consumer...
Torus Acquires Renewals of C.V. Starr for Continental Europe; Interview with Int’l. CEO O’Donohoe
Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...
