Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
New York Agents Plan Court Appeal over Pay-Disclosure Rules
Jan 10 2011 // Two New York agents’ groups said they have taken the first steps to appeal a decision by a state court judge allowing state insurance regulators to force brokers to reveal their commissions. The Independent Insurance...
Sidelining Agents
Jan 10 2011 // In their zeal to control health care costs, federal policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging the...
2011 Insurance Industry Meetings and Conventions Directory
Jan 10 2011 // Welcome to Insurance Journal’s 2011 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Broker Wins Appeal Against CRC Insurance Services
Jan 10 2011 // The California Court of Appeal, Second Appellate District, has reversed a lower court’s $4.2 million judgment against former CRC Insurance Services broker Constance Callan. According to court documents in Constance...
Calif. Homeowners Underinsurance Regulations May Require Agent Training
Jan 10 2011 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
People
Jan 10 2011 // Golden Eagle Insurance, a Liberty Mutual Agency Corp. regional company, appointed Spencer J. Donkin president and CEO. Donkin joins Golden Eagle Insurance from Liberty Mutual Agency Corp.’s Regional Companies Group,...
Brokers, Reinsurer to Expand Insurance for Oil Drilling
Jan 10 2011 // The world’s top three insurance brokers have joined reinsurer Munich Re to promote a major expansion in risk coverage for deepwater drilling in the wake of BP’s disastrous Gulf of Mexico spill last April. Their...
Empire of Insurance
Jan 10 2011 // HUB International Is Back In the Acquisitions Race; To Go Public Within 2 Years Top 100 Agency Profile IJ Top 100 Rank: 2 Agency Name: HUB International Limited Main Office: Chicago Year Founded: 1998 No. of employees:...
Reinsurance Broker Holborn Adds Frank, Knutzen in Midwest
Jan 10 2011 // Holborn Corp., an independent provider of reinsurance brokerage services headquartered in New York, announced that Thomas Frank and Jon Knutzen have joined the firm as senior vice presidents in the company’s...
Wholesale Brokerage R-T Specialty Opens Dallas, Texas Office
Jan 7 2011 // R-T Specialty, LLC (RT), the wholesale brokerage arm of Ryan Specialty Group LLC (RSG) has opened a new office in Dallas, Texas. Rajan Shah will direct the office as president. Shah brings more than 17 years of experience...
Recent Calif. Regulator Actions Create Insurance Agent/Broker Concerns
Jan 7 2011 // Reflecting on Calif. Insurance Commissioner Dave Jones’ recent emergency order to enforce medical loss ratio rules requiring insurers to limit the percentage of premium revenue spent on reimbursement for...
Economist: Oregonian Insurance Agents Can Expect Unsettling Year
Jan 7 2011 // Oregonians should expect a long slow recovery from the recession, and it will be years before the economy returns to pre-recession levels, John Mitchel, an economist and former Western Regional Economist for U.S. Bank,...
USG Adds Holloman as Broker in Georgia
Jan 6 2011 // National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside...
Marsh & McLennan Agency Acquires Minnesota-based RJF Agencies
Jan 6 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Terms of the transaction were...
Abel to Head Brokerage Operations of Cooper Gay Non-marine Team
Jan 6 2011 // Cooper Gay, the independent global wholesale, reinsurance and specialist retail insurance broker, has appointed Alan Abel as head of broking and director of its non-marine division. He is based in London, but will also...
Wiseman Insurance Agency Joins ISU Network
Jan 6 2011 // Wiseman Insurance Agency has joined the ISU Network, ISU International announced. Founded in 1935, ISU Wiseman Insurance Agency has been a family run business for four generations and is located in Provo, Utah. Currently...
California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
Marsh Agency Buys Georgia Benefits Brokerage
Jan 4 2011 // Marsh & McLennan Agency LLC reports it has acquired Strategic Benefit Solutions, Inc. (SBS), a $4 million benefits brokerage and consulting firm based in Alpharetta, Georgia. Terms of the transaction were not...
Hub International Acquires Four Western Companies
Jan 4 2011 // Chicago-based Hub International Ltd. (Hub), an insurance brokerage firm, has announced several acquisitions. It has acquired the shares of Hall-Conway-Jackson Inc. and the assets of Cascade Insurance Group Inc., Bothell,...
Six Keys to Harleysville’s Turnaround
Dec 31 2010 // Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s when newly appointed CEO Michael Browne — who...
