Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Special Report: America’s Best Independent Insurance Agencies to Work For
Nov 21 2022 // The votes are in for the 2022 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2022 highlighted the importance of competitive salaries, employee benefits, training and education,...
To Improve Client Relationships, Agents’ Digital Strategies Should Reflect Authenticity
Nov 21 2022 // Customer relationship-building is one of the greatest value drivers for insurance agents. A benchmark analysis from McKinsey & Co. found agents with deeper customer relationships have higher product density than those...
Carolina Agent, Missouri Attorneys Indicted on Tax, Insurance Fraud Charges
Nov 17 2022 // Two Missouri tax attorneys and a North Carolina insurance agent have been indicted for helping clients set up fraudulent tax shelters, file false tax returns and to defraud an insurance carrier, federal prosecutors...
Open Enrollment 2023 Best Practices for Independent Insurance Agents
Nov 16 2022 // This post is part of a series sponsored by AgentSync. Open enrollment season for benefits, both employer-sponsored and private, is approaching. Brush up on some best practices to make the season smoother at your...
Ambac Acquires New Jersey Commercial Auto MGU and Marine Broker
Nov 9 2022 // Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corp, both of Mahwah, New Jersey. All Trans is a...
Lloyd’s Broker Servca Acquires MedMal Specialist Medicas
Nov 8 2022 // Independent Lloyd’s retail broker Servca Group announced the acquisition of Medicas, an independent insurance specialist that offers a wide range of medical indemnity, medical malpractice and healthcare liability...
Florida Insurance Agent Charged with Absconding with $41,000 in Premiums
Nov 8 2022 // When a big property owner in Naples, Florida, recently tried to refinance some loans, the owner was surprised to discover that 31 properties had no insurance – despite having paid thousands of dollars in premiums. Late...
Former California Insurance Agent Sentenced for Theft
Nov 8 2022 // Formerly licensed insurance agent Vincent Allen LaGrange, 66, of Seal Beach, California, was sentenced in San Bernardino County Superior Court on one misdemeanor count of grand theft from an elder after an investigation by...
Agency E&O Premiums Rise Again; 3 Years in a Row, More Agencies Report Paying More for E&O Coverage
Nov 7 2022 // Agency errors and omissions premiums have risen on average for three years in a row, according to Insurance Journal’s annual Agency E&O survey. Some 70.5% of respondents saw an increase in their agency E&O...
Gallagher Buys Irish Broker Doyle Mahon, Rebrands Innovu After Recent Acquisition
Nov 4 2022 // Gallagher announced it has acquired Doyle Mahon Insurances, bolstering its presence in Ireland and demonstrating its commitment to expand its customer and employee base in the country. This follows Gallagher’s...
UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban
Nov 4 2022 // The UK government is to cap the price of Russian oil for any company in the world using the country’s insurance, brokerage and shipping services. The UK Treasury said in a statement on Thursday that the country will...
People Moves: Broker Newfront Names Leaders in Boston; Tweedy Joins Integris
Nov 3 2022 // Newfront Names Executives at New Boston Office Insurance broker Newfront recently named several executives and leaders at its newly established Boston, Massachusetts, office. Brian Kelleher joins the Boston office as...
People Moves: Chaucer Taps AXA XL’s Tuggey to Lead Cyber; LSM Appoints Chubb’s Vince for Broker Mgmt; QBE Int’l Names Stokoe, Fuller to Exec Board, Expanding Roles
Nov 2 2022 // This edition of International People Moves details appointments at Chaucer, Liberty Specialty Markets, and QBE International. A summary of these new hires follows here. Chaucer Names AXA XL’s Tuggey as Head of...
Jensten Group Completes Acquisition of UK Broker J Bennett & Son
Nov 1 2022 // The Jensten Group, the London-based independent insurance broking group, has completed the acquisiton of J Bennett & Son Insurance Brokers and its subsidiary, Mathews Comfort & Co., following final regulatory...
The Top 3 Questions Agents Ask about Builders Risk
Oct 27 2022 // Design on a Dime, Property Brothers, Man Cave, This Old House, Flip or Flop — These popular TV shows draw millions of viewers with stories featuring renovations of run-down or dated homes. Television producers...
New York’s High Court Upholds Insurance Regulation Opposed by Agents
Oct 26 2022 // New York insurance agents have lost their bid to overturn a state consumer regulation governing the sale of life insurance and annuity products that they believe is vague and exceeds the state insurance regulator’s...
AgentSync: We Know Insurance Because We Come From Insurance
Oct 26 2022 // This post is part of a series sponsored by AgentSync. AgentSync’s roots are in the insurance industry’s pain points: The premise started from insurance professionals looking at manual and repetitive producer...
Renaissance Alliance Adds 3 New York Agencies to Its Network
Oct 25 2022 // Independent insurance agency network Renaissance Alliance reports that it has expanded its presence in New York by adding three agencies to its membership. The newest members are Fraleigh and Rakow, with office locations...
Broker UIB Forms Corporate & Capital Risks Practice After Restructuring Specialty Lines
Oct 24 2022 // United Insurance Brokers (UIB), the London-based re/insurance broker, announced the formation of its Corporate & Capital Risks practice. This announcement comes after UIB restructured its Specialty Lines Division this...
Agents Want End to California Auto Insurance Rate Moratorium
Oct 18 2022 // An insurance agent group in California is opining on the impact of California Insurance Commissioner Lara’s recent auto insurance rate decisions on California consumers. They do not like Lara’s auto insurance...
