Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
2008: A Year of Financial Storms
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
After Stormy 2008, P/C Industry Facing Uncertainty in New Year
Dec 21 2008 // Agents Wish for Firmer Pricing, Higher Commissions, Solid Client Retention, Unity on Legislation Ask agents and executives in the insurance industry about the coming year and they’ll say they expect that the market...
2008: Busy Year for Mergers, Big and Small
Dec 21 2008 // A lot happened in the world of insurance agency/brokerage mergers and acquisitions in 2008. Willis made the biggest slash with its $2.1 billion acquisition of Hilb Rogal & Hobbs Co. (HRH), one of the world’s...
Agents’ Wish List for Carriers in 2009
Dec 21 2008 // The past year has brought down a lot of businesses and people — but not independent insurance agents. They’re still up … for the challenge, for the future, for whatever lies ahead. Many independent agencies...
Top Regional Stories of 2008
Dec 21 2008 // West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the...
BB&T to Acquire Florida’s J. Rolfe Davis Insurance
Dec 19 2008 // BB&T Insurance Services, the nation’s sixth largest insurance broker, reports it plans to acquire J. Rolfe Davis Insurance of Maitland, Fla. Founded in 1942 by former Orlando mayor J. Rolfe Davis, the...
Ho-Ho-Ho Holiday Parties? Survey Says Homeowners Unaware of Risks
Dec 19 2008 // As millions of Americans host and attend holiday parties across the street or across the country, many are unaware of the risks they may be taking or of their own responsibilities to ensure their guests don’t hit the...
Retail, Wholesale Insurance Brokers Working on Electronic Transactions
Dec 19 2008 // Retail insurance agents and wholesale brokers are working on a plan to streamline how they do business together including improving electronic applications, electronic interfaces between the parties, and general agent Web...
Texas Agent Group Revising Essentials Training Program
Dec 18 2008 // The Independent Insurance Agents of Texas is updating its training program designed to provide agents with a foundation in commercial and personal lines insurance. Beginning in January, IIAT is taking the best elements of...
The Alliance of Insurance Agents & Brokers Names D’Arelli Executive Director
Dec 17 2008 // The Alliance of Insurance Agents & Brokers announced that Michael D’Arelli has been named the association’s executive director and chief operating officer. D’Arelli has replaced David G. Nielsen, who...
Hamlin Joins Burns & Wilcox as Professional Lines Broker
Dec 15 2008 // Farmington Hills, Mich.-based Burns & Wilcox announces that Christian T. Hamlin has joined the company as a professional lines broker. He is based in the company’s Los Angeles office. Hamlin has more than 10...
California Earthquake Authority Selects Broker Team for Reinsurance Program
Dec 12 2008 // The California Earthquake Authority Governing Board today approved a team of reinsurance intermediaries to work on the CEA’s behalf to meet its reinsurance needs. AON Benfield will act as lead intermediary, with Guy...
HCC Insurance Holdings Acquires Arrowhead Public Risk, U.S. Risk Insurance Brokers’ Criminal Justice Division
Dec 12 2008 // Houston-based HCC Insurance Holdings Inc.has acquired Arrowhead Public Risk, a division of Arrowhead General Insurance Agency Inc., and also acquired the Criminal Justice division of U.S. Risk Insurance Brokers. The...
Agents and Wholesale Brokers Team Up for Food Bank
Dec 12 2008 // The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts recently to collect food and money for the Capital Area Food Bank in Austin, Texas. Food and money were collected at...
S.H. Smith & Company Launches Bus Program Website
Dec 11 2008 // Company enhances Customer Service through new Bus Website Hartford, CT – S.H. Smith & Company, Inc. is proud to announce the launch of its new website: http://www.shsmithbus.com. Developed to augment its...
Crump Adds Broker, Associate Broker in Dallas and Austin
Dec 11 2008 // Crump Insurance Services has added Babs Driscoll as broker in its Houston, Texas, office and Camille Wilkerson as associate broker in Austin. Driscoll works in the property and inland marine brokerage and underwrites...
Higher Response Rates for Insurance Agents
Dec 10 2008 // December 10, 2008 – Broomall, PA. Are you looking to grow your agency? Tired of dead end leads? A few years ago the only option for an insurance agent was to buy leads. Most agents will tell you that the leads...
AXIS Capital to Acquire Managing General Agent Dexta
Dec 10 2008 // Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to acquire the business and operations of Australian managing general agent Dexta Corporation Pty Ltd. from its shareholders, Ironbridge Capital,...
Study: Independent Agency System Stable and Growing
Dec 10 2008 // The number of independent agencies has stabilized — that’s one of the key findings of the 2008 Agency Universe Study. Future One, a collaboration of the Independent Insurance Agents & Brokers of America...
Gallagher & Co. Acquires Treiber Agencies
Dec 10 2008 // Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisitions of The Treiber Group LLC and Treiber Agency Group LLC, both located in Garden City, N.Y. Terms of the transactions were not...
