Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Agencies Promoting People for Commercial Lines
Apr 6 2022 // Jimcor Hires Becotte Jimcor Agency Inc., a national wholesale broker and managing general agent, has hired Michael Becotte as a commercial lines underwriter for the Southeast, based in Cumming, Georgia. Becotte has more...
Gallagher Bassett International Acquires UK-Based Claims Settlement Agencies Ltd.
Apr 5 2022 // Claims services provider Gallagher Bassett (GB) International has boosted its size and offering in the United Kingdom by acquiring third-party claims administrator Claims Settlement Agencies Ltd. (CSA). Financial details...
Canada’s StoneRidge Insurance Brokers Buys Generations Insurance Inc.
Apr 5 2022 // Canada’a SIB Corp., operating as StoneRidge Insurance Brokers (SIB), an independent provider of insurance and consulting service, has acquired Generations Insurance Inc., to expand its personal and commercial...
Howden Acquires 2 Italian Brokers: Nord Est Insurance Broker and ASI
Apr 4 2022 // Howden, the London-based international insurance broker, further strengthens its presence in Italy with two new acquisitions: Nord Est Insurance Broker and ASI Insurance Brokers. Financial details of the acquisitions were...
Louisiana Dept. of Insurance Issues Cease-and-Desist Orders Against 2 Agents
Apr 4 2022 // The Louisiana Department of Insurance (LDI) recently issued cease-and-desist orders and license suspensions against two insurance producers for violations of the Louisiana Insurance Code. On March 11, the LDI issued a...
Iowa Insurance Agent’s License Permanently Revoked After Violating Order
Apr 4 2022 // Iowa Insurance Commissioner Doug Ommen recently issued an enforcement order against Gary D. Marcum formerly of Clive, Iowa, and now a resident of Kodak, Tennessee. The enforcement order permanently revokes Marcum’s...
UK Brokerage Group Jensten Simplifies Corporate Structure, Brands
Apr 4 2022 // The Jensten Group, the UK independent insurance broking group, has embarked upon a transformation program across the business which will see it simplify its corporate structure, systems, and brands. The restructure will...
Former Licensed California Agent Faces Insurance Fraud Charges
Apr 4 2022 // A former licensed California insurance agent has been charged with 11 felony counts including identity theft, grand theft and embezzlement after allegedly writing 162 fraudulent policies in an attempt to gain unearned...
How AI Can Help Agents, Brokers and Insurers Build Empathy
Apr 4 2022 // Empathy isn’t a word small business owners typically associate with insurance companies. But that doesn’t mean empathy isn’t important to policyholders. Quite the opposite: Empathy demonstrated by...
Young Agents: What Do You Think? Take This Survey.
Apr 1 2022 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
Mar 25 2022 // U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery. The announcement...
London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office
Mar 25 2022 // A handful of London insurance firms are being investigated for bribery and corruption by the UK’s Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the way firms,...
Istanbul-Based Broker GrEC Joins Assurex Global as Partner
Mar 25 2022 // Assurex Global announced that GrECo, based in Istanbul, Turkey, has joined the global partnership, which now consists of 97 independent brokerages. GrECo Turkey´s specialties are far-reaching, including agriculture,...
Aston Lark Acquires UK Specialist Broker Braddons
Mar 24 2022 // Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced specialist corporate insurance broking firm Braddons as its latest acquisition. Established in 1994 by Steve and Catherine...
People Moves: Godhwani, Bresnahan Assume New Top Posts at BHSI; Big I’s Flannagan to Retire; Aon Names Merlo as Claims Leader
Mar 24 2022 // Berkshire Hathaway Specialty Insurance Names Top Leaders Berkshire Hathaway Specialty Insurance (BHSI) announced Sanjay Godhwani has been named president, North America region, and David Bresnahan will take on the role of...
Former Licensed California Agent Faces Felony Insurance Fraud Charges
Mar 24 2022 // Formerly licensed California insurance agent has been charged with 11 felony counts including identity theft, grand theft and embezzlement after allegedly writing 162 fraudulent policies in an attempt to gain unearned...
People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer
Mar 23 2022 // This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance...
With Construction Booming, Agents Can Help Contractors Avoid Big Risks
Mar 22 2022 // Times are good for contractors, with an active market creating an abundance of work, increasing revenues, and business growth. In 2021, President Joe Biden signed a $1.2 trillion infrastructure bill and over the next five...
Insurers, Brokers Among Those Named World’s Most Ethical Companies
Mar 22 2022 // Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that defines and measures...
