Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies
Nov 18 2020 // Monitoring Covid-19 vaccines for safety issues will fall to a group of U.S. health agencies that also will have a hand in their rollout, a potential hurdle in persuading skeptics to get the shots, say former government...
Washington Insurance Agent Charged with Wire Fraud in Alleged $750K Scheme
Nov 17 2020 // A 57-year-old Snohomish, Wash., insurance agent was charged this week in U.S. District Court in Seattle with five counts of wire fraud for her theft of approximately $750,000 in premium payments from various insurance...
Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers
Nov 16 2020 // Independent insurance agents and their carrier partners face strong headwinds in their efforts to maintain their dominance among distribution channels due to increased competition and evolving consumer expectations,...
Insurer Not Liable for $200K Georgia Fire Claim After Agent Premium Theft
Nov 16 2020 // A property insurer is off the hook for a $200,000 claim against a policy that it canceled, leaving a lawsuit filed against a former insurance agent who was arrested for pocketing premiums as the only apparent recourse...
How Independent Agencies Can Set Themselves Apart
Nov 16 2020 // For independent agents, building a community-based brand has always been a smart way to set themselves apart from their exclusive counterparts. Now, as the next wave of COVID-19 hits the U.S. economy, it’s more...
Senior Living in a Post-Pandemic World
Nov 16 2020 // Property/casualty insurance for senior living facilities has taken a hit this year. The insurance market has been hardening for the last year or two, and the COVID-19 pandemic brought on a wave of new challenges that has...
Young E&S Professionals Face Toughest Market They Have Ever Seen
Nov 16 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
Cannabis Broker Spotlight: Meade of Brown & Brown Had His “Ah-Ha” Moment After Getting into the Business
Nov 12 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
R.E. Chaix & Associates Insurance Brokers Acquires Rancho Pacific in California
Nov 12 2020 // R.E. Chaix & Associates Insurance Brokers has acquired Rancho Pacific Insurance Services in California. Founded by Tracy Prettyman, Rancho Pacific Insurance Services is a wholesale brokerage specializing in commercial...
Reiss Appointed President of International Bond & Marine Brokerage
Nov 12 2020 // James Reiss has been appointed as president of International Bond & Marine Brokerage Ltd. (IB&M), a brokerage providing risk management solutions to the international trade industry. The brokerage was recently...
Wright Specialty Insurance Introduces New Education Insurance Offering with Munich Re
Nov 12 2020 // November 12, 2020 – Garden City, NY – Wright Specialty Insurance, which provides a comprehensive suite of property and casualty insurance coverage and services for educational institutions nationwide, has expanded...
Iowa Agent Charged with Insurance Fraud
Nov 10 2020 // An Iowa insurance agent has been charged with one count each of Insurance Fraud (Class D Felony), Fraudulent Sales Practices – Over $10,000 (Class C Felony), Theft – 2nd degree (Class D Felony), Fraudulent Practices...
Equity Firm Cinven and Singapore’s GIC to Buy Insurance Broker Miller from Willis
Nov 9 2020 // Private equity firm Cinven and GIC, Singapore’s sovereign wealth fund, have agreed to acquire London-based specialist insurance and (re)insurance broker Miller from its partners and corporate member, Willis Towers...
Texas Selects Insurance Services Office as Statistical Agent for Cat Event Plan
Nov 6 2020 // Texas has selected Insurance Services Office Inc. (ISO) as the statistical agent for the Texas Catastrophe Event Statistical Plan for Personal and Commercial Risks. ISO’s selection follows the Sept. 15, 2020,...
Insurors of Tennessee Appoints Representative Ron Travis as CEO
Nov 6 2020 // Insurors of Tennessee has named Representative Ron Travis as the new CEO for the organization, effective Nov. 16, 2020. Ron Travis Travis (R-Dayton) is a state representative for District 31 (Bledsoe, Rhea, Sequatchie and...
Michigan Insurance Agent Charged with $375K Client Theft
Nov 5 2020 // A Howell, Michigan, insurance agent has been charged with embezzlement and conducting a criminal enterprise, among other felonies, according to state Attorney General Dana Nessel. Alicia Holbrook-Bloink is accused of...
Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin
Nov 5 2020 // A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must pay a penalty of more than $37,000, the state insurance commissioner’s office...
Hub International Acquires Alberta, Canada Broker Stalco Insurance
Nov 4 2020 // Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Stalco Insurance Ltd., a Canadian insurance broker. Terms of the transaction were not disclosed. With locations in Wainwright,...
The Co-operators Buys Canadian Broker Linda Rioux Assurances
Nov 4 2020 // The Co-operators has purchased Linda Rioux Assurances, the Warwick, Quebec-based insurance broker. Financial details of the deal were not disclosed. The broker’s portfolio includes home, auto, farm and commercial...
Hub International Acquires Virginia’s The Olson Insurance Agency, Insure All
Nov 3 2020 // Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of The Olson Insurance Agency LLC and Insure All LLC. Terms of the transaction were not disclosed. The owners of The...
