Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
DiBattista to Lead Nationwide E&S Brokerage
Nov 3 2020 // Nationwide has named Jude DiBattista to head its E&S Brokerage wholesale primary and excess casualty unit. DiBattista will lead the E&S Brokerage wholesale casualty team from New York and will report to Tom...
Candidates in Hotly Contested North Carolina Insurance Race Talk Scandal, Priorities
Nov 2 2020 // The race for the next North Carolina Insurance Commissioner features two familiar faces to state voters in what is a three-peat showdown featuring Republican Mike Causey and Democrat Wayne Goodwin. Causey, the incumbent,...
Agency M&A Activity Continues Despite Pandemic: OPTIS Partners
Nov 2 2020 // There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the same period in 2019, according to a report from consulting firm OPTIS Partners. The Chicago-based...
Getting an Agent-of-Record: It’s Easier Than You Think
Nov 2 2020 // Sally wants to close every piece of business she works on, but she doesn’t. She’s not even close. Her price is never good enough. The coverage gap is never big enough. And even if it is, it doesn’t end up...
Agents’ E&O Under Pressure
Nov 2 2020 // The agency errors and omissions liability market has enjoyed stable market conditions for years. But that could be changing as agents and their insureds attempt to balance emerging risks in a changing insurance market. The...
Cannabis Broker Spotlight: Koelewyn of Pacific AG Embraced Cannabis Insurance from the Start
Oct 29 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...
Boston Insurance Brokerage Expands Specialty Offerings; Fell to Lead New Division
Oct 29 2020 // Boston Insurance Brokerage (BIB) has announced an expansion of its specialty offerings to include Programs & Compliance. The new division at BIB will be led by Senior Vice President Christopher Fell. BIB has a history...
