Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Cannabis Broker Spotlight: Parenti with PCF Loves Cannabis and Pizza
Jul 23 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...
Half of Insurance Agencies Lack a Digital Strategy, Applied Systems Survey Finds
Jul 23 2020 // A little more than half (51%) of independent insurance agencies and brokerages say they have some sort of digital strategy in place, with larger firms more likely than smaller to have one. That’s according to...
3 Whys for Making Insurance Policies Easier to Read
Jul 22 2020 // I was recently asked this question. What do you think about efforts to simplify policy language? The answer is never as simple as it seems at first. The simple answer is that I’m for making the insurance policy...
The Liberty Company Insurance Brokers Adds Patino in Tennessee
Jul 22 2020 // The Liberty Company Insurance Brokers has added Christian Patino to the company as a risk advisor in its Transportation Practice Group. Patino has experience in the transportation and trucking niche, formerly working with...
Texas Agencies Higginbotham and Borden Insurance Merge
Jul 22 2020 // Fort Worth, Texas-based Higginbotham and Borden Insurance, an independent insurance agency located in Corpus Christi, Texas, have joined forces. Led by President and CEO David Erwin Borden, Borden Insurance was previously...
Appeals Court Rejects Florida Hotel’s Coverage Interpretation in Suit Against Insurer
Jul 22 2020 // A recent opinion by the Eleventh Circuit Court of Appeals involving a case against the insurer of a Florida hotel could clarify an issue of sublimits and have a significant impact on how policies are written in the future,...
Private Equity Firm Aquiline Closes Investment in Dutch Broker Quintes Holding
Jul 20 2020 // Aquiline Capital Partners, a global private investment firm specializing in financial services and technology, announced it has closed its investment in Quintes Holding, one of the largest independent insurance brokers in...
Aviation Broker Piiq Risk Partners Receives License to Operate in France
Jul 20 2020 // Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s French operation will act as a base for expanding its services across the...
The Value of Agency Data and Who Owns It
Jul 20 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...
Are You Really Interested in Learning to Do Your Job Better?
Jul 20 2020 // One of my favorite books and movies is The Milagro Beanfield War. It takes place in the ’70s in a small, poverty stricken, dirt street northern New Mexico village. It’s close to a third world village, and into...
Starkweather & Shepley Insurance Brokerage Acquires Newport Insurance Agency
Jul 17 2020 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Newport Insurance Agency Inc. (NIA). Located in Middletown, R.I., with 13 associates on staff, Newport Insurance is an independent agency serving...
AHT Insurance Acquires Mason & Mason Insurance
Jul 16 2020 // AHT Insurance has acquired Mason & Mason Insurance. Mason’s offices in Whitman, Mass., located near Boston, and North Conway, N.H., will become AHT’s eighth and ninth locations nationally. Mason’s...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic
Jul 16 2020 // The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the insurance broker merger and acquisition (M&A) market has remained active even as the...
P/C Insurance Agency M&A Deals Down 12% in First Half of 2020: Optis
Jul 15 2020 // There were 288 announced insurance agency mergers and acquisitions during the first half of 2020, down from 328 in 2019, according to a report from OPTIS Partners. It was the lowest six-month period total since...
iGUARANTEE™ Launches New Bail Bonds Software Platform
Jul 15 2020 // Burlington, NC, July 15, 2020 – Built on the backbone of 20 years combined programming experience, 13 years of Surety Bonding knowledge, 30 years of Sales and Marketing expertise, and more than 15 years of UX / UI...
The Liberty Company Insurance Brokers Adds Kramer in Atlanta
Jul 15 2020 // The Liberty Company Insurance Brokers has hired William Kramer to the firm’s Employee Benefits Division. Larry Kramer Kramer has been in the insurance industry for over 20 years working on both the retail and carrier...
Iowa’s First Mainstreet Insurance Acquires 3 New Agencies
Jul 14 2020 // Cedar Rapids, Iowa-based First MainStreet Insurance (FMSI), a TrueNorth affiliate, has added three new firms to its family of insurance agencies — two in Iowa and one in Tennessee. FMSI acquired Sisson and Associates of...
Insurity Acquires Virtual MGA in Texas
Jul 13 2020 // Insurity Inc., a provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, has completed the acquisition of Austin, Texas-based Virtual MGA. The deal, which closely follows the June...
German Officials Seize Server With U.S. Police Files Stolen in Data Breach
Jul 10 2020 // At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data...
The Liberty Company Insurance Brokers Partners with The Browning Agency of Florida
Jul 10 2020 // The Liberty Company Insurance Brokers has partnered with The Browning Agency of Ponte Vedra, Fla. Established in 1989 by Jim Browning, The Browning Agency is a full-service brokerage and consulting firm specializing in...
