Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Half of Insurance Agencies Lack a Digital Strategy, Applied Systems Survey Finds
Aug 10 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...
Insurance Agents Think They Offer Value. But Some Customers Have a Different View.
Aug 7 2020 // Business owners and consumers are rethinking their finances and insurance needs due to the current economic uncertainty. However, new research suggests insurance customers and their agents are not always on the same page;...
The Future of Insurance Industry Will Not Be Decided by Insurtechs Alone: Viewpoint
Aug 6 2020 // Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive...
Lloyd’s Broker Ed Taps Ulhaq from RFIB to Expand Int’l Facultative Reinsurance Offering
Aug 6 2020 // Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Assad Ulhaq as senior broker and producer with immediate effect. In this role Ulhaq will focus on international property...
Gallagher Buys Canada Retail Broker Insight Insurance
Aug 6 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Edmonton, Alberta-based Insight Insurance & Risk Management Ltd. Terms of the transaction were not disclosed. Founded...
Cannabis Broker Spotlight: Flux’s Prince Sees Greatest Value in Being an Advisor
Aug 6 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...
Pie Workers’ Comp ‘Appetite Checker’ Slices Agents’ Wait Time on Risk Eligibility
Aug 5 2020 // Pie Insurance, a technology-driven workers’ compensation provider for small businesses, has a new portal that it says makes it easier for agents to submit their workers’ compensation accounts and track their...
Worldwide Facilities Acquires Clearwater Underwriters of Florida
Aug 5 2020 // Worldwide Facilities, LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, Fla. Clearwater...
Teri Colburn Promoted to Regional Vice President, Managing Broker of Breckenridge Insurance Services
Aug 4 2020 // Atlanta, GA, August 4, 2020 — Breckenridge Insurance Services is pleased to announce the promotion of Teri Colburn to regional vice president, managing broker for wholesale brokerage and binding operations in the...
Former A&A Leader, Insurance Historian Bogardus Passes Away at Age 92
Aug 3 2020 // John (Jack) A. Bogardus Jr., age 92, former chairman, president and CEO of Alexander & Alexander insurance brokerage, passed away from complications of Alzheimer’s in Scottsdale, Arizona on June 28, according to...
USG Insurance Services Hires Florida-Based Morgan
Jul 31 2020 // USG Insurance Services, Inc., a national wholesaler and MGA, has hired Mark Morgan as producer/broker: Property, in Tampa, Fla. Morgan has 19 years of industry experience, most recently serving as director of New Business...
Insurance Broker PCF Acquires Avidity Insurance in Kansas
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Avidity Insurance, an Overland Park, Kansas-based independent insurance agency founded in 2013 by Will Wilson. Avidity offers home, auto,...
Former Michigan Insurance Agent Pleads No Contest to Embezzlement Charges
Jul 31 2020 // A plea deal has been reached with a former Genesee County, Michigan, insurance agent who allegedly embezzled from her clients and provided them with phony insurance certificates for home and auto insurance, the...
First Fidelity Brokerage of N.Y., Moulton Insurance of Mass., Acquired by PCF
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired two brokerages based in the Eastern U.S. The brokerages that have joined PCF include: First Fidelity Brokerage, a New York City-based...
Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC
Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
Breckenridge Welcomes Sheree Davis as Senior Vice President, Program Director
Jul 30 2020 // Atlanta, GA, July 30, 2020 — Breckenridge Insurance Group welcomes Sheree Davis to the company as a senior vice president, program director. Davis has more than 30 years of insurance industry experience with significant...
The Importance of Forensic Accounting to Future Hurricane BI Claims
Jul 30 2020 // As a licensed general contractor and a certified public accountant in South Florida who has been advising clients in accounting- and construction-related issues for the past 15 years, I have seen hurricane seasons come and...
Former Ohio Insurance Agent Gets 9 Years in Prison for $1.1M Theft from Clients
Jul 29 2020 // A former Ohio insurance agent has been sentenced to nine years in prison for stealing more than $1.1 million from clients, according to the Ohio Department of Insurance. The ODI said Gregory Oliver, of Milford, Ohio, was...
Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business
Jul 29 2020 // Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the...
