Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arkansas Insurance Dept. to Consumers: Contact Agents About COVID-19 Premium Relief
Apr 16 2020 // The Arkansas Insurance Department is advising auto insurance consumers to contact their insurance agents as to whether their auto insurance carrier is offering premium relief in light of the COVID-19 health crisis. AID has...
Progressive Gives $2M to Big ‘I’ Fund to Aid Agencies Affected by Coronavirus Crisis
Apr 16 2020 // Progressive Insurance has donated $2 million to establish the Trusted Choice COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The...
Howden Broking Group Buys Greece’s Matrix Insurance & Reinsurance Brokers
Apr 16 2020 // Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial details of the deal were not disclosed. Founded in 2003 and...
Farmers in California Names Conte Head of Exclusive Agent Distribution
Apr 15 2020 // Woodland Hills, Calif.-based Farmers Insurance has named Krista Conte head of exclusive agent distribution. Conte joins Farmers after more than 15 years at Allstate, where she was most recently field vice president in the...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter
Apr 14 2020 // In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey Gibbons, senior vice...
DOXA Acquires Specialty Insurance Agencies in Florida, Missouri
Apr 13 2020 // Specialty insurance agencies Lawrence E. Smith & Associates (LESA) of greater St. Louis, Mo., and Scholastic Insurance of Florida (SIF) of greater Orlando, Fla., have been acquired by DOXA Insurance Holdings LLC...
SAN Group Welcomes Two Massachusetts Agencies to Its Network
Apr 13 2020 // Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast, has welcomed two Massachusetts-based insurance agencies to its network. Get One Insurance is based in Lynn, Mass.,...
How P/C Insurance Industry Can Maximize Its Response to Coronavirus: Crisis Manager
Apr 13 2020 // “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.” That’s Richard...
Quote Requests to Insurance Agencies Down 30% Since Coronavirus Shutdowns
Apr 13 2020 // While consumers may have more time to consider their insurance needs during this period of stay at home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t...
Anticipated Coronavirus Claims Scenarios Across Major Coverage Lines: Viewpoint
Apr 9 2020 // As the COVID-19 pandemic has progressed over the past several months, participants in the insurance industry have recognized the likelihood of a resulting increase in claims volume. Much of the early focus has been on the...
Strategic Agency Partners Launches in Eastern Pennsylvania and New Jersey
Apr 9 2020 // Several insurance agencies are joining resources to launch Strategic Agency Partners (SAP), an insurance agency network with a geographic footprint in eastern Pennsylvania and New Jersey. The founding agencies, located in...
Arrowhead and Internet of Insurance to Help Contracted Agencies Grow
Apr 9 2020 // San Diego, CA, April 9, 2020 – Arrowhead General Insurance Agency, Inc. (Arrowhead), has joined together with Internet of Insurance to help their contracted agencies advance their digital capabilities. The Internet of...
The Liberty Company Insurance Brokers Adds Kiley in California
Apr 9 2020 // The Liberty Company Insurance Brokers has added Jacob Kiley to its San Jose, Calif., office. Kiley specializes in contractor, hospitality, technology and non-profit accounts. Kiley has been with One Risk Group LLC for the...
How Agencies Can Manage Employees Working from Home During Coronavirus Crisis
Apr 8 2020 // Millions of Americans are currently subject to shelter-in-place or stay-at-home orders as efforts to slow the spread of the current strain of coronavirus expand, thus requiring employees across all industries to shift to...
Accounting Matters and So Does the Balance Sheet
Apr 6 2020 // I keep seeing agencies that need dramatic improvements to their accounting practices. Many such agencies are small, but not all. Many are new agencies, although some larger agencies have had shoddy accounting practices for...
Insurance Is Not A Company’s Primary Line of Defense in a Crisis
Apr 6 2020 // Imagine your company having a Halloween party: Employees show up wearing costumes mocking your customers, says the chief executive of a New York commercial insurance brokerage we recently interviewed. “Now imagine...
Coronavirus Effect on Agency Value
Apr 6 2020 // Life has changed for everyone since the lockdown of US citizens and businesses a few weeks ago by our local and federal governments. No one can really believe that in such a short time, beginning mid-March, that our lives...
How Agents Can Help Small Business Clients Navigate Cyber
Apr 6 2020 // More small businesses may be purchasing cyber insurance today as compared to a few years ago, but agents still have work to do to help clients understand their unique risks and ensure they have the right...
5 Tips to Help Small Business Clients Assess & Manage Cyber Risks
Apr 6 2020 // Agents and brokers looking to expand their relationships with small and mid-sized businesses might try ramping up efforts to help them understand and manage enterprise threats, such as cyber exposures. While hacking...
Travelers to Provide $100 Million Cash Flow Boost to Agents Amid Coronavirus Crisis
Apr 5 2020 // The Travelers Companies announced that it will accelerate commission payments to eligible agents and brokers to help them ease liquidity concerns due to the COVID-19 crisis. In total, Travelers said it is accelerating more...
