Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurers Reject House Members’ Request to Cover Uninsured COVID Business Losses
Mar 20 2020 // A bipartisan group of U.S. House members has asked insurers to retroactively recognize financial losses relating to COVID-19 under commercial business interruption coverage for policyholders. Eighteen House members made...
Southeast Insurance Regulators Issue Industry Guidance for Coronavirus Outbreak
Mar 20 2020 // Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak, while also acknowledging the potential for a serious impact...
Turning 50, Invest High School Program Eyes Apprenticeships for Independent Agencies
Mar 19 2020 // Powered by InsuranceJournal.tv A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th...
Texas Stamping Office Still Processing Policies, Fees Amid Pandemic Precautions
Mar 19 2020 // Its employees are now working remotely but the Surplus Lines Stamping Office of Texas (SLTX) reports that all duties and responsibilities, including policy processing and fee collections, continue to be met. SLTX said it...
Broker BMS Appoints Pfeffer from OneBeacon as U.S. Chief Casualty Officer
Mar 19 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at...
EG Insurance Takes Over Policies of Defunct Windhaven MGA The Hearth
Mar 19 2020 // A new managing general agent has taken over the policies of Windhaven Insurance Company subsidiary The Hearth Group and will begin writing new business in Florida and Texas in the near future. EG Insurance Agency, based in...
Fink Joins AAdvantage Insurance Group as Sales Agent in Illinois
Mar 17 2020 // AAdvantage Insurance Group in Glen Carbon, Illinois, has hired professional soccer player, Sam Fink, as a sales agent. In this position, Fink will be responsible for generating prospects, developing new relationships, and...
Florida Clears Insurance Agency Reps to Work Remotely Amid Coronavirus
Mar 17 2020 // Florida’s state of emergency due to the rapid spread of coronavirus in the state, and throughout the country, has created a need for many workers to work remotely. However, certain licensed insurance employees were...
Iowa’s First MainStreet Insurance Acquires 3 New Agencies
Mar 13 2020 // First MainStreet Insurance (FMSI), a Cedar Rapids, Iowa-based affiliate of TrueNorth Companies, has closed on its acquisition of three new agencies. The firm expanded to Western Iowa with the merger of EGR Insurance in...
Beazley Adds SME Cyber Product to E-Trading Broker Platform
Mar 13 2020 // Beazley has made its flagship cyber product, Beazley Breach Response (BBR), available to brokers of small and medium-sized business through the myBeazley platform in the U.S., speeding up the time required to obtain a...
London’s EC3 Brokers Starts U.S. Property Wholesale Unit; 3 Jeffery Brothers to Head
Mar 12 2020 // London-based EC3 Brokers has launched a U.S. property wholesale division based in London, with the appointments of Matthew Jeffery as managing director and David and Daniel Jeffery as divisional directors. The brothers,...
PG&E Has Settled One Battle Involving California Wildfire Fund
Mar 11 2020 // Pacific Gas & Electric told a federal bankruptcy judge that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic...
Two New Agencies Join Renaissance Alliance Insurance Services’ New England Network
Mar 11 2020 // Renaissance Alliance Insurance Services, a national membership alliance for independent insurance agencies specialized in property and casualty insurance, has announced that two independent insurance agencies joined its...
Iowa’s BrokerTech Ventures Adds 5 New Agency Partners, Names Hatten as COO
Mar 10 2020 // BrokerTech Ventures (BTV), the Des Moines, Iowa-based broker-led investor group and accelerator program, has added five new investor partners/sponsors, including Heffernan Insurance Brokers Inc., The Horton Group, Inc.,...
Reuters: Aon Alleges Fraud in $300M Brazilian Deal with Broker Admix
Mar 10 2020 // British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal,...
Auto Insurer Windhaven National Ordered Into Liquidation by Texas Court
Mar 9 2020 // Texas-based private passenger auto insurer Windhaven National Insurance Co. (WNIC), a subsidiary of Windhaven Insurance, has been ordered into liquidation at the request of the Texas Department of Insurance, which was...
Professional Insurance Agents of Connecticut Elects Prast as President
Mar 9 2020 // The Professional Insurance Agents of Connecticut Inc. has elected Gerard Prast of Wallingford, Conn., as president at the association’s Annual Convention, held March 5-6 at Foxwoods Resort Casino in Mashantucket,...
What Small Business Wants
Mar 9 2020 // Small business doesn’t mean small-in-size when it comes to the commercial insurance market. Direct written premiums ranged between $99 billion and $103 billion in 2013, up from $91 billion in 2011, according to...
Windhaven Insurance Ceasing Operations; Texas Placing Windhaven National into Receivership
Mar 9 2020 // Auto and home insurer Windhaven Insurance has alerted its agents and employees that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and The Hearth...
Wholesale Broker H.W. Kaufman Finalizes Purchase of UK’s Barbican Protect
Mar 4 2020 // H.W. Kaufman Group announced the closing of its acquisition of Barbican Protect Ltd., effective March 3. Barbican Protect, an MGA that specializes in commercial property, casualty, financial lines and marine across the...
