Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Financial Trade Group, Stock Exchanges Resolve Broker Liability Database Dispute
May 14 2020 // A financial industry trade group said on Wednesday it resolved a dispute with U.S. stock exchanges that had threatened to hold brokers liable for any breaches of a new trading database controlled by the exchanges and the...
RBS Risk Manager Gets Day in U.S. Court Seeking Whistleblower Payout
May 13 2020 // The U.S. Second Circuit Appeals Court on Tuesday considered arguments by an ex-Royal Bank of Scotland employee who is suing the U.S. Justice Department and Securities and Exchange Commission for a bounty he says he is owed...
Florida Extends Order Allowing Agency Reps to Work Remotely During Health Emergency
May 13 2020 // Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least July 7. A directive issued by Florida CFO Jimmy Patronis that allows...
SIAA Reports Strong First Quarter and Anticipates Continued Growth
May 13 2020 // Hampton, NH, May 13, 2020: SIAA (Strategic Insurance Agency Alliance, Inc.), the largest independent insurance alliance in the United States, reported strong growth in the first quarter of 2020, signing new members at a...
Texas: Sponsors Have Responsibilities for Temporary Agent, Adjuster Licenses
May 12 2020 // The Texas Department of Insurance in Commissioner’s Bulletin No. B-0026-20 reminds insurers, agents, agencies, and adjusters of their responsibilities for temporary agent and emergency adjuster applicants and...
DeCotis Specialty Insurance Hires Bergstrom as a Broker Based in Rhode Island
May 12 2020 // DeCotis Specialty Insurance has hired Jessica Bergstrom as a broker based in its Providence, R.I., office. Bergstrom has more than 20 years of experience as an underwriter in both standard and surplus lines markets. In her...
EC3 Brokers Launches Casualty and Cyber Specialty Division
May 12 2020 // EC3 Brokers announced the launch of its specialty division, with the appointment of Jonathon Lane as head of the division. Lane is joined by Dominic Toogood and Gary Moore. All three joined on May 1 and initially will...
CyberCube Launches Cyber Analytics Product for Broker Market
May 11 2020 // Cyber risk analytics specialist CyberCube has launched a new software-as-a-service application designed specifically for insurance brokers called “Broking Manager.” “Broking Manager” facilitates...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...
Michigan’s High Street Insurance Partners Acquires Three New Agencies
May 8 2020 // Traverse City, Michigan-based High Street Insurance Partners (High Street), has acquired three additional agencies — two in Michigan and one in New York. These new agency partners are: Trust Shield Insurance Group (TSIG)...
Young Brokerage Founder Seeks to Target ‘Underserved’ High Net Worth Space
May 8 2020 // As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth...
Opinion: What If Public Employees Could Sue Government Over Covid-19?
May 7 2020 // Suppose you’re working in an essential industry and your employer hasn’t provided you with adequate personal protective equipment. Maybe you say to yourself, “Okay, there’s a shortage, they’re...
MGA Platform OneAdvent Buys Property MGA Modus from CFC Underwriting
May 6 2020 // OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on providing niche property insurance products to brokers across the...
Transparency Is Key for Insurance Agents Handling Coronavirus Claims
May 6 2020 // Business interruption insurance has been a much-debated topic during the coronavirus crisis, with some businesses already pushing back against virus-related claim denials. In several cities, groups of businesses have filed...
Crane Named CEO of Specialist Re/insurance Broker THB Group
May 5 2020 // THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor...
Nursing Home Insurance Market In Need of Care
May 4 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 20%, or 11,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a...
Extra Care: Brokers, Carriers Trying to Help
May 4 2020 // Nursing home insurance specialists say that they are doing whatever they can to help their insureds during this trying time, either by sending out information from the CDC, answering questions, aiding with documentation,...
Texas Insurance Commissioner: Modernization Efforts Paying Off During Pandemic
May 4 2020 // The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on...
Florida to Grant Temporary Agent Licenses Amid Testing Freeze
May 4 2020 // The Florida Division of Agent and Agency Services will resume its ability to begin processing insurance agent licenses despite the closure of testing centers around the state, under a directive from Florida CFO Jimmy...
Fisher Brown Bottrell Insurance Acquires 2 Southeast-Based Agencies
May 2 2020 // Fisher Brown Bottrell Insurance, Inc., an independent insurance agency and subsidiary of Trustmark National Bank, has acquired Boyles Moak Insurance Services and Creative Benefit Solutions. Founded in 1893 and...
