Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Kentucky Agencies Peel & Holland, Riddle Insurance & Subsidiary R. Barga Finalize Merger
Jan 30 2020 // Peel & Holland Insurance has merged with Riddle Insurance of Madisonville, Ky., and its subsidiary, R. Barga and Company Insurance of Benton, Ky. The companies provide business property and casualty insurance, surety...
Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs
Jan 30 2020 // Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that focuses on delegated authorities. This move will see the two combine their...
Aadvantage Insurance Group Adds Fricke as Sales Agent
Jan 29 2020 // Randy Fricke has joined AAdvantage Insurance Group in Glen Carbon, Ill., as a sales agent, responsible for generating prospects, developing new relationships, handling existing accounts, and creating custom insurance plans...
The Hilb Group Acquires Massachusetts’ Group Brokerage Insurance Agency
Jan 29 2020 // The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group...
Embattled Tennessee Insurance Agent Fined $23K by State Regulator
Jan 29 2020 // A former Tennessee insurance agent facing more than 70 counts of insurance fraud has reached a settlement with the Tennessee Department of Commerce & Insurance (TDCI) barring her from practicing insurance activities in...
Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker
Jan 29 2020 // Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform,...
First Acceptance, IBI Offer Specialty Auto Program to Indiana Agents
Jan 28 2020 // First Acceptance Corp., a specialty auto insurance carrier with retail locations in 15 states, and Greenwood, Indiana-based Insurance Brokers Inc. (IBI) have made Acceptance auto insurance available to Indiana independent...
Georgia Insurance Dept. Touts 2019 Work for Consumers, Agents
Jan 28 2020 // The Georgia Department of Insurance’s multiple enforcement divisions worked on behalf of insurance consumers to combat fraud, return insurance premiums, and approve insurance licenses in 2019, according to a...
50% Off
Jan 27 2020 // Let me preface this by saying that we work with dozens of dedicated, talented advertising agencies every year. Those that ask the tough questions. Those that review our audit statement. This is not about those agencies. We...
Worldwide Facilities Names Carrillo Assistant Vice President in California
Jan 27 2020 // Worldwide Facilities has named Juliet Carrillo assistant vice president and broker in the Los Angeles, Calif., property department. Carrillo has worked as both an underwriter and surplus lines broker in her 30-year...
How Parametric Insurance Can Help Fill the Gap Where Traditional Insurance Falls Short
Jan 27 2020 // Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout...
The Battle Over Agency Data
Jan 27 2020 // New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect their data from unfettered use by third-party vendors. The NAIC Insurance Data Security Model...
Why Traditional Independent Agents, Carriers Need to Partner and Align Now More Than Ever
Jan 27 2020 // Agencies and carriers need to align now more than ever. I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
New Year’s Resolution: Helping Policyholders Get in Shape for the New Year
Jan 27 2020 // As individuals, one way that we resolve to get in shape for the new year is by signing up for gym memberships and fitness classes. In that spirit, agents and brokers should resolve to help their policyholders get their...
California Clears Way for Those with Cannabis Convictions to Get Insurance Licenses
Jan 24 2020 // California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license. Lara announced the California Department of Insurance will use...
How Broker Specialization Will Revolutionize Customer Experience: Viewpoint
Jan 23 2020 // In today’s landscape, forward-thinking agencies and brokers should avoid taking a one-size-fits-all approach by only targeting the general insurance market. The market is heading toward specialization, and the next...
The Hilb Group Acquires New York’s BR Vital Brokerage
Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property...
Ratings Agencies Disagree Over Financial Strength of Florida Family Insurance Co.
Jan 23 2020 // The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer....
J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP
Jan 23 2020 // J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale of its French loan insurance broker Financiere CEP, according to people familiar with...
State of Insurance Agency E&O Insurance Market: Managing Rates and Risks
Jan 23 2020 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
