Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Buys Swedish Broker Proinova
Oct 14 2019 // Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in...
Vaping-Related Illnesses Could be Due to Multiple Causes: U.S. Health Agencies
Oct 11 2019 // U.S. health officials said on Friday there may be more than one cause to the outbreak of the mysterious lung illness linked to e-cigarette use and said they do not see a meaningful drop in new cases. As of Tuesday, 1,299...
What Agents Should Know Before Joining an Insurance Agency Network
Oct 11 2019 // Today is a great time to be an independent agent, but running an independent agency is not easy. Without an awareness of how the industry is evolving, and having access to ongoing training and education, you may not be...
Vermont Insurance Agents Association Elects Alan Kinney as President
Oct 11 2019 // Alan K. Kinney III, principal at Kinney Insurance Agency in St. Albans, Vermont, was recently elected president of the Vermont Insurance Agents Association (VIAA). Within Kinney Insurance Agency, Kinney leads the...
Illinois Agents Group Taps Valley Insurance Agency Alliance Members for Top Awards
Oct 9 2019 // Independent Insurance Agents of Illinois (IIA of IL) has named Eclipse Insurance Agency of Du Quoin, Illinois, as its 2019 Insurance Agency of the Year. Keenan Rice, owner of Eclipse Insurance Agency, was named the 2019...
Krol Promoted to Assistant Brokerage Underwriter at Michigan’s J.M. Wilson
Oct 9 2019 // J.M. Wilson in Portage, Michigan, has promoted Stevii Krol to assistant brokerage underwriter. Krol is responsible for quoting new and renewal brokerage and professional accounts, setting up and binding policies, assisting...
Hub International Acquires Canadian Broker PDF Financial Group
Oct 9 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc. Terms of the transaction were not disclosed. Based in Toronto, Ontario, Canada, PDF is an independent...
XS Brokers Makes 4 Hires to Atlanta Office; Johnson Named VP
Oct 9 2019 // XS Brokers (XSB), an independent insurance underwriting and wholesale brokerage group, is continuing its expansion in the Southeast region with the hiring of Brent Johnson as VP and Carrie Sheen as AVP, CIC. XSB has also...
How The Hanover Is Investing in Digital Tools for Agents, Customers
Oct 8 2019 // As insurers embrace insurtech in multiple ways, The Hanover Insurance Group’s Richard Lavey offers some advice: Not everything works as initially envisioned, and that’s OK. “‘If you build it, they...
World Broker Network Adds CEO of Hong Kong-Based Pacific Prime to Board
Oct 8 2019 // Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a board member. Founded in 1999, Hong Kong-based Pacific Prime serves more than 4,000 corporate...
State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage
Oct 7 2019 // Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable to establish a viable...
America’s Best Agencies to Work For
Oct 7 2019 // The votes were tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees of the Best Agencies to Work For in 2019 highlight the importance of...
Blending Generations: Why Millennials, and the Industry, Must Bridge the Gap
Oct 7 2019 // Workplaces everywhere are becoming more flexible. People now work irregular hours, work from home, work out of state and even across oceans. This phenomenon is no surprise given the influx of new technology. The large...
How Emerging Risks for Medical Device Manufacturers Create Opportunities for Agents
Oct 7 2019 // The medical device industry is an expanding market with significant growth forecasted over the next decade. According to KPMG data, global predictions reveal the life sciences sector will grow by more than 5% per year,...
Iowa’s BrokerTech Ventures Adds Four New Investment Partners
Oct 4 2019 // Des Moines, Iowa-based BrokerTech Ventures, a broker-led investor group and accelerator program, is has added four new investor partners, including Assurance, Graham Company, InterWest Insurance Services, and Hylant...
Insurers, Tech Firms Scramble to Keep Up With Cyber Risks
Oct 4 2019 // Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks continues to hold them back,...
High Hopes, Higher Hurdles for Pro-Cannabis SAFE Banking Act
Oct 3 2019 // Regardless of the odds facing a bill designed to enable regular banking and financial services for cannabis business, some experts are encouraged by passage through the House of something that would greatly benefit the...
Mercury Paying $41M in Decades-Long Court Battle With California Insurance Department
Oct 2 2019 // Mercury Insurance Co. has agreed to pay more than $41 million to end a two-decade long battle with the California Department of Insurance battle over the Los Angeles-based carrier improperly tacking fees onto auto...
Stoutenburgh Joins EPIC Insurance Brokers in Dallas
Oct 2 2019 // EPIC Insurance Brokers and Consultants has added Pam Stoutenburgh as a principal in the firm’s property/casualty operations. She is based in Dallas. Stoutenburgh reports to EPIC Managing Principal and Director of the...
Former California Insurance Agent Arrested for Grand Theft
Sep 30 2019 // Ex-insurance agent Yolanda De La Torre, 35, of Whittier, Calif., was arrested on Friday on one felony count of grand theft and one felony count of identity theft after allegedly collecting over $13,000 in insurance...
