Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Newly-Launched CAC Specialty Combines Insurance Brokerage with Investment Banking
Aug 26 2019 // Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large...
Canada Broker Westland Insurance Buys First West Insurance Services
Aug 26 2019 // Canadian broker Westland Insurance Group Ltd. announced the acquisition of First West Insurance Services, a subsidiary of First West Credit Union, effective Sept. 30, 2019. Financial details of the transaction were not...
Broker Not Liable for Late Notice that Cost Illinois Client $1.34M
Aug 23 2019 // An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the...
Crying Robots Aside, Insurance Industry Shouldn’t Fear Artificial Intelligence: Viewpoint
Aug 22 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...
Penn. Insurance Department Announces Restitution for Consumers in Annuity Scam
Aug 21 2019 // Pennsylvania Insurance Commissioner Jessica Altman said her department has gotten more than $117,000 in restitution for 25 Pennsylvania consumers victimized in a major annuity scam. “I am pleased we were able to...
Best Agencies to Work For Award Nominations Open. Submit Today!
Aug 19 2019 // Do you love your agency? Is your agency a Best Place to Work? Then don’t wait – nominate your agency today as a “Best Agency to Work For” in 2019. You must be a current employee of the agency you...
Underwriters Get Picky and Other Trends in Construction Insurance
Aug 19 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
Illinois Insurance Agents Group Launches New Pre-Licensing Program
Aug 19 2019 // The Illinois Insurance Pre-Licensing Program, an education training program operated by the Independent Insurance Agents of Illinois (IIA of IL), is now available for Illinois professionals looking to enter the insurance...
Why Agencies Shouldn’t Be Afraid of Insurtech and Need to Adopt It – Now
Aug 19 2019 // There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners trying to decipher what is relevant to them, how to implement these products and...
How Intellectual Property Compares with Cyber
Aug 19 2019 // Intellectual property (IP) is an area of risk that is underinsured and one that presents interesting opportunities for agents and brokers, according to Erik Alsegard, Intellectual Property practice leader for CFC...
Miller Insurance Principal Agent Says Insurance is a Fulfilling Career
Aug 19 2019 // Miller Insurance Principal Agent Christopher Miller says he has found a lot of fulfillment working in the insurance industry and now aims to pass that sense of fulfillment along to others through his work. “Life...
Agency Management 101
Aug 19 2019 // When it comes to business management, there are “best practices, “bad practices” and then there is “what works for the business at the time.” Every business has its unique characteristics due...
101 Sales & Marketing Ideas For Agencies
Aug 19 2019 // 1. Quality Sales Managers. Invest in a quality sales manager who knows how to motivate and guide members to their goals. 2. Transcribe with AI. Otter.ai is a platform that allows — through the website or mobile app...
Why the High Net Worth Client Needs More than Just an Agent
Aug 19 2019 // What exactly is a high net worth client, also known as a “private client?” According to Investopedia.com, a high net worth individual is an individual or family with liquid assets above a certain figure. Many...
California’s $27.6M Fine Against Mercury Insurance Remains After Court Action
Aug 16 2019 // California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co. for improperly tacking fees onto auto insurance policies will stand. The California...
Two Florida Independent Agencies Join Renaissance Alliance Insurance Services
Aug 16 2019 // Renaissance Alliance Insurance Services, a membership alliance for independent insurance agencies, has announced that two Miami, Fla.-based independent insurance agencies have recently joined the Alliance. Gil &...
Insurance Broker, Assurance, Relocates Illinois Headquarters
Aug 16 2019 // Citing a 15-year organic growth trajectory and commitment to an engaging and collaborative employee culture, the national insurance brokerage, Assurance, announced it has moved its headquarters down the street to a new...
TDI to Agents, TPAs: Strict Liability Applies to Sales of Unauthorized Insurance
Aug 15 2019 // The Texas Department of Insurance is reminding all insurance agents and third party administrators (TPAs) that their licenses may be at risk and that they may be held responsible for assisting a company that is engaging in...
Breckenridge Insurance Services Hires Professional Liability Broker George Boldarini
Aug 15 2019 // Atlanta, GA, August 15, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of George Boldarini, RPLU, AU, vice president, broker, professional liability. Boldarini has nearly 20 years of insurance...
RSG MGA EmergIn Risk Enhances Agent, Broker E&O Program
Aug 8 2019 // EmergIn Risk, part of the Ryan Specialty Group family and a division of RSG Underwriting Managers, has expanded its insurance agents and brokers professional liability program, [In]fuse to include new coverage and less...
