Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Why Insurance Marketing Reps Are Still Worth the Money
Mar 5 2019 // Here we go again — another cycle for having marketing representatives, or not. Let’s talk about the way it was and the way it is now. Actually, what was and what is now is basically the same as far as what a...
Former Washington Agent Jailed for Stealing Premiums
Mar 4 2019 // Donald W. Morgan, 67, of Bingen, Wash., pleaded guilty in Snohomish County Superior Court to a felony count of first-degree theft involving his former customers’ insurance premiums. He is serving 30 days in the...
Insurance Agencies’ Profitability Fell But Organic Growth Continued in 2018: Reagan
Mar 4 2019 // Independent insurance agencies just closed the books on a year in which profitability fell slightly but they continued to grow organically and each major line of business grew, according to the latest survey from Reagan...
The Power of Trust and the Value of an E&O Audit
Mar 4 2019 // I have been completing E&O audits for almost 25 years now. My first experience was one of the oddest because my trainer had me watch him complete 1.5 audits. Halfway through the second audit, he turned it over to me...
Virginia Honors Independent Agents for Efforts to Fill Flood Insurance Gaps
Mar 4 2019 // The Virginia House of Delegates passed a joint resolution that would designate the first full week in March each year as Trusted Choice Independent Insurance Agents Week beginning in 2019. HJ 703, introduced by Del. Buddy...
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Mar 4 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
California Insurance Agents Arrested for Stealing from Clients
Mar 1 2019 // Investigations by the California Department of Insurance led to the arrests of insurance agents who allegedly stole tens of thousands of dollars from clients and failed to place insurance coverage for those clients. Maria...
PIA Makes Cyber Product Available for Agents to Sell to Small Business Clients
Feb 28 2019 // The National Association of Professional Insurance Agents (PIA National) has given its members a cyber insurance product to sell to their small and mid-sized businesses clients. PIA and ABA Insurance Services (ABAIS) have...
TDI: Former Texas Insurance Agent Who Faked Cancer Claims Sentenced
Feb 27 2019 // A Plano, Texas, woman pleaded guilty to insurance fraud for faking cancer claims to get more than $300,000 in insurance payments over two years, the Texas Department of Insurance announced. Karissa White Coleman, a former...
What Young Insurance Agents Earn, Think and Say
Feb 27 2019 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
JPMorgan Found Not Responsible for Broker’s Suicide
Feb 27 2019 // A federal judge in Manhattan on Tuesday dismissed a wrongful death lawsuit against JPMorgan Chase & Co. by the estate of a former top broker, who it said committed suicide after being forced into retirement. U.S....
Agents, Brokers and the Future of Insurance Distribution
Feb 26 2019 // A funny thing is happening on the way to the future. As consumers’ and carriers’ behaviors, attitudes and expectations have been changing, independent agents are evolving to better serve both customers and...
Former California Insurance Agent Allegedly Faked Workers’ Comp Insurance
Feb 25 2019 // Former California licensed insurance agent, Alan Amir Yousefi, 31, was charged with 10 felony counts including grand theft, insurance fraud and forgery, for allegedly stealing more than $105,000 in insurance premiums from...
Unlicensed California Agent Allegedly Steals $174K in Premiums
Feb 25 2019 // Connie Free, 34, of Moreno Valley, Calif., is scheduled to be arraigned today on 18 felony counts including grand theft and forgery after allegedly stealing at least $174,000 in insurance premiums from seven different...
New Investor Property Insurance Program Webinar to be Held Thursday, February 28
Feb 25 2019 // Atlanta, GA, February 25, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property group will be presenting an informational webinar on a new investor property...
Houston Insurance Broker Launches Online Tool to Connect Agents, Customers
Feb 21 2019 // Houston-based insurance broker, Frank Medina, has launched Insurance Agent Near Me, an online tool that connects customers with reputable insurance agents in their vicinity. Insurance Agent Near Me lists all the major...
Private Equity Firm GTCR Returns to Take Majority Stake in AssuredPartners
Feb 21 2019 // Apax VIII, a fund advised by Apax Partners, has agreed to sell its entire stake in AssuredPartners, a growing U.S. insurance brokerage, to an investor group led by GTCR, a Chicago-based private equity firm. GTCR previously...
Global Broking Network Brokerslink Appoints Gavriel as European Regional Manager
Feb 21 2019 // Global broking network Brokerslink has appointed Christos Gavriel to the role of regional manager for Europe. Gavriel has a strong background in insurance having previously held various international roles at AIG before...
UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior
Feb 20 2019 // Britain’s wholesale insurance brokers got a clean bill of health from the markets watchdog on Wednesday, providing some relief for an industry already spending millions of pounds on Brexit. London’s insurance...
Maine’s BroGue Insurance & Financial Services Promotes Kinney, Hires Cole
Feb 19 2019 // BroGue Insurance & Financial Services has promoted Heather Kinney to agency manager and hired Derek Cole. Kinney began her insurance career in 1990 and has been a licensed agent since 1999, with experience in both...
