Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Florida Passes ‘Catch All’ Insurance Bill Impacting Surplus Lines, Catastrophe Fund
May 13 2019 // A Florida bill that the insurance industry says will help modernize the state’s surplus lines system, as well as impact property insurer contracts under the Florida Hurricane Catastrophe Fund and reduce “bad...
Unlicensed Insurance Agent in California Gets Jail Time for Theft
May 13 2019 // An unlicensed insurance agent in California has been sentenced in Fresno County Superior Court to 95 days in jail and five years of probation after pleading no contest to grand theft, the state insurance department...
AFL Insurance Brokers Promotes Bines as UK CEO
May 10 2019 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the appointment of Jonathan Bines as CEO of AFL UK, effective June 1, 2019. His appointment is part of the company’s strategic plan to gear up for...
Shootout with California Insurance Department Yet Another Headache for the NRA
May 10 2019 // Controversy has swirled around the National Rifle Association of late. Infighting that led to the ouster of Oliver North as the group’s president, its tenuous financial landscape and an investigation launched by the...
Hub International Acquires Saskatchewan-Based Kelliher Agencies
May 9 2019 // Hub International Ltd., the Chicago-based global insurance broker, announced it has acquired the assets of Kelliher Agencies, headquartered in Kelliher, Saskatchewan, Canada. Terms of the transaction were not...
Starr Adds SkyWatch Drone Insurance to Broker Platform
May 9 2019 // Starr Insurance Companies and SkyWatch Ltd. have expanded the SkyWatch.AI drone insurance program to allow drone operators to purchase insurance from Starr through a SkyWatch.AI link, which will be available on select...
Progressive Rolls Out Small Business Insurance Comparison Quoting Platform
May 8 2019 // Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer’s new online BusinessQuote Explorer (BQX) delivers...
Hub International Limited Acquires Assets of RIMS Insurance Brokerage Corporation
May 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of RIMS Insurance Brokerage Corporation. Located in Providence, R.I., RIMS Insurance Brokerage Corporation has offered medical...
Ihling Promoted to Executive Brokerage Underwriter at J.M. Wilson
May 7 2019 // Managing general agency and surplus lines broker J.M. Wilson has promoted Sherry Ihling to executive brokerage underwriter in its Portage, Michigan, office. Ihling is responsible for underwriting new and renewal accounts...
Founder of London-Based Broker H.W. Wood Ltd. Dies
May 7 2019 // Hugh W. Wood, chairman and founder of HW International, the London-based broker, died peacefully on April 26, 2019, at the age of 75. Wood founded the HW International Group in 1982 and expanded the brokerage to offices in...
MyNewMarkets.com Upgrades With New Agent Features, Enhanced Search
May 7 2019 // MyNewMarkets.com today unveiled a redesign with new features for both agents hunting for insurance markets and providers offering solutions. The site, first launched in 2007, is now the leading search engine helping...
Risk Services – Leavitt Insurance Agencies Opening New Texas Location
May 6 2019 // The Leavitt Group’s Risk Services – Leavitt Insurance Agencies (RSL) is opening a new location in Corpus Christi, Texas, and a group of the company’s employees are transferring from a sister agency to...
Breckenridge Insurance Group Names Trevor Pierce and Tim Anders to Leadership Positions
May 6 2019 // Atlanta, GA, May 6, 2019 — Breckenridge Insurance Group announced two senior leadership positions at the wholesale insurance organization. Trevor Piece has been promoted to division president for the Breckenridge...
Insurance Agency Management System Tech Firm Veruna Raises $6 Million
May 6 2019 // Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a...
JLT Re’s Chandler Joins Reinsurance Broker BMS as U.S. Operations President
May 6 2019 // Reinsurance broker BMS Group has named Pete Chandler as president of its U.S. reinsurance operations. Chandler joins from JLT Re, where he was deputy CEO of the U.S. reinsurance broking arm of the group. He joined JLT Re...
A Case for Updated Insurance Licensing Exemption Regulations
May 6 2019 // Harken back to 2002 — a time when iPhones, Android phones, even Blackberries, had yet to be introduced. Facebook, Twitter and YouTube were years away from their debuts, and streaming content on Netflix was still a...
People
May 6 2019 // National Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new...
Resolving Insurance Coverage and Claims Disputes: Advocacy
May 6 2019 // In the past two columns, we’ve examined the importance and value of avoiding or preventing claim denials so we don’t have to deal with resolving them, especially with the specter of litigation hovering over us....
Expanding Medical Urgent Care Market Offers Opportunities for Agents
May 6 2019 // Over the past decade, urgent care facilities have emerged as popular, convenient and cost-effective alternatives to primary care physicians and hospital emergency rooms. The number of urgent care facilities in the United...
The Need for Agents (to Do Their Jobs)
May 6 2019 // I received a nice notice from my commercial GL carrier advising the coverages at renewal would materially change. Admitted carriers have to provide such notices (E&O point: exceptions to this rule do exist, even for...
