Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

American Family Appeals Agent/Employee Classification Ruling

Aug 20 2018 // A federal appeals court in Ohio on July 31 heard arguments by opposing attorneys in a class action dispute over whether agents working for an insurance carrier on an exclusive basis should be classified as independent...

People

Aug 20 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...

New Louisiana Law Allows Insurance Agencies to Employ Convicted Felons

Aug 20 2018 // A law that went into effect on Aug. 1 in Louisiana allows insurance producers to employ convicted felons if the producer obtains permission or consent in writing from the state insurance commissioner. The Louisiana...

People

Aug 20 2018 // EPIC Insurance Brokers & Consultants, a retail property and casualty and employee benefits insurance brokerage and consulting firm, has announced that Lou D’Agostino and his Iron Cove Partners team have joined...

People

Aug 20 2018 // AssuredPartners, Inc. has promoted Joe Guercio to executive vice president of Operations, with a focus on EBITDA growth through managing its branch offices, the integration of new acquisitions, operational efficiencies...

IRS Proposals Clear Way for Trump Tax Cut for Insurance Brokers

Aug 20 2018 // The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum of small businesses,...

101 Sales & Marketing Ideas for Agencies

Aug 20 2018 // 1. RTSP! Read the Stinkin’ Policy! Don’t guess about coverage. Your prospects and clients depend upon you and your knowledge. When in doubt…read the stinkin’ policy! Too often agents rely upon what...

When Small Business Needs Specialty Insurance

Aug 20 2018 // Small business used to be associated with small exposures — simple business risks addressed with simple insurance products. However, changing customer needs and expectations, technology advancements, new regulations...

Why Profit Center Accounting Is Important

Aug 20 2018 // Is personal lines costing the agency money? How profitable is that new program business? What would happen to the bottom line if employee benefits sales increased by 25 percent? When is it time to hire a new employee for...

Getting Personal in Today’s High Net Worth Market: PURE Group

Aug 20 2018 // The personal lines market gets very personal in the high net worth segment, according to one of the market leaders. PURE Group of Insurance Companies’ Chief Claims Officer Michael Taylor says that to excel in this...

Broker Protean Risk Taps Marsh’s Sargeaunt as Director of Fintech, Payment Services

Aug 17 2018 // Protean Risk, the London-based specialist Lloyd’s broker for asset management, financial services and technology firms, has appointed Tristan Sargeaunt as director of Fintech and Payment Services, where he will...

The Liberty Company Insurance Brokers Acquires Majority Ownership of Mitchell & Mitchell Insurance Agency

Aug 17 2018 // Woodland Hills, CA, August 17, 2018 – The Liberty Company Insurance Brokers, based in Woodland Hills with offices throughout California, is proud to announce its newest partnership with Mitchell & Mitchell Insurance...

FBI: Lower Mississippi River Ports, South Louisiana Vulnerable to Cyber Threats

Aug 16 2018 // Giant cranes loading and unloading gargantuan barges. Oil tankers, supply vessels and pipelines serving a vital energy industry. Flood control structures. Chemical plants. Cruise ships. Drinking water sources. All...

New Florida Insurtech Agency HoneyQuote Looks to Shake-Up Agency Model

Aug 16 2018 // A new insurtech agency has entered the Florida homeowners market space with a rating engine offering quotes from multiple domestic carriers and the ability to purchase coverage in one transaction. HoneyQuote.com, launching...

Former Illinois Insurance Broker Sentenced to Prison, Must Repay Nearly $1M

Aug 15 2018 // The former owner of multiple property/casualty insurance operations in northern Illinois has been sentenced to more than four years in prison and ordered to pay nearly $1 million in restitution for insurance fraud. U.S....

Young Insurance Agents Taking the Lead in Digital Marketing

Aug 15 2018 // Thousands of discussions, debates and arguments are taking place in agency offices across the country between principals and ambitious young producers about the role of digital marketing. There are also more than a few...

The Professional Insurance Agents of New Jersey Names Monacelli PIA National Director

Aug 15 2018 // The Professional Insurance Agents of New Jersey has named Paul Monacelli as its PIA national director. Monacelli is CEO of ADP/Statewide Insurance Agencies Inc. in Florham Park, N.J. With more than four decades of...

Capsicum Re’s Cyber Team Taps Paragon’s Goring as Broker, BMS’ Naidu as Wordings Director

Aug 15 2018 // Capsicum Re, the London-based specialist reinsurance broker, announced two new hires to its cyber division. Jasper Goring joins as a cyber broker and Prab Naidu was appointed as wordings director, both with immediate...

How Agent and Carrier Relationships Are Changing in a Customer-Centric World

Aug 14 2018 // Auto insurance shoppers are placing a greater importance on having more services provided to them today versus five years ago, underscoring the fact that shoppers are increasingly demanding more product options and more...

The Lowdown: Google My Business – Are You Actively Managing Your Listing?

Aug 13 2018 // In this edition of the Lowdown, I’m sharing insights about Google My Business and a new paper hosted on Research & Trends, Local Organic Marketing: How P&C Davids Can Beat Goliath. In his paper,...