Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
XL Catlin Enhances Aviation Insurance Online Platform
Feb 7 2018 // XL Catlin has enhanced its online P&B aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers. According to Eric Donofrio, North America regional manager of XL Catlin’s...
Digital Commercial Insurance Broker Platform Indio Raises $6 Million
Feb 6 2018 // Indio Technologies, a digitized commercial insurance platform for agents and brokers, said it has raised $6 million in Series A financing, led by 8VC, to expand the capabilities of Indio’s digital platform and...
gotoPremiumFinance and Jetfile Answer the Demand for Instant, Paperless Insurance Billing
Feb 6 2018 // Woodland Hills, CA, February 6, 2018- gotoPremiumFinance and Jetfile Technologies, Inc. are pleased to announce the formation of a partnership that will provide the first integrated and completely paperless point-of-sale...
Alabama Supreme Court Rejects Concert Injury Suit Against Booking Agent
Feb 6 2018 // The Alabama Supreme Court says a man can’t go forward with his lawsuit against a company involved in booking a death metal concert where he was injured. The justices on Friday blocked a lawsuit against the Los...
The Hartford Adds Employee Benefits, E&S Options to Small Business Online Quote System
Feb 5 2018 // The Hartford has enhanced ICON, its online quoting system for agents and brokers, to include access to quote employee benefits as well as excess and surplus (E&S) coverage for their small business customers. Employee...
Hub International Caught Up in $42M Lawsuit by South Carolina School District
Feb 5 2018 // A South Carolina school district has sued an insurance brokerage and several insurance companies, saying the district was sold excessive policies and charged too much. The Berkeley County School District filed suit in U.S....
Still an Uphill Climb for Commercial Auto Market
Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...
The Competitive Advantage: The Value of an Employee Handbook
Feb 5 2018 // Most small agencies, and quite a few middle-to-large agencies, lack a current employee handbook or at least one of quality. Honestly, day-to-day, an employee handbook really is not that important, especially with just a...
Compliance or Opportunity? Understanding Cyber Security in Health and Human Services Sector
Feb 5 2018 // If you live outside of New York State and haven’t heard of the New York State Department of Financial Services 23 NYCRR Part 500 (DFS 500), you should pay very close attention. Earlier this year, New York implemented...
2017 Yields Highest Recorded Number of Announced Deals: MarshBerry
Feb 5 2018 // The number of announced U.S. insurance broker deals in 2017 was the highest in recorded history, at 536. This year also had the highest number of deals closed in the fourth quarter since 2012 (when the capital gain tax...
Insurance Agency M&As Soared 31% in 2017: OPTIS
Feb 5 2018 // Mergers and acquisitions of insurance agencies last year broke all records in 2017, according to OPTIS Partners’ annual report. The OPTIS database recorded 604 deals in the United States and Canada in 2017, a 31...
Why Independent Agents Remain Alive and Well
Feb 5 2018 // When I began my career as a journalist covering the insurance industry back in 1981, many of my early stories reported on dire warnings in a series of studies and expert pronouncements predicting the imminent demise of the...
Bringing the Next Generation into the Fold
Feb 5 2018 // Time and again, I hear that our industry lacks young talent. I read that millennials are entitled, and I watch people characterize insurance agencies as dull. I beg to differ with it all. I wasn’t always as...
People
Feb 5 2018 // CAL Insurance & Associates Inc. has added Elian Boukhalil as an account manager. Boukhalil will work within CAL’s affluent families division. She was previously an intern with Publiscreen Online. Before that she...
People
Feb 5 2018 // Strategic Insurance Agency Alliance (SIAA), a Hampton, N.H.-based alliance of independent insurance agencies in the U.S., has hired Lizah Carey as a business insurance development specialist for its Business Insurance...
Smart Choice Network Added 1,160 Agencies in 2017
Feb 1 2018 // While insurance agency mergers and acquisitions soared by more than 30 percent in 2017, so did agency partnerships for one nationwide network. Smart Choice, a national network of insurance agencies, reports it grew by...
Worldwide Broker Network Names Gambonini as Global P/C Consultant
Jan 31 2018 // The Worldwide Broker Network (WBN) announced the appointment of Antoinette “Toni” Gambonini as global property & casualty consultant. In this role, Gambonini will work with WBN member companies on six...
ARC, FAIA to Offer Parametric StormPeace Coverage to Florida Member Agents
Jan 31 2018 // The Florida Association of Insurance Agents (FAIA) and Assured Risk Cover (ARC) have formed an agreement that grants FAIA member agents access to the StormPeace parametric insurance product that pays out-of-pocket expenses...
China Seeks to Broker Sale of a Stake in Anbang Insurance: Sources
Jan 30 2018 // China’s government, which has been probing alleged financial wrongdoing at Anbang Insurance Group Co., is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said. Central Huijin...
Chubb Launches Agency Management & Agency Underwriting Unit in Singapore
Jan 29 2018 // Chubb announced the launch of a new Agency Management and Underwriting unit in Singapore. This dedicated unit will manage the strategic growth of the agency distribution channel as well as its specific underwriting and...
