Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Fake Arkansas Insurance Broker Sentenced to 5 Years in Prison
Jun 19 2017 // An Arkansas man who pretended to be an insurance broker and collected more than $1 million selling fake policies in three states has been sentenced to more than five years in prison, the Arkansas Insurance Department...
House Committee Advances 2 Flood Insurance Bills; More to Come
Jun 16 2017 // The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private insurance and move the program...
Blockchain Firm Bitfury Teams with Insurance Broker Risk Cooperative
Jun 16 2017 // Blockhain technology company The Bitfury Group said it is partnering with the Washington, D.C. insurance advisory and brokerage firm Risk Cooperative to pioneer blockchain applications in the $60 billion insurance...
New York Approves Workers’ Comp Renewal Notice Legislation
Jun 16 2017 // Final legislation has been approved in New York that aims to enable insurance agents to better serve workers’ compensation clients if signed into law by Governor Andrew Cuomo. The legislation was developed by the...
Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits
Jun 16 2017 // Some see insurtech as the enemy. Others see it as a sign of things to come. Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join...
Uber’s Plans for Trucking Industry Hit Detours
Jun 16 2017 // Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling...
Bynum Elected President of the Independent Insurance Agents of Georgia
Jun 16 2017 // Thad Bynum of Bynum Insurance Agency, a Trusted Choice agency in Clayton, Ga., was installed as president of the Independent Insurance Agents of Georgia (IIAGA), on June 10 during the association’s 120th annual...
House Panel Gets Down to Business on Flood Insurance Proposals
Jun 15 2017 // House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do. The...
Florida Court Rules Property Insurer Liable for Shortfall in Policy Benefits Promised by Agent
Jun 15 2017 // A Florida state Court of Appeal reversed the dismissal of a claim for negligent procurement of property insurance, because, when placing the coverage, the insurer’s agent failed to account for a reduction in...
In ‘Classic’ Soft Market Battle, Brokers and Carriers Attack Each Other
Jun 14 2017 // Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.” During a session...
Burand’s State of P/C Insurance Industry, Part 1: Agencies Facing Paradigm Shift
Jun 13 2017 // Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of the P&C Insurance Industry 2017. The whitepaper is available from Insurance Journal’s...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions
Jun 13 2017 // Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among the most active players in agency mergers and acquisitions, according to...
J.M. Wilson Acquires Assets from Klinger Associates in Indianapolis
Jun 12 2017 // J.M. Wilson has acquired assets from Klinger Associates Inc., an Indianapolis-based wholesale insurance broker. The acquisition will allow J.M. Wilson to increase its brokerage business. The J.M. Wilson brokerage...
Top 100 P/C Agency Submission Deadline Extended
Jun 12 2017 // Don’t miss out on your chance to become one of Insurance Journal’s Top 100 Independent Property/Casualty Agencies. Extended Deadline Now: June 19 Insurance Journal will publish its annual list of the Top 100...
Professional Insurance Agents of New Jersey Elects Renna as President
Jun 12 2017 // Kacy Campion Renna of Wall Township, N.J., was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting at Harrah’s Resort and Casino in Atlantic...
Miami Insurance Agent Accused of Stealing Nearly $25K From Clients
Jun 12 2017 // A Miami insurance agent accused of stealing insurance premium payments from a client and providing fake insurance documents has been arrested, according to a statement from Chief Financial Officer Jeff Atwater and...
Former Washington Insurance Agent Charged in Theft of Clients’ Money
Jun 9 2017 // A former insurance agent in Washington has been charged with stealing premiums from his clients. Levi Watson, 44, of Bothell, Wash., faces one count of first-degree theft and one count of money laundering, both...
Higginbotham Adds 2 Insurance Brokers in McAllen, Texas Office
Jun 9 2017 // Higginbotham has hired insurance brokers John Garcia and Jordan Lewis in its McAllen, Texas, office. Garcia was added as an associate of employee benefits and Lewis as an associate of business insurance. They join the...
Worldwide Facilities Adds Davis as Broker in Atlanta Office
Jun 9 2017 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has announced that Shavarra Davis will be joining its Atlanta office as a broker specializing in the healthcare industry. Davis brings...
InterWest in California Names Hoffman Marketing and Promotions Agent
Jun 8 2017 // Sacramento, Calif.-based InterWest Insurance Services, LLC has named Kurt Hoffmann a marketing and promotions agent. Hoffmann’s responsibilities include business development, project management, community engagement...
