Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
A Few E&O Tips to Watch: Certificates, Carrier Ratings and Alternative Markets
Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures. 1. Send Certificates of Insurance I would love to share with you a story regarding a...
AmWINS and Networked Deal Plays to Strengths of Both Firms, Execs Say
Jun 5 2017 // The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and...
Stengle Named Sr. VP, Employee Benefits, at Ohio Brokerage, Hylant
Jun 2 2017 // Toledo, Ohio-based insurance brokerage, Hylant, has named Jim Stengle as senior vice president, employee benefits business development manager. It is a newly created role within the agency’s Employee Benefits...
tKg Wholesale Brokerage Taps Becotte as Senior Underwriter for Small Business in Southeast
Jun 2 2017 // Wanda Becotte will join tKg Wholesale Brokerage as senior underwriter, Small Business Division serving its Southeastern region. Becotte began her insurance career in 2002, working on the retail side for nine years. During...
Fake Arkansas Insurance Broker Sentenced to 5 Years in Prison
Jun 1 2017 // An Arkansas man who pretended to be an insurance broker and collected more than $1 million selling fake insurance policies in three states has been sentenced to more than five years in prison, the Arkansas Insurance...
For 10th Year, Ohio’s Central Insurance Receives IIABA’s Best Practices Award
May 31 2017 // The Central Insurance Companies was recently honored with the Best Practices Award of Excellence from the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”). This is the tenth...
Toon Joins Combined Agents of America as Production Director
May 31 2017 // Austin, Texas-based agency partnership, Combined Agents of America (CAA), has added Nikki Toon as production director. Toon has more than a decade of experience working in the insurance industry from a carrier, agency and...
Greece Aims to Attract U.K. Shipowners, Insurers & Brokers Seeking Brexit HQs
May 31 2017 // The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc. “We’re in contact...
High Agency Valuations ‘Not a Fad,’ MarshBerry Exec Tells Conference
May 31 2017 // Valuations of insurance agencies are as high as they have ever been and there does not appear to be any lessening of interest among suitors, according to an industry mergers-and-acquisitions (M&A) consultant. John...
Arthur J. Gallagher Acquires Williams-Manny Insurance in Illinois
May 30 2017 // Arthur J. Gallagher & Co. has acquired Williams-Manny Insurance Group, headquartered in Rockford, Illinois. Terms of the transaction were not disclosed. Founded in Rockford in 1896, Williams-Manny Insurance Group is a...
AmWINS and Networked Deal Plays to Strengths of Both Firms, Execs Say
May 26 2017 // The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and...
AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say
May 26 2017 // The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based...
Zenefits to Pay North Carolina $104K to Settle Licensing Violations
May 26 2017 // The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance...
Rhode Island Insurance Agents Have New Coastal Insurance Market
May 24 2017 // Independent insurance agencies in Rhode Island have a new market for coastal homes – Spinnaker Insurance Company. Spinnaker’s New England distributor, Insurance Agency and Customer Service Company (IACSC) of...
tKg Wholesale Brokerage Hires Wischnowsky as an Account Executive
May 24 2017 // tKg Wholesale Brokerage has hired Matt Wischnowsky as an account executive focused on professional liability. Wischnowsky brings more than ten years of experience to the position. Most recently, Wischnowsky served as the...
Cyber Insurance Sales Continue to Grow, Prices Stabilize, Brokers Report
May 23 2017 // Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers. According to the survey of about 100 commercial lines...
Pennsylvania’s IA&B Announces New CEO Following Russell’s Retirement
May 22 2017 // Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses
May 19 2017 // Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry,”...
Minnesota Independent Agents Honor SFM’s Happe with Company Rep Award
May 19 2017 // The Minnesota Independent Insurance Agents and Brokers (MIIAB) recently honored SFM Risk Solutions Senior Vice President and Chief Marketing Officer Mike Happe with the group’s “Company Representative of the...
CompSource Named Company of the Year by Oklahoma Independent Insurance Agents
May 18 2017 // Independent insurance agents in Oklahoma have honored CompSource Mutual Insurance Co. with their company of the year award. The Independent Insurance Agents of Oklahoma presented CompSource with the 2017 Company of the...
