Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Maryland’s Amended Premium Increase Notice Requirement to Take Effect
Sep 30 2016 // The reenacted Maryland Insurance Article set to take effect on Saturday, Oct. 1, is expected to lift the administrative burden and lack of clarity caused by mandatory notification of minor premium increases, according to a...
Independent Insurance Agents & Brokers of New Jersey Inaugurates Board
Sep 29 2016 // The Independent Insurance Agents & Brokers of New Jersey (IIABNJ), a Trenton, N.J., based non-profit organization representing independent insurance agents and employees in local communities throughout New Jersey,...
Oklahoma to Hold Free Forums for Workers’ Comp Agents, Adjusters
Sep 28 2016 // Workers’ compensation professionals in Oklahoma will have the opportunity to learn crucial information about the industry at two free events. The Oklahoma Insurance Department and the National Council on Compensation...
Global Risk Partners Buys Marshall Wooldridge, a UK Broker with Growth Plans
Sep 27 2016 // Global Risk Partners Limited (GRP), the acquisitive insurance broking and managing general agent investment vehicle, has acquired Marshall Wooldridge, a UK commercial insurance broker which controls in excess of £20...
Universal P&C’s Direct-to-Consumer Homeowners Site Now Selling in 10 States
Sep 27 2016 // Universal Direct, a direct-to-consumer online platform for Universal Property & Casualty Insurance Co. homeowners insurance, is now available in Florida, Hawaii and North Carolina. With these additions, the direct...
Could Trouble with Comp Products from Berkshire Affiliates Land in Brokers’ Laps?
Sep 26 2016 // Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in New York and California could end up being strapped with...
ICW Group Now Writing Workers’ Compensation in Michigan, Oklahoma, Tennessee, Virginia
Sep 26 2016 // ICW Group Insurance Companies has begun writing workers’ compensation four additional states—Michigan, Oklahoma, Tennessee and Virginia. The San Diego-based company says the move bolsters its presence across the...
Independent Insurance Agents & Brokers of America Elects Costello to Executive Committee
Sep 26 2016 // Independent Insurance Agents & Brokers of America (IIABA) has announced that John Costello has been elected as an at-large executive committee member. In this role, Costello will work to provide general direction and...
Big ‘I’ Agents Promote McPhillips to Lobbying Team
Sep 23 2016 // The Independent Insurance Agents & Brokers of America (Big “I”) has promoted Jennifer McPhillips to vice president for federal government affairs. McPhillips first joined the Big “I” team in...
Michigan Educator Is InVEST Program’s Teacher of the Year
Sep 22 2016 // Monique Colizzi, who taught InVEST insurance courses at Charlotte High School (CHS) in Charlotte, Michigan, has been honored with the 2016 InVEST Teacher of the Year Award. The InVEST program, which is affiliated with the...
Home Insurers, Agents Face Satisfaction Gap with Affluent Gen Y Customers
Sep 22 2016 // Overall, home insurers are performing better in customer satisfaction as they compete more on improving the customer experience than on price. However, there is one up-and-coming affluent consumer group — the Gen Y...
Burns & Wilcox Names CRC’s Fuhrman to Retail Agency National Relationship Post
Sep 22 2016 // H.W. Kaufman Financial Group and Burns & Wilcox announced that Marc Fuhrman will join the firm in a new role as national relationship manager. Fuhrman, based in Los Angeles, formerly served as senior vice president of...
New MGA Verve to Target Liability Market for Insurance Agents, Insurers in U.S.
Sep 22 2016 // Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers. The...
3rd Party Managing Agent Asta Invests in Specialist MGA OverArk
Sep 22 2016 // Asta, the London-based third party managing agent and specialist MGA investor, has concluded a transaction to finance the development of OverArk Ltd. Asta will take a minority equity stake in OverArk and will also support...
Appalachian Underwriters Adds Reilly as Property Broker in Florida Office
Sep 22 2016 // Appalachian Underwriters, Inc. has added a new property broker, Aaron Reilly, to the Sarasota, Fla., office. Reilly will be developing new business opportunities throughout the country in various property and casualty...
Former L.A. Broker Convicted of Stealing Insurance Premiums
Sep 21 2016 // Martin McCloskey, 69, of Piñon Hills, Calif., pleaded guilty this week to three felony counts of grand theft and theft of fiduciary funds after defrauding his customers by failing to remit to insurance companies more than...
Worldwide Facilities Taps Perry As a Broker in Arizona
Sep 21 2016 // Worldwide Facilities LLC has added Aaron Perry to its team of brokers in Phoenix, Ariz. He focuses on construction and manufacturing. Perry has six years of wholesale insurance experience. He was previously with firms...
Chubb Rolls Out New Business Owner’s Policy for Small Business
Sep 21 2016 // Chubb is rolling out a new business owner’s policy, Chubb BOP. Crafted for small businesses, Chubb BOP incorporates protection for property and liability exposures, a supporting umbrella liability product, and the...
Michigan Orders Former Agent to Stop Selling Fake Auto Insurance Certificates
Sep 21 2016 // The Michigan Department of Insurance and Financial Services (DIFS) has ordered a Farmington man to stop selling fraudulent automobile insurance certificates through his company, SBS Agency. DIFS issued cease and desist...
