Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
21 States, Business Groups, Insurance Agents Sue to Block Obama Overtime Pay Rule
Sep 21 2016 // Officials from 21 U.S. states on Tuesday filed a lawsuit claiming an Obama administration rule to extend mandatory overtime pay to more than 4 million workers will place a heavy burden on state budgets. Hours after the...
CoverHound Small Business Commercial Suite Goes Live
Sep 21 2016 // Online personal insurance seller CoverHound is adding business insurance offerings— including workers’ compensation and commercial auto— to its online platform at CoverHound.com. The site is starting by focusing...
Global Risk Partners Acquires U.K.-based SLK General Insurance Services
Sep 21 2016 // Global Risk Partners Ltd. (GRP), the London-based insurance broking and managing general agent investment vehicle, has acquired the commercial and personal insurance broker, SLK General Insurance Services Ltd., based in...
SIAA Forms New Master Agency in California, Names Three to Staff Office
Sep 20 2016 // Strategic Insurance Agency Alliance announced the formation of a new master agency in support of planned growth in the northern California region. Strategic Independent Insurance Agency Solutions is headquartered in Santa...
Changes at the Top of Hub International: Cohen, Gulliver, Lineker
Sep 20 2016 // Insurance broker Hub International Limited (HUB) has named Marc Cohen, currently regional president of HUB East Region, as president of HUB International as part of a restructuring of top management. Cohen will replace...
Massachusetts Based XS Brokers Hires Kent to Connecticut Office
Sep 20 2016 // XS Brokers, a Quincy, Mass., headquartered independent insurance brokerage, has hired Jason Kent as a broker in the firm’s Connecticut office. His hiring comes as the firm has seen continued growth in its...
Big Box or Boutique?
Sep 19 2016 // It’s no secret that the world of insurance is consolidating. The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as the second-most-active six-month period since 2008, according...
Signs of the Agency Financial Times: 7 Key Trends Producers Should Watch
Sep 19 2016 // 7 Key Trends Producers Should Watch to Keep from Being Left Behind In “Left Behind,” the first book in an apocalyptic series by Tim LaHaye and Jerry Jenkins, the main characters find themselves scrambling to...
How Kilkenny and Kimmel Have Grown K2 Insurance Services
Sep 19 2016 // Pat Kilkenny and Bob Kimmel put the K’s in K2 Insurance Services five years ago. That’s when they began using their combined 60 years of insurance experience to work buying up and developing businesses with the...
Gamification in Insurance: Playing to Win
Sep 19 2016 // Among the many innovations happening in the insurance industry today, gamification is surely one of the more interesting. At the nexus of trends ranging from behavioral science and social networking to the Internet of...
Ohio Insurance Industry Adding Jobs, More Expected, Trade Group Says
Sep 19 2016 // In terms of employment opportunities, the insurance industry in Ohio is growing at a robust pace, a state insurance industry trade group says. In the 2016 edition of its “Insurance in Ohio” report, the Ohio...
P/C Insurance Agency Mergers and Valuations Up Again: OPTIS
Sep 19 2016 // The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since 2008. According to a new report on agency merger activity by Chicago-based investment...
Tech Talk: Digital Transformation 2.0
Sep 19 2016 // The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital technology. As we have discussed extensively, agents...
Professional Insurance Agents of New York State Elects Parsons as President
Sep 15 2016 // Professional Insurance Agents of New York State Inc. (PIANY), a trade association representing professional, independent insurance agencies, brokerages and their employees throughout the state of New York, elected John C....
To Cut Costs, Reinsurers Should Lower Brokers’ Fees, Says Lloyd’s Chairman
Sep 15 2016 // Reinsurers, forced to cut prices for four years in a row, should target brokers’ fees as the industry seeks to reduce costs, according to Lloyd’s of London Chairman John Nelson. The brokers need to cut profit...
ProSight, Program Brokerage Corporation Launch Pest Control Program
Sep 15 2016 // ProSight Specialty Insurance has launched a new pest control program to be distributed by Program Brokerage Corporation (PBC), a wholesale insurance brokerage firm and the official endorsed broker of the National Pest...
Mississippi Insurance Agent Charged in Prison Bribery Case
Sep 14 2016 // An insurance agent from Jackson, Miss., is the latest person indicted in a corruption case tied to the former head of the Mississippi prison system. Guy E. “Butch” Evans, 61, appeared Aug. 24 in U.S. District...
New Big ‘I’ Leadership Team with Chairman Houldin Installed
Sep 13 2016 // The Independent Insurance Agents & Brokers of America (the Big “I”) last week installed new officers who have begun serving their terms. Connecticut independent agent Spencer Houldin was inaugurated as the...
Former Ohio Insurance Agent Sentenced for $58K Grand Theft
Sep 13 2016 // A former Ohio insurance agent and agency owner has been sentenced for grand theft after pleading guilty to misappropriating more than $58,000 from two clients, the Ohio Department of Insurance announced. Charles Gabel, of...
Iroquois South Expands into Louisiana with First Member Agencies
Sep 13 2016 // Iroquois South, a network of independent insurance agencies, has added its first members in Louisiana: Juban Insurance Group of Baton Rouge; Lowry-Dunham, Case & Vivien of Slidell; Louisiana Insurance Services of...
