Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
McCasland Joins Texas-Based LevelFirst as Vice President
Mar 2 2016 // LevelFirst, the service-based wholesale broker and MGA binding facility owned by IIAT Services Co., has appointed Heath McCasland as vice president. McCasland will assume the responsibility of brokering new business...
House Committee Passes Private Flood Insurance Bill
Mar 2 2016 // The House Financial Services Committee this morning approved a proposal intended to encourage more private insurers to write flood insurance. The committee approved the Flood Insurance Market Parity and Modernization Act...
Ironshore Establishes Private Client Group, Launches Coverage in Select States
Mar 1 2016 // Ironshore Inc. has established a dedicated Private Client Group to introduce its new insurance plan, the Ironshore Private Insurance Portfolio. Ironshore’s personal lines policy will be available for high net worth...
EPIC Adds Hall as P/C Broker in California
Feb 29 2016 // EPIC Insurance Brokers & Consultants has hired Steve Hall as a property/casualty insurance broker/producer. Hall will be based in EPIC’s Concord, Calif. office and report to Curt Perata, regional director of...
Software Provider Vertafore Acquires Canada’s Keal Technology
Feb 29 2016 // Vertafore, the Bothell, Wash.-based insurance software provider, announced the acquisition of Keal Technology, a leading provider of broker and commercial management systems in Canada. The move extends Vertafore’s...
MassMutual Agrees to Buy MetLife Retail Adviser Network for $300M
Feb 29 2016 // Massachusetts Mutual Life Insurance Co. agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer for about $300 million. Massachusetts Mutual Life Insurance Co. has agreed to buy MetLife...
MassMutual Emerges as Potential Buyer of MetLife Retail Group
Feb 26 2016 // MetLife Inc., the life insurer that is reshaping its business mix to limit government oversight, is in talks with Massachusetts Mutual Life Insurance Co. about a possible sale of MetLife Premier Client Group, the...
Keystone Insurers Group Adds 3 Missouri Agencies
Feb 26 2016 // Keystone Insurers Group announced it has added three new partners in Missouri: Scott Agency of Montgomery City, Harrison Agency of Columbia and Anderson & Green Insurance Agency of Sikeston. Harrison Agency was...
Huczek Joins Compass Specialty Risk Assistant VP, Broker
Feb 25 2016 // Middleton, Wis.-based wholesale broker and managing general agent, Compass Specialty Risk LLC, has added Matt Huczek as assistant vice president and broker. Based in Middleton and focused on casualty lines with an emphasis...
With Google Gone, What’s the Future for Online Insurance Shopping?
Feb 25 2016 // The demise of Google’s online insurance comparison site Google Compare is being hailed by some in the industry as a victory for the traditional agency system. But agents may want to hold off on breaking out the...
BB&T to Buy Swett & Crawford for $500M
Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...
UK’s Towergate and Ageas Announce 5-Year Capacity Deal
Feb 24 2016 // Towergate and its subsidiary Arista, a Lloyd’s coverholder, have formed a partnership with the insurer Ageas, which will provide capacity of £60 million ($82.9 million), each year for the next five years. The...
Insurance Industry Analyzes Google’s Failed Online Insurance Experiment
Feb 23 2016 // The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto insurance online. Many...
California Insurance Agent Faces Felony Charges for Pocketing Auto Premiums
Feb 23 2016 // Anthony John Diaz, 35, was arraigned today in the Fresno County Superior Court in California to answer charges that he allegedly stole insurance premiums from policyholders. Diaz was arrested earlier this month by...
Arkansas Insurance Agent Charged with Fraud Ordered to Repay Nearly $128K
Feb 23 2016 // An Arkansas insurance agent has been charged with fraud and ordered to pay $127,748.06 in restitution. The Arkansas Insurance Department revoked the resident producer’s license of Samuel Bowron Phillips of Fort Smith...
Florida’s Citizens Rolls Out New Website for Agents, Insureds
Feb 23 2016 // Citizens Property Insurance Corp. has launched a new website for customers, agents and other stakeholders that, according to the company, offers a more comprehensive gateway into the state’s insurer of last...
Hiscox Launches E-Trading System for U.K. Commercial Brokers
Feb 22 2016 // After a successful pilot, Hiscox has launched Hiscox Trader, a new e-trading solution for U.K. commercial insurance brokers in partnership with insurance technology specialists Open GI London. The new cloud-based...
North Carolina Insurance Agent Charged with Embezzlement
Feb 22 2016 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Jacob Christopher Mullins, 28, of Fremont; he is charged with one count each of embezzlement by an insurance agent, financial card fraud and...
Expert: Targeting High-Risk Shoppers with Mobile Makes Sense
Feb 22 2016 // High-risk shoppers may be one of the best segments for insurance agencies and carriers to target with online and mobile quoting and services. New data from online agency CoverHound shows high-risk shoppers are 93 percent...
Study: Insurance Industry Has a Significant Economic Impact in Michigan
Feb 22 2016 // A recently released study shows the positive contributions the insurance industry makes to Michigan’s economy statewide. The report — Economic Footprint of Michigan’s Insurance Industry — was...
