Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Commercial Broker Trade Group CIAB Adds 4 to Staff
Dec 16 2015 // The Council of Insurance Agents & Brokers (CIAB) announced four additions to its association staff. John P. Fielding is joining as in-house general counsel. Fielding has spent the last nine years with the law firm...
Integro Acquires UK’s Entertainment Insurance Partners Limited
Dec 15 2015 // Global insurance brokerage and risk management firm Integro Insurance Brokers Holdings Ltd. announced that it has acquired London-based Entertainment Insurance Partners Limited (EIP), the parent company of Robertson Taylor...
7 Simple Underwriting Questions Nobody Asks
Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...
Nationwide Launches New Online Quoting System for Small Business Agents
Dec 11 2015 // Nationwide is launching FastPath, a quicker commercial quoting system for insurance agents serving small-business clients. Features of FastPath include: Faster quoting with an average of 80 percent fewer...
North Dakota Agent Told to Stop Operations
Dec 10 2015 // A Bismarck, N.D, insurance and securities agent has been served a cease and desist order for allegedly accepting money from clients and issuing them fraudulent certificates of deposit. North Dakota Insurance Commissioner...
Financial Firms Hope to Use Spending Bill to Stall Retirement Advisor Rules
Dec 9 2015 // Wall Street may get one more shot to derail rules championed by the White House that would put tighter restrictions on brokers who advise Americans on saving for retirement. While financial firms trying to kill the...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
Tennessee Agencies Paid $430K by CSX for Train Derailment
Dec 9 2015 // CSX Transportation has paid over $431,000 to local agencies since a train carrying hazardous material derailed and caught fire in eastern Tennessee earlier this year. Officials with the Blount County mayor’s office,...
Insurance Lies Clients Believe – And Pass on to Others
Dec 7 2015 // Myths, legends and lies are hard to dispel and correct, especially when doing so appears to financially harm the teller or believer. If the myth is true, the client (the teller/believer) does not need to purchase the...
New Credit Card Chips Shift Liability to Retailers
Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...
Why Specialist Brokers Need to Become Content Marketers
Dec 7 2015 // If you’re only an occasional consumer of marketing advice, you might think it’s crucial to learn everything there is to know about analytics and Big Data to effectively promote yourself and your...
Insurance Company Profitability
Dec 7 2015 // The past 10 years has been incredibly profitable for insurance companies. Net income for the industry – that is net, not pretax – has equaled $448 billion; that’s almost half a trillion dollars. It is not chump...
Massachusetts Agents Have Over $1B Financial Impact on State
Dec 7 2015 // Eight years after the introduction of managed competition for private passenger auto insurance and the influx of direct writers and direct response companies into Massachusetts, a new study commissioned by the...
Indiana High Court Allows Negligence Claim Against Agent
Dec 4 2015 // Indiana’s high court has confirmed a lower court’s summary judgment favoring a property insurer that denied a homeowner’s claim after discovering that misleading information about the condition of the...
Kuckenbaker Joins Brokerage Team at SierraSpecialty in California
Dec 3 2015 // Patricia Kuckenbaker has been named a surplus lines broker with SierraSpecialty’s team in Clovis, Calif. Kuckenbaker will be operating throughout the Western U.S. Her specialty is brokering contractors and...
Helping Independent Agents Compete and Evolve
Dec 3 2015 // This post is part of a series sponsored by CoreLogic. Even with advancements in the direct-to-consumer channel, independent agents (IAs) continue to be a dominate distribution channel for property & casualty...
Plymouth Rock Promotes Nisenson to Lead N.J. Prudential Agent Division
Dec 3 2015 // Larry Nisenson Plymouth Rock Assurance has promoted Larry Nisenson to president of the Plymouth Rock Prudential Agent Division. He is based in Red Bank, New Jersey. Plymouth Rock’s Prudential Agent Division supports...
Shanghai Asian Insurance Brokers Registered as 1st Chinese Lloyd’s Broker
Dec 1 2015 // Shanghai Asian Insurance Brokers Co. Ltd. (SAIB) has been registered as the first Chinese Lloyd’s registered broker. Based in Shanghai, SAIB specializes in liability insurance, special risk insurance and reinsurance,...
Former Texas Agent Pleads Guilty to Fraud, Faces 20 Years in Prison
Nov 30 2015 // A 64-year-old former Texas insurance agent has pleaded guilty to wire fraud and money laundering, federal prosecutors say, and faces up to 20 years in prison for what amounted to a Ponzi scheme. U.S. Attorney John M. Bales...
Mathieu Appointed President of Collinson Insurance Brokers
Nov 25 2015 // Collinson Group has appointed Yasmine Mathieu as president of Collinson Insurance Brokers Inc. (CIB). Based in Little Rock, Ark., she is part of Collinson Group’s global broking team with associates in Dallas and...
