Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former California Agent Ordered to Pay Restitution for Premium Theft
Jul 24 2015 // Christopher Emery, 33, of Downey, Calif. formerly a licensed insurance broker doing business as CPE Insurance Services, has plead guilty to seven felony counts of grand theft for stealing insurance premiums. Emery...
New Chubb Will Preserve Old Chubb’s Agency Culture, Says ACE’s Greenberg
Jul 23 2015 // The new company formed as a result of ACE Limited’s acquisition of The Chubb Corp. will continue the Chubb practices that have made it a favorite among independent insurance agents, ACE CEO Evan Greenberg has...
How AIG Is Using Cyber Intelligence to Protect Property from Cyber Attacks
Jul 22 2015 // A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack. It wasn’t,...
Louisiana Public Agencies Accept Nearly $250M in BP Settlements
Jul 21 2015 // Public agencies in the New Orleans area have accepted about a quarter-billion dollars from BP for economic losses resulting from the 2010 Deepwater Horizon disaster. NOLA.com/The Times-Picayune reports the Southeast...
Hanover Enhances Fidelity, Crime Coverage
Jul 21 2015 // The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to...
How Agents View Agency Aggregators
Jul 21 2015 // About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact...
Insurance Association to Hold 45th Annual Convention and South Florida’s Largest Insurance Trade Fair
Jul 21 2015 // The convention will run from August 5-9 at the Diplomat Resort & Spa Hollywood with the Trade Fair on Friday, August 8th. Miami, FL, June 21 2015—Over 1,000 insurance agency owners, brokers, agents, customer service...
Zywave Acquires Insurance Agency Digital Marketing Firm Intygral (Astonish)
Jul 20 2015 // Insurance software provider Zywave said it has completed the asset purchase of Intygral, formerly Astonish, a provider of automated marketing for property/casualty personal lines brokers. Terms of the transaction were not...
Breckenridge Insurance Services Adds Regional Vice President Patricia Berry and Two Vice President Brokers
Jul 20 2015 // Pictured left to right: Patricia Berry, Chris Holmes, Paul Hamilton Atlanta, GA, July 20, 2015 — Breckenridge Insurance Services, a leading specialty wholesale commercial brokerage firm, has added three brokers with...
Nevada School District to Settle Insurance Broker Suit for $1.65M
Jul 20 2015 // The Clark County School District in Nevada says it will pay a former insurance broker $1.65 million to settle a lawsuit that claimed the public agency ended the broker’s contract prematurely. Business Benefits Inc....
California Agents Get Creative to Sell Rideshare Endorsement
Jul 20 2015 // Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month or two has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the...
Utah Agent Sentenced to Prison and $1.3M in Restitution
Jul 20 2015 // Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into custody from the Third District Court in West Jordan. Hilton in July pled guilty to one count of a pattern of...
New Regulatory Guidance Affects Insurers, Producers
Jul 20 2015 // detailed illustration of a compass with Cyber Security text, eps10 vector Producers, brokers and insurers are all targeted by cyber attackers looking for personal identifiable information (PII) that can be used to open...
Arizona Supreme Court Ruling May Expose Agents to Lawsuits
Jul 17 2015 // An Arizona Supreme Court ruling may expose agents who write auto policies to malpractice lawsuits if they are accused of failing to inform their customers about uninsured and underinsured motorists coverage – even with a...
Willis to Acquire PMI Health Group, UK-Based Healthcare Adviser & Broker
Jul 16 2015 // Willis Group Holdings plc announced an agreement to acquire PMI Health Group (PMIHG), an independent healthcare adviser and broker in the UK. Willis said the deal will significantly raise the company’s presence in...
Fairfax Offers to Buy 26% of Indian Brokerage IIFL for $255 Million
Jul 14 2015 // Fairfax India Holdings Corp., the $1 billion fund created by Toronto-based investor Prem Watsa, offered to buy 26 percent more in Indian brokerage IIFL Holdings Ltd.* for $255 million. Fairfax India announced an offer to...
Nevada School District to Settle Insurance Broker Suit for $1.65M
Jul 13 2015 // The Clark County School District in Nevada says it will pay a former insurance broker $1.65 million to settle a lawsuit that claimed the public agency ended the broker’s contract prematurely. The Las Vegas Sun...
Willis Appoints Aubert to Executive Committee of London & Int’l Brokers’ Assn.
Jul 13 2015 // Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named...
California Agents Get Creative to Sell Rideshare Endorsement
Jul 9 2015 // Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word...
Keystone Adds 3 Missouri Agencies to Network
Jul 9 2015 // Keystone Insurers Group added three new partners in Missouri. The partners are: Jerome L. Howe Inc. of St. Louis; Schroepfer Bauer Insurance Agency of Union; and Custom Insurance Services Inc. of Crystal City. Jerome L....
