Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Rhode Island’s Risco Insurance Brokerage Hires Giuliani as Assistant VP
Feb 26 2015 // Christina Giuliani Risco Insurance Brokerage Inc. has hired Christina Giuliani as assistant vice president and wholesale broker for the New England Territory. She is based in Risco’s East Providence, Rhode Island,...
Willis Signs Indian Market Joint Venture with Almondz Insurance Brokers
Feb 25 2015 // Willis Group Holdings plc announced that it has agreed to purchase a 49 percent stake in Almondz Insurance Brokers Private Limited, an Indian insurance broker with nearly 300 associates in nine offices in India serving...
Berkley: Google’s Entry Into Auto Insurance Should Frighten Agents
Feb 24 2015 // That Google is getting into auto insurance should have the voice in the head of every agent who sells personal auto coverage saying: “Be afraid, be very afraid.” OK, that’s not exactly how W.R. Berkley...
SIAA Grew Premium to $5.7B, Signed 410 New Member Agencies in 2014
Feb 24 2015 // SIAA (Strategic Insurance Agency Alliance) said it grew premium by $901 million in 2014 to $5.7 billion, with 80 percent of its growth coming from existing member agencies. Premium growth with SIAA’s strategic...
More than 2.5K Oklahoma Agents Take Earthquake Coverage Class
Feb 23 2015 // Oklahoma insurance agents are receiving training about earthquake insurance as a swarm of temblors continues to shake the state. More than 2,500 Oklahoma insurance professionals have completed a one-hour continuing...
Arthur J. Gallagher Names Chilton as CEO of UK-Based Brokerage
Feb 23 2015 // Arthur J. Gallagher & Co. announced that Grahame “Chily” Chilton has been named CEO of the company’s UK-based international brokerage division, subject to regulatory approval. Chilton will be...
CGSC North America Nabs 3 Senior Executives
Feb 23 2015 // Wholesale broker CGSC North America has made three senior appointments in its business development, partnerships and marketing operations. All three will report to Tom Ruggieri, who last October became CEO of CGSC North...
Diversity Within Insurance Industry Serves Expanding Nonprofits
Feb 23 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
Western Security Surplus Enlists Tania V. Strickland to Head New San Antonio Office
Feb 23 2015 // Plano, TX, February 23, 2015- Kyle Stevens, President/CEO of WSS announced that the company has hired Tania Strickland as a new Senior Broker and Regional Vice President. Strickland will be heading a new Central Texas...
California Agents Asked to Inform Customers on Auto Financial Responsibility
Feb 23 2015 // California Insurance Commissioner Dave Jones and state Sen. Ricardo Lara in February urged Californians to make sure they are meeting their obligation to carry minimum liability insurance coverage on their vehicles and...
Texas Insurance Wholesalers Wary of Retail Agent Association MGA
Feb 23 2015 // In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general agency as a way of providing its members greater access to...
Low Minimum Limits Unfairly Shift Financial Responsibility
Feb 23 2015 // For years, we’ve listened to those who beat the drum to maintain minimum liability insurance limits that have been in place for decades. They frame their viewpoint as pro-consumer, and on its surface, their message...
Agent-Broker Profitability Reaches Record 21% for 2014
Feb 23 2015 // Agent-broker profitability reached 21 percent for 2014, a new record for the Reagan Consulting Organic Growth and Profitability (OGP) survey that began tracking profitability for agencies in 2008. That median profitability...
Insurance and Online Dating
Feb 23 2015 // With today’s technology the world of knowledge, commerce, and even love, are at people’s fingertips. So Answer Financial asks, why not insurance? If 40 million people choose to find love online, maybe they...
Risky Business: How Agents and the Industry Help Protect Farmers, Ranchers
Feb 23 2015 // When you think of hazardous jobs, what comes to mind? First responders, military professionals, even NFL football players are typically associated with some of the most dangerous jobs on earth. But what about farmers and...
5 Things to Consider When Insuring Yachts
Feb 23 2015 // Driving by a marina or boatyard, most of us admire the beautiful yachts, and may even daydream about a weekend on the water. Insurance agents likely also envision easily selling coverage to recreational boating customers....
Employee Pay Up But Morale Down
Feb 23 2015 // Agency employees are not happy when it comes to compensation, and money isn’t the problem. Despite some reported increases in salaries and total compensation, many employees continue to be unsatisfied when it comes...
E&O Insights: How to Calm the E&O Waters When Insuring Marinas
Feb 23 2015 // As spring approaches, agencies may have some opportunities to secure commercial accounts dealing with watercraft business. These accounts, typically classified as marinas, boat yards or boat moorage, offer a multitude of...
Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne
Feb 20 2015 // Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because the giant search engine could draw more attention to buying insurance online. However,...
AssuredPartners Acquires Amtech Insurance Brokers in New York
Feb 19 2015 // AssuredPartners Inc. has acquired Amtech Insurance Brokers in Latham, New York. Terms of the transaction were not disclosed. Amtech has been providing commercial insurance and risk management services for businesses for...
