Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
NFP Acquires Buffalo Broker SDN From Five Star Bank
Apr 2 2024 // Global insurance broker NFP announced it has acquired the assets of SDN Insurance Agency (SDN). SDN handles property/casualty insurance as well as employee benefits, surety and life insurance in the the Buffalo, New York...
Institutional Investor GIC Finalizes Acquisition of Insurance Broker Miller
Mar 28 2024 // Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller. GIC and private equity...
Former California Insurance Agent Found Guilty of Taking $1.2M from Victims
Mar 28 2024 // Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department...
Participate in the Annual Young Agents Opinion Survey: Last Call
Mar 27 2024 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
Subpoenas on Agencies and Officials Delay Release of Key Report into Deadly Hawaii Wildfire
Mar 27 2024 // Hawaii’s attorney general blamed a delay of the release of a key report into a deadly Maui wildfire on county agencies that forced investigators to issue subpoenas. The first phase of an independent investigation...
Subpoenas on Maui Agencies and Officials Delay Release of Report Into Wildfire
Mar 20 2024 // Hawaii’s attorney general blamed a delay of the release of a key report into a deadly Maui wildfire on county agencies that forced investigators to issue subpoenas. The first phase of an independent investigation...
UK’s Ardonagh to Acquire Independent Italian Insurance Broker Mediass
Mar 20 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company. Financial details of the deal were not...
Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies
Mar 18 2024 // After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in...
The Future of Insurance Agencies
Mar 18 2024 // There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch....
Illinois Insurance Agent Sentenced 7 Years for Swindling Premiums
Mar 18 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...
Novatae Acquires UK-Based Broker Bretton Woods International
Mar 13 2024 // Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of...
Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses
Mar 7 2024 // Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation...
Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth
Mar 6 2024 // Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK,...
Hub International Acquires Pair of Michigan Agencies
Mar 5 2024 // Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc....
Insurance Agent Pleads Guilty, Will Testify in Bribery Case Against Senator Menendez
Mar 5 2024 // A former New Jersey insurance agent has agreed to a deal with prosecutors under which he will testify in the federal corruption case against U.S. Senator Bob Menendez. In federal court in Manhattan last Friday, Jose Uribe...
New Survey Reveals How Independent Agents Are Adapting to the Hard Market
Mar 4 2024 // The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale. Trusted Choice, the national consumer brand representing the members of...
Marsh McLennan Agency Acquires Pair of Louisiana Agencies
Mar 4 2024 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it has completed its previously announced acquisitions of two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana...
Tomorrow’s Insurance Agent: Leveraging New Skill Sets Next Gens Bring to the Table
Mar 4 2024 // For the last decade and a half, business leaders have struggled to comprehend, motivate and manage the millennial generation. Recently, I read an online article where business owners discussed the “new”...
People Moves: Alliant Hires Ross to Bay Area Brokerage Team
Mar 1 2024 // Alliant Insurance Services hired Frank Ross as vice president within its Alliant Americas division. Ross joins Alliant with a property/casualty insurance background encompassing risk management, cyber liability, and...
Florida Bills Moving, But Agents Disagree on One That Bars Cancellations After Storms
Feb 29 2024 // Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to...
