Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
InVEST Insurance Education Program Adopted by Chicago High Schools
Aug 19 2014 // InVEST, the insurance industry’s classroom to career education program, announced that all Chicago Public School Career and Technical Education (CTE) finance programs will now offer its curriculum to seniors. The...
Southwest Insurance Agents Names Call, Gordon Regional VPs in Arizona
Aug 18 2014 // Southwest Insurance Agents Alliance has expanded its team with the addition of Nate Call and William R. Gordon as regional vice presidents for Arizona. Both Call and Gordon will be responsible for membership service,...
USI to Acquire 7 Willis Retail Brokerage Locations Across U.S.
Aug 18 2014 // USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage...
E&O Insights: ‘Just Duplicate What I Have’
Aug 18 2014 // From a producer’s perspective, the words in the headline are dangerous when spoken by a customer or prospect. Simply duplicating what the insured currently has, whether the account is commercial or personal, can and...
Fees, Plus Commissions, Allowed for Retail Insurance Agents in Texas
Aug 18 2014 // Retail insurance agents in Texas are allowed to charge certain fees in addition to a commission in relation to selling an insurance policy, but those fees must be disclosed to the customer. “Texas is one of the few...
California Insurance Agent Faces 96 Felony Counts
Aug 15 2014 // Jacob Richard Bonzer, 27, formerly of Lake Forest, Calif. was arrested Wednesday in Chicago by a U.S. Marshals Task Force on 96 felony counts including grand theft, forgery and denial of benefits. According to a joint...
States Still Grappling with Surplus Lines Tax Sharing
Aug 15 2014 // Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has...
Young Agents Rate Flexibility, Career Growth Over Technology: Vertafore Survey
Aug 14 2014 // Technology is not an incentive when it comes to attracting and retaining millennials to the insurance industry but it can provide overall job satisfaction in terms of flexibility and career growth opportunities, according...
Beecher Carlson Names Managing Director of Northeast Casualty Brokerage
Aug 12 2014 // Beecher Carlson Insurance Services LLC, a specialized large account brokerage and a wholly-owned subsidiary of Brown & Brown Inc., appointed Joe Roberta as managing director of the Northeast Casualty...
Arthur J. Gallagher Acquires Cowles & Connell in N.Y.
Aug 12 2014 // Arthur J. Gallagher & Co. announced the acquisition of Cowles & Connell based in Brewster, New York and Meriden, Connecticut. Terms of the transaction were not disclosed. Established in 1892, Cowles &...
AJ Gallagher Acquires Assets of Caribbean Broker Minvielle & Chastanet
Aug 12 2014 // Arthur J. Gallagher & Co. announced that it has acquired certain assets of Minvielle & Chastanet Insurance Brokers located in the eastern Caribbean. Terms of the transaction were not disclosed. The bulletin...
Georgia, South Carolina Teens Win Big ‘I’ Junior Golf Tournament
Aug 11 2014 // Rachel Dai of Milton, Ga., and Keenan Huskey of Greenville, S.C., won the girls and boys divisions, respectively, at the recent 46nd Annual Trusted Choice Big “I” National Championship in Bridgeport, W.V. The...
Former Oklahoma Insurance Agent Sentenced for Embezzlement
Aug 11 2014 // A former insurance agent in Creek County has been sentenced to 120 days in jail for embezzling premium payments from elderly clients, the Oklahoma Insurance Department announced. Donna Laverne Parrick, 50, pleaded guilty...
California Insurance Broker Pays Off Lawsuit With Buckets of Coins
Aug 8 2014 // A California-based insurance broker settled a lawsuit with a Los Angeles man by dropping off buckets full of thousands of quarters, nickels, dimes and pennies, his attorney said. Andres Carrasco, 76, filed a lawsuit in...
Georgia Agent Surrenders License
Aug 8 2014 // A Gwinnett County insurance agent currently under investigation by the state insurance commissioner’s office has agreed to surrender his license to sell insurance in Georgia, according to officials. Insurance agent...
Integro’s Entertainment Practice Acquires London Based Stonehouse Conseillers
Aug 8 2014 // International insurance brokerage and risk management firm Integro has announced its acquisition of Stonehouse Conseillers Ltd., “a London based specialist insurance broker servicing the needs of commercial film...
Ex-Insurance Agent Strikes Plea Deal in Kansas Fraud Case
Aug 7 2014 // A former Wichita insurance agent accused of defrauding policyholders has struck a deal with prosecutors for a 42-month prison sentence. Jason Matthew Pennington pleaded guilty on Aug. 5 to two counts of wire fraud and one...
‘Robust’ Activity Ahead for Agency M&As, Says OPTIS
Aug 6 2014 // There were 165 announced merger and acquisition transactions of insurance agencies in the U.S. and Canada in the first six months of 2014, a jump of nearly 40 percent over the same period in 2013. Also, according to an...
Program Brokerage Corp. Announces 2 Appointments
Aug 6 2014 // Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), has hired Michael Kambos as first vice president of the Professional Liability division. Based out of the...
Confie Seguros Acquires Brokerages in New York, Texas, South Carolina
Aug 6 2014 // Confie Seguros, a Huntington Beach, California-based national provider of personal lines insurance, has acquired three insurance brokerages. Among these additions is Bower Insurance, an agency in Lockport, New York,...
