Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Florida Agencies Acentria and Gateway Announce Intent to Merge
Jun 26 2014 // Two Florida independent insurance agencies — Acentria, Inc. and Gateway Insurance Agency, L.C. — announced they are merging. Gateway, which has serving Dade, Broward and West Palm Beach communities since 1952, is...
Insurance Underwriter, Broker Merger Activity Up 20%: SNL
Jun 26 2014 // Year-to-date through June 20, the insurance mergers and acquisitions (M&A) market witnessed 160 deal announcements, compared to 134 deals over the same period of 2013 — an increase of roughly 20 percent, according to...
Extended Deadline to Enter for Insurance Journal Top 100
Jun 25 2014 // Don’t miss out on your chance to become one of Insurance Journal’s Top 100 Independent Property/Casualty Agencies. PLUS, now there’s an opportunity to be considered as Tomorrow’s Top 100 – these...
Insurance Noodle Launches Integrated Small Contractors Facility
Jun 19 2014 // Insurance Noodle has launched an integrated property and casualty facility for small contractors, bringing together several major carriers via a single access point. The program was designed to help agents working with...
Ex-Insurance Broker Arrested in California for Embezzlement
Jun 18 2014 // John Monreal, 45, of Santa Clarita, Calif. was arrested on May 30 by Los Angeles County Sheriff’s Department deputies on 11 felony counts of embezzlement and insurance code violations after he allegedly duped...
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
Marsh to Acquire Majority Stake in Panama Broker Semusa
Jun 18 2014 // Marsh announced that it has reached a definitive agreement to acquire a majority stake in Panamanian insurance broker and advisor Semusa, Marsh’s long-standing local correspondent broker. Terms of the transaction...
Agents React to Walmart, Overstock in Insurance: ‘We Aren’t Dead or Dying, We are Evolving’
Jun 18 2014 // Recent announcements by giant retailers Walmart and Overstock.com that they entering the insurance sales game have elicited a healthy response from the insurance industry. Some agents have expressed concern and frustration...
Former Ohio Insurance Agent Gets Jail Time on Fraud-Related Charges
Jun 17 2014 // Former West Mansfield insurance agent Robert Horney, of Marysville, Ohio, was sentenced in Logan County Common Pleas Court to serve 60 days in jail, five years on community control and ordered to pay more than $21,000 in...
All in the Family: Father and Daughter Honored by Texas Agents
Jun 16 2014 // A father/daughter team of insurance professionals recently were awarded two of the highest honors bestowed upon independent agents in Texas at the Independent Insurance Agents of Texas annual conference and trade show in...
Florida Judge Approves Deal for Heritage to Assume Sunshine State Policies
Jun 16 2014 // A Florida judge has signed-off on a plan by regulators to allow a failed Florida property insurer’s policyholders to be assumed by another company, although policyholders will retain the option to seek coverage...
Is Yours a Top 100 Property/Casualty Independent Agency?
Jun 16 2014 // Find out by submitting your entry for the 2014 Insurance Journal Top Property/Casualty Agencies Listing. There are four ways to qualify: 1. Top 100 Independent P/C Agencies 2. Top Commercial Lines Independent Agencies 3....
Why Customers Need Personal Umbrella Coverage More Than Ever
Jun 16 2014 // That we live in a litigious society is not something new; we’ve been there for decades. Lawsuits have long followed auto accidents and mishaps that occur in homes, very often causing defendants to dig so deep to pay...
Arthur J. Gallagher Acquires The Plus Companies in New Jersey
Jun 13 2014 // Arthur J. Gallagher & Co. said it has acquired The Plus Companies Inc. in Bridgewater, New Jersey. Terms were not disclosed. Established in 1985, The Plus Companies Inc.(TPC) is a managing general agent and program...
Burns & Wilcox Adds Teel to North Dallas Team
Jun 13 2014 // Cree Teel has joined the Burns & Wilcox Brokerage team in North Dallas as vice president and broker. He will work closely with Managing Director David M. Gross to provide expert counsel to clients on oil and gas,...
IIAT Names Young Agent of the Year, Young Associate of the Year
Jun 13 2014 // The Independent Insurance Agents of Texas (IIAT) named James Russell of Texas Associates Insurors/NewFirst Insurors in El Campo as the André P. Juneau Young Agent of the Year. In addition, the association honored Jason...
Mississippi Agent Says He Was Forced to Plead Guilty in Insurance Scam
Jun 13 2014 // A former Mississippi insurance agent is asking a federal judge for speedy consideration of his motion to vacate his conviction related to an insurance scam involving Lafayette County. Ken Nowlin of Ecru pleaded guilty in...
Hits to TrustedChoice.com Growing, Big ‘I’ Chair-Elect Tells Texas Agents
Jun 12 2014 // Insurance consumer interest in Trusted Choice, the national brand created for the members of the Independent Insurance Agents & Brokers of America (IIABA or Big “I”), is growing, according the...
N.J. Chiropractor Admits Destroying Patient Records Sought by Federal Agents
Jun 12 2014 // Federal prosecutors say a northwestern New Jersey chiropractor has admitted destroying patient appointment records sought by federal agents investigating potential billing fraud at her medical office. Mary Jean Negri of...
TWFG Adds 10 Branch Agencies in Texas
Jun 12 2014 // The Woodlands Financial Group (TWFG) has added 10 more branch agencies in its home state of Texas. TWFG now operates with more than 200 branch offices in Texas along with its headquarters in The Woodlands, just north of...
