Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
MHG Insurance Brokers Opens Office in Houston
Jan 24 2014 // MHG Insurance Brokers, a national brokerage in the United States specializing in life and health insurance for groups and individuals as well as business insurance, announced the opening of an office in Houston, Texas. The...
Canada, U.S. Safety Agencies Urge Fast Action on Oil-by-Rail Cars
Jan 24 2014 // North American regulators should phase out the type of rail car involved in last July’s deadly Lac-Megantic crash “sooner rather than later,” Canadian investigators said on Thursday, urging the United...
Wells Fargo Selling 42 Smaller Regional Insurance Offices to USI
Jan 24 2014 // Wells Fargo & Co., the largest U.S. home lender, has agreed to sell more than 40 percent of its insurance brokerage locations to focus bricks-and-mortar operations on higher-growth regions and bigger clients. USI...
Commentary: Insureds’ Agreement to Read Insurance Policy
Jan 23 2014 // A shock wave was recently sent through the insurance agent/broker community in Connecticut. In a surprising case at the United States District Court for the District of Connecticut, O&G Industries, Inc. v. Aon Risk...
R.I. Regulator Offers Consumer Tips on Winter Weather Claims
Jan 22 2014 // Recent winter storms have already left a path of damage and power outages across the country. When a storm strikes, it’s important to know what to do if the home is damaged or if the insured gets involved in an auto...
Senate Links Agent Licensing Reform with Flood Insurance Delay
Jan 21 2014 // There is a new political wrinkle in the attempt to stave off flood insurance rate hikes across the country. The Senate has attached an industry-supported bill to streamline agent and broker licensing to its bill to delay...
The Motorists Insurance Group Restructures Business Model, Management Team
Jan 17 2014 // Motorists Insurance Group President and CEO David L. Kaufman announced a new functional structure for the Columbus, Ohio-based group’s 10 property/casualty insurance, life insurance and insurance brokerage...
Oklahoma Insurance Agent Accused of Defrauding Elderly Couple
Jan 17 2014 // Tulsa insurance agent Presley Keith Dennis has been arrested and accused of defrauding a Muskogee couple out of nearly $300,000, the Oklahoma Insurance Department reported. The arrest follows an investigation by the...
The Importance Of Sales Meetings
Jan 15 2014 // Your Sales iQ Nothing, not one thing happens in this economy until a sale is made. No raw materials are ordered, not one engine starts, and no services are performed until an order has been placed. Strong sales are the...
Combined Agents of America Adds Wade to Leadership Team
Jan 15 2014 // Combined Agents of America LLC (CAA), with headquarters in Austin, Texas, announced that William H. (Bill) Wade II has joined its team as director of carrier relations and program management. Wade has more than 40 years of...
Dalton Joins Southwest Risk as Casualty Broker
Jan 15 2014 // ClearView Risk Holdings LLC, the Dallas-based holding company of Southwest Risk LP, announced that Jason Dalton has joined Southwest Risk as a casualty broker with an emphasis on the transportation segment. Dalton has more...
Congressional Spending Plan Would Curb Some Flood Insurance Hikes
Jan 15 2014 // The $1.1 trillion government funding agreement unveiled by Congressional negotiators on Monday includes language to postpone for about eight months some of the flood insurance rate hikes triggered by reforms passed in...
Cross Insurance Acquires Assets of Maine, Connecticut Brokers
Jan 14 2014 // Bangor, Maine-based Cross Insurance has acquired the assets of two insurance brokers – Willis of Northern New England Inc., and The Insurance Exchange Inc. of Stamford, Connecticut. Formerly known as the Dunlap Agency,...
Bloss & Dillard Acquires Agents Insurance Markets in Virginia
Jan 13 2014 // Huntington, West Virginia-based managing general agent Bloss & Dillard Inc. announced it has acquired and now operates Agents Insurance Markets Inc., a managing general agent in Richmond, Virginia. The new acquisition...
Hull & Company Names Dumag as Underwriter, Broker in California
Jan 13 2014 // Jennifer Dumag has joined Hull & Company Inc. in its Stockton, Calif. office as a commercial lines underwriter and broker. Dumag will be responsible for marketing, underwriting and placement of excess and surplus and...
AIG Rebranding, Expanding Retirement Services As Others Retreat
Jan 13 2014 // American International Group Inc. plans to add 600 advisers and expand their offerings to boost sales as rivals retreat from some retirement products. The insurer will increase the number of career agents at its newly...
The Best Quotes of 2013
Jan 13 2014 // A new year is a chance to look back and review the past. Here’s a view at some of the best quotes found on InsuranceJournal.com in 2013. What was your favorite quote of the year? “If you like your health care...
The Profit Compression
Jan 13 2014 // The bad news is independent agency profits are and will continue to be compressed. The good news is that for independent agencies willing to abandon the traditional model, great opportunity exists. Profits will stay...
Allstate Insurance to Expand in Midwest with New Agencies
Jan 9 2014 // Allstate Insurance Co. has announced plans to appoint new agency owners in Indiana, Michigan and Ohio this year. The company plans to appoint 21 new insurance agency owners in Indiana. Additionally, Allstate’s new...
Insurance M&A Trends That May Lead to ‘Perfect Storm’ in 2014
Jan 9 2014 // Encouraged by a vigorous period of insurance M&A activity in the second half of 2012, many in the industry had high expectations of robustness in 2013. It’s clear now that 2013 M&A activity did not reach the...
