Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
The Hanover Says It Is Committed to Oklahoma
Sep 5 2013 // The Hanover Insurance Group does a lot of business in Oklahoma and plans to keep it that way. Responding to an Insurance Journal article that inaccurately reported the company was pulling out of the state, The Hanover said...
Best Expresses Concerns over London Market Placement Deals
Sep 5 2013 // A.M. Best has been studying the recent innovation in the London insurance market, exemplified by the arrangement between Aon and Berkshire Hathaway announced in March, which automatically shares a percentage of premiums...
Insurance Journal Searches for Best Agencies to Work For
Sep 4 2013 // Insurance Journal is on the search again for the best independent insurance agencies in the United States to work for and we hope you will consider nominating your agency today. You must be a current employee of the agency...
Capital Oversupply Could Pressure Reinsurers to Lower Rates
Sep 4 2013 // Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, brokers said. “With...
AJ Gallagher to Acquire UK’s Giles Group of Companies
Sep 4 2013 // Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, England. The transaction is subject to regulatory approval and is expected to close...
Agents Who Understand Customers’ Businesses Boost Commercial Insurers: J.D. Power
Sep 3 2013 // Small commercial lines insurance customers most value having an insurance agent or broker who completely understands their individual business and helps them assess and manage their risk. The highest-ranked small business...
Risk Management Services Launches Group E&O Plan for Life, Health Agents
Aug 30 2013 // Risk Management Services (RMS) has established a group errors & omissions insurance plan for life and health insurance agents in partnership with Gotham Insurance Co. Applications must be submitted via the...
Conn. Supreme Court Reverses Trial Court Ruling, Says Acordia Didn’t Breach CUIPA
Aug 28 2013 // The Connecticut Supreme Court issued a ruling in favor of Acordia insurance brokerage Monday. The Connecticut Supreme Court, the state’s highest court, reversed a lower trial court’s 2010 ruling that previously...
Flanigan Named CEO of ASCnet
Aug 27 2013 // Barbara Flanigan, a 30-year insurance industry veteran, has been named CEO of Applied Systems Client Network (ASCnet), the user group of Applied Systems technology. Barbara Flanigan Flanigan joins ASCnet from Gallagher...
Johannsen Joins Sullivan Brokers
Aug 27 2013 // Los Angeles, CA, 8/27/13 – Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that effective August 26, 2013; Clancy Marie Johannsen has joined the firm’s Professional & Management...
Massachusetts High Court Rules for Horace Mann in Policy Reformation Case
Aug 26 2013 // The Massachusetts Supreme Judicial Court, the state’s highest court, recently ruled in favor of an insurance carrier in a case involving a mutual misunderstanding by both the homeowners policyholder and an insurance...
Johannsen Joins Sullivan Brokers in California
Aug 26 2013 // Sullivan Brokers Wholesale Insurance Solutions named Clancy Marie Johannsen to the firm’s professional and management liability practice group in the position of vice president. Johannsen specializes in...
Worldwide Facilities Appoints Casualty Broker in New York
Aug 22 2013 // Worldwide Facilities, a Los Angeles-based independent surplus lines broker and managing general agency, appointed Kitti Peters as vice president and casualty broker with a specialization in construction. She based in...
Xchanging Names Ahern as Fiduciary Lead for Brokerage Service Operation
Aug 22 2013 // UK-based Xchanging, the business process, procurement and technology services provider, has appointed Kevin Ahern as Fiduciary Lead for its broking services business, XBS. He reports directly to Barry Milchem, XBS...
Butler Joins All Risks’ South Central Team as Energy Broker
Aug 21 2013 // Independent insurance wholesaler All Risks Ltd. announced that Luke Butler has joined its newly formed South Central operation as a broker focused on energy and marine related business. He is based in Metairie, La. Butler...
BMS Appoints Douetil as Group CEO; Cook CEO of UK Broker Entity
Aug 21 2013 // The UK’s BMS Associates, a specialist independent broker and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer. BMS Associates is the parent company of BMS Group Limited, its UK...
Maryland Automobile Insurance Fund Withdraws Proposal to Gain Policy Rights
Aug 19 2013 // The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last week withdrew its proposal to gain “sole and exclusive property” rights to all MAIF...
Q2 Revenue Growth Strong for Mid-Size, Large Privately-Held Agencies: Survey
Aug 19 2013 // Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting...
101 Sales & Marketing Ideas for Agencies
Aug 19 2013 // Insurance Journal has listened to readers, spoken with experts, combed through columns and articles and even searched outside insurance circles to find the best sales and marketing tips for independent agencies today. Here...
The Fight for Policy Ownership
Aug 19 2013 // There are times when what agents don’t know can hurt them, and this is one of them. I refer to the all-too-often overlooked, and recently targeted, ownership of policy “expirations” – policy,...
