Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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,...
People
Aug 19 2013 // The Hartford Financial Services Group promoted Patricia McEvoy to chief ethics and compliance officer. In her previous role, McEvoy was vice president and assistant general counsel in the corporate and property/casualty...
60% of Direct Buyers Eventually Return to Independent Agents: Study
Aug 19 2013 // Most customers who are lured away from independent agents by direct insurers promising lower prices will ultimately return to an independent agent. According to a recent study commissioned by The Hanover Insurance Group,...
Want to Make More Money in the Insurance Business? Specialize.
Aug 16 2013 // Insurance producers who specialize in an industry or insurance product line make more money than those who don’t. Likewise, agencies that encourage their producers to specialize bring in more revenue than those...
How to Manage the Winds of Change for High Net Worth Clients
Aug 16 2013 // As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years points to some startling trends: • Atlantic named storms in the month...
Applied Systems Acquires Insurecom in U.K.
Aug 14 2013 // University Park, Ill.-based insurance software provider Applied Systems Inc. has acquired Insurecom, a software and connectivity solutions company focused on the insurance industry in the United Kingdom. Under the deal...
