Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People Moves: Padilla Named President of the Independent Insurance Agents of Illinois
Oct 18 2023 // Allyson Padilla Named President of the Independent Insurance Agents of Illinois Allyson Padilla of Blank’s Insurance Agency in Olney, Illinois, has been elected and was formally installed as the President of the...
King Insurance Partners Acquires Nashville’s Thetford Brokerage
Oct 18 2023 // King Insurance Partners, a brokerage headquartered in Gainesville, Florida, has continued its steady growth with the acquisition of Thetford Insurance Services in Tennessee and Kentucky. Thetford, a boutique firm based in...
Gallagher Acquires International Broker Clements Worldwide
Oct 18 2023 // Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Washington, D.C.-based Clements Worldwide. Clements is an international insurance broker serving expats, diplomats and military personnel...
NFP Acquires Florida Broker
Oct 17 2023 // Global insurance broker NFP announced it has acquired Benefits & Co., the Florida benefits business of Clearscope, a benefits services and software firm with offices in New York and New Jersey. Based in Sunrise,...
Slide Assumes 86,000 Farmers Policies in Florida, Offers Appointments to Agents
Oct 16 2023 // Tampa-based Slide Insurance, which has made a practice of assuming Florida policies from other insurers in the last two years, said it has acquired renewal rights to 86,000 homeowner policies from Farmers...
Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
Oct 16 2023 // Independent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn’t mean they aren’t keeping their options open due to the rising cost of premiums. According to the J.D....
Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case
Oct 16 2023 // The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was convicted of premium fraud in 2011 and lost his insurance license. Jose Uribe allegedly got...
The Connectivity Challenge and the Future of Insurance Agents
Oct 16 2023 // Connecting the insurance ecosystem through the power of technology could answer the decades-old problem of duplicate entry for agents. Agents still must navigate through multiple carrier portals to complete a single quote,...
Summit: How Cannabis Brokers Can Get SMB Clients Better Insurance
Oct 13 2023 // Powered by InsuranceJournal.tv Big multistate operators often get the bend-over-backward treatment from all service providers, but what are insurance brokers looking to get the same treatment for their small-to-midsize...
Media Entrepreneur Wants to Unite Young Activists with Power Brokers to Make Social Media Safe
Oct 13 2023 // A media entrepreneur is trying to connect young people disturbed by the impact of social media on mental health with older power players to fight for change in how tech companies do business. The newly-formed Sustainable...
Aon Plc Acquires India’s Global Insurance Brokers
Oct 6 2023 // Global Insurance Brokers, a major provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent, announced its acquisition by Aon plc. Financial details of the deal, which is subject...
New Jersey Insurance Agent, Contractor Arrested on Workers’ Compensation Fraud Charges
Oct 6 2023 // A New Jersey insurance agent and the owner of painting company were arrested this week on allegations of insurance fraud. Morris County Prosecutor Robert J. Carroll and Morris County Chief of Detectives Robert McNally...
Dually Licensed Broker-Dealers Spell More Compliance Duties for Insurance Carriers
Oct 4 2023 // This post is part of a series sponsored by AgentSync. Insurance carriers often have their hands full trying to verify and make sure that all of their in-house and external distribution partners are in compliance with every...
Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
Oct 3 2023 // Independent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn’t mean they aren’t keeping their options open due to the rising cost of premiums. According to the J.D....
Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida
Oct 3 2023 // Almost two years after Progressive Insurance announced it would stop renewing some homeowners policies in Florida, Flo and crew have dropped another 100,000 HO and landlord policies in the state. The insurance giant and...
10 Basic Tenets for Successful Family Owned Agencies
Oct 2 2023 // The presence of family run businesses continues to play a major role in the U.S. economy. From rural mom and popyshops to international conglomerates, family businesses are at the foundation of our economy. Ford Motor...
2023 Best Independent Insurance Agencies to Work For
Oct 2 2023 // The votes are in for the 2023 Best Independent Insurance Agency to Work For survey by Insurance Journal. OVERALL Mackoul Risk Insurance Solutions, Morristown, New Jersey; Long Beach, New York EAST Gold: National Church...
Agents, Insureds Said Surprised by Nationwide’s 10,000 Nonrenewals in NC
Sep 29 2023 // In February, Nationwide Mutual Insurance filed notice with the North Carolina Department of Insurance that it would non-renew some 10,525 homeowner policies in the state due in large part to the growing risk from climate...
Illinois Appellate Court Rules Freight Broker Not Liable for $18M Jury Award in Teen’s Brain Injury Case
Sep 28 2023 // A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday. A panel of the 1st...
Re/insurance Broker UIB Expands in South America With Launch of 2 Firms in Peru
Sep 28 2023 // United Insurance Brokers (UIB), the London-based international re/insurance broker, has announced an agreement to create two new companies in Peru, expanding the UIB Group footprint in South America. UIB has taken an...
