Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
As Gun Sales Soar, Insurance Sales Follow Suit
Apr 11 2013 // Proposed federal and state gun legislation is having an unintended effect on growth in the gun insurance market across the country. Experts in this segment say new policy submissions dealing with all aspects of guns,...
Baltazar to Head New BrokersLink Global Employee Benefits Group
Apr 11 2013 // Independent insurance broker network BrokersLink has launched a Global Employee Benefits Practice Group and appointed Gerard Baltazar as its first Chairman. The group “will drive business development in the area of...
Chicago-Based MGA Joins Trusted Choice
Apr 10 2013 // The Independent Insurance Agents and Brokers of America (IIABA) announced that Chicago-based managing general agent Donald Gaddis Co. Inc. has joined the Trusted Choice consumer branding program for independent insurance...
New Willis Unit to Help Clients Meet Women, Minority Business Requirements
Apr 10 2013 // Willis has started a new practice group called Willis Open to help public entities and corporate businesses build alliances with minority-owned business enterprises (MBE) and women-owned business enterprises (WBE). The...
Strickland Acquires Va.-Based MGA Tower Transportation Underwriters
Apr 8 2013 // Strickland Insurance Brokers Inc., a wholly owned subsidiary of Goldsboro, N.C.-based Strickland Insurance Group Inc., announced it has acquired the assets of Palmyra, Va.-based Tower Transportation Underwriters Inc. Tower...
W.R. Berkley Corp. Divests, Connecticut Bank Acquires InsurBanc
Apr 8 2013 // InsurBanc — a federal savings bank founded by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corp. a dozen years ago — has joined Connecticut Community Bank N.A., based in Westport,...
Former Missouri Agent Pleads Guilty to Insurance Fraud Charges
Apr 8 2013 // A former St. Louis County insurance agent has pleaded guilty to 20 counts of fraud and theft charges, the Missouri Department of Insurance. After an investigation by the St. Louis County Police Department with the support...
Insurance Agent Charged with Workers’ Comp Fraud in Oklahoma
Apr 8 2013 // A Norman, Okla., insurance agent has been charged with fraudulently obtaining workers’ compensation insurance policies for roofing companies. Oklahoma Attorney General Scott Pruitt’s office on April 5 filed...
Cooper Gay Swett & Crawford Acquires 100% of its Brokerage in Chile
Apr 8 2013 // Cooper Gay Swett & Crawford Limited (CGSC), the global wholesale insurance and reinsurance broker, announced the acquisition of the remaining 49.99 percent shareholding in Cooper Gay Chile S.A. from Servicios Security...
Arthur J. Gallagher & Co. Acquires Advanced Benefit Advisors in New Jersey
Apr 8 2013 // Itasca, Ill.-based global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Advanced Benefit Advisors Inc. of Cherry Hill, N.J. Terms of the transaction were not disclosed. Established in 2005,...
Ex-Merrill Broker, Deutsche Bank to Pay Investor $11 Million
Apr 8 2013 // U.S. securities arbitrators ordered a former employee of Merrill Lynch, Deutsche Bank and Oppenheimer & Co. to pay nearly $11 million to an investor who alleged the broker misrepresented securities and made excessive...
The Right Career Choice for the Next Generation
Apr 8 2013 // The road to becoming a successful independent insurance agent is not always easy. The economy and often volatile property/casualty insurance market cycle are just two of the potholes agents must maneuver. Young agents in...
Personal Touch
Apr 8 2013 // Agents appear to be winning the race in home insurance — at least when it comes to claims. Home insurance claimants who file through agents show greater satisfaction levels — 50 points higher — than those who file...
Keeping Up With the Joneses
Apr 8 2013 // “So baby, let’s sell your diamond ring Buy some boots and faded jeans and go away This coat and tie is choking me In your high society you cry all day We’ve been so busy keepin’ up with the...
How to Navigate Addiction Rehabilitation Facilities Through Healthcare Reform
Apr 8 2013 // The medical community’s recognition of addiction as a disease has changed the way providers diagnose and treat the condition. As a result, facilities like alcohol and drug rehabilitation centers have had to expand...
Nebraska Agent Association Director Joins InVEST Board
Apr 5 2013 // InVEST, the insurance industry’s premier classroom to career education program, announced that Carol McClelland has joined its national board. McClelland is the executive director of the Independent Insurance Agents...
Hanford Nuclear Contractor Settles Lawsuit For $1.1M
Apr 4 2013 // A contractor at the Hanford nuclear plant in Washington has agreed to pay $1.1 million to settle a lawsuit filed by the Justice Department claiming the company used federal money to lobby for new government customers for a...
Maine-Based Agencies Turner Barker, Clark Insurance to Merge
Apr 4 2013 // Turner Barker Insurance, a Portland, Maine-based agency which had been a wholly owned subsidiary of Gorham Savings Bank for the past dozen years, will soon merge with Clark Insurance, an agency also based in Portland....
Mississippi Insurance Agent Denied New Trial in Kickback Case
Apr 4 2013 // A federal judge in Mississippi has denied arguments from Ecru insurance agent Ken Nowlin that he was given faulty advice by his attorney in a government kickback case. Nowlin was seeking a new trial. The Northeast...
‘Stranger Liability’ For California Wholesalers Settled, but Not Done
Apr 3 2013 // A few wholesalers groups are breathing a brief sigh of relief following a recent Los Angeles Superior Court decision in a lawsuit involving “stranger liability.” The issue was brought to light in Hull & Co....
