Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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....
Possible Resurgence in California’s Inland Empire Interests Agents
Apr 3 2013 // Known as “the 909,” or “the IE” by Southern Californians, terms sometimes intended as a slight, the sprawling desert area east of Los Angeles was a boomtown for commercial and residential...
Risk Point, LLC Seeks Agents for New Auto Dealer Physical Damage Program
Apr 3 2013 // New managing general agency Risk Point, LLC, is now accepting applications from independent agents and brokers throughout the United States to provide automobile dealer physical damage coverage for qualified franchised and...
High-Tech Personal Lines: Technology Changing the Way Agents Do Business
Apr 3 2013 // Many believe there is still opportunity for independent insurance agents and their carriers to grab personal lines market share. But to do so they must find a way to compete against the giant direct response and captive...
Astonish Announces Early Bird Pricing for Annual E-Agent Summit
Apr 3 2013 // Warwick, RI, 04/03/13 – Astonish, a leading digital marketing, technology, and training provider for insurance agencies and brokerages, is thrilled to announce early bird pricing for the upcoming E-Agent Summit taking...
Willis Acquires UK Indemnity Specialist Broker Prime Professions
Apr 2 2013 // Willis Group Holdings announced that it has “further enhanced its offering in the executive risk market by agreeing to acquire, through its subsidiary Willis Limited, PPH Limited and its subsidiary Prime Professions...
U.S. Announces $1.4B in Sandy Transit Aid to New York, New Jersey
Apr 1 2013 // The federal government announced $1.4 billion in aid last Friday, March 29, to transit agencies affected by Superstorm Sandy. Most of the aid announced by U.S. Transportation Secretary Ray LaHood is going to four agencies...
Home Insurance Claimants Who Use Agents Happier Than Those Who Don’t
Apr 1 2013 // Satisfaction among home insurance claimants who file through agents is 50 points higher than it is for those who file claims directly. However, the percentage of customers filing through direct channels continues to...
Project CAP CEO Bacciocco Shares Views on Consumer Agent Portal and 2013
Apr 1 2013 // Independent agents should soon be getting some help with their personal lines sales— better late than never. The delayed Consumer Agent Portal — backed by the Independent Insurance Agents & Brokers of America Inc....
