Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Tennessee State Senator, Insurance Agent Tracy to Run for Congress
Jan 4 2013 // State Sen. Jim Tracy officially announced Wednesday that he will run for the congressional seat held by fellow Republican U.S. Rep. Scott DesJarlais, saying the embattled lawmaker has deceived his constituents and needs to...
Fidelity National Financial Buys Health Insurance Broker Digital Insurance
Jan 3 2013 // Florida-based title insurer and financial services firm Fidelity National Financial Inc. has acquired Digital Insurance Inc., a health insurance distribution and benefits management firm for small and medium sized...
Confie Seguros Buys 3 More Florida Brokerages
Jan 3 2013 // Hispanic market-focused insurance agency network Confie Seguros said it has acquired three insurance brokerages in Florida that will strengthen the company’s operations in that state. Confie Seguros completed the...
Attorney Behind $43M Award for Ohio Agent Against Nationwide Insurance to File Class Action
Jan 3 2013 // An Ohio law firm that represented a former Nationwide Insurance agent for a $42.8 million jury verdict is getting ready to file a class action against the insurer “in the near future.” Attorney Caryn Groedel...
Oklahoma Agent Joins InVEST Board
Jan 3 2013 // InVEST, the insurance industry career education program, announced that Denise Johnson has joined its national board. Johnson is vice president and insurance producer of ECI Agency in Piedmont, Okla. Johnson is former...
Evolution of Cyber Coverage: How to Sell to Today’s Businesses
Jan 2 2013 // The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines
Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines. Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Ohio Insurance Agencies To See License Fee Change
Dec 31 2012 // The state is lowering the fee Ohio insurance agents and agencies pay to have their licenses renewed late or reinstated. Lt. Gov. Mary Taylor, who also leads Ohio’s Department of Insurance, says the move is aimed at...
Program Specialists: Thriving in All Market Conditions
Dec 31 2012 // There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment. That may be the case for some species but it’s...
P/C Insurance Agents: What Did You Sell This Year?
Dec 31 2012 // Was 2012 a good year for you? Did you close some good accounts? How did it feel? Tell us about it. You don’t have to give away names but share your stories. Boast a little. Take some credit. Give credit to others....
Most Commercial Insurance Buyers Accept Coverage Changes, Price Hikes: Survey
Dec 28 2012 // The vast majority of commercial insurance buyers renewing their policies appear willing to accept coverage adjustments, moderate price increases, or both, according to a new survey. Still, the survey of risk managers and...
6 Things for Independent Agents to Worry About in 2013
Dec 28 2012 // The 100-plus year-old independent agency distribution system is expanding, according to Future One’s 2012 Agency Universe Study. The number of independent agencies, it states, has recently increased to 38,500. Still,...
Farmers Agents Sue Carrier Over Contracts, Taking Client Info
Dec 27 2012 // A group of Farmers Group Inc. agents have filed a lawsuit in Los Angeles Superior Court alleging the Los Angeles, Calif.-based carrier has undercut them by sharing their data with a competing subsidiary and several...
Canadian Private Equity Firm Onex Completes USI Acquisition
Dec 27 2012 // Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The...
N.C. Farmer Pleads Guilty to Million Dollar Crop Insurance Fraud
Dec 26 2012 // Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million. According to authorities, Harry...
Charges Filed Against Former Utah Insurance Agent
Dec 20 2012 // The Utah Insurance Department’s fraud division has filed criminal charges against former insurance agent Stewart Ian Rodgers. Rodgers has been operating under the name “SIR Insurance Group Online.” The...
Keystone Insurers Group Adds 2 Georgia-Based Agencies
Dec 20 2012 // Keystone Insurers Group announced the addition of two independent agencies in Georgia to its franchise business for a total of 10 in the state. The new franchise partners are Jowers-Sklar Insurance and The Harbin Agency....
Insurance Agents & Brokers of Pennsylvania Adds New Board Member
Dec 19 2012 // The Insurance Agents & Brokers of Pennsylvania announced Joseph Pastor, CEO of Barr’s Insurance in Oil City, Penn., has joined the association’s statewide board.Joseph PastorThe Insurance Agents &...
UBS Admits Fraud in Libor Rigging Scheme; To Pay $1.5 Billion Fine
Dec 19 2012 // Swiss bank UBS swallowed a $1.5 billion fine and admitted to fraud on Wednesday after a global probe revealed its staff orchestrated the manipulation of benchmark interest rates over three continents. UBS traders colluded...
