Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

RSA Is Latest Insurer to Join Managing General Agents’ Association

Jul 13 2012 // Global insurer RSA has become the latest member of the London-based Managing General Agents’ Association (MGAA), which now has 50 members with a combined underwriting capacity of £1.4 billion [$2.33 billion] in...

Towers Watson Appoints Howard Global Brokerage Leader; Eyre in New Post

Jul 13 2012 // Global professional services company Towers Watson has appointed Ross Howard as global leader for its insurance and reinsurance brokerage business, effective from October 1, 2012. He will succeed Bill Eyre who, after 14...

PFGBest Broker Scandal Leads to Calls for Insurance for Grain Trade

Jul 12 2012 // The largest U.S. grain trade group was stunned by the latest scandal to hit the futures industry when Iowa-based brokerage PFGBest collapsed after regulators accused the firm of misappropriating customer funds. “Even...

American Collectors Insurance Expands Collectibles Insurance Program

Jul 11 2012 // American Collectors Insurance, a provider of collector-vehicle and collectibles insurance, has updated its specialty coverage for valued collections with a more comprehensive, customizable coverage for a wide range of...

2 New Agencies Join N.J.’s Consolidated Insurance Agents

Jul 11 2012 // Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new agencies to its network last month. The Michaels Agency Inc. of Sewell, Gloucester...

Health, Benefits Market Offers Growth Opportunities for Midwest Agents

Jul 11 2012 // For many independent property/casualty agencies, one bright spot of opportunity in an era of otherwise lackluster growth has been the health and benefits market. Over the course of the past four or five years, savvy P/C...

Some South Central Agencies See Potential in Dynamic Health, Benefits Market

Jul 11 2012 // The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in the region,...

Nebraska Insurance Agent Facing Perjury Charge Running for Office

Jul 10 2012 // A Lincoln, Neb., insurance agent plans to continue running for re-election to a natural resources district board even though he is due to be sentenced for perjury next month. Larry Hall is also in the midst of bankruptcy,...

Tyner Receives Customer Service Award from Independent Insurance Agents of Texas

Jul 10 2012 // Independent Insurance Agents of Texas (IIAT) announced that Susan Tyner, commercial marketing account executive for Allred Thompson Mason Daugherty, a division of Higginbotham & Assocs. in Wichita Falls, was awarded...

President Obama Signs Flood Insurance Reform Bill

Jul 9 2012 // President Barack Obama has signed the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012” into law. The law extends the National Flood Insurance Program (NFIP) for five years and makes reforms...

Builder Agent Network Adds Hankins as Program Underwriter

Jul 9 2012 // Texas-based Builder Agent Network LLC announced that Debbie Hankins has joined the company as a program underwriter. Hankins will underwrite General Liability, Package, and Builders’ Risk for the MGA and will be...

ND Insurance Agents Banned From Business in State

Jul 6 2012 // North Dakota Insurance Commissioner Adam Hamm has ordered agents in Dickinson and Fargo to stop doing business in the state. Scott Biggs in Dickinson is accused of taking client money for personal use. Robert Medhus...

Virginia Insurance Regulator Offers Post-Storm Advice

Jul 6 2012 // The series of deadly storms that struck much of the mid-Atlantic last week left 12 people in Virginia dead and extensive damage in their wake. Virginia Insurance Commissioner Jacqueline Cunningham is advising consumers to...

Independent Insurance Agents of Texas Names Webb Young Agent of the Year

Jul 6 2012 // The Independent Insurance Agents of Texas (IIAT) announced that Andy Webb of Watkins Insurance Group in Austin was named the André P. Juneau Young Agent of the Year at IIAT’s 115th Annual Conference and Trade Show...

The Future of Producer Compensation

Jul 5 2012 // It is a fact that many people with the title “producer” don’t produce. They service and they accept what comes to them, but they do not produce. It is also a fact that companies are going to find a way to...

Agents Seek Diversified Role in Group Health/Benefits Arena

Jul 5 2012 // In recent years, a growing number of independent property/casualty agencies and brokerage firms have begun offering group health/benefits services to their clients. In interviews with Insurance Journal, agency executives...

Florida Agents, Adjusters Face Continuing Education, Licensing Changes

Jul 5 2012 // A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take to conduct business in the state. Among the changes:...

Neal Honored with Texas Agent Association’s Drex Foreman Award

Jul 5 2012 // The Independent Insurance Agents of Texas (IIAT) honored former Corpus Christi independent insurance agent Loyd Neal with the Drex Foreman Award presented at IIAT’s 115th Annual Conference and Trade Show in San...

Whitaker Named President-Elect, Arthur to Serve as VP of Texas Agents Association

Jul 3 2012 // Don Whitaker, president and owner of Whitaker Insurance Associates Inc. in San Antonio, has been named president-elect of the Independent Insurance Agents of Texas (IIAT) for 2012-201. The association elected Pat Arthur,...

Confie Seguros Adds 3 Agencies; Names Maxwell to M&A Post

Jul 2 2012 // Confie Seguros, a national provider of personal lines insurance focused on the needs of Hispanic consumers, continued its national expansion program with the the addition of three insurance agencies. Confie has completed...