Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Federal Agencies Issue Guidance on Discrimination Related to DEI Programs
Apr 7 2025 // On March 19, the U.S. Equal Employment Opportunity Commission (EEOC) and the U.S. Department of Justice (DOJ), jointly issued technical assistance documents focused on educating the public about unlawful discrimination...
Texas Judge Awards Nearly $2M for FBI Agent’s Fatal Shooting
Apr 7 2025 // A federal judge has awarded nearly $2 million in damages as part of a civil lawsuit after concluding an FBI agent was negligent when he fatally shot a kidnapped Texas man during a botched rescue attempt in 2018. The family...
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
Apr 4 2025 // The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions seen in January,...
Arthur J. Gallagher & Co. Acquires Brokers in UK and Australia
Apr 3 2025 // Arthur J. Gallagher & Co. this week announced two acquisitions – of the UK’s Bircroft Insurance Services and Australia’s Tresidder Insurance Brokers. Financial details of the transactions were not...
MEMIC Recognizes Three NE Agencies for Service to Policyholders
Apr 3 2025 // Workers’ compensation specialist insurer MEMIC, based in Maine, has recognized three agencies in the Northeast for top service to policyholders. HUB International Northeast, with offices in New York City; Brown &...
What Talent Gap? Making Adjuster Management a Recruiting Point with AgentSync
Apr 1 2025 // This post is part of a series sponsored by AgentSync. Onboarding processes are often a barrier to recruiting and retaining talented claims adjusters, but one innovative insurance services firm flipped the script by...
Young Agents: Last Chance to Share Your Thoughts on Insurance Industry
Mar 31 2025 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for...
EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market
Mar 31 2025 // European financial authorities are exploring ways to streamline oversight of the €1.2 trillion ($1.3 trillion) asset-backed securities market and simplify reporting requirements, according to a report that offers...
State Farm Insurance Agents Can Now Offer Personal Loans
Mar 27 2025 // In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S. Bank personal loans for up to $50,000 working directly with their insurance agent. The new offering joins...
Miami Insurance Broker Sentenced to 3.5 Years in Condo Premium Finance Scheme
Mar 27 2025 // A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’...
How Are Insurance Agent Commissions Calculated?
Mar 26 2025 // This post is part of a series sponsored by Darkhorse Insurance. Ever wonder how much you’re really earning every time you close a deal? Understanding your insurance agent commission structure is the key to knowing...
Your Guide to Successfully Adopting an All-In-One Agency Management System
Mar 25 2025 // This post is part of a series sponsored by EZLynx. Are you juggling multiple systems to manage client data, policies, and communications? Maybe your business is stuck with outdated legacy systems or you’re relying on...
Markets/Coverages: SiriusPoint, Broker Holmes Murphy’s Umbrella Excess for Captives
Mar 24 2025 // SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in...
Medicare Open Enrollment Season: Best Practices for Carriers, Agencies, and MGAs/MGUs
Mar 24 2025 // This post is part of a series sponsored by AgentSync. For carriers and agencies that sell Medicare Advantage, Supplement, or Part D plans, Medicare open enrollment season is always right around the corner. If you’re...
From Investigations to Legislation: Florida Lawmakers Weigh Changes for Insurers and Agents
Mar 24 2025 // Florida legislative leaders, facing increasing pressure from the public and the press, pledged to investigate property insurers’ financial structures as they met in Tallahassee in early March. And bills filed before...
Restaurants, Insurance Agents Strive for Stability as Costs Continue to Rise
Mar 24 2025 // This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024. The rising cost of labor and food, along with the ongoing struggle to recruit and retain employees, remain among the...
Boosting Client Service Efficiency for Independent Agents: Transform Your Agency with EZLynx Account Summarization
Mar 21 2025 // This post is part of a series sponsored by EZLynx. It’s no secret that the insurance industry has been grappling with a talent shortage, and it’s creating some big challenges—especially for independent...
Wall Street Brokers Start Trading Insurer Claims From LA Fires
Mar 20 2025 // Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the...
Young Insurance Agents – Share Your Thoughts About the Industry Today
Mar 20 2025 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is once again looking for young insurance agents to participate in this year’s Young Insurance Agents...
Third Time’s No Charm as Insurance Agent Is Charged Again
Mar 20 2025 // A grand jury for Baltimore County has handed down an indictment charging Michael C. Okolo, of Parkville, Maryland, with theft of property valued at $100,000 or more. This is the third time since September 2024 that Okolo...
