Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Ariel Re Obtains Approval to Launch Managing Agent at Lloyd’s
Oct 5 2022 // Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has obtained approval to launch a managing agent at Lloyd’s of London. The new managing agency, Ariel Re Managing Agency (ARMA),...
Auto-Owners, Erie, Cincinnati, Hartford, Hanover Tops in Agents’ Satisfaction: J.D. Power
Oct 4 2022 // Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power...
Ardonagh Europe Completes Acquisition of Dutch Broker Léons Group
Oct 4 2022 // Ardonagh Europe Ltd., a subsidiary of The Ardonagh Group, announced that it has completed the acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the...
America’s Best Independent Agencies to Work For
Oct 3 2022 // The votes are in for the 2022 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2022 highlighted the importance of competitive salaries, employee benefits, training and education,...
‘Best Practices’ Agencies Tout Record Highs in Organic Growth, Profitability: Study
Oct 3 2022 // As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best...
Australia’s AUB Completes Acquisition of Lloyd’s Broker Tysers from PE Firm Odyssey
Sep 30 2022 // Australia’s AUB Group Ltd. (AUB) announced it has completed its acquisition of leading Lloyd’s wholesale broker Tysers from Odyssey Investment Partners. The acquisition, which was first announced in May 2022,...
Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year
Sep 29 2022 // Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of America (the Big I), effective Oct. 1. Symington joined the Big I in 2004 on the government...
California Cites Home Health Agencies $2M for Misclassifying 66 Workers
Sep 29 2022 // The California Labor Commissioner’s Office cited Angel Connection Nursing Care and Angel Connection Nursing Services for improperly misclassifying 66 home health care workers as independent contractors. Investigators...
Unlicensed Louisiana Agent Arrested for Insurance Fraud
Sep 28 2022 // In June 2021, Troopers from Louisiana State Police Insurance Fraud/Auto Theft Unit New Orleans Field Office (LSP-IFAT-NFO) began an investigation into a Marrero business providing fraudulent insurance policies. Troopers...
Acrisure Buys UK Broker CRK Commercial Insurance Services Ltd.
Sep 28 2022 // Acrisure, the fintech company that operates a top-10 global insurance broker, announced it had acquired CRK Commercial Insurance Services Ltd., the specialist commercial schemes provider. Financial details of the deal,...
Big ‘I’ and Reagan Consulting Release 2022 Best Practices Study Results
Sep 23 2022 // As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best...
Colorado Insurance Agencies RSS and DLP form Conexus Insurance Partners
Sep 23 2022 // Westminster insurance agencies RSS Insurance Services and Day Larsen Pedersen Insurance have merged into one, local independent insurance agency serving the Colorado community. The firms are now Conexus Insurance Partners....
PCF Insurance Buys Peak Performance Brokerage, its 112th Acquisition This Year
Sep 22 2022 // PCF Insurance Services, a burgeoning brokerage based in Utah, has acquired Peak Performance Team, a brokerage that offers financing and insurance packages to automobile dealers in the United States. PPT, headquartered in...
Big I President & CEO Rusbuldt to Retire Next Year
Sep 19 2022 // The longest tenured top executive of the Independent Insurance Agents & Brokers of America (Big I) has decided to step down. Bob Rusbuldt, who has been the CEO of Big I since 2001, informed the association’s...
4 Issues Facing Contractors That Agents Must Know
Sep 19 2022 // Despite the plethora of construction work currently available thanks to state and federal infrastructure investments and the pent-up demand for new housing it’s a challenging time for contractors. Several factors...
PCF Insurance Agencies Create Western Pacific Partners Group
Sep 15 2022 // Washington-based agencies Fortiphi Insurance and Western Pacific Insurance, both agency partners of PCF Insurance Services, announced the formation of the Western Pacific Partners Group led by Michael Ebert and Gabe...
Biz Moves: King Insurance Acquires Two More Agencies in Florida
Sep 12 2022 // King Insurance, a rapidly expanding brokerage based in Gainesville, Florida, has announced the acquisitions of two more Florida agencies. King officials said that it bought Tallahassee-based Brad Burns Insurance, which...
Last Chance to Nominate for Best Agencies to Work For 2022
Sep 6 2022 // Is your agency a Best Place to Work? Then it’s time to nominate your agency as a “Best Agency to Work For.” To nominate your agency, you must be a current employee of the agency you are nominating. A...
Round out a home’s protection with a new “stand-alone” earthquake option for Independent Agents in WA & OR
Sep 6 2022 // MILL CREEK, WA, September 6, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon. “One of the...
XPT Unifies Binding and Brokerage Division
Sep 6 2022 // September 6, 2022 – XPT announced today the launch of the binding and brokerage division unifying Western Security Surplus, Sierra Specialty, and LP Risk to one consolidated brand, XPT Specialty – your eXpert Partner...
