Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies
Feb 28 2025 // Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them...
Connecticut Lawmakers Ban Use of Foreign-Made Drones by State, Local Agencies
Feb 28 2025 // HARTFORD, Conn. (AP) — Connecticut lawmakers passed emergency legislation this week prohibiting state agencies and municipalities from purchasing or using Chinese and Russian drones while also imposing restrictions on...
Claims Service, Tech, Communication Top Independent Agent Concerns
Feb 26 2025 // Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300...
Big Threat? Payroll Companies Taking Insurance Biz Away From Agencies, Agents Warn
Feb 26 2025 // Insurance agents in Florida and beyond are finding that some of their toughest competition now seems to be coming from firms that aren’t really insurance agencies at all – at least not in the historical sense of...
Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 26% in 2024
Feb 24 2025 // The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter of 2024. This was 11% less than a year...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents?
Feb 24 2025 // If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its...
Developing Leaders in Insurance Agencies
Feb 24 2025 // Understanding the strengths and weaknesses of your team is crucial–especially for insurance agency owners. Recognizing personal limitations allows leaders to strategically delegate tasks and fill talent gaps with the...
World Insurance Acquired Grandview Brokerage of Brooklyn
Feb 20 2025 // National insurance broker World Insurance Associates LLC announced that it acquired the business of Grandview Brokerage LLC of Brooklyn, New York last November. Grandview provides commercial and personal insurance with...
Former Florida Broker, Others Charged in Insurance Fraud Schemes
Feb 20 2025 // One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three...
Insurance and Technology: A Dynamic Duo for Modern Agencies
Feb 20 2025 // This post is part of a series sponsored by Darkhorse Insurance. In the ever-evolving landscape of the insurance industry, a powerful alliance has emerged – the dynamic duo of insurance and technology. This partnership...
Former Ohio Insurance Agent Sentenced to Probation for $1.4M Theft
Feb 19 2025 // A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 million. Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need...
Markets/Coverages: Cyber Portfolio Quoting for US Brokers From CFC; New DUAL Fine Art Coverage Capacity; Falcon Risk’s Pro Liability for Agents, Brokers
Feb 19 2025 // CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now...
Insurance Services of New England Adds 8 Connecticut Agencies
Feb 13 2025 // Regional independent agency network Insurance Services of New England (ISNE) reported it has expanded into Connecticut with eight additional agencies. The Connecticut agencies ISNE is welcoming to its network are Ahrens,...
Making the Shift in 2025: How to Become an Independent Insurance Agent
Feb 13 2025 // This post is part of a series sponsored by Darkhorse Insurance. The insurance industry is evolving rapidly in 2025, making it the perfect time to learn how to become an independent insurance agent. Agents should embrace...
North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy
Feb 12 2025 // A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department...
First MainStreet Adds 4 Partner Agencies
Feb 11 2025 // First MainStreet Insurance L.C. has announced addition of four new partner agencies. Borchardt Agency joined the platform on January 1st. Justin Borchardt, a third-generation insurance owner, has partnered with FMSI and...
People Moves: Marsh Names Former AXA XL Exec as UK Chair; Rokstone Taps Howden’s Winsley as Capacity Mgr. and Broker Relationship Dir.
Feb 11 2025 // This edition of International People Moves details appointments at the broker Marsh and the managing general agency Rokstone. A summary of these new hires follows here. Marsh Names Former AXA XL Exec as UK Chair Marsh, the...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents?
Feb 10 2025 // If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its...
Clear Group Acquires Irish Broker Phelan Caswell Insurances
Feb 6 2025 // The Clear Group, the London-based insurance intermediary, announced the acquisition of broker Phelan Caswell Insurances, based in Dublin, Ireland. The deal also sees Clear acquire the financial planning assets of the...
Washington Insurance Agent Charged With Stealing $424K in Premiums
Feb 6 2025 // A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. Edward Hadley was charged with nine counts of first-degree...
