Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Gallagher & Co. Acquires Treiber Agencies
Dec 10 2008 // Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisitions of The Treiber Group LLC and Treiber Agency Group LLC, both located in Garden City, N.Y. Terms of the transactions were not...
Apex Global Partners Acquires Benefit Broker in Dallas
Dec 8 2008 // Apex Global Partners (AGP) announced the acquisition of Brooks Bitter and Associates, a privately owned employee benefits brokers in Dallas. Brooks Bittner and Associates provides benefit department outsourcing, health and...
Hundreds Expected at Southern California Networking Event
Dec 8 2008 // SAN DIEGO – (December 8, 2008) – Attracting and retaining new customers is expensive – five times more expensive than keeping an existing customer – according to a report issued by Ohio State...
Ubhi Joins Lockton Insurance Brokers in San Francisco
Dec 5 2008 // Lockton Companies has appointed Harpreet Ubhi account executive for the company’s Financial Services Practice. He will be based in the company’s San Francisco office. Ubhi has worked in the risk...
California Insurance Agents Arrested for Stealing More Than $30,000
Dec 5 2008 // California Insurance Commissioner Steve Poizner announced the arrest of two insurance broker/agents on felony grand theft charges. Carlos Alarcon of Chino, Calif., and Juan Garcia of Temecula, Calif., allegedly defrauded...
Prudential to Sell Securities Brokerage Business Stake to Wells Fargo
Dec 4 2008 // Prudential Financial Inc., the second-largest U.S. life insurer, said it plans to sell its 38 percent stake in the Wachovia Securities brokerage to Wells Fargo & Co. The stake is worth about $5 billion, or more than...
Agents Speak Out on ‘Putting Back the Pieces’ after Brooke
Dec 4 2008 // “Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/owner of RKC Financial in the Dallas/Fort Worth Texas,...
Bright Spots and Challenges Go Hand in Hand in Louisiana
Dec 3 2008 // Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana...
Wisconsin Agents Name New Director of Education and Membership
Dec 3 2008 // Martha Lester-Mittenzwei recently joined the Independent Insurance Agents of Wisconsin (IIAW) as its new director of Education and Membership. Mittenzwei began her insurance career in the agency ranks, working her way from...
Financial Firms Sign Pact to Bar Lawsuits Over Employee Poaching
Dec 3 2008 // It’s getting easier for restless financial advisers to jump ship. Independent advisory firms are rushing to sign an agreement that bars lawsuits between signatories that hire away each other’s brokers. Almost...
Butschek Joins Insurance Specialty Group as Broker
Dec 2 2008 // Los Angeles-based Insurance Specialty Group’s Professional Liability Group named Catherine V.M. Butschek a broker in Dallas. Butschek began her insurance career in the retail arena. For the past 15 years, she has...
Jimcor Agencies Acquires Zaloom Associates
Dec 2 2008 // Montvale, New Jersey-based Managing General Agency Jimcor Agencies has acquired wholesale brokerage Zaloom Associates Inc. Zaloom Associates will be a division of Jimcor Agencies and will be located in the Montvale office,...
New North Carolina Insurance Chief Agrees Beach Plan Needs Help
Dec 1 2008 // North Carolina’s new insurance chief agrees with insurance industry critics that the state’s backup wind insurance pool, known as the Beach Plan, needs shoring up. “I have described our Beach Plan or...
Agents Speak Out on ‘Putting Back the Pieces’ After Brooke
Nov 30 2008 // Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and...
Agents ‘Putting Back the Pieces’ After Brooke
Nov 30 2008 // Brooke Group Declares Bankruptcy, Faces More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” says Roger Cunningham, former Brooke franchisee and agent/owner of RKC...
People
Nov 30 2008 // Willis Group Holdings appointed Phillip Ellis leader of a new division focused on growing the company’s Enterprise Risk Management business for Willis’ Global Retail and Specialty teams. He was most recently...
What the 2008 Election Means for Independent Agents
Nov 30 2008 // With incoming President-elect Barack Obama and major increases in the U.S. House of Representatives and the Senate, the Democrats will now control both chambers of Congress and the White House. The changing of the...
What the 2008 Election Means for Independent Agents
Nov 30 2008 // With incoming President-elect Barack Obama and major increases in the U.S. House of Representatives and the Senate, the Democrats will now control both chambers of Congress and the White House. The changing of the...
People
Nov 30 2008 // Safeco Insurance and Indiana Insurance, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Midwest...
Wanted: Agencies Focusing on Hispanic Market
Nov 30 2008 // The brains behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on the Hispanic insurance market within a few years,...
