Latest Agencies Headlines

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

California Earthquake Authority Selects Broker Team for Reinsurance Program

Dec 12 2008 // The California Earthquake Authority Governing Board today approved a team of reinsurance intermediaries to work on the CEA’s behalf to meet its reinsurance needs. AON Benfield will act as lead intermediary, with Guy...

HCC Insurance Holdings Acquires Arrowhead Public Risk, U.S. Risk Insurance Brokers’ Criminal Justice Division

Dec 12 2008 // Houston-based HCC Insurance Holdings Inc.has acquired Arrowhead Public Risk, a division of Arrowhead General Insurance Agency Inc., and also acquired the Criminal Justice division of U.S. Risk Insurance Brokers. The...

Agents and Wholesale Brokers Team Up for Food Bank

Dec 12 2008 // The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts recently to collect food and money for the Capital Area Food Bank in Austin, Texas. Food and money were collected at...

S.H. Smith & Company Launches Bus Program Website

Dec 11 2008 // Company enhances Customer Service through new Bus Website Hartford, CT – S.H. Smith & Company, Inc. is proud to announce the launch of its new website: http://www.shsmithbus.com. Developed to augment its...

Crump Adds Broker, Associate Broker in Dallas and Austin

Dec 11 2008 // Crump Insurance Services has added Babs Driscoll as broker in its Houston, Texas, office and Camille Wilkerson as associate broker in Austin. Driscoll works in the property and inland marine brokerage and underwrites...

Higher Response Rates for Insurance Agents

Dec 10 2008 // December 10, 2008 – Broomall, PA. Are you looking to grow your agency? Tired of dead end leads? A few years ago the only option for an insurance agent was to buy leads. Most agents will tell you that the leads...

AXIS Capital to Acquire Managing General Agent Dexta

Dec 10 2008 // Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to acquire the business and operations of Australian managing general agent Dexta Corporation Pty Ltd. from its shareholders, Ironbridge Capital,...

Study: Independent Agency System Stable and Growing

Dec 10 2008 // The number of independent agencies has stabilized — that’s one of the key findings of the 2008 Agency Universe Study. Future One, a collaboration of the Independent Insurance Agents & Brokers of America...

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 // Ā­Ā­Ā­Lockton 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,...