Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
California Cites Agencies, Foster Farms $3.8M for COVID-19 Sick Leave Violations
Apr 27 2022 // The California Labor Commissioner’s Office cited three temporary staffing agencies as well as joint employers Foster Farms, LLC and Foster Poultry Farms nearly $3.8 million for failure to inform 3,476 temporary...
Last Stockpile of Chemical Nerve Agent Destroyed in Kentucky
Apr 22 2022 // The last stockpiles of a deadly chemical agent in the U.S. have been safely eliminated, according to Kentucky officials in charge of destroying the Cold War-era weapons. The final M55 rocket containing VX nerve agent was...
Risk Strategies Acquires Texas’ Advisor Brokerage Services
Apr 21 2022 // Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms of the deal were not announced. Although well established in the state, ABS is the...
Hilb Group Acquires Vermont’s Paige & Campbell and Taylor Palmer Agencies
Apr 21 2022 // National insurance agency The Hilb Group reports it has acquired Vermont-based Paige & Campbell, Inc., and its subsidiary the Taylor Palmer Agency in Bradford, expanding the company’s growing presence throughout...
Florida Agents Must Return $4M in Unearned Commissions From Insolvent Gulfstream
Apr 21 2022 // Insurer insolvencies are hard enough on policyholders and company executives, but local agents across Florida also are feeling the pain from one recent liquidation and may soon feel it from others. The Florida Department...
Former California Insurance Agent Arraigned for Stealing Premiums
Apr 20 2022 // Former California insurance agent Marc Leigh Miles, 71, formerly of Irvine, and currently residing in Eagle, Idaho, was arraigned on nine felony counts of grand theft, insurance fraud, and forgery after allegedly stealing...
Wendy Sanderson Joins Breckenridge Insurance Brokerage Team
Apr 19 2022 // Atlanta, Ga., April 19, 2022 — Breckenridge Insurance welcomes Wendy Sanderson, CIC as a broker/assistant vice president with more than 25 years of industry experience. She is primarily focused on workers’...
Indiana Travel Agent Sentenced For Wire Fraud
Apr 18 2022 // Maria Caceres an Indiana travel agent was sentenced last week to 30 months in federal prison following her conviction of wire fraud, to which she had previously plead guilty. According to court records, the 56-year old...
King Brokerage Acquires Ameriway in NE Florida
Apr 18 2022 // The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced. Ameriway provides commercial and personal lines coverage and was founded by Charles Hayes....
Producer and Carrier Contracts: An Agent’s Lifeblood, But Will Your Contracts Save You?
Apr 18 2022 // The world is a different place today. In days gone by, agents focused on protecting their expiration rights from carriers and producers stealing their books of business. From many angles, those were the halcyon...
What Young Agents Think
Apr 18 2022 // This issue of Insurance Journal features exclusive results from the 2022 Young Agents Survey where nearly 300 young agents nationwide shared their views on the insurance industry and their experiences as agents. This...
Young Agents Remain Optimistic About Career Choice But Concerned About Economy
Apr 18 2022 // Editor’s Note: To view the complete results of the 2022 Young Agents Survey and corresponding charts download the full issue at: https://www.insurancejournal.com/magazines/ Young agents are an optimistic bunch when...
Former California Insurance Agent Arraigned for Allegedly Stealing Premiums
Apr 14 2022 // Formerly licensed insurance agent David Lance Hall, 64, of Bakersfield, California, was arraigned this week in Kern County Superior Court on six felony counts of theft and misappropriations of fiduciary funds after...
Advice for Casualty Insurance Brokers: ‘Get Out of the Pajamas’
Apr 13 2022 // Asked for the latest thoughts on the role of the broker in managing client expectations against the headwinds of a difficult casualty insurance market, one panelist during Advisen’s Casualty Insights Conference said...
Xenia Buys Majority Stake in Hong Kong’s Capstone Insurance Brokers
Apr 13 2022 // Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone Insurance Brokers Ltd., a Hong Kong-based insurance broker with specialist expertise in...
Georgia Authorities Looking for Insurance Agent after $32,000 Goes Missing
Apr 12 2022 // Georgia authorities were searching for a South Georgia insurance agent who allegedly absconded with thousands of dollars in premium payments but never provided insurance policies. Georgia’s insurance...
NFP Acquires Dublin-Based ReSure Corporate Brokers
Apr 12 2022 // NFP, the New York City-based property/casualty insurance broker and consultant, has acquired Irish-owned ReSure Corporate Brokers, a specialist commercial insurance broker. Financial details of the transaction were not...
Broker WTW Reports Commercial Rates Are Starting to Stabilize Except for Cyber
Apr 8 2022 // Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update. The exception, as it has been, is cyber...
ALKEME Acquires ERM Insurance Brokers in California
Apr 8 2022 // ALKEME acquired ERM Insurance Brokers in Santa Ana, California. ERM specializes in Hospitality, construction, cannabis, manufacturing, woodworking, cyber and retail/wholesale. Ladera Ranch, California-based ALKEME is...
Hub International Buys Maryland Broker Marketing Management Associates
Apr 8 2022 // Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms of the transaction were not disclosed. Marketing Management Associates is a commercial...
