Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
ISG’s Pacific Wholesale to Acquire E.L.M. Insurance Brokers
May 2 2008 // Insurance Specialty Group LLC, parent of Atlanta, Ga.-based Pacific Wholesale Insurance Brokers (Pacific Wholesale) entered into definitive agreements to acquire and merge with El Segundo, Calif.-based E.L.M. Insurance...
Insurance Brokerages rely on Live Transfer Insurance Leads
Apr 30 2008 // QuotesAuction.com has found that more and more insurance brokerages are purchasing live transfer leads in bulk. North Hollywood, CA – April 30, 2008 — Insurance brokerages earn money by taking a large number of...
New York Agents’ Group Gets New Lobbyist
Apr 30 2008 // Jill R. Muratori has joined Albany-based Barrett Associates as its new vice president and counsel, and will serve as a lobbyist for the Independent Insurance Agents and Brokers of New York. It will be familiar ground for...
Florida-based Old Dominion Insurance Earns Top Spot in Agent Survey
Apr 29 2008 // In a Florida Association of Insurance Agents commissioned survey, independent insurance agents ranked Old Dominion Insurance Co. as the top property-casualty carrier in the state. Jacksonville-based Old Dominion scored...
SIG Insurance Professionals Promotes Duncan to Executive VP
Apr 29 2008 // Dallas-based SIG Insurance Professionals named Jennifer Duncan executive vice president of the organization. SIG Insurance Professionals consists of Southern Insurance Group, Sovereign Insurance Group Inc. and SIG...
Agent Charged for Defrauding Businesses $2.5 Million-Plus
Apr 24 2008 // An insurance agent was arrested in California for defrauding 18 business owners by stealing more than $2.5 million in money they had paid him to take out insurance policies for their businesses, the California Department...
BB&T Insurance Services To Acquire Union Bank of California Brokerage
Apr 24 2008 // Raleigh, N.C.-based BB&T Insurance Services has reached an agreement with Union Bank of California North America to purchase its San Diego-based insurance subsidiary, UnionBanc Insurance Services Inc. The acquisition...
North Carolina Insurance Agent Charged with Embezzlement
Apr 24 2008 // North Carolina officials arrested a Newport, N.C. woman and charged her with one count of embezzlement by an insurance agent, according to Insurance Commissioner Jim Long. Heather Dawn Cagle, 34, who worked as an agent for...
The Gibraltar Group Opens Central Texas Office, Adds New Broker
Apr 24 2008 // The Gibraltar Group will open an office in Goldthwaite, Texas, on May 5 to serve businesses in Central Texas, the company reported. Warren Blesh, who has more than 25 years of commercial insurance experience, will lead...
Report: 2008 Insurance Agency-Broker Value Forecast
Apr 24 2008 // Marsh, Berry & Company Inc. has released an overview of the state of the insurance distribution system for 2008 and beyond. This research report documents historical and projected insurance agency/broker value, merger...
Breitstone Named CEO of Aon’s ASPN
Apr 23 2008 // Aon Corp. announced that Peter Breitstone, an independent agent, has been appointed president and chief executive officer of its marketing affiliate to independent agents, Agency Specialty Product Network Insurance...
NSM Insurance Group Acquires Insurex Workers’ Comp Brokerage
Apr 23 2008 // NSM Insurance Group has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our...
New Website Launched for Insurance Agency Buyers and Sellers
Apr 22 2008 // Los Angeles, CA. – April 22, 2008 – Ganis Consulting, a California based Insurance Consultancy Firm, has launched its new website www.ganisco.com The site was developed to be a reference tool for insurance...
Southeast Agents Fear Recession as Construction Woes Continue
Apr 22 2008 // Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they do agree the dominoes are in place that could trigger a serious economic chain reaction. Roger...
Agents in the East Find Recession Hurts Others More
Apr 22 2008 // Insurance agents across New England and the Mid-Atlantic are worried about how their customers and they will fare as the region’s economy continues to slow. “An agent’s business is a direct reflection of...
Agents and the Recession: Agents Tend to Fare Better Than Their Customers
Apr 22 2008 // Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market. The soft market coinciding with a bad economy is a real challenge...
In Midwest, Recession Makes Soft Market Even Tougher
Apr 22 2008 // When it comes to dealing with a recession, independent agents in Michigan carry the dubious distinction of having more experience than their counterparts in other Midwestern states. Michigan has been knee deep in a...
Recession, Soft Market Forcing Western Agents to Refocus
Apr 22 2008 // Whether the nation is in a true recession may still be up for debate, but it’s difficult to ignore the signs of economic slowdown throughout the West — and its effect on the insurance industry. New home...
American E&S Appoints Broker in Vacaville, California
Apr 22 2008 // Carole Brown has rejoined American E&S Insurance Brokers as vice president and financial services broker. She will be working in the Vacaville, Calif., branch and has more 15 years experience specializing in directors...
Recession? In South Central States It Depends On Location
Apr 22 2008 // With some notable exceptions – southern Louisiana for one – the economies of the South Central states seem to be holding steady against the looming prospect of a nationwide recession. Populations are growing in...
