Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Professional Insurance Agents of Connecticut Elects Rabbett as President
Mar 8 2021 // The Professional Insurance Agents of Connecticut (PIACT) elected Shannon Rabbett, of Windsor, Connecticut, as president at the association’s annual business meeting, held virtually on March 4, 2021. She will serve as...
3 Ways Insurtech Can Help Agents Thrive in 2021 and Beyond
Mar 8 2021 // What if the COVID-19 pandemic had struck in 1980 instead of 2020? Without widespread internet connectivity, cloud software and video conferencing, the insurance industry may have been up a creek without a paddle (and...
UK Broker, Specialist Risk Group, Acquires MGA CLS Risk Solutions
Mar 5 2021 // Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory approval. Financial details of the acquisition — its fourth so far this year...
Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities
Mar 5 2021 // The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition of Worldwide broadens...
Higginbotham Enters Louisiana in Partnership with Insurance Broker, Knotts
Mar 5 2021 // Fort Worth, Texas-based independent insurance and financial services firm, Higginbotham, has partnered with Mike Knotts, an insurance agency owner and broker in Bossier City, Louisiana, to establish its first...
Former Iowa Insurance Agent Faces Fraud Charges
Mar 4 2021 // A former Red Oak, Iowa, insurance agent is facing felony charges related to alleged insurance fraud. The Iowa Insurance Division said Dustin French has been charged with one count of Insurance Fraud – Presenting...
London-Based Broker Costero Holdings Acquires Mar Risk Services
Mar 4 2021 // Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021. Headquartered in London, MarRS offers insurance advice and access to...
Cannabis Broker Spotlight: Green Shield’s Medrano Used Insurance to Get into Cannabis
Mar 4 2021 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Southern Illinois Mayor, an Insurance Agent, Quits Amid Corruption Charges
Mar 3 2021 // The longtime mayor of the southern Illinois city of Columbia has resigned in the wake a federal indictment accusing him of public corruption, a city official announced. Last week, a federal grand jury indicted Mayor Kevin...
For 3rd Time, Louisiana Reminds Insurers, Agents of Obligations After Catastrophes
Mar 3 2021 // Following complaints from property insurance policyholders, Louisiana’s top insurance regulator has issued a third bulletin reminding insurers of their obligations to policyholders as they work with consumers...
Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost
Mar 2 2021 // If one thing can be said about the pandemic, it definitely was not a bad thing for cannabis, a business that many states declared to be essential as numerous other business sectors shut down to help slow the spread of...
Cinven and GIC Complete Purchase of UK Broker Miller from Willis Towers Watson
Mar 1 2021 // Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, have completed the acquisition of leading specialist insurance and re/insurance broker, Miller, from Willis Towers...
SIU Adds Kiernan to Marine Brokerage Team in Georgia
Feb 26 2021 // Southern Insurance Underwriters, Inc. (SIU) has added John Kiernan to its Marine Brokerage team. He will be based in Alpharetta, Ga. Kiernan comes to SIU with experience in underwriting all classes of hull, marine...
Texas Insurance Exec, Harrison, Honored by Big ‘I’ with Woodworth Memorial Award
Feb 25 2021 // Longtime Texas insurance agency executive, William “Bill” E. Harrison Jr., has been honored by the Big “I” with its Woodworth Memorial Award, the national independent insurance agency...
Former Iowa Insurance Agent Charged with Fraud, Money Laundering
Feb 22 2021 // A former Iowa insurance agent has been charged money laundering and fraud, among other charges, the Iowa Insurance Division reported. Michael J. Heiberger, age 52, of Epworth, has been charged with one count of money...
Big I Advantage Promotes Juratovic to Assistant Vice President for E&O
Feb 22 2021 // The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations at Big I Advantage. Juratovic will lead the Big “I” Professional...
Ensurise Merges with Insurance Brokerage Operations of Howard Eales
Feb 22 2021 // Independent insurance agency Ensurise LLC has merged with the insurance brokerage operations of Howard Eales Inc., effective January 1, 2021. Howard Eales will continue to operate from its Washington D.C. location...
E&O Risks to Agents Extend to Cyber
Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...
10 Things Agencies Should Expect from Carriers
Feb 22 2021 // Working for an independent insurance agency can be challenging, and the job is even tougher if an insurer does not share your commitment to customer satisfaction. In my position as a territory manager for an insurer, I...
Agency Salary Survey: Satisfaction Rises, Compensation Falls, Agencies Kept Employees Happy Through Disruption
Feb 22 2021 // Independent insurance agencies not only managed to survive through the 2020 economic downturn and pandemic, but also managed to keep their employees happy through all of the year’s disruption. In Insurance...
