Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Candidates in Hotly Contested North Carolina Insurance Race Talk Scandal, Priorities
Nov 2 2020 // The race for the next North Carolina Insurance Commissioner features two familiar faces to state voters in what is a three-peat showdown featuring Republican Mike Causey and Democrat Wayne Goodwin. Causey, the incumbent,...
Agency M&A Activity Continues Despite Pandemic: OPTIS Partners
Nov 2 2020 // There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the same period in 2019, according to a report from consulting firm OPTIS Partners. The Chicago-based...
Getting an Agent-of-Record: It’s Easier Than You Think
Nov 2 2020 // Sally wants to close every piece of business she works on, but she doesn’t. She’s not even close. Her price is never good enough. The coverage gap is never big enough. And even if it is, it doesn’t end up...
Agents’ E&O Under Pressure
Nov 2 2020 // The agency errors and omissions liability market has enjoyed stable market conditions for years. But that could be changing as agents and their insureds attempt to balance emerging risks in a changing insurance market. The...
Cannabis Broker Spotlight: Koelewyn of Pacific AG Embraced Cannabis Insurance from the Start
Oct 29 2020 // 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...
Boston Insurance Brokerage Expands Specialty Offerings; Fell to Lead New Division
Oct 29 2020 // Boston Insurance Brokerage (BIB) has announced an expansion of its specialty offerings to include Programs & Compliance. The new division at BIB will be led by Senior Vice President Christopher Fell. BIB has a history...
Florida Property Insurance Market Inches Closer to Crisis – Part 1
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
Insurers Again Battled Many California Bills, but a Fight Last Year Was Biggest Recent Victory
Oct 28 2020 // The election is nearly here, and while it’s been quite a year all around, things could have been worse for the insurance industry. When the year started, insurance industry lobbyists were facing a big battle, and not...
The Liberty Company Insurance Brokers Adds Foster in California
Oct 28 2020 // The Liberty Company Insurance Brokers has added Christine Foster to the Woodland Hills, Calif., office. Foster has more than 27 years of experience. She was previously with Foster & Associates She has also worked for...
Insurer Off the Hook in $200K Georgia House Fire Claim Due to Agent Premium Theft
Oct 27 2020 // A property insurer is off the hook for a $200,000 claim against a policy that it canceled, leaving a lawsuit filed against a former insurance agent who was arrested for pocketing premiums as the only apparent recourse...
Hanover Insurance Enters Maryland Personal Lines Insurance Market
Oct 27 2020 // The Hanover Insurance Group Inc. (THG) has expanded its business in Maryland to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base. The Hanover has...
Pandemic Having LittIe Effect on Insurance Agency M&A Activity: OPTIS Partners
Oct 27 2020 // There were 170 announced insurance agency mergers and acquisitions during the third quarter of 2020 compared to 173 for the same period in 2019, according to a report from consulting firm OPTIS Partners. The Chicago-based...
MH Insurance Centre Deemed Agency of Year by Illinois Agents Group
Oct 27 2020 // The Independent Insurance Agents of Illinois (IIA of IL) has presented MH Insurance Centre LLC of Marion, Ill., with the IIA of IL Agency of the Year Award. The Agency of the Year Award is presented to an IIA of IL member...
Gunn Named Illinois Young Agent of the Year
Oct 26 2020 // Nick Gunn of Groveland, Ill., has named Young Agent of the Year by the Independent Insurance Agents of Illinois (IIA of IL). Gunn was presented with the Young Agent of the Year Award for demonstrating exceptional service...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy
Oct 26 2020 // Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based...
Illinois Agents Association Names Brown & Brown’s Miano Agent of the Year
Oct 23 2020 // Brooke Miano with Brown & Brown of Illinois in Naperville, Ill., has been presented with the Independent Insurance Agents of Illinois (IIA of IL) Agent of the Year Award during the association’s annual...
The Horton Group’s Daly Elected President of Illinois Agents Association
Oct 22 2020 // George Daly with The Horton Group in Orland Park, Ill., has been elected president of the Independent Insurance Agents of Illinois (IIA of IL). Daly’s term runs until Sept. 30, 2021. As president, Daly will serve as...
Brokerslink Expands Global Network with Affiliates in Central America, APAC and Africa
Oct 21 2020 // Global broking business, Brokerslink, has continued the expansion of its global network with three new affiliates from Africa, Central America and Asia-Pacific further demonstrating its multinational capabilities and...
The Main Street America Group Rebrands, Expands Commercial Offering
Oct 21 2020 // The Main Street America Group, a U.S. provider of property/casualty insurance through independent agents, has unveiled a new name and brand – Main Street America Insurance. The brand was announced in conjunction with...
Burns & Wilcox Adds Personal Lines Cyber Protection for Homes, Families, Individuals
Oct 21 2020 // Burns & Wilcox has launched Cyberman365, a new exclusive product line designed to mitigate personal cyber risks for individuals, families and homes. A collaboration between Burns & Wilcox and Node International,...
