Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Recession Provides Fuel for Agency Start-ups
Sep 7 2020 // Starting an independent insurance agency, or any business, is a risky proposition. You’re moving from a secure position with a regular income and foreseeable future to a place where uncertainty is the new normal....
What Does the Future of the Agency System Look Like?
Sep 7 2020 // The demise of the independent agent has been predicted ad nauseam, however arguably the most hotly debated version came from a 2013 McKinsey report with a section entitled “The End of an Era for the Local Insurance...
Defendants in Separate COVID-19 Business Interruption Suits Score Wins in Texas Courts
Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms. In one, an insurance agency was added to a restaurant...
FAIA Chief Grady Says Goodbye, Shares Top Moments in 22-Year Career
Sep 7 2020 // Jeff Grady For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not expect to “fall...
Hub International Acquires Rockville Insurance Agency, Jeffrey Preston Zepp
Sep 4 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Rockville Insurance Agency Inc. and Jeffrey Preston Zepp. Terms of the transactions were not...
CRC’s Johnston Joins RT Specialty to Establish Alabama Office
Sep 3 2020 // R-T Specialty, LLC has hired senior property broker J. Mason Johnston to establish the wholesale broker’s Birmingham, Ala., office, where he will serve as president. Johnston is a property and builder’s risk...
Cannabis Broker Spotlight: AlphaRoot’s Bock Approaches Space with Teacher Mindset
Sep 2 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...
Texas’ HIIG Launches New E&S Brokerage Business Unit
Sep 2 2020 // Houston International Insurance Group Ltd. (HIIG) has launched an E&S (excess and surplus) brokerage business unit to provide liability and property insurance products and services to the wholesale brokerage...
Hub International Acquires Alberta’s Elevate Insurance Brokers
Sep 2 2020 // U.S.-based global insurance broker Hub International Limited has acquired Elevate Insurance Brokers, a property/casualty independent insurance agency based in Grande Prairie, Alberta, Canada. Pierce Krol, president, and...
Ryan Specialty Group and All Risks Finalize Merger
Sep 2 2020 // Specialty insurance brokerages Ryan Specialty Group and All Risks have closed on the merger the two firms into Ryan Specialty Group. The deal unites Chicago-based Ryan Specialty Group and its nearly $12 billion in premium,...
Carrie B. Mudd Joins Breckenridge Insurance Services to Grow Transportation Business
Sep 1 2020 // Atlanta, GA, September 1, 2020 — Breckenridge Insurance Services is pleased to welcome Carrie B. Mudd to the wholesale brokerage and binding firm. Mudd joins the organization as a vice president, underwriter with over 17...
AXIS Partners With AllDigital Specialty MGA on Small Business Platform
Aug 31 2020 // AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market. AXIS will utilize AllDigital’s technology to quote, bind and issue...
UK Broker Ed Hires Paragon’s Head as Professional, Cyber Lines Producer
Aug 27 2020 // London-based brokerage Ed announced the appointment of John Head as a broker and producer. Head will support the growth of the professional and executive risk portfolio, a key area of focus and development for Ed, and also...
As FAIA Chief Grady Says Goodbye, He Shares His Top 10 Moments
Aug 27 2020 // Powered by InsuranceJournal.tv For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not...
Former Texas Insurance Agent Sentenced to 14 Years in Prison
Aug 26 2020 // Lynn “Skipper” Strickland of Parker County, Texas, a former insurance agent who sold policies while claiming his license was still in effect, has been sentenced to 14 years in state prison for fraud, state...
Johnson & Johnson to Acquire Assets of Georgia-Based National Program Management
Aug 26 2020 // Johnson & Johnson will expand its presence in Georgia by acquiring the assets of National Program Management (NPM) located in Alpharetta. The parties expect the transaction to close Sept. 1, 2020. National Program...
Former California Agent Charged in $55K Insurance Fraud
Aug 25 2020 // Former Westlake Village, Calif., insurance agent has been arraigned on multiple felony counts of grand theft, burglary, and financial elder abuse for allegedly stealing over $55,000 in clients’ insurance premiums,...
Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation
Aug 25 2020 // Foresight offers an innovative workers’ compensation program for safety-critical verticals San Francisco, CA, August 18, 2020 – Foresight recently announced its technology-first workers’ compensation...
It’s Clear Insurance Agency Data Is Valuable. Who Owns It May Not Be So Clear.
Aug 24 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...
101 Sales, Marketing & Agency Management Ideas
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
