Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former A&A Leader, Insurance Historian Bogardus Passes Away at Age 92
Aug 3 2020 // John (Jack) A. Bogardus Jr., age 92, former chairman, president and CEO of Alexander & Alexander insurance brokerage, passed away from complications of Alzheimer’s in Scottsdale, Arizona on June 28, according to...
USG Insurance Services Hires Florida-Based Morgan
Jul 31 2020 // USG Insurance Services, Inc., a national wholesaler and MGA, has hired Mark Morgan as producer/broker: Property, in Tampa, Fla. Morgan has 19 years of industry experience, most recently serving as director of New Business...
Insurance Broker PCF Acquires Avidity Insurance in Kansas
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Avidity Insurance, an Overland Park, Kansas-based independent insurance agency founded in 2013 by Will Wilson. Avidity offers home, auto,...
Former Michigan Insurance Agent Pleads No Contest to Embezzlement Charges
Jul 31 2020 // A plea deal has been reached with a former Genesee County, Michigan, insurance agent who allegedly embezzled from her clients and provided them with phony insurance certificates for home and auto insurance, the...
First Fidelity Brokerage of N.Y., Moulton Insurance of Mass., Acquired by PCF
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired two brokerages based in the Eastern U.S. The brokerages that have joined PCF include: First Fidelity Brokerage, a New York City-based...
Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC
Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
Breckenridge Welcomes Sheree Davis as Senior Vice President, Program Director
Jul 30 2020 // Atlanta, GA, July 30, 2020 — Breckenridge Insurance Group welcomes Sheree Davis to the company as a senior vice president, program director. Davis has more than 30 years of insurance industry experience with significant...
The Importance of Forensic Accounting to Future Hurricane BI Claims
Jul 30 2020 // As a licensed general contractor and a certified public accountant in South Florida who has been advising clients in accounting- and construction-related issues for the past 15 years, I have seen hurricane seasons come and...
Former Ohio Insurance Agent Gets 9 Years in Prison for $1.1M Theft from Clients
Jul 29 2020 // A former Ohio insurance agent has been sentenced to nine years in prison for stealing more than $1.1 million from clients, according to the Ohio Department of Insurance. The ODI said Gregory Oliver, of Milford, Ohio, was...
Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business
Jul 29 2020 // Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the...
As COVID-19 Work-From-Home Orders and Online Business Strategies are Revisited, Cyber Coverage Becomes More Important Than Ever
Jul 29 2020 // Monrovia, CA, July 29, 2020 – Plum Insurance Services has the Right Program for Wholesale Insurance Brokers. While COVID-19 continues to spread like wildfire, businesses are being forced to either extend their...
Another Specialty Broker Begins Selling Pandemic Insurance Coverage
Jul 28 2020 // A Newport Beach, Calif.-based specialty broker believes that now is the best time to start offering pandemic insurance. Elite Risk Insurance, which specializes in bespoke risk, is offering Pandemic Outbreak with COVID-19...
Encova Insurance Offering Personal Lines Products Digitally to Indiana Agents
Jul 28 2020 // Encova Insurance, based in Columbus, Ohio, has launched a new suite of personal lines products that will be delivered digitally to agents in Indiana. With Encova’s new personal lines product offering, agents and...
Duffy Insurance Agencies Acquires N. Pingree Agency
Jul 28 2020 // The N. Pingree Insurance Agency and its Georgetown and Haverhill, Mass., offices have joined the Duffy Family of Insurance Agencies. N. Pingree Insurance Agency was established in 1938 by H. Nelson Pingree. Brothers Robert...
Insurers Exploring ‘New World’ of Police Officer Professional Liability
Jul 24 2020 // U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police...
London Broker Tysers Appoints Buesnel from Deloitte as CEO
Jul 24 2020 // Tysers, the independent, London-based wholesale insurance broker, announced that Clive Buesnel will become its next chief executive officer, subject to regulatory approval. Buesnel has spent much of his career in both...
Specialty Broker Offers Business Insurance Coverage for Pandemic, Epidemic Risks
Jul 23 2020 // A Boston-based national wholesale insurance broker is offering what it says is “among the first and most accessible” insurance policies for commercial risks arising from pandemics and epidemics. The policy,...
Smith to Retire from Chicago’s R-T Specialty
Jul 23 2020 // Scott H. Smith has announced his intention to retire from Chicago-based insurance broker, R-T Specialty LLC, at the end of the year. Smith joined R-T Specialty with the acquisition of his specialty brokerage company, S. H....
Kohal Named President of Brokerage Division at Wisconsin’s ARMR Network
Jul 23 2020 // Middleton, Wisconsin-based American Risk Management Resources Network LLC’s brokerage division has appointed Kari Dybdahl Kohal as the organization’s next president. Kohal brings to the position a wealth of...
