Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Winegar Credits Mentors for His Success in Trucking Specialty
Nov 18 2019 // He’s only 30, and newly married, but Courtland Winegar may have already amassed enough time in the wholesale industry to be considered a veteran in the space. Winegar, a transportation specialist at Crouse &...
CEO of Gallagher’s UK Broker/Underwriting Unit Apologizes for ‘Insensitive Comments’
Nov 14 2019 // Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh...
Wisconsin Insurance Agent Loses License, Must Pay Nearly $800K
Nov 14 2019 // An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry...
Wirth Elected President of Illinois Independent Agents Group
Nov 14 2019 // Independent Insurance Agents of Illinois (IIA of IL) has elected Bill Wirth, of Wirth Agency in Waterloo, as president of the group for a term that runs until Sept. 30, 2020. As president, Wirth will serve as a member of...
FBI Warns on Rise in Sophisticated Cyber Crimes
Nov 14 2019 // On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole complied, not realizing that a sophisticated hacker...
Lloyd’s Broker SSL Endeavour to Launch Latin America-Focused MGA in Miami
Nov 14 2019 // Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (SSL Endeavour) will launch a managing general agent (MGA) based in Miami, and a trio of senior hires to support growth in...
How Brokers Influence Specialty Insurance Product Innovation
Nov 13 2019 // In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects...
Nationwide ‘Express’ Portal Promises Agents Multiple Product Quotes in 2 Minutes
Nov 13 2019 // Nationwide is introducing Nationwide Express, a technology platform that promises agents can quote policies for auto, homeowners and renters insurance in two minutes as well as tailor coverages, bind coverage, and process...
IAT Insurance Adds 8 Hanover Underwriters to Specialty Brokerage Unit in North Carolina
Nov 13 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has hired a team of eight underwriters to its Specialty Brokerage division. All eight previously worked together at Hanover Insurance under Mark...
California Agent Arrested for Allegedly Leaving Client Uninsured in 2018 Mudslides
Nov 12 2019 // California Department of Insurance detectives this week arrested insurance agent Mark Lynch, 40, on 13 felony counts of grand theft, embezzlement, and money laundering after allegedly collecting over $72,425 in insurance...
PointeNorth Acquires Berger & O’Neal, Holmes-Shaw Agencies of Georgia
Nov 12 2019 // PointeNorth Insurance Group, LLC (PNIG), a locally owned independent insurance agency in the Southeast, has acquired two additional insurance agencies in Georgia － Berger & O’Neal Insurance Group and...
EPIC Launches Site Pollution Liability Insurance Program for Cannabis Risks
Nov 12 2019 // Greyling Insurance Brokerage & Risk Consulting (Greyling), a division of EPIC Insurance Brokers & Consultants (EPIC), has launched a nationwide site pollution liability insurance program for the emerging cannabis...
Element Risk Management Acquires Three Insurance Agencies in Virginia, Pennsylvania
Nov 8 2019 // Element Risk Management has acquired three new insurance agencies in Virginia and Pennsylvania. Barnes & Phillips Insurance & Financial Services of Woodstock, Va., Crawford Insurance Company of Strasburg, Va., and...
Kaufman Group, Burns & Wilcox Promote 23 Associates Including D’Antoni
Nov 8 2019 // Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three...
Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft
Nov 8 2019 // A former insurance agent, political campaign treasurer and Tennessee Republican Party committeewoman, is accused of stealing from her father’s campaign and pocketing insurance money from policyholders who used her...
Going Public: BRP CEO Baldwin On the Company’s IPO, What’s Next
Nov 6 2019 // Florida-based broker Baldwin Risk Partners (BRP) has come a long way since it was formed less than 10 years ago. The company has grown exponentially both through acquisitions and expansion and it is now beginning a new...
Risk Strategies Appoints Powers to Lead Eastern U.S. Employee Benefits Practice
Nov 5 2019 // Risk Strategies, a privately held, Boston, Mass.-headquartered insurance brokerage and risk management firm, has appointed Chris Powers to lead its employee benefits practice for the Eastern U.S. Previously, Powers oversaw...
Broker BMS Taps Willis Re’s Irvan as Chief Property Officer, U.S. Reinsurance
Nov 4 2019 // BMS Group, the London-based specialist re/insurance broker, announced the appointment of Jeff Irvan as chief property officer, U.S. reinsurance, reporting to BMS U.S. Reinsurance President Pete Chandler. The appointment is...
Agency E&O: Risk Rises Along with Rates, Cats and Customer Switching
Nov 4 2019 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
California Agent Arrested for Allegedly Stealing $148K, Leaving Clie…
Nov 4 2019 // Insurance agent Stephen Mark Gomez, 64, of Lake View Terrace, Calif., was arraigned last month on eight felony counts of grand theft and embezzlement after allegedly collecting over $148,000 in insurance premium payments...
