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Business Moves: MNK International Acquires Broker in Turkey; Specialist Risk Group Buys Healthcare Consultancy, Specializing in UK Professional Sports
Oct 24 2025 // MNK International Acquires New Broker in Turkey MNK International, a London-based independent Lloyd’s broker, has acquired a new broker in Türkiye for an undisclosed amount. The business will focus on insurance and...
5 Accounting Mistakes Agencies Make
Oct 20 2025 // Lack of Identifying Revenue Source. Treating all income as commissions will not allow proper analysis and may potentially create false impressions of the actual revenue. Use accrual accounting to distinguish between...
Agent Has No Duty to Tell Insured of Pending Nonrenewal: Connecticut High Court
Oct 20 2025 // A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court affirmed in a case where the homeowners argued their long...
Gallagher Sues Two Former Brokers Who Started Their Own Firm
Oct 20 2025 // Global insurance broker Arthur J. Gallagher is suing two former employees who left to start their own New York brokerage firm for allegedly soliciting Gallagher clients and using confidential information in violation of...
Gaps in Awareness of HO Coverage Provides Opportunity for Agents: Survey
Oct 17 2025 // Many U.S. homeowners are missing important insurance protections, offering opportunities for agents to educate insureds on increasingly essential coverages. A new survey commissioned by The Hanover Insurance Group found...
Agents Struggle to Find Capacity, Meet Customer Timing Expectations: Survey
Oct 15 2025 // A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance...
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