Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Warner Pacific Completes Acquisition of 5 Acrisure General Agencies

Jan 10 2025 // General agency Warner Pacific said it has acquired five general agencies from broker and fintech specialist, Acrisure, effective Dec. 1 2024.Financial terms were not disclosed. Westlake Village, California-based Warner...

Broker McGill Offers Property War Reinsurance for Ukraine

Jan 9 2025 // Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022.Companies...

Boosting Insurance Sales Motivation: Tips to Stay Inspired as an Insurance Agent

Jan 9 2025 // This post is part of a series sponsored by Darkhorse Insurance.How can you, as an insurance agent, stay motivated in the dynamic industry? In the fast-paced world of insurance, your motivation is not merely a personal...

10 Must-Ask Questions Before You Choose an Agency Management System

Jan 8 2025 // This post is part of a series sponsored by EZLynx.Management systems can make or break a new agency. In the best cases, an agency management system (AMS) can be the behind-the-scenes mastermind keeping everything running...

Alabama Now Requiring Quarterly Reports From Surplus Lines Brokers

Jan 8 2025 // Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department of Insurance said this week.The rule is in keeping with state law and took...

Agency Network Renaissance Acquires Consolidated Insurance Agents in Buffalo

Jan 8 2025 // Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), an agency network based in Buffalo, New York.Renaissance said...

Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers

Jan 7 2025 // Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could...

Viewpoint: Innovation Enhances Brokers’ Growth and Profits

Jan 7 2025 // Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been easier to assert than to achieve consistently. Booking organic growth is difficult, even for firms...

Former California Insurance Agent Convicted After Stealing $3.7M

Jan 7 2025 // A former insurance agent plead guilty to stealing premium from a premium finance company.Formerly licensed insurance agent Tonja Van Roy, 59, who currently resides in Las Vegas, but operated an insurance agency based in...

People Moves: XS Brokers Promotes Buccinna in New York; Leadership Changes at Falvey Insurance

Jan 6 2025 // XS Brokers Promotes Buccinna to Regional Leader of New YorkXS Brokers, headquartered in Quincy, Massachusetts, promoted Peter Buccinna to vice president and regional leader of New York. Buccinna has over 26 years of...

Arthur J. Gallagher & Co. Acquires Canadian Broker Encore Group

Jan 6 2025 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group.Terms of the transaction were...

The Captive Agent’s Guide to Independent Insurance Success

Jan 2 2025 // This post is part of a series sponsored by Darkhorse Insurance.Ever felt like a bird with clipped wings, singing the same song for the same company year after year? You’re not alone. Many captive insurance agents,...

Generative AI: A Double Agent Serving Good and Evil in the World of Claims

Dec 30 2024 // Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.“It’s truly become an arms...

Customs Agents Seize 22,000 Fake Vehicle Inspection Stickers Shipped From Israel

Dec 30 2024 // The U.S. Customs and Border Protection agency said it has seized more than 20,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia.Customs officers found the...

Florida DFS Posts Latest Enforcement Actions Against Agents, Adjusters

Dec 27 2024 // Florida’s Department of Financial Services has posted its enforcement actions for much of the last half of 2024, listing 12 insurance agents and 43 adjusters who were penalized, suspended, or had their licenses...

Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften

Dec 19 2024 // The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital...

Top 9 Insurance Agent Software Tools You Should Be Using

Dec 17 2024 // This post is part of a series sponsored by Darkhorse Insurance.Imagine juggling multiple clients and endless paperwork. You face constant pressure to meet deadlines while providing excellent service. This overwhelming...

Aviva’s India Officials Approved Brokerage Model Queried by Taxmen

Dec 13 2024 // An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company...

Top Carriers Connecting: How Agents Rank Insurers On Digital Experience

Dec 12 2024 // Carriers are on the hunt for quality agencies to make new appointments, according to a new report, which also found that the top way they’re finding them is at industry tradeshows and events.While face-to-face...

BMS Group to Acquire Spanish Broker Rasher and Its Latin American Subsidiaries

Dec 12 2024 // BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the leading insurance broker Rasher, subject to regulatory approvals.The Rasher business...