Latest Agencies Headlines

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

Former California Insurance Agent Charged With Multiple Felonies

Jun 6 2019 // Felony charges for grand theft and identity theft were filed against Alicia Calderon, 33, a former licensed insurance producer in California, after investigators reportedly discovered evidence that Calderon took money from...

Agencies: Submit Today for the Top 100 Ranking and More

Jun 6 2019 // Insurance Journal is now collecting information for its annual Top 100 property/casualty independent agency listing and other agency rankings. Submit your agency today.There are four ways to qualify: Complete this quick...

SEC Rules Target Investment Brokerage Disclosures, Conflicts

Jun 5 2019 // The U.S. Securities and Exchange Commission (SEC) on Wednesday will vote to adopt a package of rules mandating brokerage firms disclose potential conflicts in the fees investors pay and the commission brokers earn when...

What is the Underwriter Thinking?

Jun 5 2019 // Got a really interesting question this week. The essence of it is that the agent has a customer with a homeowners’ policy. The company is planning to renew coverage with the house on Actual Cash Value (ACV), rather...

Insurance Journal Announces the Launch of Cyber Newsletter

Jun 5 2019 // Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called Insuring Cyber. This newsletter is an in-box resource for...

Hub International Buys Saskatchewan-Based Broker, Cottenie & Gardner

Jun 5 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced that it has acquired Cottenie and Gardner Inc., a Kamsack, Saskatchewan-based independent broker.Terms of the transaction were not disclosed....

Canada’s Western Financial Acquires Ontario Brokerage EGM Insurance Group

Jun 5 2019 // Western Financial Group has furthered its strategic expansion in Ontario with the acquisition of EGM Insurance Group.Financial details of the acquisition, which is Western’s third brokerage acquisition in Ontario,...

Agents’ Opportunity in Growing Urgent Care Market Starts with Knowing Key Risks

Jun 5 2019 // Over the past decade, urgent care facilities have emerged as popular, convenient and cost-effective alternatives to primary care physicians and hospital emergency rooms. The number of urgent care facilities in the United...

1 Current and 1 Former Iowa Insurance Agent Charged in Fraud Case

Jun 4 2019 // A current insurance agent in Iowa and a former one have been charged in connection with a fraud investigation in which another agent was previously charged.Insurance agent Cursta Lena Williams of Davenport, and former...

Are Agencies Overpaying for Young Employees Today?

Jun 3 2019 // Memo to insurance agency owners seeking to onboard new employees: Expect to pay more, offer more and train more.Those trying to hire know that already. “What we’re seeing in particular in Texas, and I imagine...

Szalkay Joins Appalachian Underwriters Brokerage Division in Florida

Jun 3 2019 // Jennifer Szalkay has rejoined Appalachian Underwriters’ Brokerage division in Sarasota, Fla. Now a senior broker, she will be working on specialty casualty and construction accounts in all 50 states. Jennifer...

Why Agency Perpetuation Does Not Usually Work

Jun 3 2019 // Most agencies are not run as businesses. Most are run as a lifestyle. Lifestyles are personal, so perpetuation is not possible. Only true businesses can achieve internal perpetuation. Size is not a factor either because...

California Agent Charged With Grand Theft And Forgery

May 31 2019 // Former insurance agent Richard Brian Willand, 54, of Sylmar, Calif., voluntarily surrendered at the Los Angeles County Superior Court in San Fernando on a warrant for his arrest for alleged grand theft of insurance premium...

Iowa Insurance Agent Faces Fraud, Theft Charges

May 31 2019 // Iowa insurance agent Jonathan Adam Schlue, age 35, of Davenport, faces four counts of Fraudulent Sales Practices (Class D Felony), two counts of Fraudulent Submissions (Class D Felony), two counts of Conspiracy to Commit a...

Gerger Joins Illinois Independent Agents Group as Education, Agency Resources Director

May 31 2019 // Brett Gerger, former chief deputy director of the Illinois Department of Insurance, has joined the Independent Insurance Agents of Illinois (IIA of IL) as director of Education & Agency Resources.In his new position,...

8 Considerations for Buyers and Sellers of Insurance Agencies

May 30 2019 // Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger...

Texas Surplus Lines Brokers Can Now Input Policy Limit Info Into EFS

May 28 2019 // Agents and brokers can now input policy limit information directly into the Surplus Line Stamping Office of Texas’ (SLTX’s) Electronic Filing System (EFS).A new field has been added to the system to allow input...

China’s Revamp of Anbang Insurance Includes Moving Business to New Company

May 28 2019 // The Chinese government is taking a major step in its efforts to sell a strategic stake in Anbang Insurance Group Co., the acquisitive insurer it took over last year amid a fraud investigation into its former chairman.Under...

CFC Designs New Broker Platform for Its Cyber Insurance Products

May 24 2019 // Specialist insurer CFC is debuting a new broker platform designed to facilitate the sale of its cyber insurance products to small- and medium-sized businesses.The idea is that London, UK-based company’s cyber...

Big I New York Elects Cofini as Board Chair

May 24 2019 // Big I New York, the state’s independent insurance producer trade association, has elected John Cofini as its chair of the board for the 2019-2020 term.Cofini was sworn in during a May 21 ceremony at Big I New...