Latest Agencies Headlines

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

UK Broker Price Forbes Taps Hewett from JLT as Leader of Sharing Economy Practice

Apr 2 2019 // Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice.Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in...

Last Chance: Take the 2019 Young Agents Opinion Survey Today

Apr 1 2019 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...

EPIC Adds Knight, Smiley in Atlanta

Apr 1 2019 // EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has added two senior vice presidents in its Atlanta office.Chris Knight has joined EPIC’s...

Lockton, Children’s Bureau Honored by Insurance Industry

Apr 1 2019 // Service was at the heart of Timothy J. Noonan’s main message.The Lockton Cos. president and CEO was talking about the service insurance professionals give to their clients and about the service the industry gives to...

How Errors & Omissions Lawsuits May Change

Apr 1 2019 // Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters prospects by probability of a sale, plaintiff attorneys need to filter potential...

Insurance Industry Facing Competitive Labor Market

Apr 1 2019 // Like other industries today, the property/casualty insurance industry is facing a highly competitive job market as it strives to fill positions needed to grow.The unemployment rate for the insurance industry is 1.7...

New Flood Insurance Rule from Bank Regulators a Win for Consumers, Agents and Brokers

Apr 1 2019 // While lawmakers continue their struggle to agree on the long-term reauthorization of the financially burdensome National Flood Insurance Program, federal lending regulators have concluded their own six-year struggle to...

Agencies Looking for New Talent Have Their Work Cut Out for Them

Apr 1 2019 // Newsflash to insurance agency owners seeking to onboard new employees: Expect to have to pay more, offer more and train more.Those trying to hire probably know that already. “What we’re seeing in particular in...

People

Apr 1 2019 // Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators...

Today’s Hot Markets

Apr 1 2019 // Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foodsInsurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and...

8 Things to Consider When Buying or Selling an Insurance Agency

Apr 1 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...

A Mix of Flood Insurance Reforms

Apr 1 2019 // The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government.If some of today’s reformers get their way, flood insurance will become a...

In Their Own Words: Why Producers Change Jobs

Apr 1 2019 // Q: We have a zillion newbies and plenty 50-plus year old veteran producers. I’ve tried the out-of-industry route. Frankly, my agency isn’t good at training. I want experienced, ‘hit the ground...

Miami Insurance Agent Arrested for Stealing $620K in Premiums

Mar 29 2019 // A former licensed insurance agency owner was arrested in Florida after allegedly stealing more than $620,000 in insurance premiums, according to a statement from Florida Chief Financial Officer (CFO) Jimmy Patronis.Orestes...

North Carolina-Based AmWINS Group Names Kiley as SVP

Mar 29 2019 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alycia Kiley as senior vice president at the company, focused on building strategic partnerships with the firm’s retail...

Supreme Court May Overturn Tradition of Courts Deferring to Regulatory Agencies

Mar 28 2019 // The U.S. Supreme Court’s conservative justices expressed doubts about a precedent that business groups and the Trump administration say gives federal agencies too much power to change regulations without notice.In an...

N.Y. Cyber Reg: A Third-Party Service Provider Compliance Framework

Mar 27 2019 // This writing presents a framework that if adopted by insurance agencies and carriers could simplify and minimize the cost of complying with the New York Department of Finance Regulation 23 NYCRR Section 500.11...

Arkansas Insurance Department Warns of Fake Auto Policy Scam

Mar 26 2019 // Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent policies at car dealerships.In a media release, Kerr said the...

How to Turn Today’s Confusion Into a Sustainable Cyber Insurance Market

Mar 26 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...

Florida Insurtech HoneyQuote Rolls Out Real-Time Rating Engine, Adds Heritage to Platform

Mar 26 2019 // HoneyQuote.com has added a new carrier partner and launched its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy online.The application is backed by...