All the headlines from our Agencies Topic Page, ordered by recency.
Mar 25 2019 // Arthur J. Gallagher & Co. has acquired Potomac Falls, Va.-based McLean Insurance Agency Inc.Established in 1971, McLean Insurance Agency offers retail property and casualty, life and employee benefit brokerage and...
Mar 22 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...
Mar 22 2019 // A Bronx County, N.Y., man has been arrested and arraigned on a felony complaint for an alleged insurance fraud scheme.Barrington Mayne, who is not an insurance broker, allegedly used his position and contacts at various...
Mar 22 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Mar 22 2019 // Worldwide Facilities has added Shane Holden to its Atlanta team as senior vice president/Property broker. Holden brings 25 years of insurance and risk management experience to his position at Worldwide Facilities. With...
Mar 21 2019 // California-based EPIC Insurance Brokers and Consultants has hired JoBeth Wells in Dallas as a principal in its property/casualty operations. EPIC also added Stephanie Pitzer in the Dallas property/casualty group as client...
Mar 21 2019 // Wholesale specialty insurance broker AmWINS Group Inc. has announced new hires and promotions to its Specialty Logistics and AmWINS Access Personal Lines and Commercial teams, as well as several new branch leaders.Herman...
Mar 21 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...
Mar 20 2019 // Farmers Mutual Hail Insurance Co. of Iowa (FMH) has a new web-based tool designed to help FMH insurance agencies identify growth opportunities.The new tool, called FMH Bridge, was developed in collaboration with FindBob, a...
Mar 20 2019 // A licensed insurance agent out of Orlando, Fla., was arrested this month for allegedly submitting fraudulent insurance applications to multiple carriers, according to a statement from Florida CFO Jimmy Patronis.Sheila De...
Mar 20 2019 // Brightway Insurance has kicked off its new Independent Agent Program with its first group of seven new Independent Agent Owners.Brightway Insurance, a national property/casualty insurance retailer selling through a network...
Mar 19 2019 // A new study shows that Illinois insurance companies, agents and brokers continue to fuel the economy with quality jobs, revenue and investments, the study’s sponsors say.The recently released study was conducted by...
Mar 19 2019 // Francis A. Mancini, former president and CEO of the Massachusetts Association of Insurance Agents (MAIA), has partnered with Renaissance Alliance Insurance Services LLC (RAIS) working on new business development and...
Mar 19 2019 // Florida’s “one-way attorney fee” statute enacted to protect Florida policyholders from large insurance companies has instead spawned a huge industry of assignment of benefits (AOB) predators who take...
Mar 18 2019 // Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali has been...
Mar 18 2019 // The single largest expense in an insurance agency is compensation. Salaries, commissions, payroll taxes and benefits usually total between 50 percent to 75 percent of revenue, with most firms having an expense ratio around...
Mar 18 2019 // It’s a good time to be in the restaurant industry. Restaurant sales in 2018 were projected to reach $825 billion — a 3.1 percent increase over 2017, according to the National Restaurant Association (NRA)....
Mar 18 2019 // Workers’ compensation brokers frequently overlook a risk-free method to nearly double their commissions while improving their client’s overall financial position. The use of a captive insurance company to...
Mar 18 2019 // With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the greatest disruption is coming from within.Following the past...
Mar 15 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year.Homeowners insurers have been filing for rate...