All the headlines from our Agencies Topic Page, ordered by recency.
Sep 21 2018 // Most states have yet to adopt a cyber security model law for the insurance industry like the one approved by the National Association of Insurance Commissioners in 2017, but one expert believes the industry should be...
Sep 18 2018 // Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic pace of deal activity...
Sep 18 2018 // Los Angeles-based Worldwide Facilities LLC announced plans to acquire managing general agent and excess and surplus lines broker, McClelland and Hine Inc. and McClelland & Hine Trucking Underwriters LLC (collectively,...
Sep 17 2018 // The Professional Insurance Agents of New York (PIANY) has elected Jamie A. Ferris as president at a meeting of the association’s board of directors at PIANY headquarters in Glenmont, N.Y.Ferris is president of P.W....
Sep 17 2018 // Independent agents and brokers are focusing on growing the average size of their commercial lines accounts, according to “Agent Voices 2018,” a report based on a survey conducted earlier this year and...
Sep 17 2018 // 2018 has turned out to be the year of the text message. For agents, that reality presents a challenge that is both substantial and immediate.Today, there are dozens of vendors that offer chat capabilities. Web messaging...
Sep 17 2018 // Some larger commercial insurance brokers appear to be uncertain about how the Exempt Commercial Purchaser (ECP) feature of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), part of the Dodd Frank Act, effective...
Sep 17 2018 // Earlier this year, this reporter was walking on Lime Street, the home of Lloyd’s of London, dodging raindrops. She observed a broker, carrying a large blue binder containing documents for an underwriting risk, had...
Sep 17 2018 // While it is common for retail agents to turn to E&S wholesalers for help, there are several reasons they should carefully consider which wholesalerto call upon and how they submit business, according to Bobbie Duke,...
Sep 17 2018 // An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together.The surplus lines insurance...
Sep 17 2018 // There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses.Vindati, a New York-based managing general...
Sep 17 2018 // Several state agencies in Oklahoma, including the insurance department, are working together on an initiative to curtail distracted driving among teenagers.Oklahoma law bans texting and driving but despite that,...
Sep 17 2018 // Brian L. Risen, senior vice president, Mackinaw Underwriters, a member of the AmeriTrust Group Inc., has been promoted to president of the Meadowbrook Insurance Agency in Southfield, Michigan.Risen has over 23 years of...
Sep 14 2018 // Both the Texas Department of Insurance (TDI) and the Independent Insurance Agents of Texas (IIAT) report being the subject of phishing scams. TDI said it has received reports of fake emails that appear to be from the...
Sep 14 2018 // The Vermont Insurance Agents Association (VIAA) has elected Paul E. Plunkett, senior vice president and principal of Hickok & Boardman Insurance Group in Burlington, Vt., as its president.Plunkett’s involvement...
Sep 14 2018 // EPIC Insurance Brokers and Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Vanbridge LLC, a specialty insurance intermediary,...
Sep 14 2018 // For North Carolina-headquartered global insurance broker AmWINS Group Inc., Hurricane Florence isn’t just a storm that will affect insureds – many of its own employees and agents are also directly in the...
Sep 13 2018 // Hurricane Florence could put pressure on U.S. Congress to extend the National Flood Insurance Program, but “it is still an open question as to whether it will lead to a comprehensive reform bill passing,”...
Sep 12 2018 // There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses.Vindati, a New York-based managing general...
Sep 12 2018 // In an online discussion on agency errors and omissions (E&O) exposures following Hurricanes Harvey and Irma, Florida Association of Insurance Agents’ (FAIA) David Thompson, insurance educator for more than 20...