All the headlines from our Agencies Topic Page, ordered by recency.
Feb 22 2018 // Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter.The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic...
Feb 22 2018 // Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired New York City-based Prosurance Redeker Group LTD., a specialty brokerage serving architects...
Feb 21 2018 // San Francisco-based personal insurance shopping site Gabi has raised $9.5 million in Series A funding, led by Canvas Ventures. Also joining the round are Correlation Ventures, Northwestern Mutual Future Ventures, Securian...
Feb 21 2018 // San Diego, CA, February 21, 2018 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced today the continued expansion of their Property capabilities with...
Feb 19 2018 // The Hartford has agreed to acquire Foremost Insurance branded small commercial lines business from Farmers.The Hartford is acquiring the renewal rights on $200 million in small commercial lines premium sold through about...
Feb 19 2018 // Despite the growth of both technology-based and direct-to-customer sales channels in the property/casualty (P/C) insurance industry, independent agents still control the lion’s share of P/C premiums and represent a...
Feb 19 2018 // Total compensation for insurance agency management, owners, principals and support staff were up in 2017, while total comp for producers declined just slightly over the year before.That’s according to the 2018 Agency...
Feb 19 2018 // As the economy continues to improve, insurance agencies are finding that hiring and retaining qualified employees, which is never easy, has become even more of a challenge. It’s become tougher even though salaries at...
Feb 19 2018 // Wholesale insurance broker and program manager, Midlands Management Corp., has added insurance professional Lori Covey to its team in Dallas.A 25-year veteran of the industry, Covey started her career on the retail side of...
Feb 19 2018 // A state of Ohio program established to collect past due taxes from insurance agents has surpassed the $20 million threshold, Ohio Department of Insurance Director Jillian Froment announced.The vast majority of the nearly...
Feb 16 2018 // A former Lubbock, Texas, insurance agent has been sentenced to life in prison and ordered to pay back $810,000 to his victims, the Texas Department of Insurance (TDI) reported.Officers with the Texas Department of...
Feb 16 2018 // A Georgia insurance agent from Pierce County has been arrested and charged with 28 counts of insurance fraud, according to a statement from Georgia Insurance Commissioner Ralph Hudgens.Dana Larson Bowen, 52, of Blackshear,...
Feb 15 2018 // A former insurance agent in Bettendorf, Iowa, has been sentenced to five years’ supervised probation for insurance fraud, the Iowa Insurance Division reportedBillie J. Holmberg pleaded guilty in Scott County District...
Feb 15 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. hired re/insurance professionals Barry Rowland and Chris Cavani to augment its wholesale property team.Formerly a facilities and binder partner at JLT Re, Rowland...
Feb 14 2018 // The Texas Windstorm Insurance Association (TWIA) announced that its Policy Center for commercial and manufactured home policies is live and available for agents to use.TWIA said agents must now use Policy Center for all...
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire.As in the retail agency segment, consolidation among wholesale brokerages is being driven by buyers...
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd.Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Feb 9 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has hired Klayton Caldiero to serve as vice president in its Los Angeles office. Caldiero started his insurance career in 2001 as a...
Feb 9 2018 // A state of Ohio program established to collect past due taxes from insurance agents has surpassed the $20 million threshold, Ohio Department of Insurance Director Jillian Froment announced.The vast majority of the nearly...
Feb 9 2018 // Brokerslink announced the appointment of Jacqueline Legrand as CEO, succeeding José Manuel Fonseca, who is stepping back to focus his efforts on managing the growth of MDS Group, a Brokerslink reference shareholder, of...