All the headlines from our Agencies Topic Page, ordered by recency.
Jan 30 2018 // China’s government, which has been probing alleged financial wrongdoing at Anbang Insurance Group Co., is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said.Central Huijin...
Jan 29 2018 // Chubb announced the launch of a new Agency Management and Underwriting unit in Singapore. This dedicated unit will manage the strategic growth of the agency distribution channel as well as its specific underwriting and...
Jan 26 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...
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
Jan 25 2018 // San Diego, CA, January 25, 2018 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced today that they are now working with over 50 carrier partners.Atlas,...
Jan 25 2018 // Insurance agents from across Florida marched together on the state’s capitol Wednesday to deliver a message to Florida lawmakers: It’s time for assignment of benefits (AOB) reform.Carrying signs that read...
Jan 24 2018 // Universal Insurance Agency, a First United company, has merged with Ledbetter Insurance Agency LLC. Both companies are located in Oklahoma City.According to the joint announcement from the firms, the merger creates one of...
Jan 24 2018 // Risk Strategies Co., a privately held national insurance brokerage and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist brokerage focused on the development of employee benefits...
Jan 24 2018 // The Worldwide Broker Network (WBN) announced the appointment of Larry Mojumdar, CEO of Mojumdar & Co. Ltd., of Tokyo, to its board of directors.Mojumdar & Co. was established in 1955 in Tokyo. The company sells...
Jan 23 2018 // Experienced lawyers and insurance professionals David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will...
Jan 22 2018 // A South Carolina school district has sued an insurance brokerage and several insurance companies, saying the district was sold excessive policies and charged too much.The Berkeley County School District filed suit in U.S....
Jan 22 2018 // Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold.However, surplus lines brokers had to work harder for all that premium. That’s according to Ben...
Jan 22 2018 // Salt Lake City, Utah-based Leavitt Group Insurance Advisors has named Mike Scott a senior risk advisor and director of program business.Scott will focus on middle markets, large accounts, and hard-to-place specialty risks....
Jan 22 2018 // Arkansas had a 21 percent increase in the number of licensed insurance agents last year and a 4 percent rise in the number of licensed agencies, the state insurance department reported.According to Arkansas Insurance...
Jan 22 2018 // Madison, Wisconsin-based American Family Insurance named Todd Fancher as its first digital transformation officer.Fancher will oversee American Family group’s strategic investment in technology and practices that...
Jan 22 2018 // Insurance underwriter Aubrie Hoopingarner said she wound up working in insurance the same way many people in the industry start their careers, she “kind of stumbled into it!”Now, nearly a decade into a...
Jan 22 2018 // As competition intensifies, agency owners have found it increasingly difficult to grow their business. Profit margins have shrunk, leaving many to turn to acquisition to sustain a high level of growth.This is known as a...
Jan 22 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...
Jan 22 2018 // Amazon may be close to jumping back into insurance, at least in India, with this month’s announcement of a possible investment in an online-only insurance startup. Whether the retailing behemoth is or isn’t,...
Jan 22 2018 // Chesapeake Employers’ Insurance Co., a Towson, Md.-based workers’ compensation specialist, has hired Danielle Quinn as a pharmacist case manager.In this role, Quinn is responsible for managing the Pharmacy...