Latest Agencies Headlines

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

Deutsche Bank Forms Bancassurance Partnership with Digital Broker Friendsurance

Jan 16 2018 // Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs.To drive this, Deutsche...

Hub International Acquires P/C Book from Montreal Broker Daniel Picard

Jan 12 2018 // Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard.Terms of the acquisition were not...

Senators Propose Heavy Fines for Credit Agencies Over Privacy Data Breaches

Jan 12 2018 // Two Senate Democrats are proposing large new fines for credit reporting agencies that lose consumers’ personal information in data breaches, according to a bill they introduced on Wednesday.The bill would impose...

2 Minnesota Employee Benefit Agencies Merge

Jan 10 2018 // Two independent Minneapolis, Minnesota-area employee benefits firms, SevenHills Benefit Partners and The Cleveland Company, have merged to offer broader services to local clients.The new firm, SevenHills Cleveland Benefit...

New Hampshire’s SIAA Hires Carey to Business Insurance Advantage Program

Jan 10 2018 // Strategic Insurance Agency Alliance (SIAA), a Hampton, N.H.-based alliance of independent insurance agencies in the U.S., has hired Lizah Carey as a business insurance development specialist for its Business Insurance...

UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure

Jan 10 2018 // London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders.These shareholders include Aquiline Capital Partners, a private...

‘Super Underwriter’ Hoopingarner Wins Insurance Journal’s ‘Coolest Part of Your Job’ Contest

Jan 10 2018 // Insurance underwriter Aubrie Hoopingarner says 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...

California Wholesaler Conference Questions: Rising Premiums, Disruption, Disasters?

Jan 9 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...

Independent Insurance Agents of Plainview, Texas, Merges with Higginbotham

Jan 9 2018 // Fort Worth, Texas-based retail insurance broker, Higginbotham, and Independent Insurance Agents of Plainview (IIAP) have merged operations.With the addition of IIAP in Plainview, Higginbotham now has 27 offices in Texas....

Former Genitrix Board Members, Investors Not Liable Under Mass. Wage Act

Jan 8 2018 // The Supreme Judicial Court of Massachusetts (SJC) has ruled that two former board members and investors in a limited liability company are not liable for failing to pay the LLC’s former president, in a case that the...

The Competitive Advantage: A Scary Trend

Jan 8 2018 // Maybe “trend” is inaccurate because the data is scant, or maybe “trend” is a presage. The “trend” does not yet exist, but it will. The “trend” is companies taking drastic...

2018 Insurance Industry Meetings & Events Directory

Jan 8 2018 // CIWA Industry DaysJan 8-10 Hilton La Jolla Torrey PinesLa Jolla, Calif.California Insurance Wholesalers Association (CIWA)Contact: Thomas Shovlin, thomas@ciwa.netThe 19th Annual Windstorm Insurance ConferenceJan 15-19...

Top Insurtech Predictions for 2018

Jan 8 2018 // Insurtech is often framed as a force of disruption in the insurance industry. But technology doesn’t disrupt the industry – it enhances the way carriers and customers interact. In 2018, I predict we will...

People

Jan 8 2018 // Oklahoma City-based independent insurance agency, INSURICA, has named Mark Bridges to lead its Texas operations as regional president.Bridges is currently the president of INSURICA DFB Insurance Services Inc. (formerly DFB...

People

Jan 8 2018 // Encino, Calif.-based Answer Financial has named Kevin Smith director of business development.Smith will report to Tom Capp, senior vice president of business development. Smith has more than 25 years of experience within...

Former California Agent Sentenced for Stealing $100K in Premiums and Investments

Jan 5 2018 // Former licensed insurance agent Frederick Donald Rollins, 42, of Moreno Valley, Calif., was sentenced today after pleading guilty to one felony count of grand theft, two counts of securities fraud and an aggravated...

Number of Licensed Insurance Agencies in Arkansas Grew 4% in 2017

Jan 5 2018 // Arkansas in 2017 had a 4 percent rise in the number of licensed insurance agencies compared with the previous year, the Arkansas Insurance Department (AID) reported.In an announcement released by the AID, Arkansas...

Niess Joins Ohio Insurance Agents Assoc. as Business Planning, Valuations Manager

Jan 4 2018 // Ohio Insurance Agents Association (OIA) has added Craig Niess as business planning and valuation manager.Growing OIA’s vision to be a “change agent for agent change,” Niess will lead the...

AmWINS Group to Acquire Seacoast Brokers, Trident Claims Management of South Carolina

Jan 4 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has reached a definitive agreement to acquire Seacoast Brokers, LLC, a South Carolina-based personal lines specialty MGA that designs,...

The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles

Jan 3 2018 // Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and...