All the headlines from our Agencies Topic Page, ordered by recency.
Jan 8 2025 // Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), an agency network based in Buffalo, New York.Renaissance said...
Jan 7 2025 // Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could...
Jan 7 2025 // Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been easier to assert than to achieve consistently. Booking organic growth is difficult, even for firms...
Jan 7 2025 // A former insurance agent plead guilty to stealing premium from a premium finance company.Formerly licensed insurance agent Tonja Van Roy, 59, who currently resides in Las Vegas, but operated an insurance agency based in...
Jan 6 2025 // XS Brokers Promotes Buccinna to Regional Leader of New YorkXS Brokers, headquartered in Quincy, Massachusetts, promoted Peter Buccinna to vice president and regional leader of New York. Buccinna has over 26 years of...
Jan 6 2025 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group.Terms of the transaction were...
Jan 2 2025 // This post is part of a series sponsored by Darkhorse Insurance.Ever felt like a bird with clipped wings, singing the same song for the same company year after year? You’re not alone. Many captive insurance agents,...
Dec 30 2024 // Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.“It’s truly become an arms...
Dec 30 2024 // The U.S. Customs and Border Protection agency said it has seized more than 20,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia.Customs officers found the...
Dec 27 2024 // Florida’s Department of Financial Services has posted its enforcement actions for much of the last half of 2024, listing 12 insurance agents and 43 adjusters who were penalized, suspended, or had their licenses...
Dec 19 2024 // The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital...
Dec 17 2024 // This post is part of a series sponsored by Darkhorse Insurance.Imagine juggling multiple clients and endless paperwork. You face constant pressure to meet deadlines while providing excellent service. This overwhelming...
Dec 13 2024 // An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company...
Dec 12 2024 // Carriers are on the hunt for quality agencies to make new appointments, according to a new report, which also found that the top way they’re finding them is at industry tradeshows and events.While face-to-face...
Dec 12 2024 // BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the leading insurance broker Rasher, subject to regulatory approvals.The Rasher business...
Dec 12 2024 // This post is part of a series sponsored by Darkhorse Insurance.When you start an insurance agency, it’s an exciting venture! But, it requires careful planning and strategy. Putting together a detailed insurance...
Dec 10 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary backed by Warburg Pincus and Temasek, announced the acquisition of specialist insurance broker, R3.R3 is SRG’s 11th acquisition in 2024, following...
Dec 6 2024 // The U.S. Department of Labor reports it has obtained a consent judgment recovering more than $2.4 million in back wages and liquidated damages from Massachusetts and Pennsylvania healthcare staffing agencies that denied...
Dec 4 2024 // Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking...
Dec 4 2024 // Manhattan District Attorney Alvin Bragg, Jr. announced the indictment of officers of Inter-Insurance Agency Services Ltd. and the firm for their roles in an eight-year scheme in which they allegedly provided more than $250...