All the headlines from our Agencies Topic Page, ordered by recency.
Jun 5 2017 // Where does the time go? Four months into 2017, here are four industry observations and four action items every insurance agency principal can take before the next four months pass.1. Merger and acquisition activity and...
Jun 5 2017 // The Texas Legislature has passed a bill exempting certain commercial insureds from the requirement that agents make a “diligent effort” to find insurance in the admitted insurance market before taking the risk...
Jun 5 2017 // “I’m being bought out!”“We’re merging with an agency five times our size that will take our revenue to a whole new level!” While expressions of excitement like the ones above might be...
Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures.I would love to share with you a story regarding a multinational company that demanded they be...
Jun 5 2017 // The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and...
Jun 2 2017 // Toledo, Ohio-based insurance brokerage, Hylant, has named Jim Stengle as senior vice president, employee benefits business development manager. It is a newly created role within the agency’s Employee Benefits...
Jun 2 2017 // Wanda Becotte will join tKg Wholesale Brokerage as senior underwriter, Small Business Division serving its Southeastern region.Becotte began her insurance career in 2002, working on the retail side for nine years. During...
Jun 1 2017 // An Arkansas man who pretended to be an insurance broker and collected more than $1 million selling fake insurance policies in three states has been sentenced to more than five years in prison, the Arkansas Insurance...
May 31 2017 // The Central Insurance Companies was recently honored with the Best Practices Award of Excellence from the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”). This is the tenth...
May 31 2017 // Austin, Texas-based agency partnership, Combined Agents of America (CAA), has added Nikki Toon as production director. Toon has more than a decade of experience working in the insurance industry from a carrier, agency and...
May 31 2017 // The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc.“We’re in contact...
May 31 2017 // Valuations of insurance agencies are as high as they have ever been and there does not appear to be any lessening of interest among suitors, according to an industry mergers-and-acquisitions (M&A) consultant.John...
May 30 2017 // Arthur J. Gallagher & Co. has acquired Williams-Manny Insurance Group, headquartered in Rockford, Illinois. Terms of the transaction were not disclosed.Founded in Rockford in 1896, Williams-Manny Insurance Group is a...
May 26 2017 // The acquisition by AmWINS Group Inc. at the end of last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based global distributor of specialty insurance products and...
May 26 2017 // The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based...
May 26 2017 // The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance...
May 24 2017 // Independent insurance agencies in Rhode Island have a new market for coastal homes – Spinnaker Insurance Company. Spinnaker’s New England distributor, Insurance Agency and Customer Service Company (IACSC) of...
May 24 2017 // tKg Wholesale Brokerage has hired Matt Wischnowsky as an account executive focused on professional liability. Wischnowsky brings more than ten years of experience to the position.Most recently, Wischnowsky served as the...
May 23 2017 // Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers.According to the survey of about 100 commercial lines...
May 22 2017 // Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take...