All the headlines from our Agencies Topic Page, ordered by recency.
Mar 17 2017 // Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt.The deal is the latest in a...
Mar 17 2017 // More than half (54 percent) of high-net-worth individuals (HNWIs) are concerned that they are underinsured, with many worried their coverage is inadequate for their needs, according to new research published by...
Mar 16 2017 // At the recent Professional Insurance Agents of Connecticut (PIACT) annual business meeting, Peter Frascarelli, CPIA, of the Peter M. Bakker Agency of Avon, Conn., was named Professional Agent of the Year.Frascarelli is the...
Mar 10 2017 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent?Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
Mar 10 2017 // A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients’ access to the London insurance market, according to the London Market Group (LMG), an association representing London’s...
Mar 10 2017 // The Professional Insurance Agents of Connecticut Inc. (PIACT) elected Kenneth A. Distel of Avon, Conn., as president at the association’s Annual Convention held in March at the Foxwoods Resort Casino in Mashantucket,...
Mar 9 2017 // A three-year-old Des Moines, Iowa-based business startup accelerator focused solely on the global insurance industry has developed into a streamlined organization with more applicants, more investors and more mentors than...
Mar 9 2017 // Salaries for insurance agency management, owners, principals and producers were up in 2016.Total compensation for support staff also increased, although not by as much as it did the year before. That’s according to...
Mar 8 2017 // The insurance industry could soon have a new acronym: WSIA. Introducing the Wholesale and Specialty Insurance Association (WSIA).That’s the name and acronym for the new wholesale, specialty and surplus lines...
Mar 8 2017 // Nonprofit organizations are a loyal bunch, often sticking with their insurance agents and brokers for years.But there is room for new agents who can help nonprofits fill some coverage gaps, cope with political changes...
Mar 6 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1.The cyber rules, codified at 23 NYCRR §500, require...
Mar 6 2017 // Henderson Brothers Inc., a Pittsburgh, Pa.-based independent broker, has hired Jeremy Taggart as a financial analyst in the employee benefits department.In his new role, Taggart will use his three years of industry...
Mar 6 2017 // Flooding in southern Louisiana in the late summer of 2016 revealed 86 percent of flooded homes had no flood insurance. No flood insurance next door to one of our nation’s — and that state’s —...
Mar 6 2017 // Despite big media hype that has included TV shows, magazines and blogs, the tiny home market is still small. Figures on its current size are hard to come by but the tiny home movement of people looking to downsize and...
Mar 6 2017 // A three-year-old Des Moines, Iowa-based business startup accelerator focused solely on the global insurance industry has developed into a streamlined organization with more applicants, more investors and more mentors than...
Mar 6 2017 // Bruce Carnegie-Brown will become the chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. His appointment also was...
Mar 2 2017 // Lilienfeld Corredores de Seguros has named Claudio Rossi as its next chief executive officer. He succeeds Renato Lilienfeld, who has been CEO since 1986.Lilienfeld will continue as chairman, working closely with Rossi to...
Mar 2 2017 // West Virginia Gov. Jim Justice, who was elected this past November, has appointed BB&T Insurance Agency Manager Allan L. McVey to serve as West Virginia’s Insurance Commissioner, effective April 1.McVey has been...
Mar 1 2017 // The U.S. Labor Department has taken a first step toward possible derailment or dilution of its controversial rule on retirement advice as it begins to re-examine it at the directive of President Donald Trump, according to...
Mar 1 2017 // Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business.Willis Towers Watson said the deal makes it the leading...