Latest Agencies Headlines

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

Independent Insurance Agents & Brokers of America Elects Costello to Executive Committee

Sep 26 2016 // Independent Insurance Agents & Brokers of America (IIABA) has announced that John Costello has been elected as an at-large executive committee member.In this role, Costello will work to provide general direction and...

Big ‘I’ Agents Promote McPhillips to Lobbying Team

Sep 23 2016 // The Independent Insurance Agents & Brokers of America (Big “I”) has promoted Jennifer McPhillips to vice president for federal government affairs. McPhillips first joined the Big “I” team in...

Michigan Educator Is InVEST Program’s Teacher of the Year

Sep 22 2016 // Monique Colizzi, who taught InVEST insurance courses at Charlotte High School (CHS) in Charlotte, Michigan, has been honored with the 2016 InVEST Teacher of the Year Award.The InVEST program, which is affiliated with the...

Home Insurers, Agents Face Satisfaction Gap with Affluent Gen Y Customers

Sep 22 2016 // Overall, home insurers are performing better in customer satisfaction as they compete more on improving the customer experience than on price.However, there is one up-and-coming affluent consumer group — the Gen Y...

Burns & Wilcox Names CRC’s Fuhrman to Retail Agency National Relationship Post

Sep 22 2016 // H.W. Kaufman Financial Group and Burns & Wilcox announced that Marc Fuhrman will join the firm in a new role as national relationship manager.Fuhrman, based in Los Angeles, formerly served as senior vice president of...

New MGA Verve to Target Liability Market for Insurance Agents, Insurers in U.S.

Sep 22 2016 // Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers.The...

3rd Party Managing Agent Asta Invests in Specialist MGA OverArk

Sep 22 2016 // Asta, the London-based third party managing agent and specialist MGA investor, has concluded a transaction to finance the development of OverArk Ltd.Asta will take a minority equity stake in OverArk and will also support...

Appalachian Underwriters Adds Reilly as Property Broker in Florida Office

Sep 22 2016 // Appalachian Underwriters, Inc. has added a new property broker, Aaron Reilly, to the Sarasota, Fla., office. Reilly will be developing new business opportunities throughout the country in various property and casualty...

Former L.A. Broker Convicted of Stealing Insurance Premiums

Sep 21 2016 // Martin McCloskey, 69, of Piñon Hills, Calif., pleaded guilty this week to three felony counts of grand theft and theft of fiduciary funds after defrauding his customers by failing to remit to insurance companies more than...

Worldwide Facilities Taps Perry As a Broker in Arizona

Sep 21 2016 // Worldwide Facilities LLC has added Aaron Perry to its team of brokers in Phoenix, Ariz. He focuses on construction and manufacturing. Perry has six years of wholesale insurance experience. He was previously with firms...

Chubb Rolls Out New Business Owner’s Policy for Small Business

Sep 21 2016 // Chubb is rolling out a new business owner’s policy, Chubb BOP. Crafted for small businesses, Chubb BOP incorporates protection for property and liability exposures, a supporting umbrella liability product, and the...

Michigan Orders Former Agent to Stop Selling Fake Auto Insurance Certificates

Sep 21 2016 // The Michigan Department of Insurance and Financial Services (DIFS) has ordered a Farmington man to stop selling fraudulent automobile insurance certificates through his company, SBS Agency.DIFS issued cease and desist...

21 States, Business Groups, Insurance Agents Sue to Block Obama Overtime Pay Rule

Sep 21 2016 // Officials from 21 U.S. states on Tuesday filed a lawsuit claiming an Obama administration rule to extend mandatory overtime pay to more than 4 million workers will place a heavy burden on state budgets.Hours after the...

CoverHound Small Business Commercial Suite Goes Live

Sep 21 2016 // Online personal insurance seller CoverHound is adding business insurance offerings— including workers’ compensation and commercial auto— to its online platform at CoverHound.com.The site is starting by focusing...

Global Risk Partners Acquires U.K.-based SLK General Insurance Services

Sep 21 2016 // Global Risk Partners Ltd. (GRP), the London-based insurance broking and managing general agent investment vehicle, has acquired the commercial and personal insurance broker, SLK General Insurance Services Ltd., based in...

SIAA Forms New Master Agency in California, Names Three to Staff Office

Sep 20 2016 // Strategic Insurance Agency Alliance announced the formation of a new master agency in support of planned growth in the northern California region.Strategic Independent Insurance Agency Solutions is headquartered in Santa...

Changes at the Top of Hub International: Cohen, Gulliver, Lineker

Sep 20 2016 // Insurance broker Hub International Limited (HUB) has named Marc Cohen, currently regional president of HUB East Region, as president of HUB International as part of a restructuring of top management.Cohen will replace...

Massachusetts Based XS Brokers Hires Kent to Connecticut Office

Sep 20 2016 // XS Brokers, a Quincy, Mass., headquartered independent insurance brokerage, has hired Jason Kent as a broker in the firm’s Connecticut office.His hiring comes as the firm has seen continued growth in its Connecticut,...

Big Box or Boutique?

Sep 19 2016 // It’s no secret that the world of insurance is consolidating. The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as the second-most-active six-month period since 2008, according...

Signs of the Agency Financial Times: 7 Key Trends Producers Should Watch

Sep 19 2016 // 7 Key Trends Producers Should Watch to Keep from Being Left BehindIn “Left Behind,” the first book in an apocalyptic series by Tim LaHaye and Jerry Jenkins, the main characters find themselves scrambling to...