Latest Agencies Headlines

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

Small Business Satisfaction

Aug 22 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...

The Top 10 Things Sharp Brokers Should Consider When Placing Cyber Liability

Aug 22 2016 // The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are...

Former Oklahoma Insurance Agent Sentenced to Federal Prison

Aug 18 2016 // A former Oklahoma insurance agent has been sentenced to 27 months in federal prison for fraud, the Oklahoma Insurance Department announced.Gary Edward Hibbing, 53, was sentenced after pleading guilty to two counts of wire...

Americans Put Too Much Faith in Homeowners Insurance

Aug 18 2016 // Too few Americans take steps to prepare for disasters and too many assume their home insurance policies will bail them out if one strikes.As disaster season peaks, a new national consumer survey commissioned by Trusted...

Boston Insurance Brokerage’s Lynch Heads Opening of D.C. Office

Aug 18 2016 // Boston Insurance Brokerage Inc. (BIB), a provider of commercial insurance, tapped Brian Lynch, vice president of high value personal lines, to head the opening of its office in Washington D.C. Lynch initially joined the...

Independent Insurance Agents of New York Promotes MacConnell

Aug 12 2016 // Independent Insurance Agents & Brokers of New York Inc., an insurance producer trade organization based in Syracuse, N.Y., has promoted Julie MacConnell from director of marketing and communications to assistant vice...

Former Idaho Agent Sentenced for Insurance Fraud

Aug 12 2016 // The insurance license of Zane Amy was revoked following an investigation by the Idaho Department of Insurance that showed he altered documents to get his clients premium discounts.Ae was sentenced for insurance fraud, a...

New U.S. Laws Back Still Doubted Climate Change

Aug 12 2016 // A federal appeals court in Chicago gave a thumbs-up this week to an obscure regulatory practice that helps the U.S. government account for projected costs of climate change. The decision comes less than a week after the...

Georgia Agent Arrested for Premium Theft

Aug 12 2016 // An investigation by the Georgia Department of Insurance’s Fraud Division has resulted in the arrest of an agent in Gwinnett County insurance for fraud, according to a statement from Commissioner Ralph Hudgens.Julia...

Insurer Focus on Customers, Unique Policies Boosts Satisfaction Among Small Business Owners

Aug 9 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...

PartnerRe Names Bruniecki as Head of Global Client & Broker Management

Aug 8 2016 // Bermuda-based PartnerRe Ltd. has appointed Jörg Bruniecki as head of Global Client & Broker Management, effective August 1.Responsible for ensuring that PartnerRe’s largest multinational clients experience a...

Top 100 Independent Property/Casualty Agencies

Aug 8 2016 // About This Report: Welcome to the 12th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report.The Top 100 list is ranked by total property/casualty agency revenue for 2015 and comprises only...

Agencies’ Greatest Struggle

Aug 8 2016 // An agency’s greatest struggle, per many surveys, is finding staff and producers. What if they were as available as different loaves of bread and you could go to a supermarket to purchase producers and...

Robust M&A Deal Activity Continues in Q2 2016

Aug 8 2016 // Merger and acquisition activity was slower in the second quarter of 2016, compared to Q2 2015, but was still above 2012, 2013 and 2014 levels for the same period. In Q2 2016, there were 88 transactions, compared with 119...

Retention Strategy with Millennial Policyholders

Aug 8 2016 // Within the last decade, the global business marketplace as a whole has undergone several facelifts when it comes to the comprehensive sales process. Perhaps the most noticeable change within this spectrum is the hefty...

Congratulations Top Agencies

Aug 8 2016 // This year marks the 12th annual publication of Insurance Journal‘s Top 100 Agencies special report.This year’s Top 100 welcomes nine newcomers: Cross Financial Corp. (Cross Insurance); Prime Risk Partners Inc.;...

The Future of Insurance Belongs to Intermediaries

Aug 8 2016 // Great efforts have been made recently to disintermediate the insurance process. One prevalent example of this is by routing insureds directly to the carrier, bypassing the independent agency distribution channel.More and...

Michigan Insurance Agents Accused of Pocketing Premiums, Unlicensed Activity

Aug 5 2016 // The Michigan Department of Insurance and Financial Services (DIFS) has issued a cease and desist order against Angella Swain-Jones (alias Stacey or Sarah) and summarily suspended the insurance license of Cornell Jones and...

SLSOT Using Data to Better Communicate with Surplus Line Market Stakeholders

Aug 4 2016 // Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which...

Agent-Broker Organic Growth Slows to 5-Year Low: Reagan Consulting

Aug 4 2016 // Organic revenue growth in independent insurance agencies and brokerage fell to 4.0 percent for the second quarter of 2016, down sharply from 5.9 percent for the second quarter of 2015, and the lowest rate since 2011, as...