Latest Agencies Headlines

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

PIA of Georgia Names New Officers; Tillman Elected President

Aug 4 2016 // Members of the Professional Insurance Agents of Georgia (PIA of Georgia) elected Hamilton Tillman serve as president at their annual meeting held at Lake Oconee, Georgia.Tillman is president of Tillman Insurance Agency,...

Miami Agent Gets 2-Year Prison Sentence for Issuing Fake Insurance Policies

Aug 4 2016 // A former insurance agent in Miami has been convicted and sentenced to prison on multiple felony charges, including creating fake insurance documents for his clients.The Florida Department of Financial Services’...

Atlas General Insurance Services Announces New Online Workers’ Compensation Platform, GoQuote

Aug 3 2016 // San Diego, CA, August 3, 2016 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the launch of GoQuote, a new online quoting system for managed...

J.M. Wilson Promotes Galecka; Hires Richards and Moloney

Aug 1 2016 // J.M. Wilson, based in Portage, Mich., has promoted Kristy Galecka to senior property/casualty underwriter and garage specialist. Galecka is responsible for quoting new and renewal accounts for a wide variety of commercial...

Starnes Succeeds Basso as CEO at Worldwide Broker Network in California

Aug 1 2016 // San Mateo, Calif.-based Worldwide Broker Network’s board of directors has elected Francie Starnes as CEO.Starnes succeeds Bruce Basso, who becomes chairman emeritus. Starnes was named WBN president and chief...

Brokers Assess Current Construction Insurance Market: Thumbs Up

Jul 29 2016 // Amid ups and downs, the construction market has nevertheless enjoyed steady growth over the past four years. Now construction insurance specialists believe the market is really heating up.The competition has carriers...

QBE to Supply General Insurance Products for Manulife Customers in Hong Kong

Jul 29 2016 // Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through...

ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services

Jul 28 2016 // Insurance Technologies Corporation (ITC), headquartered in Carrollton, Texas, and Compare.com, based in Richmond, Va., have partnered to help provide more auto insurance quotes to online insurance shoppers, the companies...

JLT Re Names Chandler EVP And Managing Broker in California

Jul 28 2016 // JLT Re has named Pete Chandler executive vice president and managing broker. He will be based in JLT Re’s San Francisco, Calif. office and report to Ed Hochberg, CEO of JLT Re in North America. Chandler comes from...

Capsicum Re Hires Bousfield, Palmer and O’Dwyer-Smith to Cyber Team

Jul 27 2016 // Capsicum Re*, the specialist reinsurance broker, announced it has hired Patrick Bousfield, Jane Palmer and Alice O’Dwyer-Smith to its cyber team. They are based in the London office and report to Ian Newman, a...

SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders

Jul 25 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...

Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk

Jul 25 2016 // Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members...

California Agent Allegedly Took $100K from Employer And Clients

Jul 25 2016 // Suren Hovhannisyan, 27, a licensed insurance agent in North Hollywood, Calif., was arrested at his residence in early July on multiple felony counts of burglary, grand theft, and unauthorized use of access cards after...

Navigating California’s High Workers’ Comp Rates and Excessive Lawsuits

Jul 25 2016 // California employers routinely pay the highest insurance rates for workers’ compensation in the country. The increasing rates are due to several factors including rising medical costs and an aging workforce. In this...

Treasury Adopts 2 Percent Formula for Defining Auto Insurance ‘Affordability’

Jul 25 2016 // If the average auto insurance liability premium paid by consumers in minority and low-income neighborhoods is more than 2 percent of the median income in those neighborhoods, the auto insurance will be considered...

Pen Canada Launches E-Traded D&O Platform in Response to Broker Demand

Jul 22 2016 // Pen Underwriting Canada has launched a purpose-built, e-trading platform for directors and officers insurance, in response to broker demand for a quick-quote, competitive D&O solution.The platform is simple,...

Timothy Furber, CPCU Joins Breckenridge Insurance Services as Senior Vice President, Broker

Jul 21 2016 // Atlanta, GA, July 21, 2016— Timothy Furber, CPCU has joined Breckenridge Insurance Services wholesale brokerage division as a senior vice president, broker in the Portland, Maine area office. Prior to Breckenridge,...

Southland Man Sentenced for Grand Theft After Posing as Insurance Agent

Jul 20 2016 // A Southern California man has been sentenced for grand theft for posing as a licensed insurance broker, selling insurance to commercial truckers and then pocketing premiums.Cristian Raul Videla, 34, of Van Nuys, Calif.,...

Bassman Completes Acquisition of Ascend Insurance Brokerage

Jul 20 2016 // Dallas-based Ascend Insurance Brokerage President and CEO Paul Bassman has closed on the acquisition of the company, purchasing the business from James Chippendale, who founded Ascend in 2001.Ascend specializes in the...

Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global

Jul 18 2016 // Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at...