All the headlines from our Agencies Topic Page, ordered by recency.
Jul 11 2016 // Correction: The original version of this article omitted two of President Obama’s nominees, Colorado Insurance Commissioner Marguerite Salazar and Susan Louise Castaneda of The Hartford. Insurance Journal regrets the...
Jul 11 2016 // Florida insurance agents are trying to bolster the industry’s track record in attracting college graduates by employing a new state law that aligns college courses with the state’s licensing requirements.The...
Jul 11 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Jul 11 2016 // As hurricane season rolls on in Florida, one of the best protections against storms is a strong homeowner/insurance agent relationship.Having the right policy is just the start. Agents can help homeowners protect...
Jul 11 2016 // Robert Meseer, 63, of Westminster, was arrested last month by California Department of Insurance investigators on 32 felony counts of grand theft, insurance fraud, and forgery after acting as an insurance agent to...
Jul 11 2016 // Whether it’s an earthquake on the West Coast, a hurricane on the East Coast, tornadoes and floods in the Midwest, or an act of terrorism, all businesses have the potential of being faced with a disaster that can...
Jul 11 2016 // I have had agents tell me they have lost clients because of their “digital deficiencies,” which can include outdated websites and email systems and the lack of mobile capabilities.The exact mix of factors vary,...
Jul 7 2016 // National insurance distribution firm Confie has acquired two insurance brokerages in New York State – Lloyd D. Sprague & Son Inc. and J.N. Mason Agency Inc.Confie, a portfolio company of ABRY Partner, has completed...
Jul 6 2016 // General Re, the unit of Warren Buffett’s Berkshire Hathaway Inc. that appointed a new chief executive officer in May, struck a deal with a rival reinsurer to help revive sales.Alleghany Corp.’s TransRe will...
Jul 6 2016 // Arthur J. Gallagher has extended its investment in Scandinavia by acquiring an 85 percent stake in Swedish specialist insurance and reinsurance broker Brim AB.With revenues of US$11.4 million and employing 29 people, Brim...
Jul 5 2016 // The composite rate for commercial insurance placed in the United States moderated in June to minus 1 percent from minus 2 percent in May 2016.“Insurers are getting tired of cutting rates,” said Richard Kerr,...
Jul 5 2016 // UK broker network Compass has completed a management buyout from Arthur J. Gallagher, for an undisclosed sum.The deal sees the Compass business transfer into wholly independent ownership for the first time since its launch...
Jun 30 2016 // National wholesale insurance broker and managing general agent, Worldwide Facilities LLC, has added Matthew Begnaud in Houston office as senior vice president and broker. Begnaud has more than 10 years of industry...
Jun 30 2016 // National insurance broker and consultant, NFP Corp., has acquired First West Brokerage Services Inc. (First West), based in Orem, Utah.Founded in 1987, First West is a full service benefits insurance broker and consultant...
Jun 29 2016 // Latitude Brokers, the Hong Kong-based marine insurance specialist, has opened an office in Singapore, their second in Asia.With the continued growth of the marine markets in Singapore as well as the Lloyd’s platform,...
Jun 24 2016 // The Woodlands, Texas-based The Woodlands Financial Group announced its annual agent awards at the group’s recent national convention.President and CEO Gordy Bunch inducted 20 new members into the Million Dollar Club...
Jun 24 2016 // Robert Meseer, 63, of Westminster, was arrested by California Department of Insurance investigators on 32 felony counts of grand theft, insurance fraud, and forgery after acting as an insurance agent to allegedly steal...
Jun 23 2016 // Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William Berkley, executive...
Jun 22 2016 // Bill McGhee, of McGhee Insurance Inc., in Little Rock, Ark., has been elected president of the Independent Insurance Agents of Arkansas.McGhee previously served on the IIAA executive committee and board of directors. Other...
Jun 22 2016 // Ohio Lieutenant Governor Mary Taylor has revoked the license of insurance agent Brian Willms, of Dublin, for misrepresenting life insurance policies as an investment. The misrepresentations contributed to two clients...