All the headlines from our Agencies Topic Page, ordered by recency.
Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord.The same report says that the...
Dec 1 2014 // Some believe the independent insurance agent may soon be on the endangered species list.Tighter margins and pressure from insurance carriers to meet increasingly higher production demands are putting the squeeze on every...
Dec 1 2014 // Premium Aggregation How is contingency revenue shared? How is contingency/profit sharing managed to protect individual agents? Will the network, cluster or aggregator provide you with a personalized aggregation model using...
Dec 1 2014 // Now more than ever agents are stepping up to the plate to protect their business. The experts agree that today agencies are more aware and proactive about reducing errors and omissions (E&O) risk.“Agents have...
Dec 1 2014 // The program insurance business market enjoyed its third consecutive year of growth in 2013 and appears on track to continue its expansion.However, while program business is attracting new interest, some participants are...
Dec 1 2014 // There are similarities between deciding to run a marathon and managing your agency’s errors and omissions (E&O) exposure. Very few people, if any, can wake up one day, decide to run a marathon and then, without...
Dec 1 2014 // Carl MaerzHaving met with my fair share of insurance agents I’m generally impressed with the level of professionalism they display. There are a few characteristics I’ve come across, however, that seem to creep...
Dec 1 2014 // Kansas insurance agencies say they’ve been flooded with queries about earthquake coverage after a 4.8 magnitude temblor struck near Conway Springs on Nov. 12.“We have been getting calls all day,” said...
Dec 1 2014 // A House Financial Services subcommittee recently held hearing to focus attention on legislation sponsored by two Florida representatives who want to encourage more flood insurance sales by private insurers as an...
Dec 1 2014 // The Texas Windstorm Insurance Association (TWIA) has initiated a process whereby interested insurance companies may access information on TWIA insured properties in an effort to move policies to private insurers.The...
Dec 1 2014 // The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency...
Nov 30 2014 // The West Virginia Board of Risk and Insurance Management is getting a new executive director. The board announced last week that Mary Jane Pickens will succeed Chuck Jones, who is retiring effective Jan. 1. Jones has been...
Nov 25 2014 // North Carolina insurance officials announced the arrest of Harry Bernard Laughlin of Charlotte on 28 felony counts of embezzlement by an insurance agent. Department of Insurance criminal investigators allege that between...
Nov 24 2014 // The Texas Windstorm Insurance Association (TWIA) has initiated a process whereby interested insurance companies may access information on TWIA insured properties in an effort to move policies to private insurers.The...
Nov 24 2014 // Authorities say a Nashville insurance broker was found dead in his secluded rental home in the U.S. Virgin Islands.The U.S. Virgin Islands Police Department confirmed that Edward Netherland, 60, was found Tuesday morning....
Nov 24 2014 // EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage, has acquired Greyling Insurance Brokerage & Risk Consulting, Inc., a specialty insurance broker and risk management consultant...
Nov 21 2014 // The brokerage industry has changed “utterly and fundamentally” over the past 30 years from a risk transfer function to much more of an advisory role, according to Dominic Christian, executive chairman, Aon...
Nov 20 2014 // Three of the largest U.S. wholesale firms — CRC, AmWINS Brokerage, and Swett & Crawford — have launched a $25 million public directors and officers insurance program at Lloyd’s of London called the CAS...
Nov 19 2014 // Andrew Caldwell has been named president of Worldwide Insurance Network Inc. in High Point, North Carolina, which owns Smart Choice. Since Caldwell’s start with the company in 2003, he has served in the positions of...