All the headlines from our Agencies Topic Page, ordered by recency.
Jan 16 2024 // Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a newly released survey by...
Jan 11 2024 // First MainStreet Insurance L.C.announced the addition of seven new Iowa agencies to its platform to close out 2023.In late November 2023, Pfantz Insurance Services and the insurance operations of Eckhardt Enterprises, both...
Jan 11 2024 // This post is part of a series sponsored by IAT Insurance Group. It’s not news that property owners along the Gulf Coast are experiencing sticker shock when it comes their insurance renewal. The challenge is, rate...
Jan 10 2024 // The underwriting and wholesale brokerage group known as XS Brokers is expanding into the Southeast and has named Adam Geiss as vice president, based in Charlotte, North Carolina.“Charlotte, a vibrant and growing...
Jan 8 2024 // TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak...
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed.Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
Jan 8 2024 // This post is part of a series sponsored by IAT Insurance Group. U.S. coastal areas, particularly Gulf Coast states like Florida, Louisiana and Texas, have been hit hard in the past decade by climate change-related natural...
Jan 4 2024 // Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker.Financial details of the deal were not disclosed. This acquisition reflects...
Jan 3 2024 // This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased...
Dec 28 2023 // Global brokerage business, Brokerslink, has added Consejeros y Corredores de Seguros (CONSEJEROS), a leading broker in Peru, to its growing network.Founded over 34 years ago, CONSEJEROS is a highly respected broker with a...
Dec 22 2023 // Risk Strategies, a specialty insurance brokerage, has acquired Setnor, Byer, Boganoff Inc., which does business as Setnor Byer Insurance & Risk, a Fort Lauderdale-area brokerage and risk management firm. Terms of the...
Dec 22 2023 // Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Castel Underwriting Agencies Ltd. from Arch Financial Holdings (UK) Ltd. and minority shareholders.Terms...
Dec 22 2023 // The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers.Chancellor of...
Dec 20 2023 // Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands.Financial details of the transaction were...
Dec 20 2023 // This post is part of a series sponsored by InsurBanc.Independent agency principals seek loans for a variety of reasons, such as: Perpetuation or acquisition. Partner buyout. Producer development. Technology or...
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment.The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...
Dec 14 2023 // Swift Joins XPT Specialty Brokerage TeamXPT Specialty, headquartered in New York, N.Y., hired Ben Swift as an underwriter/broker specializing in commercial binding accounts for Midwest retailers. Before joining XPT, Swift...
Dec 14 2023 // The Texas Windstorm Insurance Association held its final quarterly meeting on Dec. 12 in Corpus Christi, where the board of directors voted to approve the association’s budget for 2024.The board also voted to keep...
Dec 13 2023 // A former North Carolina insurance agent who pleaded guilty to defrauding trucking company clients and a premium finance company of hundreds of thousands of dollars cannot challenge her sentence and restitution order, a...
Dec 13 2023 // A former Georgia insurance agent was missing Wednesday after he was charged with diverting a premium payment to his own bank account.Michael Durrell Preston Jr., 42, of Woodstock and Canton, was charged with insurance...