Latest Agencies Headlines

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

Preferred Concepts Acquires Metro Insurance Services in New Jersey

Oct 8 2012 // Preferred Concepts LLC, a program underwriter and specialty insurance broker based in New York City, has entered into an agreement to acquire the assets of Metro Insurance Services in Springfield, N.J.Metro Insurance...

Business Moves – East

Oct 8 2012 // USI, TD InsuranceUSI Insurance Services, a brokerage and financial services firm in Briarcliff Manor, N.Y., said on Sept. 24 that it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A....

Fracking in N.Y.? Fugetaboutit!

Oct 8 2012 // Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is...

Academy of Insurance’s 2012 Fourth Quarter Schedule

Oct 8 2012 // October 11, 2012 The Real Meaning of the Property Damage Exclusion in the CGL Mary Anne Medina, Vale Training SolutionsOctober 17, 2012 Insurance Distribution and Marketing Chris Burand, Burand & Associates LLC...

Business Moves – Midwest

Oct 8 2012 // AmWINSNorth Carolina-based insurance wholesaler AmWINS Group Inc. has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on...

Business Moves – South Central

Oct 8 2012 // Texas Wholesale Insurance CoalitionA group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency...

A Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks

Oct 8 2012 // A slow trend toward economic recovery in the United States may bring good news and bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities.The good news is...

TWIA Study Recommends Lowering Agent Commissions

Oct 8 2012 // Among the top recommendations made by a consulting firm hired by Texas insurance regulators to investigate and report on ways to restructure the state’s property insurer of last resort in coastal areas is to reduce...

Business Moves – West

Oct 8 2012 // InsureZone, MSIFort Worth, Texas-based InsureZone announced it has acquired Denver-based MSI Group, with agencies in 20 states. The purchase adds 63 agencies to InsureZone’s network/cluster program. MSI Group...

Union Study Recommends Changes at N.M. Fire Agencies

Oct 8 2012 // A study concludes that firefighters aren’t capable of responding to calls within nationally recommended time frames in certain parts of Albuquerque and Bernalillo County in New Mexico.The Albuquerque Journal reported...

Allstate Agents Returning to Massachusetts After 25 Years

Oct 5 2012 // Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence.Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out...

Calif. State Fund May Recommend Workers’ Comp Rate Drop in Days

Oct 4 2012 // Editor’s Note: This is the second in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013.California’s...

Surplus Lines: Regulators Vetting of Alien Nonadmitted Insurers

Oct 4 2012 // The National Association of Insurance Commissioners (NAIC) is a non-profit entity that acts as the trade association for state insurance commissioners.Although the NAIC may play a central role in regulation of the...

Insurance Noodle Expands Online Quoting to Personal Lines

Oct 4 2012 // Insurance Noodle, part of Willis North America, has launched its immediate personal lines quoting hub. Expanding on the functionality of the company’s commercial lines quoting hub, the offering allows insurance...

N.J. Brokerage Bollinger Acquires The Morville Agency

Oct 4 2012 // Short Hills, N.J.-based insurance brokerage Bollinger Inc. has acquired The Morville Agency of Newton, N.J.The Morville Agency specializes in insuring New Jersey public entities. The agency’s owner George Morville...

Best Agency to Work For: South Central

Oct 4 2012 // This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan Insurance Agency, Graham, Texas; Meyer & Cook Insurance, Walnut Grove, California;...

Best Agency to Work For: Midwest

Oct 4 2012 // This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan Insurance Agency, Graham, Texas; Meyer & Cook Insurance, Walnut Grove, California;...

Best Agency to Work For: Overall

Oct 4 2012 // This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan Insurance Agency, Graham, Texas; Meyer & Cook Insurance, Walnut Grove, California;...

Virginia Agent Arrested for Allegedly Embezzling Premium Payments

Oct 3 2012 // Virginia authorities announced a local insurance agent is facing a handful of federal charges related to fraud. Graham Hutson Messer, 32, of Bremo Bluff, Va., was charged in a sealed indictment returned Sept.12, 2012 and...

Michigan Agent Rises on National Big “I” Leadership Team

Oct 3 2012 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that David Allen Walker was installed as the association’s vice chairman at the association’s recent...