All the headlines from our Agencies Topic Page, ordered by recency.
May 7 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...
May 3 2012 // With a quote from former president Ronald Reagan, an emergency motion from a sex toy business and increasingly acerbic accusations, the legal battle between the new and old owners of bankrupt agency C.M. Meiers continues...
May 2 2012 // A Helena couple that rented a greenhouse to a medical marijuana operation have sued their insurance broker after their insurance company denied a $75,000 damage claim filed following a federal raid of the operation.The...
May 2 2012 // The challenges of today’s economy appear to be driving some independent agents into new niche insurance markets and product lines.Almost 60 percent of independent agents say they have begun to or plan to expand into...
May 1 2012 // Nationwide Mutual Insurance Co. said that the company completed its previously announced $834 million merger deal with Harleysville Mutual Insurance Co.The deal was first announced in September 2011. Nationwide Mutual...
Apr 30 2012 // The McGowan Companies (McGowan), based in Fairview Park, Ohio, purchased the assets of Allied Insurance Brokers Inc. (Allied). Allied, which is headquartered in Marriottsville, Md., will begin operating under the...
Apr 30 2012 // New York regulators said two former insurance agents who pled guilty to swindling $400,000 from elderly clients by fraudulently changing beneficiary information on annuity contracts have been sentenced to jail time and...
Apr 27 2012 // Speaking at the Independent Insurance Agents and Brokers of America (IIABA) conference, IIABA Chairman Mike Donohoe said the association is an indispensable partner and guide for independent agents in a rapidly changing...
Apr 27 2012 // The Independent Insurance Agents & Brokers (the Big “I”) has awarded an Iowa agency owner, Bob Fulwider, with the Woodworth Memorial Award, the highest honor the association bestows on one of its membersThe...
Apr 27 2012 // Chicago, IL, 04/27/12 – ThinkRisk Underwriting Agency, LLC and OneBeacon Professional Insurance join forces to announce the launch of a new Professional Liability Policy for Insurance Agents & Brokers. The...
Apr 26 2012 // More than 1,000 independent agents from around the country will be visiting Capitol Hill offices in Washington, D.C., today to lobby members of the House, Senate and their staffs.Called “The Big ‘I’ Day...
Apr 26 2012 // The Mississippi Court of Appeals has upheld a ruling that the owners of a Bay St. Louis restaurant cannot collect more than $300,000 they claimed to be owed by a local insurance agent after their business washed away in...
Apr 25 2012 // Swiss Re and its private equity partners Apax and PAI are in pole position to acquire Groupama’s GAN Eurocourtage [brokerage] unit for about €600 million ($793.2 million), people familiar with the situation...
Apr 25 2012 // Atlanta-based specialty insurance broker Beecher Carlson has promoted Sharon Brainard to senior managing director. Brainard will now manage the East Coast operations for the National Casualty Brokerage Practice, operating...
Apr 24 2012 // A 49-year-old insurance broker who stole large amounts of money from elderly clients has been sentenced to 30 years in prison and must pay more than $1.4 million in restitution. The Denver Post reported Mendenhall was...
Apr 23 2012 // The Strategic Insurance Agency Alliance (SIAA) announced it signed five new agencies in the Midwest during March.The new Midwest agencies are: Mraz Insurance Services of Mokena, Ill.; L&K Insurance Products of La...
Apr 19 2012 // The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said six new agencies in the northeastern region became members in March.These new members are: Keane...
Apr 19 2012 // USI Insurance Services, an insurance brokerage firm headquartered in Briarcliff Manor, N.Y., acquired certain assets of BBVA Compass Insurance Agency, a unit of BBVA Compass, a financial holding company headquartered in...
Apr 19 2012 // As in every other business sector, during the past few years organizations within the property/casualty insurance industry have sought to maximize efficiencies and take full advantage of the talent in their existing...
Apr 19 2012 // Across the nation, employment levels in insurance agencies and brokerages declined at a faster rate than the overall U.S. employment level since the recession began in 2007. The good news: Some independent agencies across...