All the headlines from our Agencies Topic Page, ordered by recency.
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...
Apr 18 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish.The unemployment rate remains higher in key...
Apr 17 2012 // The auction and sale of C.M. Meiers Co. Inc., an out-of-trust Woodland Hills, Calif.-based insurance agency in bankruptcy, is a done deal. But the buyers and former owners are now in a squabble over allegations that the...
Apr 17 2012 // Federal emergency officials are calling on insurance agents to stop offering clients a cut of the agent’s commission if the client agrees to purchase a flood policy.The Federal Emergency Management Agency is taking...
Apr 17 2012 // Work At Home Vintage Employees LLC (WAHVE), a New York City-based company that provides domestic remote staffing services for insurance firms, appointed Frank Sentner as chief operating officer.Previously, Sentner was...
Apr 17 2012 // Wholesale insurance broker AmWINS Group Inc. announced today that its management and employee shareholders have agreed on a $1.3 billion recapitalization with private equity firm New Mountain Capital of New York. Other...
Apr 17 2012 // The phrase “Go west young man,” may not apply so well to the insurance industry in the nation’s most populous state.An examination of Bureau of Labor Statistics and Economic Development Department data...
Apr 16 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...
Apr 16 2012 // There’s a change happening in the insurance industry — a big change. Young independent insurance agents are leading a revolution.It’s a revolution of means more than ends. Young agents tend to agree with...
Apr 16 2012 // Louisiana Agency Partners, The Kirksey AgencyLouisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance...
Apr 16 2012 // A milestone in the modernization of the London insurance market was reached on March 5, when the electronic processing of endorsements using ACORD data messages was extended to all classes of business.The endorsements...
Apr 16 2012 // BB&T Corp., Crump GroupBB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., completed its previously announced acquisition of insurance businesses from Crump Group, a Roseland,...
Apr 16 2012 // Great American Insurance GroupCincinnati, Ohio-based Great American Insurance Group’s environmental division opened a regional office in New York City. The expansion complements the environmental division’s...