All the headlines from our Agencies Topic Page, ordered by recency.
Apr 4 2023 // Ardonagh Advisory, the London-based SME broking platform, announced the acquisition of Pace Ward, a UK-based local broker that provides national coverage for large commercial clients, prestige and high-performance cars,...
Mar 31 2023 // Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova.Gallagher acquired Brim in 2016,...
Mar 30 2023 // An unlicensed labor broker for the construction industry has pleaded guilty to participating in a fraud scheme in order to evade more than $1 million in workers’ compensation premiums.According to Manhattan...
Mar 28 2023 // AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker.AnaCap and MRHT’s...
Mar 23 2023 // EPIC Insurance Brokers & Consultants, the San Francisco-based retail property/casualty insurance brokerage and employee benefits consultant, announced the expansion of its Financial Services division with the launch of...
Mar 23 2023 // Chinese company ByteDance and its popular social media platform TikTok are facing a wrongful death suit in New York over the 2022 death of a teenager. The suit alleges that TikTok sent thousands of unsolicited suicidal...
Mar 23 2023 // Warner Pacific, a large general agency in several Western U.S. states, is reaching eastward with the acquisition of Agents Marketing Group in Miami, the company announced. The acquisition of AMG, a general agency, will...
Mar 23 2023 // More than 18 months after he pleaded guilty to absconding with almost $5 million in premiums, a Florida insurance agent has been sentenced to 14 years in prison.John M. Thomas, 52, the former owner of Thomas Insurance...
Mar 21 2023 // Correll Insurance Group, a rapidly growing agency in the Southeast, announced two more acquisitions of Tennessee-based agencies: SouthPoint Risk, in Nashville, and Insight Risk Management, in Memphis. Correll said in a...
Mar 20 2023 // At first glance, examining gender equality within independent agencies seems to show a near equal balance. After all, gender representation in insurance agencies showed significant improvement over the last few years....
Mar 17 2023 // The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working.In the past month alone, telecom and airline...
Mar 16 2023 // A licensed insurance agent, and the insurer she represents, owe a duty of care to a customer to explain coverages but neither the agent nor the insurer has a fiduciary duty to an insured under Connecticut law.U.S. District...
Mar 15 2023 // Arthur J. Gallagher & Co. announced the acquisition of UK-based AT Squared Holdings Ltd., operating as FE Protect. Terms of the transaction were not disclosed. FE Protect is an insurance broker specializing in the UK...
Mar 15 2023 // Howden, the London-based insurance broker, announced the acquisition of BWV Versicherungsbroker AG (BWV) in Liechtenstein.BWV is a market-leading independent broker with a portfolio of corporate and private clients, and...
Mar 14 2023 // Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of mid-market commercial broker Consort Insurance, subject to regulatory approval.Financial details of the deal were not disclosed....
Mar 10 2023 // Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore.With the Asian market presenting extensive opportunities, Asta...
Mar 8 2023 // ReFlex Solutions Ltd., a new independent reinsurance brokerage, has launched in Bermuda with near-term plans for expansion into London and the U.S.The new business is led by Neville Ching, an industry veteran with 40...
Mar 6 2023 // Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, has acquired Nashville-based Anderson Benson, a retail insurance brokerage and risk management firm. Anderson Benson, founded in 2012, has...
Mar 6 2023 // Technology is a double-edged sword that can drive fear as much as excitement for the future. Game-changing tech, though, allows us to make our imaginations a reality. Let’s take a spin down Future Lane to see what...
Mar 6 2023 // Lisa Parry Becker, vice president of an independent insurance agency in Langhorne, Pennsylvania, recounted a computer hacking incident a longtime client suffered recently. It sounds almost like a thriller novel, with a...