Latest Agencies Headlines

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

Soft Market, Weak Economy Will Challenge Insurers, Brokers in 2010

Apr 2 2010 // The recession may be over, but recovery is not happening quickly enough for insurers and brokers. From unemployment rates hovering at about 10 percent to still rising business bankruptcies, the lingering effects of the...

Texas Agency Awarded Trusted Choice Agency of the Month

Apr 1 2010 // The Hare & Rathke Insurance Group, in Humble, Texas, has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers.The Hare &...

Victor O. Schinnerer Acquires HSBC Insurance’s Energy Brokerage

Apr 1 2010 // Victor O. Schinnerer & Company, Inc. has acquired HSBC Insurance Services (USA) Inc., the energy insurance brokerage of HSBC Insurance. Effective April 1, 2010, the acquisition adds energy companies, utility companies...

Marsh Completes Acquisition of HSBC Insurance Brokers

Apr 1 2010 // Marsh announced that it has completed its previously agreed acquisition of HSBC Insurance Brokers Limited (HIBL), a wholly owned subsidiary of HSBC Bank plc, in the UK and other key markets in Asia and the Middle East.The...

Louisiana Agent Arrested; Faces 48 Counts, $10K in Fines

Apr 1 2010 // A Lafayette, La., insurance agent has been arrested, and served with a cease and desist order, license revocation and fine notice for alleged misappropriation, misrepresentation and forgery, the Louisiana Department of...

Heffernan Insurance Brokers Adds McCaffery as Assistant VP

Mar 30 2010 // Heffernan Insurance Brokers has hired Janine McCaffery as assistant vice president, commercial producer in its Palo Alto, Calif., office. McCaffery will expand Heffernan’s large commercial real estate and...

Last Chance to Join IJ’s 2010 Agency Salary Survey

Mar 30 2010 // Insurance Journal is calling on all insurance agents and brokers nationwide to find out who’s worth what in the independent agency system.It’s the last chance for agents and brokers to participate in the 2010...

Should Florida Follow New York and Revive Its Surplus Lines Exchange?

Mar 30 2010 // New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market that lasted for several years the last time it was tried.New York Insurance...

Insurance Agents: Get Ready for Green Building Exposures

Mar 30 2010 // An idyllic, pasture-like setting is not the only green image agribusiness owners would like the public to imagine when they picture their operations — they increasingly want to be known for their “green”...

Arthur J. Gallagher to Acquire Lloyd’s Broker FirstCity Partnership

Mar 29 2010 // Illinois-based Arthur J. Gallagher & Co. has agreed to acquire substantially all of the insurance brokerage business of FirstCity Partnership Ltd. of London, England. The transaction is expected to close in April 2010....

Heffernan Insurance Brokers Adds Benefits Specialist in Missouri Office

Mar 29 2010 // Heffernan Insurance Brokers announced that Simonne de Villiers has joined the firm’s Chesterfield, Mo., office as a benefits specialist.Heffernan is a full-service insurance brokerage in the St. Louis and Metro East...

New Insurance Association Forms in California

Mar 29 2010 // A new Broker Insurance Group (BIG) has formed in California, starting with a flagship chapter to serve insurance professionals of the Inland Empire area. Under the leadership of President Sharron Varga, a broker and...

Wisconsin-based Capitol Insurance Reports Strong 2009 Results

Mar 26 2010 // Capitol Insurance Companies (Capitol), a Middleton, Wis.-based national provider of specialty property-casualty insurance and commercial surety products, reported a strong year of underwriting profitability for the year...

Louisiana Agent, Agency Accused of Misappropriation, Forgery

Mar 26 2010 // Louisiana insurance regulators have served a Denham Springs, La., agent and her agency with cease and desist orders, license revocations and fine notices for alleged misappropriation, misrepresentation and forgery.Michelle...

New York Agents’ Group Declines To Join Lawsuit Against State

Mar 25 2010 // A schism is emerging between New York’s two main trade groups for insurance agents over how best to challenge rules requiring agents to reveal their pay.The Professional Insurance Agents of New York (PIANY) says it...

Marsh Joins Aon, Willis in Rejecting Contingent Commission Income

Mar 25 2010 // Giant insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business...

Bailey joins Transportation Risk Services as Vice President

Mar 25 2010 // Insurance transportation MGA and wholesale broker Transportation Risk Services (TRS) in Barrington, Ill., has added Sandra Bailey as vice president.Bailey has more than 25 years of experience in the insurance industry. The...

Plug Could Be Pulled from Flood Insurance Program Again This Weekend

Mar 25 2010 // Insurance and real estate agents are being advised to prepare their clients for another possible interruption of the federal flood insurance program in three days, which could be longer than the one that happened last...

PIA National Names Russell Agent of the Year; Tahaney CSR of the Year

Mar 24 2010 // The National Association of Professional Insurance Agents (PIA) named Timothy G. Russell of Sandy Hook, Conn., as the 2010 Professional Agent of the Year and Jennifer A. Tahaney of The Seltzer Group in Schuylkill Haven,...

Mississippi Insurance Agent Seeks New Trial in Federal Scam Conviction

Mar 24 2010 // Ecru, Mississippi insurance agent Ken Nowlin claims in court documents that he was given faulty advice by his attorney in a government kickback case and wants a new trial.In documents filed this month in U.S. District...