All the headlines from our Agencies Topic Page, ordered by recency.
Dec 12 2022 // Gautam Arora, 38, of Tustin, California, was arrested on 11 felony counts of securities violations and money laundering after a California Department of Insurance investigation reportedly found he allegedly defrauded four...
Dec 9 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market.The...
Dec 9 2022 // Francis Okyere, 70, a previously licensed insurance agent in Westlake Village, California, was sentenced this week after pleading no contest to 17 felony counts of identity theft and grand theft by false pretenses.A...
Dec 8 2022 // SiriusPoint Appoints New International Leadership Team, Including RSA’s Gibb as PresidentSiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has appointed Rob Gibbs as president of its international...
Dec 7 2022 // Hub International Limited acquired the assets of Invensure Insurance Brokers Inc. in Irvine, California. Robert Parent, CEO, and Charlene Richards, Executive Vice President, and the Invensure team will join Hub Los...
Dec 7 2022 // BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker.The terms of the acquisition were not disclosed. Eisenar...
Dec 6 2022 // Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates Limited (LSA).The transaction is expected to complete on Dec. 22, subject to certain closing...
Dec 5 2022 // Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired The Professional Broking Group Ltd., which trades as The Professional Indemnity Co.Financial details of the deal were not...
Dec 5 2022 // If the insurance industry hasn’t noticed, the sport known as pickleball is exploding across the country, especially in Florida, where more than 15 indoor clubs, replete with air conditioning, cafes, locker rooms,...
Dec 5 2022 // Professional boutique agencies are the solution, the only real solution, for all those producers who compete against big shops, insurtechs that use bots rather than humans, and those with low price/low quality commodity...
Dec 5 2022 // December is the perfect time to reflect on lessons learned over the last 12 months, and how to apply them in the new year. Hiring and recruiting is universal. We can learn a lot from one another. For this column, I posed a...
Dec 2 2022 // The former owner and operator of an Arlington-based insurance agency was sentenced earlier this month for fraudulently receiving disability benefits from the Department of Veterans Affairs (VA) and the Social Security...
Dec 2 2022 // KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine.The buyout firm agreed to fund on its own the totality of...
Dec 1 2022 // Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty insurance broker.Financial details of the deal were not disclosed....
Nov 30 2022 // Joseph Drahozal, age 57, of Cedar Rapids was charged with one count of Forgery (Class D Felony), two counts of Fraudulent Sales Practice under $10,000 (Class D Felony), and one count of Theft in the third degree...
Nov 30 2022 // British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the insurance broker at more than £600 million ($720 million), people familiar with the...
Nov 29 2022 // The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic.Based in King of Prussia, Pennsylvania, Sharpline...
Nov 29 2022 // Millions of California insurance consumers are being adversely affected and incurring higher costs of insurance due to the malfunctioning insurance regulatory system in California. Moreover, the broken regulatory...
Nov 28 2022 // Tysers Insurance Brokers Names Former Chubb Exec Kendrick as ChairTysers Insurance Brokers, the London-based broker, announced the appointment of Andrew Kendrick as non-executive chair. The appointment is effective Dec. 1,...
Nov 28 2022 // French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website.The statement, which confirmed a Bloomberg News report,...