All the headlines from our Agencies Topic Page, ordered by recency.
Sep 19 2024 // Lockton, the Kansas City, Missouri-based insurance brokerage firm, announced it has received regulatory approval to operate a reinsurance brokerage business in Colombia.“Lockton’s continued growth in Latin...
Sep 16 2024 // Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”).Jackson was installed as the 2024-2025 chairman of...
Sep 16 2024 // Finding success in the excess and surplus lines sector means building relationships, finding a specialty, putting in the work and getting creative in both hard and soft market cycles, young wholesalers say.“Technical...
Sep 16 2024 // I confess that for a guy who has made his living largely on commissions for decades, I don’t like the concept. It’s not that I don’t like getting paid — I do — but I find the commission system...
Sep 16 2024 // Wholesale insurance teams are up for a challenge, and they need to be. Rising rates, shrinking appetites, hurricanes, wildfires and increased demand mean those working in the excess and surplus (E&S) sector are facing...
Sep 10 2024 // Catalyit, an insurance technology hub for independent insurance agents, is partnering with the Independent Insurance Agents & Brokers of America, Inc. (the Big “I”) to support independent insurance agents...
Sep 9 2024 // Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia Ukraine conflict, Aon and Marsh McLennan are jointly calling for their removal.In...
Sep 4 2024 // CRC Group, a wholesale specialty insurance distributor with headquarters in Birmingham, Alabama, has added new faces to its team in the Southeast. Rector Sam Rector joined the Nashville office as a broker. He has spent...
Sep 4 2024 // Introducing the Only Comprehensive Platform for Agency Accounting OperationsSan Francisco, CA – September 4, 2024 – Ascend, the leading provider of accounting automation software to the insurance industry, is...
Sep 4 2024 // Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating companies failed to keep proper electronic communications — the latest fallout from...
Sep 2 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during...
Sep 2 2024 // We had some work done on our home recently and the contractor wasn’t what I was expecting. When I spoke with the GC (General Contractor), he told me that his sub (contractor) would be at my house, working on some...
Sep 2 2024 // Florida authorities in August arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last...
Aug 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since...
Aug 30 2024 // PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health...
Aug 27 2024 // Root, Inc., parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’...
Aug 27 2024 // First MainStreet Insurance announced the addition of three new agencies to its platform.Pederson Insurance located in Nevada, Iowa joined FMSI on July 1. The insurance agency offers auto, commercial, farm, financial, home...
Aug 27 2024 // Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd.Financial details of the deal were not disclosed. This latest deal adds to Clear’s...
Aug 20 2024 // Connecticut Governor Ned Lamont has submitted a request to President Joe Biden and the Federal Emergency Management Agency (FEMA) for a federal emergency declaration for Fairfield , New Haven, and Litchfield counties in...
Aug 20 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval.Financial details of the transaction were not disclosed....