All the headlines from our Agencies Topic Page, ordered by recency.
Nov 1 2021 // According to Insurance Journal’s 2021 Agency E&O survey, 58.4% of respondents saw an increase in their E&O renewal premium from 2020 to 2021, up from 50.2% in last year’s survey. And 61.8% expect...
Oct 28 2021 // Keystone Agency Partners, an independent insurance agency partnership platform, appointed insurance industry veteran Robert A. Rusbuldt as the company’s first independent board member. Rusbuldt currently serves as...
Oct 28 2021 // Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly...
Oct 27 2021 // NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd.KGJ is a commercial insurance broker with specialization in combined risks for complex and non-standard...
Oct 27 2021 // London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector.Led by Cyril Gallagher, Bainbridge Collins was established more than...
Oct 22 2021 // The Liberty Company Insurance Brokers formed a new managing general agency, Aura Risk Management, providing program administration and a wholesale trading platform for its carriers, Liberty producers, and Aura’s...
Oct 21 2021 // Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years.Jeff Smith,...
Oct 21 2021 // The Wisconsin Office of the Commissioner of Insurance (OCI) has charged former insurance agent Richard Freeland with a number of violations of insurance law related to the sale of an unsuitable life insurance policy and...
Oct 21 2021 // Pay-per-mile digital auto insurer Metromile is pursuing what it is calling a “significant” expansion of its use of independent agents to sell its insurance, and it has hired a Travelers Insurance executive to...
Oct 21 2021 // The Perzel Agency has joined The Liberty Company Network of Insurance Brokers. Based in Philadelphia, Pennsylvania, The Perzel Agency was founded more than 25 years ago by Mike Perzel, specializing in personal lines and...
Oct 21 2021 // In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk...
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda.Financial terms of the transaction were not disclosed. Howden to...
Oct 21 2021 // BMS, the UK independent specialist insurance and reinsurance broker, announced the acquisition of Seoul-based insurance broker, Value-add Insurance Broker (VIB).Financial terms of the transaction were not disclosed. As...
Oct 21 2021 // Acrisure, the Grand Rapids, Mich.-based global insurance broker, announced it has signed an agreement to acquire It’sSeg, the largest independent benefit management and insurance broking firm in Brazil.The...
Oct 20 2021 // Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone.Financial terms of the deal were not disclosed....
Oct 19 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd.Terms of the transaction were not disclosed. Founded in 2005,...
Oct 18 2021 // Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd.Financial details of the transaction, which...
Oct 18 2021 // Hub International Ltd., the Chicago-based global insurance brokerage and financial services firm, announced it has acquired the assets of Rogersworks Inc.Financial details of the transaction were not disclosed. Located in...
Oct 18 2021 // Despite independent agents having long driven the lion’s share of property/casualty (P&C) insurance industry revenue, many have been feeling neglected by carriers who have had their sights set on the...
Oct 18 2021 // Dear Mary: Our agency is a regional, independent, privately held broker in the Midwest that has been in business for decades. Every year we hire young, inexperienced people to come into the business as assistants and CSRs....