All the headlines from our Agencies Topic Page, ordered by recency.
Jul 1 2021 // Insurance technology provider Zywave has acquired Spokane, Wash.-based IBQ Systems, which offers personal and commercial lines comparative rating.No terms of the deal were disclosed. The acquisition expands Zywave’s...
Jul 1 2021 // An investigation by insurance broker Arthur J. Gallagher & Co. into a ransomware attack on its systems last September has revealed that personal information on individuals was accessed. The broker is in the process of...
Jun 29 2021 // Pathpoint, a digital excess and surplus lines insurance brokerage, reported that it has raised $30 million in funding.Investors include Caffeinated Capital, which led the round, and repeat investors including SciFi VC,...
Jun 25 2021 // A Muskegon insurance agent charged with fraud and embezzling his clients’ money has pleaded guilty, according to Michigan Attorney General Dana Nessel and the Department of Insurance and Financial Services (DIFS)...
Jun 24 2021 // Allstate Corp. wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate Chief Executive Tom Wilson told Reuters on Wednesday.But the...
Jun 21 2021 // Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and...
Jun 21 2021 // Nearly a decade of continuous construction industry growth was halted in 2020 as the industry battled direct and collateral effects from COVID-19. According to Nationwide’s recent Agent Authority research,...
Jun 21 2021 // For many years independent agencies waited anxiously for a practical multi-company rating system in commercial lines.Now, several easy-to-use products are available to agencies with quoting capability among a growing...
Jun 21 2021 // Agents with clients who need license and permit bonds, miscellaneous bonds, court bonds or any number of bonds classified as “commercial,” should think twice about letting this business go to a competitor....
Jun 17 2021 // Premier Insurance Consultants Ltd. is the latest brokerage to be snapped up by Aston Lark, the insurance broking consolidator backed by Goldman Sachs.This takes Aston Lark’s total number of acquisitions up to 15 so...
Jun 17 2021 // Howden, the London-based international insurance broker, announced that Luigi Sturani has been appointed chief executive officer, Europe, along with Enrico Nanni who joins his team as chief commercial officer, Europe, in...
Jun 16 2021 // Jencap Group LLC, a New York-headquartered national wholesale intermediary, has promoted Mark Maher to president.In his new role, Maher will work with the Jencap management team to develop strategic plans, drive overall...
Jun 16 2021 // LIBERTY, Miss. — On June 2, Tom Lewis left his office at Liberty Insurance Agency to serve as guide for a group of bear hunters.In this case, the “hunters” were researchers from Mississippi State University...
Jun 15 2021 // Verlingue, the Adelaïde Group’s insurance brokerage subsidiary, is consolidating its brand in Switzerland and Portugal.After the successful launch of the brand in the United Kingdom in December 2019, the...
Jun 14 2021 // Two Louisiana insurance producers have been issued cease and desist orders, summary suspensions, fines and notices of license revocations, state insurance regulators said.The Louisiana Department of Insurance (LDI) fraud...
Jun 14 2021 // Aston Lark Ireland, the Dublin-based insurance broker, continues its growth acceleration by announcing the acquisition of McMahon Galvin Ltd.Financial terms of the deal were not disclosed. Based in Dublin, McMahon Galvin...
Jun 9 2021 // Azure Risk Ltd., a digital provider of marine and freight forwarding insurance, has been granted its application to broaden its license by the Hong Kong Insurance Authority.As a result, the broker has expanded its offering...
Jun 9 2021 // A Pensacola, Florida insurance agent has bee charged with selling fraudulent insurance policies to his clients in exchange for approximately $4 million in insurance premium payments.Jason R. Coody, acting U.S. Attorney for...
Jun 7 2021 // Cal/OSHA has cited Foster Poultry Farms Inc. in Livingston, Calif., and four staffing agencies for not protecting workers from COVID-19.Cal/OSHA opened its inspection after receiving notification that an employee had died...
Jun 7 2021 // Oh, how things vary from state to state. This is particularly true when it comes to insurance laws.As insurance professionals know well, variations in state governance and regulation extend to the insurance space, with...