Latest Agencies Headlines

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

Insurance Agent Turns Guide for Bear Hunters in Mississippi

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...

Broker Verlingue Consolidates European Brand by Launching in Switzerland and Portugal

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...

2 Louisiana Insurance Agents Fined, Suspended in Separate Actions

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...

Insurance Broker Aston Lark Ireland Buys McMahon Galvin Ltd. in Dublin

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...

Hong Kong Insurance Broker Azure Risk Expands Product Range

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...

Florida Insurance Agent Charged with Diverting $4M in Premiums

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...

Cal/OSHA Cites Foster Farms, Agencies for COVID-19 Violations

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...

Permissible Broker-Agent Fees: It’s All a Matter of Geography

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...

Canada’s Economical Insurance Launches Platform to Simplify Brokers’ SME Placements

Jun 4 2021 // Economical Insurance has introduced Vyne Commercial, a new digital platform and an expanded product offering, which is designed to simplify the process of insuring small businesses.Broker partners will be able to instantly...

Canadian Fintech Company Ratehub Launches Insurance Brokerage

Jun 4 2021 // Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance.Toronto-based Ratehub, which operates the financial product comparison site Ratehub.ca, said the launch brings the...

Broker Howden Launches World’s 1st Fully Sustainable Insurer, Parhelion

Jun 2 2021 // Howden, the London-based insurance broker, announced it is launching a UK insurer called Parhelion, which it describes as “the world’s first fully sustainable insurer.”Aiming to raise $500 million in...

People Moves: Island Insurance Names Kuioka COO, The Liberty Company Insurance Brokers Adds Newman in California

May 27 2021 // Island Insurance Co. has promoted Scott Kuioka to senior vice president and chief operating officer.Kuioka will continue to serve as chief investment officer and chief risk officer, and oversee the commercial lines-large...

Atlanta Insurance Agents Look to Expand Diversity, Equity, Inclusion Through Coalition

May 26 2021 // A group of Atlanta insurance professionals motivated by the racial justice movement in the wake of the murder of George Floyd exactly one year ago have formed a nonprofit with the mission of improving diversity, equity and...

Alabama Prohibits Businesses, Agencies From Requiring Vaccine Passports

May 26 2021 // Alabama Governor Kay Ivey on Monday signed a bill that prohibited private businesses and public institutions from requiring COVID-19 “vaccine passports” to access services or refusing those not inoculated...

Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford

May 25 2021 // Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies.The new offering, MarketTrends, helps agencies identify coverage trends,...

Online Boating Marketplace Boatim Adds Insurance with Marine Broker Partner AMI

May 25 2021 // Boatim Inc., a company offering digital boating products and services, has launched an online boat insurance offering for U.S. customers.Through a partnership with international marine insurance broker American Marine...

Cal/OSHA Cites Foster Farms, Staffing Agencies for COVID-19 Violations

May 24 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...

Howden Acquires UK Specialist Broker Medical Professional Risk Solutions (MPRS)

May 19 2021 // Howden Broking announced it has acquired Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector, for an undisclosed sum.Howden said the acquisition adds further expertise to...

Cyber Security Is a Conversation Agents Need to Have with Clients

May 17 2021 // Not only are more people working from home than ever before, but entire families are shopping online and using the Internet of Things — Alexa, Siri, Google Home, and other technology embedded with sensors or software...

All Agencies Must Have a Balance Sheet

May 17 2021 // I have written on this subject many times, but I have done an inadequate job of being understood because I keep coming across agency owner after agency owner who does not know they need a balance sheet, and in fact, that...