All the headlines from our Agencies Topic Page, ordered by recency.
Jan 4 2021 // Wholesale insurance brokerage AmWINS Group has rebranded its agency aggregator subsidiary Networked Insurance Agents to AmWINS Access – Admitted Placement Services.AmWINS Access is a nationwide binding platform for small...
Dec 30 2020 // The 2020 hurricane season was one for the books. From ferocious storms battering the Gulf Coast to heavy rains inundating the Florida Panhandle, the Atlantic saw an unprecedented amount of activity this year.The Weather...
Dec 23 2020 // Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough...
Dec 23 2020 // Insurance broker/advisor TigerRisk has appointed Daniel J. “Tad” Eldredge as partner and general counsel. He is located in Minneapolis, Minn.Eldredge comes to TigerRisk from Aon where he was chief counsel,...
Dec 22 2020 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire the general insurance operating companies of O’Leary Insurances (OLI) in Ireland.The transaction is...
Dec 21 2020 // Changes in licensing, fees and continuing education due dates for insurance agents in Virginia will take effect January 1, 2021.These changes, as provided by Virginia law, have been in the works for more than two years and...
Dec 21 2020 // Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has signed a definitive agreement to be acquired by middle-market private equity firm HGGC.SRG’s management team will invest...
Dec 18 2020 // Arthur J. Gallagher & Co. has acquired San Antonio-based PIATX LLC.Terms of the transaction were not disclosed. Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and...
Dec 17 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Dec 15 2020 // An Iowa insurance agent has been ordered to pay $18,000 in civil penalties and relinquish her producer’s license over fraudulent and dishonest business practices, regulators say.The Iowa Insurance Division cited...
Dec 15 2020 // Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed.Founded in 1995, Premier is a high-net-worth focused life insurance wholesale...
Dec 15 2020 // Boston Insurance Brokerage LLC (BIB) has hired Alex Gabriel to its Healthcare Professional Team. He will be working to grow business out of Northern Virginia.Gabriel brings with him more than 15 years of experience...
Dec 14 2020 // Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India.Anviti will transition to the Aon brand pending regulatory approvals. Financial...
Dec 11 2020 // Nationwide wholesale insurance broker CRC Group reported that Garrett Koehn and Brent Tredway will be appointed co-presidents of the company’s Brokerage Division effective January 1, 2021.The company said Koehn and...
Dec 9 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
Dec 7 2020 // PointeNorth Insurance Group, LLC (PNIG), a locally owned and operated independent insurance agency in the Southeast, has increased its footprint with the merger and acquisition of three insurance agencies: The Stastka...
Dec 7 2020 // A Buckeye, Ariz., woman who ran an insurance brokerage firm but kept premiums her clients intended to pay for their policies has been sentenced to 2 1/2 years in state prison.The Arizona Department of Insurance announced...
Dec 3 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Dec 3 2020 // The Texas Department of Insurance (TDI) has issued a reminder to insurance companies, agents, and marketers of discount healthcare programs that materially misrepresenting the terms and conditions of an insurance policy or...
Dec 3 2020 // BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Mediación Iberia Correduría de Seguros y Reaseguros, S.L.U. (BMS Iberia), has acquired Montymarq Asociados Consultores y...