All the headlines from our Agencies Topic Page, ordered by recency.
Oct 19 2020 // The industry has long warned of the growing agent shortage and has prescribed more aggressive promotion of career opportunities especially in technology to attract the next generation. As the shortages grow more acute,...
Oct 19 2020 // The Liberty Company Insurance Brokers Inc. in Woodland Hills, Calif., offered the perfect Hollywood ending for Bill Johnson.Johnson started the brokerage fresh out of college in 1987, then later took a break to get into...
Oct 15 2020 // The Liberty Company Insurance Brokers has added Wes Bloodgood to the Woodland Hills, Calif., office. Bloodgood has experience in high net worth personal lines risk management, as well as experience with high risk...
Oct 13 2020 // Insurance agent Brenda Cervantes, 31, of Oxnard, Calif., and unlicensed employee Edith Arellano-Quinones, 39, of Ojai, were arraigned on Tuesday on misdemeanor counts of insurance fraud after allegedly selling auto...
Oct 13 2020 // EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in the broker to 35%.This investment will help London-based EC3 Brokers broaden its offering and...
Oct 13 2020 // Wholesaler insurance brokers AmWINS and CRC, along with independent agency Heffernan Insurance Brokers, are the charter members of a new alliance to accelerate technology improvements in the brokerage, wholesale and...
Oct 12 2020 // NFP, a New York City-based insurance broker and consultant, announced the acquisition of Ernest R. Shaw Ltd. in a transaction that closed on Sept. 1, 2020.Financial details of the deal were not disclosed. ER Shaw, located...
Oct 9 2020 // The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the threat not only to their own IP, but also the potential that they may face a claim of infringement by...
Oct 8 2020 // After launching in Florida as a flood insurer in 2016 and expanding into the homeowners market in 2018, TypTap Insurance Co. has officially started the process of becoming a nationwide company.The technology-driven insurer...
Oct 8 2020 // Global insurance broker Hub International has acquired the property/casualty and employee benefits businesses of Mumby Insurance Brokers Inc. in Waterloo, Ontario.Terms of the transaction were not disclosed. Mumby...
Oct 8 2020 // Pathpoint, a new brokerage for excess and surplus lines, is billing itself as an all-digital wholesale brokerage built from the ground up.Pathpoint is licensed across the U.S. and is a coverholder at Lloyd’s of...
Oct 8 2020 // AMS Professional Liability, a wholesale broker in the state of Florida, and Allsouth Professional Liability, a brokerage specializing in professional liability insurance in the southeastern United States, have been...
Oct 8 2020 // Florida-based flood insurance agency National Flood Insurance (NFI) has backed a new online platform for consumers and agents to quote, compare, and purchase flood insurance policies from multiple flood insurance...
Oct 7 2020 // The international insurance broking group Howden recently announced that it has agreed to acquire A-Plan Group, one of the UK’s largest personal and commercial lines insurance brokers.The deal promises to create one...
Oct 7 2020 // Global insurance brokerage Hub International Limited has acquired the assets of Bernstein Insurance LLC. Terms of the transaction were not disclosed.Bernstein Insurance’s principal owner, Jennifer Bernstein, was...
Oct 7 2020 // Newfront Insurance has added a team of insurance brokers who were formerly part of Paramount Insurance in Fresno, Calif.The move reflects Newfront’s growing investment in agriculture, service and manufacturing. The...
Oct 6 2020 // First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., has acquired two Iowa agencies: Brummel Madsen Insurance in Cedar Falls and The Engel Agency in Maquoketa.Brummel Madsen Insurance has been...
Oct 5 2020 // Wholesale Trading Insurance Services LLC and its parent company, Jencap, LLC, have agreed to acquire privately held Landmark E&S Insurance Brokers LLC, an Anaheim, Calif. based specialty wholesale brokerage firm.Terms...
Oct 5 2020 // Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020.Ironside Insurance Brokers is a family-owned brokerage located in Carstairs, Alberta. Its...
Oct 5 2020 // We all know about the Pareto Principle, the 80/20 rule. It also applies when analyzing the profitability and the work required for an agency’s book of business. Roughly 20% of the accounts generate 80% of the...