All the headlines from our Agencies Topic Page, ordered by recency.
Sep 21 2020 // Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage.Lockton’s alliance with Birwood is part of the company’s...
Sep 21 2020 // I received a nice email from a reader asking me to write about how important it is to support good producers and how good producers should be heroes rather than grouping all producers as anti-heroes. He provided the...
Sep 21 2020 // Year after year I have found that insurance agencies spend 60% of their recruiting activity on account management hires. This far overshadows the combined time spent hiring producers, managers and executives. With such a...
Sep 21 2020 // In the most recent Closing Quote in Insurance Journal, I wrote about why I believe this is the best time in history for entrepreneurial agents to create a new independent insurance agency. My reasons include lower costs,...
Sep 21 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
Sep 18 2020 // Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group...
Sep 18 2020 // Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a...
Sep 18 2020 // Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported.The department said...
Sep 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...
Sep 16 2020 // Western Security Surplus (WSS), a part of XPT Partners, has hired industry veteran Suzy Baird as senior broker/underwriter with Houston Surplus Lines (HSL), a division of WSS.Baird is based out of the WSS Houston office....
Sep 16 2020 // Keystone Agency Investors (KAI), a new strategic partnership formed by Keystone Insurers Group and Bain Capital Credit, has acquired four St. Louis, Missouri-based insurance agencies, which together will form Midwest Risk...
Sep 16 2020 // Insurance broker and consultant NFP is rebranding all of its European brokerages under its corporate name. The New York-based firm said that Mackenzie Taylor Benefits Consultants Limited, Linkfield Corporate Solutions...
Sep 15 2020 // OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management firm specializing in the international trade markets.IB&M will retain its...
Sep 15 2020 // Associated Agencies Inc., a privately held insurance and risk management firm based in Rolling Meadows, Ill., has acquired Bensman Risk Management Inc. and Bensman Associates Ltd. (The Bensman Group), a Bannockburn,...
Sep 15 2020 // A Lafayette Parish, Louisiana, insurance producer has been issued a cease and desist order, a license revocation, summary suspension and a fine for allegedly misappropriating premium funds, according to the Louisiana...
Sep 15 2020 // Foresight is now appointing a group of founding broker partners focusing on hazardous verticals in the middle marketSan Francisco, CA, September 15, 2020 – Foresight, a commercial insurtech MGU with carriers rated A-...
Sep 15 2020 // In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at the same time...
Sep 14 2020 // COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage.Yet, commercial lines insurance...
Sep 10 2020 // The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they are responsible for the accuracy of the data used in rating, underwriting, and...
Sep 10 2020 // As this trying year drags on, insurance agents might be tempted to take a quick breather. From a cyber liability perspective, however, the pressure on agents is ramping up over the rest of the year. Here’s why.In...