All the headlines from our Agencies Topic Page, ordered by recency.
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...
Sep 10 2020 // Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed.Rhett was part of Nationwide Mutual Insurance...
Sep 9 2020 // Element Risk Management has acquired two new insurance agencies in Pennsylvania. Barrick & Associates of Hanover, Penn., and Danner’s Insurance, with locations in East Berlin and Biglerville, Penn., are now part...
Sep 8 2020 // London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas.London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program...
Sep 7 2020 // Starting an independent insurance agency, or any business, is a risky proposition. You’re moving from a secure position with a regular income and foreseeable future to a place where uncertainty is the new normal....
Sep 7 2020 // The demise of the independent agent has been predicted ad nauseam, however arguably the most hotly debated version came from a 2013 McKinsey report with a section entitled “The End of an Era for the Local Insurance...
Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms.In one, an insurance agency was added to a restaurant...
Sep 7 2020 // For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not expect to “fall in love with...