Latest Agencies Headlines

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

Coverage Creativity

Jul 6 2020 // This morning, I wrote an article for the CPCU CLEW (Coverage, Litigators, Educators & Witnesses) Interest Group called “On Becoming an Insurance Coverage Nerd.” This afternoon, in this column, I get to...

Texas Independent Agents Name Stoffle Account Manager of the Year

Jul 2 2020 // The Independent Insurance Agents of Texas (IIAT) has named Karla Stoffle of Upshaw Insurance in Amarillo as Account Manager of the Year.The Account Manager of the Year award is given annually to an account manager in Texas...

Exclusive Coronavirus Survey: P/C Insurance Return to ‘Normal’ Office May Take Time

Jul 1 2020 // Many property/casualty insurance professionals, most of whom have been working at home during the pandemic, may need some convincing not only to return to an office anytime soon but also to engage in typical business...

Austin’s AgencyKPI Secures $5M in Funding from Insurance Industry

Jun 30 2020 // AgencyKPI, which has developed a business intelligence platform designed to address and manage the abundance of data produced by multiple software programs and legacy systems across the insurance industry, has closed on $5...

Aon Reverses Salary Cuts Implemented in May for Most Employees

Jun 30 2020 // Aon will end the salary cuts implemented in May as a response to the economic uncertainties caused by the COVID-19 pandemic.Effective July 1, Aon will end the salary cuts and repay colleagues for the lower pay, although a...

Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients

Jun 30 2020 // American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the...

New York Insurance Broker Arrested, Charged in $1M Fraud Scheme

Jun 30 2020 // A New York state insurance broker has been arrested and charged with wire fraud, attempted wire fraud and aggravated identity theft and is facing a maximum penalty of 20 years in prison.U.S. Attorney James P. Kennedy Jr....

Starting July 2, Michigan Drivers Will Have New Insurance Choices

Jun 29 2020 // Michigan drivers who renew or buy car insurance face a choice starting July 2: stick with unlimited medical coverage, go with less or — for seniors with Medicare — opt out entirely.The decision, a signature feature of...

The Liberty Company Insurance Brokers Adds Mehta in California

Jun 29 2020 // The Liberty Company Insurance Brokers has named Sanjay Mehta senior vice president. Mehta works out of the Irvine, Calif., office. He has more than 20 years of experience in the industry and was most recently at McGriff...

Top Agencies: Deadline Approaching to Submit for 2020 Ranking

Jun 26 2020 // Is your agency a top property/casualty independent agency? Find out by submitting your agency for the 2020 Insurance Journal Top 100 Property/Casualty Agencies Listing.Each year, Insurance Journal searches for the...

TexCap’s Brown Named Chair-Elect of Texas Independent Insurance Agents Group

Jun 26 2020 // The Independent Insurance Agents of Texas (IIAT) has installed Gaylon Brown of TexCap Insurance in Dallas as the group’s chair-elect for 2020-2021.Brown was named to the post during IIAT’s annual business...

Texas’ Online Surplus Lines Filing System Now Partially Operational

Jun 25 2020 // The Surplus Lines Stamping Office of Texas (SLTX) says some elements of its new online filing system, SMART, were released on June 12.Surplus lines agents and brokers who file policies with SLTX using automated filing now...

Cannabis Broker Spotlight: Boden With Crouse Went All-in on the Budding Industry

Jun 25 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...

Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic

Jun 25 2020 // According to Dorothy in the Wizard of Oz, there’s no place like home.For many in the property/casualty insurance industry, home is where their job has been during the pandemic. While millions of people in other...

Upmarket Homeowners Insurance Platform Openly Raises $15 Million

Jun 24 2020 // Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment.The round was led by Obvious Ventures, with participation from...

Breckenridge Insurance Services Welcomes Expert Brokers Alan Belthoff and Dianna McCall

Jun 24 2020 // Atlanta, GA, June 23, 2020 — Breckenridge Insurance Services is pleased to welcome two expert brokers to the wholesale brokerage and binding firm. Alan Belthoff joins the organization as a senior vice president, senior...

Rival Wholesale Brokers Ryan Specialty Group and All Risks Agree to Merge

Jun 24 2020 // Two of the largest property/casualty insurance wholesalers are looking to merge.The deal will unite Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in Delray Beach,...

California Workers’ Comp Classification Inspection Report Expanded for Agents

Jun 23 2020 // The Workers’ Compensation Insurance Rating Bureau of California is expanding its Special Inspection Report program to allow agents and brokers to request a WCIRB physical inspection of their clients’ California...

UK Insurance Broker Ardonagh Group Secures $2 Billion Loan for Acquisitions

Jun 23 2020 // UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender.The group is refinancing its debt with a 1.575...

Brokerslink Network Continues African Expansion with Tunisian Broker

Jun 22 2020 // Brokerslink announced a further expansion of its footprint in Africa with Tunisian brokerage Karé Kamoun becoming the latest affiliate to join the global broking business.The Tunis-based insurance and reinsurance broker,...