Latest Agencies Headlines

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

WSS Hires Easley as Sr. Broker/Underwriter in Texas

May 29 2020 // WSS, a member of XPT Group, a specialty insurance distribution company, has added Meghan Easley as senior broker/underwriter in its Plano, Texas, office.Easley brings 15 years of industry experience, most recently in...

Cannabis Broker Spotlight: Bozzuto with Cannabis Connect is an Outspoken Advocate for the Business

May 28 2020 // Editor’s note: This is the first in 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...

Oregon Children Sue Day Care Owner, State Agencies Over Sex Abuse

May 28 2020 // The representatives of three children who attended a Polk County, Ore. day care are suing multiple people and state agencies over sexual abuse for $5.1 million.The children attended the now-closed Stinky Feet Childcare in...

Unlicensed Agent in California Nabbed for Allegedly Stealing $500K in Premiums

May 27 2020 // Unlicensed insurance agent Ai Ling Lee, also known as Linda Lee, 60, of Hacienda Heights, Calif., was arrested on nine felony counts of grand theft after allegedly stealing roughly $500,000 in clients’ insurance...

Georgia Man Accused of Defrauding Employer Over COVID-19

May 27 2020 // A Georgia man faces charges after authorities say he lied to his employer that he had tested positive for COVID-19.Santwon Antonio Davis, 34, is charged with defrauding his employer, the U.S. attorney’s office in...

Smart Choice® Grows to 8,000 Agency Partners

May 27 2020 // High Point, NC, May 27, 2020 – Smart Choice®, remains the nation’s fastest growing independent agency network, after partnering with over 350 new agencies in the first quarter of 2020, and reaching a milestone of...

Insurers, Agents Propose Pandemic Business Relief Plan; Plaintiffs Offer BIG Compromise

May 22 2020 // Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have thrown their lobbying weight behind a proposed federal program to replace...

Insurance Is Not A Company’s Primary Line of Defense in a Crisis

May 21 2020 // Imagine your company having a Halloween party: Employees show up wearing costumes mocking your customers, says the chief executive of a New York commercial insurance brokerage we recently interviewed. “Now imagine...

NFP Acquires Pennsylvania-Based Insurance Broker Team Scotti

May 20 2020 // Insurance broker NFP as acquired LFG Inc., which does business as Team Scotti). The transaction closed effective December 1, 2019.Team Scotti, based in Pittsburgh, Penn., and founded in 1987, is a national insurance broker...

I’m From the Government and I’m Here to Help – Part 3

May 20 2020 // This is third in a series of posts where I plan to respond to the bills that several states have filed to force insurance companies to pay business income claims related to COVID-19.Not reimbursing insurers means higher...

Navigating today’s uncertain insurance climate using Automation. How one company is helping Texas Agents figure it all out!

May 20 2020 // West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for...

The Liberty Company Insurance Brokers Adds Barkasy in South Carolina

May 20 2020 // The Liberty Company Insurance Brokers has hired David Barkasy to establish a presence for the company in South Carolina. David Barkasy Barkasy, who has been in the insurance field for more than 20 years, joins the team as...

When Insurers Deny Claims, Brokers Are Next in Line for Allegations of Wrongdoing

May 19 2020 // In the wake of government orders shutting down or seriously limiting the operations of businesses to deal with the COVID-19 outbreak, many affected businesses have turned to their insurers for coverage. This has led to a...

The Facts About Supposed ‘Illegal Acts’ Exclusions

May 18 2020 // Is the Insurance Policy Affected if the Business Opens Against a Governor’s Orders: The Facts About Supposed “Illegal Acts” ExclusionsStates have gone to war against some municipalities over COVID-19....

BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

May 18 2020 // BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by...

Why Trust When You Should Know?

May 18 2020 // It is often said that people buy insurance trusting that it will be there when they actually need it, and this is very true. But why trust when you should know?Also true, but rarely said is the following, “Often,...

Insurtechs Will Not Shape the Industry’s Future Alone

May 18 2020 // Insurtech was once the Wild West of the insurance industry. Many of Insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive...

What Insurance Pros in the Cannabis Business Are Doing Wrong

May 18 2020 // Jumping right into a new business may sound like a great first step, but long-time wholesaler broker Norman Ives advises a look-before-you-leap approach to the cannabis business.Ives is a broker and cannabis practice...

Transparency Is Key for Insurance Agents Handling Coronavirus Claims

May 18 2020 // Business interruption insurance has been a much-debated topic during the coronavirus crisis, with some businesses already pushing back against virus-related claim denials.In several cities, groups of businesses have filed...

Florida’s Capitol Preferred to Shed Nearly 24K Policies; Regulator to Monitor Operations

May 15 2020 // Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s insurance regulator to shed 23,800 policies just weeks before the start of hurricane...