All the headlines from our Agencies Topic Page, ordered by recency.
Apr 27 2020 // Aon announced it will temporarily cut the pay by 50% of the company’s named executive officers in response to the COVID-19 crisis.In addition, 70% of its global workforce will see a 20% reduction in their salaries,...
Apr 24 2020 // XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through...
Apr 24 2020 // Los Angeles, CA, April 24, 2020 – This year, Worldwide Facilities, national wholesale insurance broker, managing general agent and program underwriter, is celebrating 50 years of industry service and five years of record...
Apr 23 2020 // Global broking business Brokerslink announced the addition of two Latin American affiliates to its network: Asescor S.R.L. Corredor de Seguros (Asescor), based in Bolivia, and CyR Consultores in El Salvador.Asescor,...
Apr 23 2020 // The North Carolina Department of Insurance (NCDOI) is taking steps to continue licensing insurance agents in the state as quickly as possible amid the shutdown of application processing centers due to the pandemic,...
Apr 22 2020 // Texas insurance regulators say agents and adjusters can now take licensing exams at select sites in the state.The testing locations for Pearson VUE, the state’s testing contractor, had previously been closed do to...
Apr 22 2020 // NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming).The transaction closed...
Apr 22 2020 // Global broking business Brokerslink has announced the addition of African broker Gramon to its international network. Based in Brazzaville, Congo, the broker strengthens Brokerslink’s presence in the Africa region,...
Apr 20 2020 // The Florida Division of Agent and Agency Services will resume its ability to begin processing insurance agent licenses despite the closure of testing centers around the state, under a directive from Florida CFO Jimmy...
Apr 20 2020 // The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on...
Apr 20 2020 // A new e-book and online resource guide created by a trio of insurance agency executives, including Tony Caldwell, CEO of the Oklahoma-based agency network One Agents Alliance, aims to provide independent insurance agents...
Apr 20 2020 // Red skies at night, sailors’ delight. Red skies in the morning, sailors take warning. Just as the old adage infers, when it comes to marine risks, there will be losses. But, not every loss can be attributed to the...
Apr 20 2020 // A new apprenticeship program aimed at attracting and developing talent in the independent agency system is being rolled out by an insurance education organization that celebrates its 50th anniversary this year.Invest, the...
Apr 20 2020 // That this career offers freedom and room for advancement. I like the stability of the industry. People will always need insurance. The ability to work with many different carriers to provide clients with as many options as...
Apr 20 2020 // One challenge that agents face during this pandemic has been ignored: high stress levels, not just from housebound, income-challenged clients but also from agency staff working from home. I have heard many stories from...
Apr 20 2020 // With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide...
Apr 20 2020 // Developing young talent to become successful young agents is not easy.Chris Burand, president of Burand & Associates, an insurance agency consulting firm, estimates that the new producer failure rate is as high as 70%...
Apr 20 2020 // The way our industry and the persona of an insurance agent is portrayed by the public. I find the amount of inefficient methods for quoting and maintaining policies to be lazy and agitating. Constantly having to deliver...
Apr 20 2020 // I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.”That’s Richard Levick...
Apr 20 2020 // While consumers may have more time to consider their insurance needs during this period of stay-at-home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t...