All the headlines from our Agencies Topic Page, ordered by recency.
Mar 9 2020 // Small business doesn’t mean small-in-size when it comes to the commercial insurance market.Direct written premiums ranged between $99 billion and $103 billion in 2013, up from $91 billion in 2011, according to...
Mar 9 2020 // Auto and home insurer Windhaven Insurance has alerted its agents and employees that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and The Hearth...
Mar 4 2020 // H.W. Kaufman Group announced the closing of its acquisition of Barbican Protect Ltd., effective March 3.Barbican Protect, an MGA that specializes in commercial property, casualty, financial lines and marine across the...
Mar 3 2020 // Citing loss development for prior underwriting years, Dallas-based specialty property/casualty insurer Hallmark Financial Services Inc., is exiting its Binding Primary Auto business.The commercial auto product the company...
Mar 2 2020 // Chaucer, the London-based specialty re/insurance group, announced a new partnership with London-based insurtech Artificial Labs to deliver a next generation underwriting platform for high-volume specialty products.The...
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Feb 28 2020 // Until recently, insurtech not only was perceived as a competitive threat to independent agents, there was little startup activity dedicated to tackling the operational needs of insurance agents and brokers. That’s...
Feb 28 2020 // Renaissance Alliance Insurance Services, a membership alliance for independent insurance agencies, has added two new independent insurance agencies to its Florida network.The new agencies include Bruening Insurance Agency...
Feb 27 2020 // The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance.Key...
Feb 27 2020 // New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect their data from unfettered use by third-party vendors.The NAIC Insurance Data Security Model...
Feb 27 2020 // Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and...
Feb 27 2020 // BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 insurtechs for its first cohort that convenes March 2 in Des Moines, Iowa, for a five-week...
Feb 25 2020 // Insurance broker NFP Canada Corp. (NFP) announced that several of its Canadian insurance brokerages are adopting the NFP business name in each of the provinces and territories of Canada, where permitted by law. They...
Feb 24 2020 // Barbara Galgiani has spent her entire career specializing in both recreational and commercial marine industry – marinas, boat yards, hospitality, excursion boats and marine contractors. Roughly 90% of her revenue...
Feb 24 2020 // How satisfied do you feel at your job? If you’re not ranking where you want to be with your insurance brokerage, the answer is likely “not very.” Job satisfaction is closely tied to opportunities for...
Feb 24 2020 // What makes employees happy at work? Is it pay? Is it benefits? Culture, leadership or employee development opportunities?In today’s competitive insurance job market, it’s all of those and more. Employee...
Feb 24 2020 // Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019...
Feb 24 2020 // It’s hard to find a needle in a haystack, unless you know what you are looking forThe very best agencies that are committed to hiring new producers, who have senior leaders dedicated to recruiting, a bevy of internal...
Feb 24 2020 // Texas has increased the eligibility of military spouses to be licensed as a surplus lines agent in the state, according to the Surplus Lines Stamping Office of Texas (SLTX). Under new rules adopted by the Texas Department...
Feb 21 2020 // A licensed insurance producer from Emmett, Idaho, has been sentenced for misappropriation of fiduciary funds. Casandara H. Aune admitted to receiving cash for a client’s premium payment but reportedly did not apply...