Latest Agencies Headlines

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

Cannabis Insurance Group Expands Coverages, Adds Managing General Agent

Feb 20 2020 // Garnet Underwriting Managers (GUM), the managing general underwriter assigned to manage Garnet Casualty Insurance Corporation, has signed its first managing general agent, Conway E&S of Warrendale, Penn. This is a step...

BHSI Taps Swiss Re’s Weinmann to Head Customer & Broker Engagement in Germany

Feb 20 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany.Weinmann comes to BHSI with more than 20 years...

Viewpoint: 3 Ways Technology Makes Insurance Broker RFP Responses Easier

Feb 19 2020 // Requests for proposals (RFPs) are everywhere these days. As internet sourcing makes the market more competitive, insurance brokers who are able to quickly and accurately complete RFPs can see huge benefits and gain a...

Renaissance Alliance Insurance Services Adds 3 Agencies to Florida Network

Feb 19 2020 // Renaissance Alliance Insurance Services, a nationwide membership alliance for independent insurance agencies, has added three independent insurance agencies to its Florida network.The new members include: Bellken Insurance...

B3i’s Blockchain Platform Places 30 Reinsurance Contracts, Including Cat XoL Treaties

Feb 14 2020 // B3i Services AG, a two-year-old company owned by members of the insurance industry, announced that 30 contracts of reinsurance have been concluded on its platform, including some of the most complex catastrophe excess of...

Real Estate Investor and Property Insurance Program Webinar for Agents to be Held Tuesday, February 18

Feb 14 2020 // Atlanta, GA, February 14, 2020 — The Specialty Property team at Blue River Underwriters will host an informative webinar on the real estate investor property insurance market and other commercial excess and surplus...

Idaho Falls Agent Pleads Guilty to Insurance Fraud

Feb 14 2020 // Idaho insurance agent Misty A. Adams was taken into custody this week after being sentenced for insurance fraud.A licensed insurance producer from Idaho Falls, Adams, 45, reportedly backdated her son’s auto insurance...

NFP Buys Canada Political Risk and Trade Credit Broker, Indemnis Trade Risk Mgmt

Feb 11 2020 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd.Financial details of the transaction, which closed on Dec. 10, 2019, were not disclosed....

Maryland Cybersecurity Bill Would Set Defense Plan for Local Agencies

Feb 11 2020 // A new Maryland bill would ask the state’s Department of Information Technology to develop a baseline plan for localities within the state to help battle cyber attacks.Senate bill 120, introduced by Sen. Susan Lee,...

Allstate’s Growth Plan Includes Shift in Agent Commissions, Hike in Advertising

Feb 10 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...

Take a ‘Deep Dive’ Into the Nonprofit Sector: Nonprofits Treading Water as Market Hardens

Feb 10 2020 // The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to fully serve those entities that serve our communities in myriad ways,...

20 Noteworthy Agency Merger Stories of 2019

Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...

Insurance CEO Takes Fight for Nonprofit Coverage to Congress

Feb 10 2020 // Pamela Davis, president, founder and CEO for the Nonprofits Insurance Alliance (NIA), is on a mission to help nonprofits be successful at their mission by ensuring insurance is affordable and available.She started the...

Private Equity Still Driving Agency M&As

Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on DigitalThe private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...

How Brokers Stay Relevant? Be Nimble With Your Value Props

Feb 10 2020 // Commercial brokers, the future is bright. As you contend with an increasingly automated, digitally-enhanced insurance industry, rest assured your expertise remains valuable for your clients.That is, if you can adapt to...

20 Things to Know About Surplus Lines Insurance in 2020

Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...

Kansas AG: Insurance Agent Sentenced to 30 Months Probation for Fraud

Feb 7 2020 // A Smith Center, Kansas, insurance agent has been convicted of insurance fraud and related charges, and ordered to serve 36 months of probation, the Kansas Attorney General’s office reported.Trisha A. Wiehl, 40, was...

Insgroup Acquires Assets of Dallas Brokerage Harris F Underwood III

Feb 5 2020 // Houston, Texas-based insurance broker Insgroup Inc. (Insgroup), has acquired substantially all of the assets of the Harris F Underwood III Inc. (HFU) agency in Dallas.The deal between the two firms is effective as of Jan....

The Liberty Company Insurance Brokers of Florida Add Bobyack as Partner

Feb 4 2020 // The Liberty Company Insurance Brokers has added Rob Bobyack to the firm as a partner at its Moody Insurance Group office. Bobyack began his career in the insurance industry in 1997 as a workers’ compensation...

Breckenridge Insurance Services Promotes Emily Gosch to Vice President/Broker

Feb 4 2020 // Atlanta, GA, February 4, 2020 — Breckenridge Insurance Services is pleased to announce the promotion of Emily Gosch to vice president, property and casualty broker from associate broker. Gosch has been with the company...