All the headlines from our Agencies Topic Page, ordered by recency.
Jan 27 2020 // As individuals, one way that we resolve to get in shape for the new year is by signing up for gym memberships and fitness classes. In that spirit, agents and brokers should resolve to help their policyholders get their...
Jan 24 2020 // California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license.Lara announced the California Department of Insurance will use...
Jan 23 2020 // In today’s landscape, forward-thinking agencies and brokers should avoid taking a one-size-fits-all approach by only targeting the general insurance market. The market is heading toward specialization, and the next...
Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020.Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property and...
Jan 23 2020 // The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer....
Jan 23 2020 // J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale of its French loan insurance broker Financiere CEP, according to people familiar with...
Jan 23 2020 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
Jan 22 2020 // King Flynn has joined Sayata Labs, a Boston, Mass.-based, Axa-backed insurtech startup, as head of Insurance. Sayata helps insurance carriers and brokers accelerate their mid-market cyber business while simultaneously...
Jan 22 2020 // A Muscatine, Iowa, insurance agent has been sentenced to 18 months in federal prison for wire and mail fraud. Federal prosecutors for Iowa said that Ashley Erin Murphy Schneider, 37, was sentenced Thursday in...
Jan 21 2020 // A recycling center that employs adults with intellectual disabilities in Alabama should have paid hundreds of thousands of dollars to its workers, federal labor officials said.The U.S. Department of Labor recently...
Jan 21 2020 // Mark Steven Wolf is the new leader of Big I Advantage, replacing Paul Buse who is moving on after more than 21 years with the company.Wolf is now president of Big I Advantage, IIAA Agency Administrative Services, IIAA...
Jan 21 2020 // A minority-led insurance and reinsurance broker has launched with ambitious goals of achieving $100 million in revenue within five years and having the most diverse workforce in the industry.Protecdiv, based in...
Jan 17 2020 // Catapult Insurance Solutions, a privately held managing general insurance agency and wholesale brokerage based in Dallas, has promoted Becky King to vice president of Underwriting and product manager, and added Steve...
Jan 16 2020 // Keystone Insurers Group (Keystone) has signed on two new pioneer partners in Minnesota: Cartier Agency of Duluth and Moores Insurance Management of St. Paul.The agency partnership group said the signing of the two new...
Jan 16 2020 // Renaissance Alliance Insurance Services, a national membership alliance for independent insurance agencies, has announced that five independent insurance agencies joined its network. New member agencies are in...
Jan 15 2020 // Wye River Insurance, based in Baltimore, Md., has announced leadership appointments for the newly-formed insurance brokerage serving real estate and construction professionals in the multifamily industry.Long-time...
Jan 15 2020 // There’s a storm brewing for many captive insurance agencies and their agents, and that storm may be lengthy.As an example, Nationwide is one of a number of captive insurance companies actively converting their...
Jan 15 2020 // Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general agent Helix Underwriting Partners Ltd.“As we enter the 200th year...
Jan 13 2020 // Welcome to Insurance Journal’s Agents of the Year report. This report features 20 agents who define what it means to be a successful independent agent today. These agents are more than top sellers. While they have...
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from 33% to 100%, effective Jan. 1, 2020.Financial details of the transaction were not...