All the headlines from our Agencies Topic Page, ordered by recency.
Jan 27 2020 // Let me preface this by saying that we work with dozens of dedicated, talented advertising agencies every year. Those that ask the tough questions. Those that review our audit statement. This is not about those agencies. We...
Jan 27 2020 // Worldwide Facilities has named Juliet Carrillo assistant vice president and broker in the Los Angeles, Calif., property department. Carrillo has worked as both an underwriter and surplus lines broker in her 30-year...
Jan 27 2020 // Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout...
Jan 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...
Jan 27 2020 // Agencies and carriers need to align now more than ever.I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
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...