All the headlines from our Agencies Topic Page, ordered by recency.
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...
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS).Terms of the transaction were not disclosed....
Jan 13 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Jan 13 2020 // The insurance industry is so intertwined into the economy and society, that just about any noticeable change in either will have some impact for the insurance industry.That is why it is imperative for agency owners to...
Jan 13 2020 // Consumers are embracing digital purchasing habits, and that is creating new challenges for independent insurance agencies. At first these were only seen on the personal lines side of the business — in the forms of...
Jan 13 2020 // California Department of Insurance detectives in early January arrested insurance agent Gelinda Phann Keo, 43, on one felony count of grand theft after she allegedly pocketed a client’s insurance payment.The CDI...
Jan 10 2020 // Connie Free, 34, of Moreno Valley, Calif., was sentenced this week to 22 felony counts and one misdemeanor count including grand theft and forgery after reportedly stealing at least $174,000 in insurance premiums from 11...
Jan 10 2020 // California Insurance Commissioner Ricardo Lara this week announced his appointments of the newest members to the Curriculum Board and the California Insurance Guarantee Association Board of Governors.The Curriculum Board...
Jan 10 2020 // Woodland Hills, Calif.-based the Liberty Company Insurance Brokers has named Kimaili Davis claims manager. Davis started his career with the National American Insurance Co. and has over 25 years of claims experience,...
Jan 10 2020 // Chicago-based broker Hub International Ltd. announced it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd.Terms of the transaction were not disclosed. Headquartered in Nelson, British...
Jan 10 2020 // Fastcomp, a workers’ compensation technology platform based in Boston Heights, Ohio, has introduced a proprietary Multiple Quote Automation engine for monoline workers’ comp with independent agents in mind.The...
Jan 9 2020 // Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the U.K., announced it acquired AEC SpA, a Lloyd’s coverholder, broker, third...
Jan 8 2020 // One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston and built through acquisitions, officially launched Tuesday, offering placement and in-house binding services for...
Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities.Boggs’s new role combines his current...
Jan 7 2020 // Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated.In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the...
Jan 7 2020 // BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners.Since the division was launched during the second...