Latest Agencies Headlines

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

5 Principles for Navigating Complex Property/Casualty Claims

Jun 16 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...

Deadline Looms for Citizens Appointment Agreements Addressing Data Security

Jun 16 2016 // Appointed agents and agencies of Florida’s Citizens Property Insurance Corp. have just two weeks left to sign new appointment agreements or have their contract with the state-run insurer terminated.Agreements...

Virginia Says 172K Former Licensed Agent Records May Have Been Breached

Jun 16 2016 // Virginia’s State Corporation Commission (SCC) is advising former licensed insurance agents of the potential improper access to their personal data by a former contractor.The suspected compromise of personal data...

Agents May Now Offer Texas Legal Insurance Plans to Clients

Jun 15 2016 // Nonprofit legal insurance provider, Texas Legal, announced it has launched a Producer Program to allow agents and brokers to offer Texas Department of Insurance-regulated legal insurance plans to clients.Agents who are...

Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage

Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...

Startup Health Broker Zenefits Cuts More Jobs; CEO Vows ‘Total Redesign’

Jun 15 2016 // Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too...

BurialInsurance.org- an Integrated Approach to Shop for and Receive Burial Insurance

Jun 15 2016 // Seattle, WA, June 15, 2016- Seabend Inc, a full service final expense agency disrupting the industry is changing the way people shop for and are sold, Funeral Insurance. Seabend owns www.burialinsurance.org and is helping...

Texas Insurance Agent Arrested in Scam Targeting Elderly Clients

Jun 14 2016 // A Lubbock, Texas-based insurance agent has been arrested on charges of defrauding elderly victims through an annuity scam.The Texas Department of Insurance reported that Joseph Allen Gaines was arrested last month on...

New .Insurance Domain Names Become Available Today

Jun 14 2016 // The internet domain extension reserved for the global insurance industry— .insurance — will become available starting today, June 14, at 8 p.m. ET.The new extension means an independent agency at...

Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson

Jun 13 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS).While price changes in the...

tKg Wholesale Brokerage to Expand Transportation Division

Jun 13 2016 // Phoenix, AZ, June 13, 2016 – tKg Wholesale Brokerage has embarked on a major expansion of its Transportation Division. Under the leadership of Ed Havermann, the Transportation Division is poised to become one of the...

Alan Lewis Joins Breckenridge Insurance Services as Vice President, Broker

Jun 10 2016 // Atlanta, GA, June 10, 2016 — Alan Lewis has joined Breckenridge Insurance Services wholesale brokerage division as a vice president, broker. Lewis last led the Epic Intermediaries Inc. Chicago-area office and brings...

Security Vendors, Partnerships Offer Key to Simplifying, Selling Cyber Insurance Online: CoverHound CEO

Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...

Missouri Insurance Agent Sentenced to 7 Years in Prison for Fraud

Jun 8 2016 // A Missouri insurance agent has been sentenced to prison for fraud following an investigation by the McDonald County Sheriff’s Office and the Missouri Department of Insurance, Financial Institutions & Professional...

Oregon Woman Settles Suit over Abuse by Insurance Agent Father

Jun 8 2016 // A Eugene, Ore. woman who sued her adopted parents after disclosing that her father sexually abused her has agreed to settle the civil case.The Register-Guard reports that according to documents filed in Lane County Circuit...

Gallagher Appoints 2 Former Willis Aviation Brokers as Divisional Directors

Jun 7 2016 // Arthur J. Gallagher has appointed two former Willis aviation brokers, Mark Champion and Paul Rogers, as divisional directors.With combined experience of nearly 70 years, Gallagher said the hiring of these “industry...

Agency E&O and Carrier Insolvency: Things Stay the Same

Jun 6 2016 // Insurance company insolvency has been a thorny issue spanning many decades. The only consistency is that there is no one solution and that an agent can be held liable for placing coverage with a company that becomes...

Carriers Can Still Profit Despite Unpredictable Economy, Berkley Says

Jun 6 2016 // Partnership and greater efficiency will help lead the way to continued profitability despite a new level of uncertainty globally, according to Bill Berkley, executive chairman of the W.R. Berkley Corp. and keynote speaker...

Review of Q1 M&A Deal Activity

Jun 6 2016 // Deal count for the first quarter of 2016 was down slightly relative to the record-breaking first quarter of 2015, but was still the second most active first quarter in the past 10 years. There were 109 announced...

Why Insurance Agencies Can’t Ignore Bad Accounting

Jun 6 2016 // Take an industry, say independent insurance agencies, that is supposed to be sales-focused and where principals think accounting is boring. Accounting may be boring but a business owner only ignores it at his or her own...