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People Moves: BenefitMall Appoints Montes Broker Sales Executive for California

May 16 2024 // XavierMontes BenefitMall appointed Xavier Montes to its individual and senior division (ISD) as the new broker sales executive for California. Montes is based in Whittier, California. Montes has over 25 years of experience...

Sica Fletcher: Broker M&A Down Slightly in Q1 as Some Buyers Take ‘Strategic Pause’

May 14 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 111 agent-broker deals in the first quarter 2024, totaling $284 million in revenue. That is a 21% drop in revenue from what was acquired during the...

People Moves: CREST in Arizona Adds Anguis as Commercial Lines Broker

May 14 2024 // Andy Anguis Andy Anguis joined Crest Insurance Group as a commercial lines broker in the company’s Chandler, Arizona, office. Anguis’ 25 years of experience includes commercial lines, sales/service leadership,...

PoloWorks Launches Managing General Agent Incubator

May 13 2024 // PoloWorks, a Lloyd’s and London Market insurance services business, announced the launch of Polo MGA – a managing general agent (MGA) incubator. This new offering provides services to both startup and established...

Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8

May 8 2024 // The Georgia insurance commissioner is accepting comments on proposed rule changes that would cut the pre-licensing course load by almost two-thirds for personal lines agents. “The primary purpose of the proposed...

California Insurance Broker Sentenced for Identity Theft

May 8 2024 // Robert Kirby Wells, 64, of Woodland, California, was sentenced this week to two years in prison for aggravated identity theft. Court documents show Wells was an insurance broker for a company in Denver, Colorado, that...

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