Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
How Life Insurance Carriers Can Win at the Long Game of Annuity Broker Recruitment
Sep 6 2023 // This post is part of a series sponsored by AgentSync. Life insurance carriers that don’t prioritize compliance and onboarding for their variable lines brokers will lose traction in the life and annuities market over...
Symington Officially Takes Over as New CEO of Big I
Sep 1 2023 // Charles Symington is the new president and chief executive of the Independent Insurance Agents & Brokers of America (the Big I), effective Sept. 1. Last September, Symington was promoted to executive vice president and...
People Moves: Greaves Joins Fred C. Church From MIT; Connecticut Big I Elects Jones
Sep 1 2023 // Greaves Joins Fred C. Church Insurance Commercial Lines Fred C. Church Insurance, headquartered in Lowell, Mass., hired Damual Greaves to its education team as a client executive. Greaves joins Fred C. Church after serving...
Past Is Prologue: Big I’s Vision Has Expanded Choices for Independent Agents
Sep 1 2023 // This post is part of a series sponsored by InsurBanc. Independent agency owners — who for generations have provided competitive insurance solutions for consumers and businesses — have seen the complexity of their own...
Texas Agency Alliance Adds Four New Independent Member Agencies
Aug 31 2023 // Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s...
Lufthansa Weighs Sale of Aviation Insurance Broker, Insurer: Sources
Aug 30 2023 // Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is...
Howden’s Aston Lark Acquires UK Broker Curtis Marine
Aug 29 2023 // Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine...
Montana Brokerage Owner Admits to Defrauding Customers
Aug 28 2023 // Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft. Hagadone faces a maximum of 20 years in prison, $250,000 fine and three years of supervised...
Contingency Broker 1783 Group Joins Global Network, Brokerslink
Aug 25 2023 // Global broking business, Brokerslink, has added sports, music and entertainment contingency broker 1783 Group to its network. The new specialist affiliate operates in the world of sports, music, film and TV, and other...
InsurSign: The DocuSign for Carriers & Agencies
Aug 22 2023 // San Francisco, CA., August 22, 2023 — InsurSign is proud to announce the launch of its flagship product, InsurHub, a more affordable alternative to DocuSign, offering unlimited signatures and designed specifically...
Big ‘I’ Report: Independent Agency Channel Slowly Growing
Aug 21 2023 // The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data,...
101 Sales, Marketing & Agency Management Ideas
Aug 21 2023 // 1. Network with Your Competition. They will often have no appetite for certain lines of business that you wish to target. 2. Hard Market. Today’s insurance market is one of the hardest markets many have ever...
Private Equity Firm Hg Weighs Options for €1.5 Billion Insurance Broker GGW
Aug 18 2023 // Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5 billion ($1.6 billion), people familiar with the matter said. The software-focused private equity firm is...
Liberty Co. Brokers Secures $340M in Funding for Refinance, More Growth
Aug 18 2023 // Florida-based The Liberty Company, one of the largest property/casualty insurance brokers in the country, announced it had secured $340 million in loans to refinance debt and fuel new growth opportunities. The funding,...
Specialist Risk Group Acquires UK’s Cheshire Insurance Brokers
Aug 17 2023 // Specialist Risk Group (SRG), the London-based insurance intermediary, has acquired Cheshire Insurance Brokers (CIB). Financial details of the transaction were not disclosed. Established in 2010 by Dominic Leach &...
Carolina Insurance Agent Charged with Backdating Auto Policy After Crash
Aug 16 2023 // A North Carolina insurance agent has been charged with fraud after allegedly backdating an auto policy, to show that a friend was covered at the time of an accident. The North Carolina Department of Insurance reported this...
New Hampshire Insurers, Agencies Must Report When Producers Are Fired
Aug 9 2023 // The New Hampshire Insurance Department is reminding insurance companies and agencies that they must notify the department when terminating producers for cause. “In the interest of ensuring compliance and upholding...
Call off the Data Hunt! Get Your Variable Lines Brokers Onboarded and Ready to Sell Without the Hassle of Repeat Data Entry
Aug 7 2023 // This post is part of a series sponsored by AgentSync. Managing compliance throughout the producer licensing process is complex, especially when it’s done by hand and even more so when it involves managing variable...
Congratulations Top 100 Agencies
Aug 7 2023 // This year marks the 19th annual publication of Insurance Journal’s Top 100 Independent Agencies special report. One significant trend — the vast majority of firms (84 firms) in the Top 100 saw notable increases...
Connecticut Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner
Aug 7 2023 // A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home insurance application, which was completed by his insurance agent,...
