Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arkansas Lawmakers Clear Way For Agencies to Enforce Vaccine Requirement
Feb 1 2022 // Arkansas lawmakers on Jan. 28 cleared the way for state-run health care facilities to require employees to get the COVID-19 vaccine after officials warned that blocking the move would jeopardize more than $700 million in...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million. Sayata CEO...
MGA Aqueous Secures New Professional Indemnity Capacity From Great American Int’l
Feb 1 2022 // Aqueous Underwriting has secured increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022. The specialist managing general agent can now offer cover for limits up...
Arthur J. Gallagher & Co. Acquires UK Broker Devitt Insurance Services Ltd.
Feb 1 2022 // Arthur J. Gallagher & Co. announced the acquisition of Romford, Essex-based Devitt Insurance Services Ltd. in the United Kingdom. Terms of the transaction were not disclosed. Founded in 1936, Devitt is a privately...
People Moves: Alliant’s Caterino on Nevada Agent Advisory Council; Venbrook in California Names Reddy Chief Human Resources Officer
Jan 31 2022 // Karen Caterino, senior vice president of Alliant Insurance Services, has been appointed to serve as a member of the Nevada Division of Insurance Agent Advisory Council. Caterino was selected by Nevada Insurance...
California Insurance Agent Arraigned in Alleged Affinity Group Discounts Scheme
Jan 28 2022 // Raffi Sarian, 32, of North Hollywood, California, was arraigned this week on four felony counts of identity theft and nine felony counts of forgery after allegedly altering information from professional licenses and...
California Insurance Agent Sentenced in Burial Policy Scheme
Jan 26 2022 // Saul Hinojosa, 48, of Calipatria, California, was sentenced to one felony count of identity theft and one felony count of grand theft after stealing his clients’ identities to write fraudulent insurance policies to...
Hilb Adds Another Florida Broker Firm
Jan 25 2022 // The Hilb Group, a national property and casualty brokerage firm, announced it has acquired Insurance Consultants of Central Florida. The Winter Park-based ICCF is a full-service broker offering individual, group and...
What Is An Insurance Agent’s Job?
Jan 24 2022 // A family member recently bought a house. His realtor was connected to an agency of which I am familiar. In my opinion, the agency should not possess an insurance license. Incompetent would be the nicest description I would...
Connecticut Offers Training for Insurance Brokers for Underserved Cities
Jan 21 2022 // Gov. Ned Lamont and Connecticut’s health care exchange announced plans Wednesday to launch a training program for licensed independent insurance brokers in the state’s three largest cities. James Michel, the...
Former California Insurance Agent Sentenced in Theft and Embezzlement Scheme
Jan 21 2022 // Former insurance agent Blanca Lidia Guzman, 40, of Palmdale, California, was sentenced in Los Angeles County Superior Court on Wednesday on one felony count of grand theft after pleading no contest for defrauding...
Criminal Indictments Are Major — But Not Only — Tool of U.S. Cyber Defense Agencies
Jan 20 2022 // The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview with The Associated...
Alera Group Acquires New York-Based International Broker Foa & Son
Jan 19 2022 // Alera Group reports it has acquired Foa & Son, an international insurance broker based in New York City. Terms were not disclosed. Founded in 1861, Foa & Son maintains commercial practice groups in multinational...
Malware Found in Several Ukraine Gov’t Agencies, IT Firm That Manages Websites
Jan 18 2022 // Microsoft Corp. said in a blog post on Saturday it observed destructive malware in systems belonging to several Ukrainian government agencies and organizations that work closely with the Ukrainian government. The victims...
LDI Issues C&D Order Against Baton Rouge Agent
Jan 14 2022 // The Louisiana Department of Insurance has issued a cease and desist order for a Baton Rouge agent who allegedly failed to remit clients’ premiums and misappropriated premium funds. Trampus Scott Wagoner, a property...
Insurance King Acquires Two Insurance Agencies in IL: Vic Bernardi Insurance and The Insurance Center
Jan 14 2022 // CHICAGO HEIGHTS and DECATUR, Ill., Jan. 14, 2022 – Insurance King has announced the rebranding of the two insurance agencies they have purchased in Illinois. Vic Bernardi Insurance Agency located in Chicago Heights,...
Specialist Risk Group (SRG) to Acquire Bridge Insurance Brokers’ Special Risks Team
Jan 13 2022 // Specialist Risk Group (SRG), the London-headquartered broker, has entered into an agreement to acquire Bridge Insurance Brokers’ Special Risks team. The London-based team, led by Jonathan Starkey and David Walker,...
The Relationship between You, Your Agent and Your Surety
Jan 12 2022 // This post is part of a series sponsored by Old Republic Surety. Commercial clients who are new to surety sometimes need help to understand the three-way relationship between their company, you (as their independent agent...
West Penn Power Settles Coal Ash Discharge Complaints With Environmental Agencies
Jan 12 2022 // West Penn Power of Greensburg, Pennsylvania will pay a $610,000 penalty under a settlement to resolve water discharge violations at two coal ash landfills in southwestern Pennsylvania. The settlement was announced by the...
King Insurance Buys Up Two More Florida Agencies: DMI and Insurance Den
Jan 12 2022 // King Insurance announced it has added two more Florida insurance agencies to its rapidly growing stable of firms in the Southeast. Don Martin Insurance, known as DMI agency, has offices in Orlando, Fanning Springs and...
