Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Miami Insurance Agent Arrested, Again, For Unlicensed Activity
Mar 16 2021 // A former licensed insurance agent was arrested for the second time in Florida last month after allegedly selling insurance without a license. The Florida Department of Financial Services said Orestes Valentin Rodriguez is...
$245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley
Mar 12 2021 // Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial lines and cyber insurance products as well as advances in texting communications, producer...
Insurance Agents on the Front Line of Florida’s Mounting Property Market Problems
Mar 11 2021 // While carriers face growing financial losses in Florida’s distressed property insurance market, insurance agents are on the front lines trying to help their clients who are being hit with double-digit rate increases,...
Relation Insurance Services Acquires Assets of Texas Agencies, InSource and Shepard
Mar 10 2021 // Relation Insurance Services Inc. (Relation) has entered the Texas market with the acquisition of the assets of InSource Insurance Agency Inc. (InSource), in San Antonio, and Shepard Insurance Agency (Shepard),...
Worldwide Broker Network Names Beecher Carlson’s Collins as CEO
Mar 9 2021 // The Worldwide Broker Network (WBN), a global network of independent insurance and benefits brokers, has appointed Olga Collins as chief executive officer. Collins succeeds Francie Starnes, who will serve as CEO Emeritus...
Howden Broking Buys Independent Superyacht Broker Sturge Taylor
Mar 8 2021 // Howden Broking announced that it has acquired independent superyacht insurance broker Sturge Taylor & Associates (STA Group). STA Group will become part of Howden and will operate under the new trading name Howden...
Professional Insurance Agents of Connecticut Elects Rabbett as President
Mar 8 2021 // The Professional Insurance Agents of Connecticut (PIACT) elected Shannon Rabbett, of Windsor, Connecticut, as president at the association’s annual business meeting, held virtually on March 4, 2021. She will serve as...
3 Ways Insurtech Can Help Agents Thrive in 2021 and Beyond
Mar 8 2021 // What if the COVID-19 pandemic had struck in 1980 instead of 2020? Without widespread internet connectivity, cloud software and video conferencing, the insurance industry may have been up a creek without a paddle (and...
UK Broker, Specialist Risk Group, Acquires MGA CLS Risk Solutions
Mar 5 2021 // Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory approval. Financial details of the acquisition — its fourth so far this year...
Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities
Mar 5 2021 // The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition of Worldwide broadens...
Higginbotham Enters Louisiana in Partnership with Insurance Broker, Knotts
Mar 5 2021 // Fort Worth, Texas-based independent insurance and financial services firm, Higginbotham, has partnered with Mike Knotts, an insurance agency owner and broker in Bossier City, Louisiana, to establish its first...
Former Iowa Insurance Agent Faces Fraud Charges
Mar 4 2021 // A former Red Oak, Iowa, insurance agent is facing felony charges related to alleged insurance fraud. The Iowa Insurance Division said Dustin French has been charged with one count of Insurance Fraud – Presenting...
London-Based Broker Costero Holdings Acquires Mar Risk Services
Mar 4 2021 // Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021. Headquartered in London, MarRS offers insurance advice and access to...
Cannabis Broker Spotlight: Green Shield’s Medrano Used Insurance to Get into Cannabis
Mar 4 2021 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Southern Illinois Mayor, an Insurance Agent, Quits Amid Corruption Charges
Mar 3 2021 // The longtime mayor of the southern Illinois city of Columbia has resigned in the wake a federal indictment accusing him of public corruption, a city official announced. Last week, a federal grand jury indicted Mayor Kevin...
For 3rd Time, Louisiana Reminds Insurers, Agents of Obligations After Catastrophes
Mar 3 2021 // Following complaints from property insurance policyholders, Louisiana’s top insurance regulator has issued a third bulletin reminding insurers of their obligations to policyholders as they work with consumers...
Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost
Mar 2 2021 // If one thing can be said about the pandemic, it definitely was not a bad thing for cannabis, a business that many states declared to be essential as numerous other business sectors shut down to help slow the spread of...
Cinven and GIC Complete Purchase of UK Broker Miller from Willis Towers Watson
Mar 1 2021 // Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, have completed the acquisition of leading specialist insurance and re/insurance broker, Miller, from Willis Towers...
SIU Adds Kiernan to Marine Brokerage Team in Georgia
Feb 26 2021 // Southern Insurance Underwriters, Inc. (SIU) has added John Kiernan to its Marine Brokerage team. He will be based in Alpharetta, Ga. Kiernan comes to SIU with experience in underwriting all classes of hull, marine...
Texas Insurance Exec, Harrison, Honored by Big ‘I’ with Woodworth Memorial Award
Feb 25 2021 // Longtime Texas insurance agency executive, William “Bill” E. Harrison Jr., has been honored by the Big “I” with its Woodworth Memorial Award, the national independent insurance agency...
