Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Iowa Insurance Agent Charged with Fraud, Money Laundering
Feb 22 2021 // A former Iowa insurance agent has been charged money laundering and fraud, among other charges, the Iowa Insurance Division reported. Michael J. Heiberger, age 52, of Epworth, has been charged with one count of money...
Big I Advantage Promotes Juratovic to Assistant Vice President for E&O
Feb 22 2021 // The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations at Big I Advantage. Juratovic will lead the Big “I” Professional...
Ensurise Merges with Insurance Brokerage Operations of Howard Eales
Feb 22 2021 // Independent insurance agency Ensurise LLC has merged with the insurance brokerage operations of Howard Eales Inc., effective January 1, 2021. Howard Eales will continue to operate from its Washington D.C. location...
E&O Risks to Agents Extend to Cyber
Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...
10 Things Agencies Should Expect from Carriers
Feb 22 2021 // Working for an independent insurance agency can be challenging, and the job is even tougher if an insurer does not share your commitment to customer satisfaction. In my position as a territory manager for an insurer, I...
Agency Salary Survey: Satisfaction Rises, Compensation Falls, Agencies Kept Employees Happy Through Disruption
Feb 22 2021 // Independent insurance agencies not only managed to survive through the 2020 economic downturn and pandemic, but also managed to keep their employees happy through all of the year’s disruption. In Insurance...
Cannabis Broker Spotlight: Lockton’s Devey Helps Clients Battle ‘Insurance Fatigue’
Feb 18 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...
Risk Placement Services Hires Harvey as Executive VP in Its Brokerage Division
Feb 18 2021 // Risk Placement Services (RPS) has hired Jeff Harvey as executive vice president of casualty for its brokerage division. In this role, he will support growth of the large casualty practice in the Northeast region and...
Michigan Insurance Agent Accused of Embezzling $17K From Clients
Feb 17 2021 // A Muskegon insurance agent has been charged with fraud and embezzling more than $17,000 of his clients’ money, Michigan Attorney General Dana Nessel and the Department of Insurance and Financial Services (DIFS)...
Miami Insurance Agent Arrested in Identity Theft Fraud Scheme
Feb 17 2021 // A Miami insurance agent has been arrested for allegedly stealing personal account information to file false insurance applications and collect commissions from the insurance company, according to a statement from the...
IVANS Survey Finds Agencies and Insurers Seek Greater Connectivity
Feb 17 2021 // Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing. On agency demand for connectivity, 71% of agencies rank the availability of digital...
Monahan Returns to Appalachian Underwriters in Florida as P&C Senior Broker
Feb 17 2021 // Appalachian Underwriters, Inc. (AUI) has appointed Kimberly Monahan to its Brokerage Department as a property and casualty broker. Monahan is located in Daytona Beach, Fla., and will be working to cover the Northeast Coast...
Robles Joins XPT Partners in Texas as VP, Senior Transportation Broker
Feb 12 2021 // XPT Partners, a national specialty insurance distribution company, has added excess transportation expert Alex Robles as vice president and senior broker in its Plano, Texas, office. Robles will concentrate on excess...
More Felony Charges for California Insurance Agents in Reported $748K Theft
Feb 11 2021 // Additional charges of felony grand theft were filed this week against licensed California insurance agents Robert Farmer, 66, of Camarillo, and Marion Urcan, 68, of Agoura Hills. The additional charges were filed after...
Former Michigan Agent Pleads Guilty in Auto Insurance Fraud Case
Feb 11 2021 // A former Flint, Michigan, insurance agent has pleaded guilty to selling or offering customers fake auto insurance certificates, state regulators said. Attorney General Dana Nessel said Dillen Leonard, 25, pleaded guilty to...
Heffernan Acquires Micor Insurance Brokers in California
Feb 10 2021 // Heffernan Insurance Brokers has acquired Micor Insurance Brokers in San Jose, Calif. The Micor San Jose office is Heffernan’s 10th California location. Terms of the deal were not disclosed. Corrie Foos, president of...
UK Broker Specialist Risk Group Buys Trade Credit Specialist, The Channel Partnership
Feb 10 2021 // Specialist Risk Group (SRG), a London-based specialist insurance broker, has announced the acquisition of a UK trade credit specialist, The Channel Partnership. Financial details of the deal were not disclosed. The Channel...
Broker Robinhood Sued by Parents Over Trader Son’s Suicide
Feb 8 2021 // The family of a 20-year-old stock trader who committed suicide sued the broker Robinhood for his death, citing its “misleading communications” that caused their son to panic over what he wrongly believed were...
McGriff Launches On-Demand Excess Liability Product for Freight Brokers
Feb 8 2021 // McGriff has launched a new product that gives freight brokers the ability to purchase excess auto liability coverage online. TripExcess is a per-shipment excess liability product that will allow shippers, 3PL/brokers and...
The Myth of the ‘Surplus Lines Agent’
Feb 8 2021 // Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers worldwide. The surplus lines industry is no exception. Surplus lines...
