Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer
Apr 4 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring...
UK’s Ardonagh Advisory Completes Acquisition of Westfield Brokers
Apr 3 2024 // Ardonagh Advisory, the London-based SME broking platform and part of Ardonagh Group, has completed its acquisition of Westfield Brokers Ltd. Financial details of the deal, which was first announced in December 2023, were...
Howden to Acquire French Broker OFRACAR
Apr 3 2024 // Howden, the London-based insurance intermediary group, announced it has entered into an agreement to acquire OFRACAR, an independent brokerage group headquartered in Rouen, thereby expanding its geographical footprint and...
PE Firm Brera Partners Buys 70% of Shares in Italian Broker GBSAPRI Group
Apr 3 2024 // Brera Partners, a Zurich-based private equity firm specializing in investments in the asset-light financial services sector, announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the...
People Moves: USG Names Chen Associate Producer/Broker; Christensen Appointed WCF CHRO as McFarland Retires
Apr 3 2024 // USG Hires Chen as Associate Producer/Broker USG Insurance Services, Inc., headquartered in Tampa, Florida, hired Calvin Chen as an associate producer/broker in the company’s Irvine, California, office. Chen has over...
Takeaways from Our Conversation on ‘Fine Lines’ Cannabis Brokers and Operators Should Keep an Eye on
Apr 3 2024 // Powered by InsuranceJournal.tv The devil is always in the details, and if you’re a cannabis business with a lot of product and cash to protect – as many dispensaries happen to be – you’ve got a lot of...
People Moves: BHSI Appoints 3 for Transactional Liability, Claims and Customer & Broker Engagement Teams
Apr 2 2024 // Berkshire Hathaway Specialty Insurance (BHSI) named a new head of Transaction Liability in Canada and has also promoted two executives in Europe within the claims and customer & broker engagement teams. Chres Lee has...
Jensten Acquires UK Specialist Broker Henry Seymour & Co.
Apr 2 2024 // Jensten, the London-based independent insurance broking group, announced the acquisition of Henry Seymour & Co. The deal, which is subject to regulatory approval, will introduce to the business a team of 22...
NFP Acquires Buffalo Broker SDN From Five Star Bank
Apr 2 2024 // Global insurance broker NFP announced it has acquired the assets of SDN Insurance Agency (SDN). SDN handles property/casualty insurance as well as employee benefits, surety and life insurance in the the Buffalo, New York...
Institutional Investor GIC Finalizes Acquisition of Insurance Broker Miller
Mar 28 2024 // Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller. GIC and private equity...
Former California Insurance Agent Found Guilty of Taking $1.2M from Victims
Mar 28 2024 // Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department...
Participate in the Annual Young Agents Opinion Survey: Last Call
Mar 27 2024 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion...
Subpoenas on Agencies and Officials Delay Release of Key Report into Deadly Hawaii Wildfire
Mar 27 2024 // Hawaii’s attorney general blamed a delay of the release of a key report into a deadly Maui wildfire on county agencies that forced investigators to issue subpoenas. The first phase of an independent investigation...
Subpoenas on Maui Agencies and Officials Delay Release of Report Into Wildfire
Mar 20 2024 // Hawaii’s attorney general blamed a delay of the release of a key report into a deadly Maui wildfire on county agencies that forced investigators to issue subpoenas. The first phase of an independent investigation...
UK’s Ardonagh to Acquire Independent Italian Insurance Broker Mediass
Mar 20 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company. Financial details of the deal were not...
Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies
Mar 18 2024 // After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in...
The Future of Insurance Agencies
Mar 18 2024 // There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch....
Illinois Insurance Agent Sentenced 7 Years for Swindling Premiums
Mar 18 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...
Novatae Acquires UK-Based Broker Bretton Woods International
Mar 13 2024 // Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of...
Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses
Mar 7 2024 // Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation...
