Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Broker Insights’ ‘Decision Intelligence’ Officially Heads to the US
Oct 28 2024 // After building its business up in the United Kingdom, Broker Insights said it is ready to officially bring its commercial insurance placement analytics to the United States. For the last 12-18 months, Broker Insights has...
Big I Illinois Announces Annual Awards
Oct 25 2024 // Big I Illinois, an association representing Trusted Choice® independent insurance agents throughout the state, presented awards to top agents and agencies during the association’s annual convention and 125th...
Clear Group Acquires UK Broker Vision Insurance Services Ltd.
Oct 25 2024 // The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd., based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest...
People Moves: USG Hires Francis As Associate Producer/Broker, Garage Division Team
Oct 24 2024 // Tiffany Francis USG Insurance Services, Inc. hired Tiffany Francis as an associate producer/broker with their garage division team. Francis, based in Alpine, California, entered the insurance industry eight years ago. She...
SEC to Increase Scrutiny of AI Tools Used by Financial Brokers, Advisers
Oct 22 2024 // The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year, the latest sign of regulators’ growing concerns about the emerging...
FastBond: Simplifying Smaller Bid Performance and Payment Bonds for Agents and Contractors
Oct 21 2024 // This post is part of a series sponsored by Old Republic Surety. “We’ve targeted tight turnaround times from submission to approval using Old Republic Surety’s (ORS) FastBond process — the faster, the...
The Impact of 2 Storms and Claims Advice From a Second-Generation Insurance Agent
Oct 21 2024 // As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette. The...
Agents More ‘Satisfied’ with Commercial Insurers
Oct 21 2024 // Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching...
75% of Independent Agencies Report Revenue Gains From 2022-23
Oct 21 2024 // Despite challenging conditions, 75% of independent insurance agencies saw revenue gains from 2022 to 2023, according to the 2024 Agency Universe Study. That number is significantly higher than between 2020 and 2021, during...
Specialist Risk Group Launches APAC Unit in Singapore, Buys Local Broker
Oct 15 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced its launch in Asia Pacific with a new subsidiary in Singapore. As the first...
Risk & Insurance Education Alliance and BrokerTech Ventures Launch New Insurtech Insurance Course
Oct 15 2024 // Austin, TX., October 15, 2024 – The Risk & Insurance Education Alliance, in collaboration with BrokerTech Ventures (BTV), is proud to introduce its latest educational initiative, the Introduction to Insurance for...
Agents Report Limited Damage But More Claims Expected As Floridians Return Home
Oct 11 2024 // Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood...
Former California Agent Pleads Guilty to 90 Counts of Insurance Fraud
Oct 11 2024 // A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded...
First MainStreet Adds Two Agencies
Oct 10 2024 // First MainStreet Insurance L.C. (FMSI) announced addition of two new agencies, one in Minnesota and the other in Iowa. Joining in September was Kozlowski Insurance Agency, headquartered in Pipestone, Minnesota and two...
Insurance Broker Caught Pocketing $137K Commissions by Forging Policy Applications
Oct 9 2024 // An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those...
America’s Best Agencies To Work For
Oct 7 2024 // The votes are in for the 2024 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2024 highlighted the importance of competitive salaries, employee benefits, training and education,...
A Better Customer Experience: What Agents Should Expect from Insurers
Oct 7 2024 // In today’s competitive insurance environment, successful independent agencies have focused on building their agency’s brand. To that end, agents must focus on working with insurance companies whose service...
UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business
Oct 3 2024 // Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As...
Agent Satisfaction With Insurers Holds Strong; Erie Tops for Personal Lines
Oct 2 2024 // Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching...
Markets/Coverages: Hub Int’l Forms Partnership With Largest Trucking Broker in Mexico
Oct 2 2024 // Hub International Ltd. (HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance...
