Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
XPT Unifies Binding and Brokerage Division
Sep 6 2022 // September 6, 2022 – XPT announced today the launch of the binding and brokerage division unifying Western Security Surplus, Sierra Specialty, and LP Risk to one consolidated brand, XPT Specialty – your eXpert Partner...
Former California Insurance Agent Arrested for Theft, Operating Fraudulent Agency
Sep 5 2022 // Francis Okyere, 70, a previously licensed insurance agent in Westlake Village, California, was arrested in relation to a scheme that involved him allegedly stealing multiple victims’ identities and using them to open...
Markets/Coverages: Beazley, Paragon Partner on Weather Guard; Praedicat, Experian Collaborate on D&O Models; Armadillo Expands With 100 Agencies
Sep 1 2022 // Beazley to enter distribution partnership with Paragon for Weather Guard Specialty insurer Beazley announced a new, efficient and effective online portal solution for its leading Weather Guard product. The new robust...
First MainStreet Adds Pair of Partner Agencies in Iowa
Aug 31 2022 // First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., announced it has added two Iowa-based partner agencies. Joining the First MainStreet platform in June was Hagge Insurance Agency. As a...
FTC Accuses Data Broker of Selling Sensitive Location Data
Aug 31 2022 // Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices, information that can be used to identify people and track their movements to and from sensitive...
World Insurance Acquires 2 Massachusetts Agencies: Tarpey and Rush-Kent
Aug 26 2022 // Insurance broker World Insurance Associates acquired two Massachusetts agencies: Tarpey Insurance Group of Wakefield, and Rush-Kent Insurance Agency Inc. of Arlington, on August 1. Tarpey is a family-owned and operated...
Georgia Insurance Agent Charged with Keeping Premium Refund Checks
Aug 25 2022 // A Georgia insurance agent is facing additional charges after she was arrested in July for allegedly keeping premium refund checks that were intended for policyholders. Kerri Monroe, 48, of Lyons, Georgia, in late July was...
One80 Intermediaries Acquires Pennsylvania Wholesale Broker Agentic
Aug 24 2022 // Boston-based specialty insurance broker One80 Intermediaries reports that it has acquired wholesaler broker Agentic Insurance of Radnor, Pennsylvania. Agentic is a privately owned specialty operation providing professional...
Aston Lark Acquires UK Broker AJ Insurance Service
Aug 24 2022 // Aston Lark, a Howden company, announced the acquisition of AJ Insurance Service Ltd. Financial details of the deal were not disclosed. Based in Tilbury in Essex, England, AJ Insurance Service was established in 1979 by...
Round out a home’s protection with a new “stand-alone” earthquake option for Independent Agents in WA & OR
Aug 22 2022 // MILL CREEK, WA, August 22, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon. “One of the advantages...
Former California Insurance Agent Arrested for Theft, Operating Fraudulent Agency
Aug 19 2022 // Francis Okyere, 70, a previously licensed insurance agent in Westlake Village, California, was arrested in relation to a scheme that involved him allegedly stealing multiple victims’ identities and using them to open...
Jensten Group Buys UK-Based Broker J. Bennett & Son
Aug 16 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High Wycombe, England, and its Oxford-based subsidiary, Mathews Comfort & Co., for...
AgentSync CTO and Co-founder Jenn Knight Talks Startups, Scaling, and SaaS at Collision 2022
Aug 15 2022 // This post is part of a series sponsored by AgentSync. Collision, one of the world’s largest technology conferences, wrapped up its annual tech extravaganza in June. Founded by Paddy Cosgrave, David Kelly and Daire...
Hub International Acquires Canada Broker Jaimac Risk Management
Aug 15 2022 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario,...
Agents Expects Big Jump in Online Commercial Insurance Shopping: Survey Reports
Aug 15 2022 // A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small-commercial...
101 Sales, Marketing & Agency Management Ideas
Aug 15 2022 // Be Kind. No matter how educated, talented, or rich you are, how you treat people ultimately tells all. – Jonathan Friedland, Universal Property & Casualty Insurance Company Be happy! Be happy with who you are! Be...
Agents Win in Commercial Lines
Aug 15 2022 // Independent agents once again show they continue to command the commercial insurance market. The independent agency channel placed 62% of all property/casualty insurance written in the U.S., according to the recently...
Mitsui Sumitomo Insurance to Buy Reinsurance Broker Transverse for $400 Million
Aug 9 2022 // Mitsui Sumitomo Insurance Company, a subsidiary of Japan’s MS&AD Insurance Group Holdings, will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on...
Independent Agents Place Majority of U.S. P&C Insurance: Big I
Aug 9 2022 // The independent agency channel places 62% of all property-casualty insurance written in the U.S., according to the Big “I” 2022 Market Share Report. The annual Market Share Report compiles and analyzes property...
Tennessee’s Kemmons Wilson Joins Virtus Brokerage
Aug 9 2022 // Virtus LLC, a Kansas City-based insurance brokerage and consulting firm, has joined forces with Kemmons Wilson Insurance Group, a Memphis company that specializes in insuring hospitality and hotel firms. The combined firm...
