Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Profile of Young Agents
Apr 19 2021 // Older Side of Young 61.7% are 31 to 40 years old. 38.3% are 30 and under. Career Choice 85.5% consider insurance to be a permanent career choice; 12.0% are unsure; 81.4% would recommend career choice to another young...
How Young Agents See Diversity
Apr 19 2021 // I’d like to see the industry known for insurance professionals coming from all walks of life, and that success can be reached in our industry no matter who you are. To not push it for the sole sake of sounding...
What Young Agents Like Most
Apr 19 2021 // Everyday is something different. This job is never repetitive. Flexibility, freedom, and the opportunity to run my own business. The ability to work in any industry with interesting companies. I really enjoy getting to...
What Young Agents Like Least
Apr 19 2021 // Being in personal lines at the moment, my least favorite part is the large amount of time that is spent talking to customers who have been conditioned to focus solely on price. Having to deal with mostly incompetent...
What Young Agents Think Survey: Optimism High Among Young Agent Leaders
Apr 19 2021 // Despite ongoing concerns over the pandemic, young agents say they felt supported by their agencies over the past year. A majority of young agents felt satisfied with how their agency responded to COVID-19 and rated their...
Massachusetts Regulators Seek to Revoke Robinhood’s License; Brokerage Sues
Apr 16 2021 // Massachusetts regulators on Thursday sought the revocation of Robinhood’s broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online...
American Modern Launches Digital Social Media Toolkit for Agents
Apr 15 2021 // American Modern, a specialty insurance provider of residential and recreational coverage, has launched Social To Go, an online toolkit designed to give agents ways to effectively use social media. According to Kevin...
Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)
Apr 14 2021 // Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit Insurance Alliance (Brokers) Ltd. (CIA). An independent trade credit insurance...
Broker BMS Launches Analytics Platform to Support Clients’ Risk Transfer Goals
Apr 13 2021 // BMS, the London-based independent specialist insurance and reinsurance broker, announced the launch of an analytics platform called Pathlight AnalyticsTM. The platform is designed to harness the collective power of the...
Unlicensed California Agent Sentenced After Stealing $450K in Premiums
Apr 12 2021 // Ai Ling Lee, 61, an unlicensed insurance agent living Hacienda Heights, was convicted of nine felony counts of grand theft after reportedly stealing nearly half-a-million dollars of her small business clients’...
Surplus Lines Broker, Agent or Both? It’s Complicated.
Apr 9 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...
Cannabis Broker Spotlight: Kamel with All-Risks Got into the Budding Business to Help a Friend and He Hasn’t Regretted It
Apr 8 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...
Towerstone Acquires Ohio Wholesale Insurance Broker Jacobs & Associates
Apr 8 2021 // Towerstone, a Dallas-based wholesale insurance division of IMA Financial Group, has acquired Jacobs & Associates, a general agent and excess and surplus lines broker based in Strongsville, Ohio. The transaction was...
Correction: Brokerslink Enters into Service Partnership with B. Riley Advisory Services Group in California
Apr 7 2021 // Brokerslink has entered into a service partnership with B. Riley Advisory Services Group in Los Angeles, Calif. B. Riley’s compliance, risk and resilience practice specializes in business continuity, cybersecurity...
Agents, Stand Together in Helping Businesses Understand Standalone Cyber Insurance
Apr 7 2021 // It is well known that small and medium businesses face an ever-increasing risk of cyber attacks. Sixty-three percent reported they had experienced a cyber breach in the last 12 months, when Ponemon surveyed them in the...
North Carolina Agents Launch Distracted Driving Campaign
Apr 7 2021 // The Independent Insurance Agents of North Carolina (IIANC) have launched a campaign designed to inform and educate the driving public, especially parents and young drivers, about the peril of distracted driving, which...
Broker Ardonagh Group Forms Unit for International M&A; Makes 1st U.S. Acquisition
Apr 6 2021 // London-based broker the Ardonagh Group announced the launch of Ardonagh Global Partners (AGP), a unit focused on international mergers and acquisitions. The company also announced its first acquisition in the United...
Iowa Insurance Agent Told to Stop Doing Business in the State
Apr 6 2021 // An Iowa insurance agent has had his license suspended and has been ordered to cease and desist conducting insurance business in the state, regulators say. The Iowa Insurance Division said in addition, Oscar Sanchez of West...
Florida Agents Join Consumer Advocate in Fight Against Contractor Fraud
Apr 6 2021 // As Florida insurers focus on addressing mounting losses in the state’s property insurance market with legislative reforms, rising rates and coverage restrictions, other stakeholders are working to educate consumers...
Insurance Broker Acrisure Raises $3.45 Billion
Apr 5 2021 // Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion. BDT Capital Partners, a merchant bank, led a $3 billion investment...
