Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
UK Broker Specialist Risk Group Acquires KBIS British Equestrian Insurance
Jan 5 2021 // Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has acquired KBIS British Equestrian Insurance, a well-established broker within the equestrian market. Financial details of the...
AmWINS Rebrands, Integrates Networked Insurance Agents with AmWINS Access
Jan 4 2021 // Wholesale insurance brokerage AmWINS Group has rebranded its agency aggregator subsidiary Networked Insurance Agents to AmWINS Access – Admitted Placement Services. AmWINS Access is a nationwide binding platform for...
How Agents Can Help Floridians Navigate Hurricane Season Aftermath
Dec 30 2020 // The 2020 hurricane season was one for the books. From ferocious storms battering the Gulf Coast to heavy rains inundating the Florida Panhandle, the Atlantic saw an unprecedented amount of activity this year. The Weather...
Tennnessee High Court: Presumption Law Protects Agents, Carriers
Dec 23 2020 // Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough...
Aon’s Eldredge Named General Counsel at Broker TigerRisk
Dec 23 2020 // Insurance broker/advisor TigerRisk has appointed Daniel J. “Tad” Eldredge as partner and general counsel. He is located in Minneapolis, Minn. Eldredge comes to TigerRisk from Aon where he was chief counsel,...
Brown & Brown Agrees to Acquire Irish Broker O’Leary Insurances
Dec 22 2020 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire the general insurance operating companies of O’Leary Insurances (OLI) in Ireland. The transaction is...
Licensing, Other Changes for Insurance Agents in Virginia to Take Effect Jan. 1
Dec 21 2020 // Changes in licensing, fees and continuing education due dates for insurance agents in Virginia will take effect January 1, 2021. These changes, as provided by Virginia law, have been in the works for more than two years...
UK Broker, Specialist Risk Group, to Be Acquired by Private Equity Firm HGGC
Dec 21 2020 // Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has signed a definitive agreement to be acquired by middle-market private equity firm HGGC. SRG’s management team will invest...
Arthur J. Gallagher Acquires Texas Benefits Broker, PIATX
Dec 18 2020 // Arthur J. Gallagher & Co. has acquired San Antonio-based PIATX LLC. Terms of the transaction were not disclosed. Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and...
Cannabis Broker Spotlight: Balian with Wood Gutmann Focuses on the Long-Term
Dec 17 2020 // 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...
Iowa Insurance Agent Fined $18K, Loses License Over Fraudulent, Dishonest Practices
Dec 15 2020 // An Iowa insurance agent has been ordered to pay $18,000 in civil penalties and relinquish her producer’s license over fraudulent and dishonest business practices, regulators say. The Iowa Insurance Division cited...
Arthur J. Gallagher & Co. Acquires Pennsylvania’s Premier Brokerage Services
Dec 15 2020 // Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed. Founded in 1995, Premier is a high-net-worth focused life insurance wholesale...
Boston Insurance Brokerage Hires Gabriel to Healthcare Professional Team
Dec 15 2020 // Boston Insurance Brokerage LLC (BIB) has hired Alex Gabriel to its Healthcare Professional Team. He will be working to grow business out of Northern Virginia. Gabriel brings with him more than 15 years of experience...
Aon Acquires India’s Anviti Insurance Brokers
Dec 14 2020 // Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India. Anviti will transition to the Aon brand pending regulatory approvals. Financial...
CRC Group Appoints Koehn and Tredway as Co-Presidents of Brokerage Division
Dec 11 2020 // Nationwide wholesale insurance broker CRC Group reported that Garrett Koehn and Brent Tredway will be appointed co-presidents of the company’s Brokerage Division effective January 1, 2021. The company said Koehn and...
How Young E&S Brokers Are Navigating Today’s Market and Their Careers
Dec 9 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
PointeNorth Insurance Group Acquires 3 Southeast Insurance Agencies
Dec 7 2020 // PointeNorth Insurance Group, LLC (PNIG), a locally owned and operated independent insurance agency in the Southeast, has increased its footprint with the merger and acquisition of three insurance agencies: The Stastka...
Arizona Insurance Agent Who Kept Premiums Gets 2.5 Years in Prison
Dec 7 2020 // A Buckeye, Ariz., woman who ran an insurance brokerage firm but kept premiums her clients intended to pay for their policies has been sentenced to 2 1/2 years in state prison. The Arizona Department of Insurance announced...
Cannabis Broker Spotlight: Cuaron with OG Cannabis Got in on City Planning Early
Dec 3 2020 // 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...
Texas Warns Agents, Brokers Insurers Against Deceptive, Misleading Health Plan Marketing
Dec 3 2020 // The Texas Department of Insurance (TDI) has issued a reminder to insurance companies, agents, and marketers of discount healthcare programs that materially misrepresenting the terms and conditions of an insurance policy or...
