Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy
Feb 12 2025 // A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department...
First MainStreet Adds 4 Partner Agencies
Feb 11 2025 // First MainStreet Insurance L.C. has announced addition of four new partner agencies. Borchardt Agency joined the platform on January 1st. Justin Borchardt, a third-generation insurance owner, has partnered with FMSI and...
People Moves: Marsh Names Former AXA XL Exec as UK Chair; Rokstone Taps Howden’s Winsley as Capacity Mgr. and Broker Relationship Dir.
Feb 11 2025 // This edition of International People Moves details appointments at the broker Marsh and the managing general agency Rokstone. A summary of these new hires follows here. Marsh Names Former AXA XL Exec as UK Chair Marsh, the...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents?
Feb 10 2025 // If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its...
Clear Group Acquires Irish Broker Phelan Caswell Insurances
Feb 6 2025 // The Clear Group, the London-based insurance intermediary, announced the acquisition of broker Phelan Caswell Insurances, based in Dublin, Ireland. The deal also sees Clear acquire the financial planning assets of the...
Washington Insurance Agent Charged With Stealing $424K in Premiums
Feb 6 2025 // A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. Edward Hadley was charged with nine counts of first-degree...
The Top 5 Benefits of Becoming an Independent Insurance Agent
Feb 6 2025 // This post is part of a series sponsored by Darkhorse Insurance. An independent insurance agent represents multiple insurance carriers, offering a diverse array of policies to meet the distinct needs of their clients. The...
Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 26% in 2024
Feb 4 2025 // The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year...
Breaking Open the Compliance Black Box: How M3 Insurance Took Back Control of Producer Licensing with AgentSync
Feb 4 2025 // This post is part of a series sponsored by AgentSync. When M3 Insurance began rapidly expanding its distribution channels, its existing licensing process wasn’t just inefficient: It was becoming a serious obstacle to...
Howden Said in Talks to Buy Insurance Broker Risk Strategies
Jan 31 2025 // Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people with knowledge of the matter. The talks to acquire Risk Strategies, which is ultimately...
UK Government Agencies Vulnerable to Cyberattacks, Watchdog Says
Jan 30 2025 // British government departments have operated hundreds of outdated computer systems and failed to meet their own cybersecurity targets, increasing the risk of a disruptive hack, a watchdog has found. The National Audit...
People Moves: Patel Named Chair of Canopius Managing Agents, Succeeding Meader; Evolin Broking Taps Downing From Miller to Launch Construction Division
Jan 29 2025 // This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. A summary of these new hires follows here. Patel Named Chair of Canopius Managing Agents, Succeeding...
Strategies for Brokers as M&A Slows and Insurance Rates Soften
Jan 27 2025 // The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers
Jan 27 2025 // Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could...
Big Recruiting Challenges Ahead for Insurance Agencies in 2025
Jan 27 2025 // Have you felt like hiring and recruiting has been harder lately? It’s tough to find good candidates. People seem less committed to the process. There’s more competition with offers. With so many ups and downs,...
US Health Agencies Cancel External Meetings, Travel After Trump Admin Directives
Jan 24 2025 // U.S. health agencies including the CDC this week canceled meetings with external groups, paused some public health publications and told employees to freeze travel after directives from the Department of Health and Human...
People Moves: MEMIC Promotes Holbrook; XS Brokers Hires Dawson
Jan 24 2025 // Matt Holbrook The MEMIC Group, headquartered in Portland, Maine, promoted Matt Holbrook to vice president of data and analytics. Holbrook, who is based in Maine, joined MEMIC in 1996 and most recently served as senior...
Flow Specialty Says Its AI Agent Passed RPLU Exams
Jan 22 2025 // Specialty wholesaler Flow Specialty said its artificial intelligence model has passed the Registered Professional Liability Underwriter (RPLU) exams for cyber, errors & omissions, and executive liability...
People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit
Jan 22 2025 // Lawley, headquartered in Buffalo, New York, appointed four new partners. Michael Jantzi II Michael Jantzi II has worked in the insurance and business development sectors since 2010. Prior to becoming a partner, he was an...
Tropolis Acquires 4 Agencies in Midwest
Jan 21 2025 // Tropolis, an insurance brokerage that provides property & casualty (P&C) and employee benefits solutions, announced it has completed the acquisitions of four Midwest insurance agencies. Terms of the private...
