Agents & Brokers News

Despite Soft Market, Texas Agencies Manage to Grow

They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business, but these Texas-based independent insurance agencies have one thing in common: …

New Specialty Insurance and Weather Brokerage Launched in Minnesota

Milltown Insurance Group, a new specialty insurance and weather brokerage in Lakeville, Minn., recently was opened for business by Dana D’Arrigo. The firm specializes in niche property and casualty program business and provides solutions for smoothing revenues, locking in profits …

Marsh Appoints Marx as Senior Client Executive in San Diego

Marsh, an insurance broker and risk advisor, has appointed Ron Marx as a senior vice President in its San Diego office as part of its continued efforts to aggressively target emerging opportunities in Southern California. Marx brings more than 30 …

Country Sees Growing Power of Hispanic Agents and Customers

Latin Agents Group Launches in New York The growth of the country’s Hispanic population is a hot topic among demographers and marketers – including insurance producers and brokers. As of 2008, the last year for which census data is available, …

Lance Surety Bond Associates Bridges the Surety Gap for Insurance Agencies

July 19, 2010 – Lance Surety Bond Associates Inc., a Doylestown, PA-based surety bond agency able to write bonds in all 50 states, announced that they have launched a campaign to become the surety bond source for more insurance brokers. …

Business Moves

Insight Insurance Consulting Laurie Zangwill-Infantino, former president of the Insurance Skills Center (ISC), has formed a new consulting firm, Insight Insurance Consulting. The company will focus on professional development for agents and brokers, as well as insurance companies, staff and …

Washington Agents Advised to Update Contact Info

Washington agents and brokers are being advised to update their licensing business address with the Office of the Insurance Commissioner. In October, the OIC will launch a new search feature on its Web site to help consumers look for an …

Business Moves

First Mercury, Valiant Michigan-based First Mercury Insurance Co. is acquiring New York-based Valiant Insurance Group Inc. in a transaction valued at approximately $55 million. The transaction is expected to close in the fourth quarter. Valiant’s existing classes of business to …

Ex-Marsh Executives’ Bid-Rigging Convictions Tossed on New Evidence

A New York judge has thrown out the convictions of two former Marsh & McLennan Cos. executives for their roles in an insurance bid-rigging scheme that led to an $850 million settlement with the state. The defendants William Gilman and …

New York Weighs Easing Excess Lines Rules

New York Superintendent of Insurance James J. Wrynn said his agency will hold a public hearing next month to explore the possibility of increasing insurance capacity in New York by easing access to non-standard market insurers. The New York State …