Best Read Agencies Headlines
Headlines from our Agencies Topic Page with the most time spent reading.
#1 Viewpoint: California Regulatory System Hurting Independent Agents and Their Clients
Nov 29 2022 // Millions of California insurance consumers are being adversely affected and incurring higher costs of insurance due to the malfunctioning insurance regulatory system in California. Moreover, the broken regulatory...
#2 US Agencies Hit in MOVEit Hacking Campaign as Victim List Grows
Jun 16 2023 // Multiple US agencies were compromised by a hacking campaign in which attackers have exploited flaws in a popular software tool to gather information from a range of victims. The US Cybersecurity and Infrastructure Security...
#3 Biden’s Antitrust Push Across Agencies Is Working to Block Deals
Mar 17 2023 // The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline...
#4 From Cyber to Lease Protection, Many Small Businesses and Agencies Are Woefully Unprepared
Mar 6 2023 // Lisa Parry Becker, vice president of an independent insurance agency in Langhorne, Pennsylvania, recounted a computer hacking incident a longtime client suffered recently. It sounds almost like a thriller novel, with a...
#5 The Top 3 Questions Agents Ask about Builders Risk
Oct 27 2022 // Design on a Dime, Property Brothers, Man Cave, This Old House, Flip or Flop — These popular TV shows draw millions of viewers with stories featuring renovations of run-down or dated homes. Television producers...
#6 Special Report: America’s Best Independent Insurance Agencies to Work For
Nov 21 2022 // The votes are in for the 2022 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2022 highlighted the importance of competitive salaries, employee benefits, training and education,...
#7 Russia Threatens to Bypass UN-Brokered Grain Deal, Cites Insurance as Barrier
Apr 10 2023 // Russia on Friday threatened to bypass the UN-brokered grain deal unless obstacles to its agricultural exports were removed, while talks in Turkey agreed removing barriers was a necessary condition to extending the...
#8 Former Alfa Agent Named Alabama Deputy Insurance Commissioner
Feb 15 2023 // Larry Chapman Jr., recently an agent with Alfa Insurance, is the new deputy insurance commissioner for Alabama. The state Department of Insurance announced that Chapman will fill the spot left vacant by Mark Fowler, who...
#9 New Federal Mandates Won’t Impact Premium Finance Transactions: Big I
Apr 17 2023 // The Consumer Financial Protection Bureau recently issued a final rule as part of the Dodd-Frank Act, and thanks to the lobbying efforts of the Independent Insurance Agents & Brokers of America (Big “I”) and...
#10 Network Merger: New Jersey Alliance’s 22 Agencies to Join Keystone Group
Dec 13 2022 // Keystone Insurers Group, the fourth largest insurance agency network, has agreed to merge New Jersey Agents Alliance (NJAA) into its nationally ranked network. Keystone said NJAA’s 22 owners/members unanimously...
#11 Freddie Mac Accepts KBRA Ratings, Giving Fla. Agents, Mortgagees More Options
Feb 2 2023 // Freddie Mac, one of two mortgage-buying companies that buttress the U.S. home-lending market, has agreed to accept the Kroll Bond Rating Agency as a rating firm for homeowners’ insurance companies. “We have...
#12 Carolina Agent, Missouri Attorneys Indicted on Tax, Insurance Fraud Charges
Nov 17 2022 // Two Missouri tax attorneys and a North Carolina insurance agent have been indicted for helping clients set up fraudulent tax shelters, file false tax returns and to defraud an insurance carrier, federal prosecutors...
#13 KKR Used Equity Rather Than Debt to Fund Acquisition of Broker April Group
Dec 2 2022 // KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of...
#14 Wholesale Broker Socius Acquires New York’s Kelly Underwriting
Jan 19 2023 // San Francisco-based wholesale insurance brokerage Socius Insurance Services, Inc. has acquired the assets of Kelly Underwriting Services, a Farmingdale, New York based managing general underwriter. Led by Tom Nash, Kelly...
#15 Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions
May 30 2023 // Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later...
#16 New York’s High Court Upholds Insurance Regulation Opposed by Agents
Oct 26 2022 // New York insurance agents have lost their bid to overturn a state consumer regulation governing the sale of life insurance and annuity products that they believe is vague and exceeds the state insurance regulator’s...
#17 Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization
Oct 14 2022 // In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of stead decline. Marsh said rate increases for cyber insurance have decelerated...
#18 Former California Insurance Agent Sentenced After Embezzling Clients’ Premium Payments
Dec 27 2022 // Anaiza Villarreal Lopez, 30, of McFarland, California was sentenced in Kern County Superior Court on one count of grand theft by embezzlement after pocketing clients’ premium payments and leaving several of them...
#19 Brothers in Fraud: Carolina Insurance Agents Plead Guilty to Ponzi Scheme Charges
Feb 9 2023 // Two brothers, longtime insurance agents in Whiteville, North Carolina, are on their way to several years in prison after pleading guilty to running a Ponzi scheme that defrauded friends, family and other members of the...
#20 Insurers, Agents Spared in New Jersey Shooting Claims
Jan 5 2023 // A federal judge in New Jersey has ruled that a New Jersey property owner is not entitled to insurance coverage for a shooting because it never disclosed it owned the banquet hall where the shooting took place on its two...
