Word & Brown

MAY 21, 2025

When youre starting your career as an insurance sales professional, there are many things to consider. What type of insurance do you want to sell? There are many segments of the insurance marketplace. Do you want to be a captive insurance agent (selling policies for a single insurer)?

Broker-Agent 52

Broker-Agent Insurance Broker Broker Agents 52

Insurance Journal

SEPTEMBER 16, 2024

Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall conference …

Broker-Agent 262

Broker-Agent Insurance Agent Insurance Agents Broker 262

Insurance Journal

SEPTEMBER 30, 2024

Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …

Broker 243

Broker Broker-Agent Agents Insured 243

Insurance Journal

MAY 22, 2025

The Independent Insurance Agents and Brokers of America celebrated a “significant victory” for independent agents with the passage of a sweeping tax bill this week by the House of Representatives. The so-called “Big Beautiful Bill” of tax reform makes much …

Insurance Agent 180

Insurance Agent Insurance Agents Agents Broker-Agent 180

Insurance Journal

JULY 14, 2024

By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have …

Broker-Agent 264

Broker-Agent Premium Casualty Insurance Agents 264

Insurance Journal

AUGUST 5, 2024

Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. This post is part of a series sponsored by Dyad. Their success hinges on two crucial factors: …

Broker-Agent 246

Broker-Agent Broker Agents Risk 246

Insurance Journal

NOVEMBER 21, 2024

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 246

Premium Commercial Broker-Agent Commercial Property 246

Insurance Journal

JANUARY 7, 2025

insurance agents and brokers, but until recently that has been easier to assert than to achieve consistently. Boosting growth and profitability is a goal for all U.S. Booking organic growth is difficult, even for firms with strong sales cultures, and …

Broker 246

Broker Broker-Agent Insurance Agent Insurance Agents 246

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

Insurance Journal

JULY 17, 2024

This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW. A summary of these new hires follows here. DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director DUAL Europe announced the appointment …

Broker-Agent 279

Broker-Agent Insurance Broker Broker Agents 279

Insurance Journal

AUGUST 2, 2024

Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …

Broker-Agent 264

Broker-Agent Risk Building Insurance Agent 264

Insurance Journal

OCTOBER 20, 2024

National Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall …

Broker-Agent 264

Broker-Agent Insurance Agent Insurance Agents Broker 264

PSM Brokerage

AUGUST 1, 2024

Registration and Training for Marketplace Agents and Brokers Plan year 2025 Marketplace registration and training is now available for new and returning agents and brokers on the Marketplace Learning Management System (MLMS). Returning agents and brokers can take training through the MLMS or the HHS-approved vendor(s).

Broker-Agent 92

Broker-Agent Broker Agents License 92

Insurance Journal

APRIL 20, 2025

The insurance market, the economy, and consumer expectations are all shifting, making it hard to know where to focus. The Council of Insurance Agents & Brokers (CIAB) reports that fourth-quarter … Wouldn’t it be nice to know what the future holds?

Broker-Agent 253

Broker-Agent Insurance Agent Insurance Agents Broker 253

Insurance Journal

DECEMBER 18, 2024

Washington Insurance Commissioner Mike Kreidler issued fines totaling $576,500 against insurance companies, agents, brokers and unlicensed entities in October and November of 2024 for violations of state insurance laws and regulations. The fines included $100,000 levied against PacificSource Health Plans …

Broker-Agent 242

Broker-Agent Broker Agents Insurance Companies 242

Insurance Journal

MAY 19, 2025

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the first quarter 2025 rose by 4.2%down down 22% from the last three months of 2024 and a “clear” signal of …

Commercial 192

Commercial Broker-Agent Commercial Property Insurance Agent 192

Insurance Journal

NOVEMBER 3, 2024

Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties. With state laws varying widely and …

Broker-Agent 246

Broker-Agent Casualty Insurance Insurance Broker Broker 246

Insurance Journal

JANUARY 7, 2025

Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing coverage for catastrophe-exposed properties, is a managing general underwriter …

Underwriting 244

Underwriting Underwriter Risk Broker-Agent 244

Insurance Journal

JANUARY 29, 2025

This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. Patel Named Chair of Canopius Managing Agents, Succeeding Meader Canopius Group, the global specialty re/insurer, … A summary of these new hires follows here.

Agents 229

Agents Broker-Agent Broker Insurance 229

Rough Notes

JANUARY 31, 2025

CONGRATULATIONS, SOUND PACIFIC INSURANCE By Dave Willis, CPIA The votes are in. Past Rough Notes cover agents and brokers have spoken. And we have a winner.

Broker-Agent 105

Broker-Agent Broker Agents Insurance 105

Insurance Journal

APRIL 17, 2025

A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

Broker 168

Broker Insurance Broker Broker-Agent Theft 168

Simply Insurance

JUNE 12, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 94

Insurance Quotes Life Insurance Insured Insurer 94

Insurance Journal

OCTOBER 24, 2024

Washington Insurance Commissioner Mike Kreidler issued fines totaling $302,500 against insurance companies, agents, brokers and unlicensed entities in July, August and September for violations of state insurance laws and regulations. Among those actions was a $40,000 fine issued to Allstate …

Broker-Agent 147

Broker-Agent Broker Insured Insurer 147

Insurance Journal

FEBRUARY 24, 2025

Article Key Points: Insurance distribution involves various entities like agents, IMOs, FMOs, brokers, aggregators, MGAs, and MGUs. Carriers appoint licensed agents to sell products, but the process varies based on … This post is part of a series sponsored by AgentSync.

Broker-Agent 130

Broker-Agent License Agents Insurer 130

Insurance Journal

SEPTEMBER 27, 2024

Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …

Broker 278

Broker Insurance Broker Insured Insurer 278

Simply Insurance

JUNE 11, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 86

Insurance Quotes Life Insurance Workers Comp Insured 86

Insurance Journal

FEBRUARY 19, 2025

Howden, the London-based global insurance intermediary group, announced the acquisition of aviation specialists Forbes Insurance Ltd., and the acquisition of the book of business from Hill Aviation Insurance Services Ltd. Forbes Insurance … Financial details of the acquisitions were not disclosed.

Insured 140

Insured Insurer Insurance Broker-Agent 140

Insurance Journal

MARCH 13, 2025

USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer and broker in its Tampa office another step in the company’s nationwide expansion plans. Reinhold has seven years of experience in the …

Broker-Agent 140

Broker-Agent Broker Agents Insured 140

Insurance Journal

MARCH 4, 2025

Specialist Risk Group (SRG), the London-based insurance intermediary, announce the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed.

Broker 140

Broker Risk Insured Insurer 140

Insurance Journal

MAY 13, 2025

Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents, and brokers. McGavick is the former CEO of …

Broker-Agent 140

Broker-Agent Broker Agents Insured 140

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer.

Agents 52

Agents Broker-Agent Broker Underwriting 52

PSM Brokerage

FEBRUARY 27, 2025

With this drastic funding reduction, more consumers will likely turn to licensed insurance agents and brokers to navigate their coverage choices. In previous years, studies have shown that Navigators were significantly more involved in Medicaid and CHIP enrollments compared to brokers. ACA Agent Resources

Insurance Agent 52

Insurance Agent Insurance Agents Agents Broker-Agent 52

Insurance Journal

AUGUST 30, 2024

Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …

Insurance Broker 309

Insurance Broker Broker Risk Insured 309

Solstice Insurance Broker

MARCH 28, 2025

The healthcare insurance needs of your clients constantly change based on factors such as workforce productivity and budget. The good news is there are a range of tried-and-true strategies that can help you consistently attract top-notch leads every quarter.

Insured 147

Insured Insurer Insurance Broker-Agent 147

Insurance Journal

AUGUST 2, 2024

According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s admitted insurance carrier. Orion180 has announced its expansion into the Buckeye State. Orion180 also operates in Alabama, Arizona, …

Insurance Carrier 263

Insurance Carrier Insured Insurer Insurance 263

Insurance Journal

OCTOBER 3, 2024

Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …

Broker 278

Broker Commercial Insurance Broker Insured 278

Simply Insurance

JUNE 10, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 72

Insurance Quotes Life Insurance Insured Insurer 72