Illinois-based Arthur J. Gallagher & Co. announced it has acquired Roberts & Eastland LLC and Persac Insurance Agency of Baton Rouge, La., effective Jan. 31, 2004. Terms of the transactions were not disclosed. Roberts & Eastland and Persac Insurance were …
California-based Zenith National Insurance Corp. reported net income of $20.8 million for the fourth quarter of 2003 compared to a net loss of $7.8 million for the fourth quarter of 2002. Net income for the year ended Dec. 31, 2003 …
Experior Assessments, LLC announced that the California Department of Insurance (CDI) has awarded Experior a multi-year contract for the development of California’s insurance licensing examinations. “We are very pleased to have the opportunity to serve the needs of California’s insurance …
Florida-based HBA Insurance Group (www.hbains.com) announced the creation of a new insurance agency to serve South Florida’s trucking industry. Truck Owners Insurance Alliance LLC recently began operating from offices at the South Florida trucking industry’s only “one-stop-center,” located in Miami’s …
Insurance Commissioner Jim Long last week announced the receipt of the 2004 auto insurance rate filing from the North Carolina Rate Bureau (NCRB). The NCRB, an independent organization representing all auto insurance companies in the state, files annually for changes …
A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. But one state, South Carolina, has turned the corner …
CATEX announced that New Jersey-based reinsurance intermediary, JLT Re Solutions, Inc., a member of the Jardine Lloyd Thompson Group, has agreed to license a web-based Reinsurance Transaction System based on the CATEX proprietary Pivot Point Technology. “The system is entirely …
Electricité de France (EDF), the government owned-electric utility, has joined the Bermuda-based mutual energy insurance group Oil Insurance Limited (OIL) effective Jan.31, 2004. The EDF, which supplies electricity, natural gas and related services, not only in France, but also in …
The U.K’s largest insurer, Aviva plc, announced that intends to close down its insurance brokerage operation, Hill House Hammond. The closure will eliminate around 1,600 jobs, as Aviva shutters the broker’s 240 branches over the course of 2004. Some 400 …
RewardsPlus, a leading provider of benefits management technology, has named Joel Skyzer as Sales Director for the Mid-Atlantic region. He will be responsible for sales and marketing of the company’s benefit technology to employers and employee benefit brokers in New …
