Denver-based The IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management, has been awarded the 2009 PAR Excellence Award for the fifth year. Assurex Global, a worldwide network of insurance brokers, sponsors the …
Maine-based insurer Acadia Insurance Co. has named Christopher Rourke as its new regional vice president-Connecticut branch manager. Rourke will help to develop and monitor the overall underwriting, marketing, loss control and claims strategies for the Connecticut office. He will be …
Omaha, Nebraska, March 24, 2010 – New search technology helps P&C agents, find leads and prospects. In addition to listing home policy expiration dates for use in generating sales leads, Cole X-Dates, is pleased to announce new search capabilities that …
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …
A.M. Best Co. has assigned a debt rating of “bbb+” to the recently issued $500 million 5.875 percent senior unsecured notes due 2020 of Axis Specialty Finance LLC. The senior notes are unconditionally and irrevocably guaranteed by Bermuda-based Axis Capital …
Las Vegas-based Premier Physicians Insurance Co. risk retention group announced it has earned a Financial Stability Rating (FSR) of “A Exceptional” from Demotech Inc., a financial analysis firm located in Columbus, Ohio. The FSR is Premier Physicians’ first rating. According …
A lawsuit brought by Massachusetts residents who say their property values dropped after a barge spilled nearly 100,000 gallons of oil in Buzzards Bay in 2003 is scheduled to start. The New Bedford Standard-Times reports that the class action suit …
What do a pizza maker, insurance underwriter and a podiatrist have in common? In New York, at least, they were among the 499 people convicted of insurance fraud last year, according to the state’s insurance department, amid a troubling spike …
Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2010 Agency Salary Survey results will be …
Montgomery Insurance, a Liberty Mutual Group regional operation, says it is implementing a commercial lines growth plan in Florida with its independent insurance agents. The Charlotte, North Carolina-based unit with operations in seven southeastern states is targeting small to mid-market …
