May 19, 2011
Hub International Limited (Hub) has acquired The Transportation Group, LTD (TTG), a Dallas and Houston, Texas-based brokerage firm that specializes in insurance and risk management for the trucking industry. Terms of the acquisition were not disclosed. TTG will become part …
May 18, 2011
Chicago-based insurance holding company Ryan Specialty Group, LLC (RSG) has agreed to acquire specialist Lloyd’s insurer Jubilee Group Holdings Limited. Jubilee Group Holdings owns Jubilee Managing Agency Limited and the distribution and administration businesses Lutine Assurance Services Ltd., Jubilee Service …
May 18, 2011
Emergency workers in nearly half of California counties will be practicing for a catastrophic flood this week — a drill given added urgency by the once-in-a-generation flooding in the Mississippi River delta 2,300 miles to the east. The reason for …
May 18, 2011
A Salem, Ore., attorney has filed a lawsuit accusing USAA Insurance Co, which represents military members and their families, of fraudulently denying claims after car crashes. The Salem Statesman Journal reports the suit, filed in Portland, accuses USAA Insurance Co. …
May 18, 2011
Ann Flood has been appointed Chief Deputy Commissioner in Michigan’s Office of Financial and Insurance Regulation (OFIR), effective May 17, 2011. She will oversee OFIR’s Office of General Counsel, Health Plans Division, and Supervisory Affairs and Insurance Monitoring Division. Flood …
May 18, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mexico’s Mapfre Tepeyac S.A., both with stable outlooks. The ratings reflect Mapfre Tepeyac’s “solid balance sheet, growing market presence and adequate …
May 18, 2011
Lexington Insurance Co., a Chartis company, has introduced ITC Energy – 48SM, its energy investment tax credit insurance program, which consists of ITC Energy-48SM Mobile Property Insurance and ITC Energy-48 SM Professional Liability Insurance. This new suite of products is …
May 18, 2011
San Diego Insurance Women, an affiliate of the National Association of Insurance Women, International, has presented the Employer of the Year award to CMR Risk & Insurance Services Inc. This award is given each year to the employer who has …
May 18, 2011
Insurance brokerage and risk management firm Integro has acquired Argo Insurance Brokers, a San Francisco Bay Area broker offering commercial, private client services, employee benefits and specialty insurance programs. Financial details of the transaction have not been disclosed. Argo will …
May 18, 2011
National Interstate Insurance Co., a provider of transportation insurance, has entered the ambulance insurance market through a relationship with McNeil & Company, Inc.. The Ambulance Services Insurance Program (ASIP) is an insurance product created specifically for emergency and non-emergency medical …