A Florida insurer has decided to lessen its exposure in south Florida, cancelling thousands of policyholders in anticipation of the June 1 opening of hurricane season. People’s Trust Insurance Co. reported that it is cancelling about five percent of its …
With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three places. Berkshire Hathaway Inc. is …
Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Assured SKCG, recently acquired MHB Insurance, located in Peekskill, N.Y. Terms of the transaction were not disclosed. Founded in 1919, MHB Insurance specializes in insurance for businesses, municipalities and individuals, and provides …
A consumer advocacy group said its analysis shows some of New York State’s largest auto insurers are charging higher premiums to motorists who have less education and non-professional, non-managerial jobs. The New York Public Interest Research Group (NYPIRG) said it …
Century Risk Advisors (CRA), an independent brokerage and risk management agency, has launched a new Professional Practice Division that will specialize in creating risk management and insurance programs for law firms, accounting firms, and other professional practices. The new division …
Demolition has begun on some Central Texas homes left unlivable after flooding during deadly fall storms. The Austin American-Statesman reported that crews are concentrating on Onion Creek neighborhoods. Late October and early November flooding caused more than an estimated $100 …
Iowa Insurance Commissioner Nick Gerhart has revoked the insurance producer license and securities agent license of Deanna R. McClean of Rock Island, Ill., state insurance regulators announced. McClean is also permanently barred from reapplying for those licenses or applying for …
Shreveport, La.-based Specialty Risk Associates Inc. announced that Cody Faust joined the firm as a commercial lines underwriter. Prior to joining Specialty Risk, Faust worked in marketing and business development for a general agency. He has four years of experience …
Columbia Insurance Group (CIG), headquartered in Columbia, Mo., welcomed Scott Mackey to its executive team in the newly created role of vice president of underwriting. Mackey is a seasoned insurance professional with 30 years in marketing and underwriting roles with …
A Davenport, Iowa, man faces up to 15 years in prison when he’s sentenced in May for trying to burn down his home. The Quad-City Times reports that a Scott County jury convicted 47-year-old Brian Earl Lebs of second-degree arson …
