July 16, 2014
The city of Annapolis wants ridesharing company Uber to stop operating in Maryland’s capital until it registers as a cab service. Riders connect with drivers using Uber’s smartphone app. The company has been operating in Annapolis since May. On June …
July 16, 2014
How are agencies targeting new business today? Will historical growth rates be sustainable? And just how much do agencies need to reinvest to achieve desired growth and enable perpetuation? These are some of the questions that a new industry survey …
July 16, 2014
CED 1976 LLC, a Fairlawn, N.J.-based managing general underwriter, hired Jeff Mills as relationship executive for its Jewelers unBLOCKed product, a proprietary insurance portfolio designed to provide coverage to the jewelry industry and private jewelry collectors. Mills will be responsible …
July 16, 2014
The Oklahoma Insurance Department announced its Consumer Assistance Division has recovered $2,180,170 for Oklahoma consumers in the first half of 2014. Between Jan. 1 and June 30, the Consumer Assistance Division answered 13,127 phone calls, responded to over 300 emails …
July 16, 2014
Dallas-based CPro Associates has spun off its binding authority and programs unit as a new company, B&H Risk Services Inc., headed by William E. Buckley. Buckley joined CPro in late 2013 to form and develop the new business unit. B&H …
July 16, 2014
Insurance Network of Texas, an independent insurance agency based in Giddings, Texas, is operating under a new name: The Nitsche Group. The company also unveiled a redesigned web site: www.TheNitscheGroup.com. The new site prominently features the company’s focus on their …
July 16, 2014
The A.I.M Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., promoted Wayne Grudzien to director of injury prevention and worksite wellness (IPWW). Grudzien brings 28 years of workers’ compensation injury prevention experience to the position and, most …
July 16, 2014
An unlicensed commercial entity has been ordered by Minnesota commerce regulators to pay $191,185 in civil penalties for making numerous fraudulent and unlicensed auto insurance solicitations to consumers in that state. The Minnesota Department of Commerce imposed the fine on …
July 16, 2014
MarshBerry has acquired the assets of Gill & Roeser Inc., a New York City-based boutique investment banking and reinsurance intermediary firm. Terms of the transaction were not disclosed. Gill & Roeser is an independently-owned capital management advisor to the insurance …
July 16, 2014
Bermuda-based Hamilton Re, the property casualty reinsurer of Hamilton Insurance Group, has announced the formation of an agency agreement with Iron-Starr Excess Agency Ltd., the managing general agency that underwrites on behalf of Ironshore Insurance Ltd. and Starr Insurance & …