January 7, 2015
AssuredPartners Inc. has acquired A.J. Lupas Insurance Agency Inc. in Plains, Pennsylvania. Terms of the transaction were not disclosed. A.J. Lupas provides coverage for individuals, businesses, and life and health insurance products. The firm reports approximately $3 million in revenues. …
January 7, 2015
As far as Ohio state law goes, homeowners don’t have a legal obligation to shovel sidewalks due to a natural accumulation of snow and ice, but this doesn’t mean they shouldn’t at least try to maintain them, according to the …
January 7, 2015
Berkshire Hathaway Specialty Insurance (BHSI) is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group. According to Meredith Bullock, vice president, Casualty, the latest expansion reflects BHSI’s strategy to …
January 7, 2015
Minnesota-based Western National Insurance Group announced an affiliation between Michigan Millers Mutual Insurance Co. and Western National Mutual Insurance Co. This affiliation will be final after the necessary regulatory approvals are completed, which are expected to be done by the …
January 7, 2015
A Dallas-area man has been sentenced to nine years in federal prison for running a staged traffic accident insurance scam since 2005. Leroy Nelson of DeSoto must also repay nearly $5 million as part of sentencing announced Tuesday. The 61-year-old …
January 7, 2015
A North Texas chiropractor has been sentenced to more than 12 years in prison for billing health care providers for services that were never rendered. Dr. Abbas Zahedi of Carrollton was sentenced in federal court and ordered to pay $2.4 …
January 7, 2015
The Independent Insurance Agents of Texas (IIAT) has selected Marit Peters as its president and executive director. She will replace David VanDelinder, who is retiring from the leadership role. Peters has spent the past 20 years working across various industries …
January 7, 2015
Markel appointed Matt Huels as managing director, brokerage casualty, for its product line leadership team. He is based in Chicago. Huels comes to Markel from XL, where he was vice president of the casualty product line nationwide. Huels has also …
January 7, 2015
Classic vehicle insurer, Traverse City, Mich.-based Hagerty, hired Richard Hutchinson as the company’s president, effective Jan. 5, 2015. Hutchinson joins Hagerty from the Progressive Corp., where he has held many leadership positions during his 29-year tenure there. His insurance acumen …
January 7, 2015
AmTrust Financial Services Inc. announced that it has acquired privately held Oryx Insurance Brokerage Inc. from Oryx’s principals for cash. Further terms of the transaction were not disclosed. Oryx was established in 1996 as a managing general agent (MGA) and …