Monthly Archives: <span>January 2015</span>

AssuredPartners Acquires A.J. Lupas Insurance Agency in Pennsylvania

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. …

No State Mandate to Shovel Sidewalks in Ohio, but Local Laws May Require It

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 …

Berkshire Hathaway Specialty Insurance Enters Environmental Segment

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 …

Western National Insurance, Michigan Millers Mutual Join Forces

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 …

Texas Staged Accident Scam Leads to 9 Years in Prison

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 …

North Texas Doctor Gets 12 Years for Insurance Fraud

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 …

Peters Named President, Exec. Director of Texas Independent Agents Group

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 …

Markel Names Huels Managing Director, Brokerage Casualty in Chicago

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 …

Michigan-Based Insurer, Hagerty, Hires Hutchinson as President

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 …

AmTrust Acquires New York’s Oryx Insurance Brokerage

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 …