AssuredPartners, Omni Risk AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, N.Y. The firm specializes in coverage for commercial insurance with a specialty in construction coverage, surety bonding, personal insurance, as well as life and health …
The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall profitability took a noticeable dip. As well the annualized rate …
A driver rockets his $1 million Bugatti into a salty lagoon … Two kids perish in a home insurance arson their own mother set … A cancer doctor pumps healthy patients with toxic chemotherapy in a $125 million insurance plot. …
Nationwide Insurance ran into some social media backlash to its Super Bowl commercial that the company says was intended to spark a “fierce conversation” about preventing childhood deaths. The insurer issued a statement explaining and defending the ad. The ad …
Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance industry that serves this specialty market, the …
Multiples of EBITDA (earnings before interest, taxes, depreciation and amortization) has been used for various business valuations, investment decisions, and loan arrangements for many generations so there is nothing new about it (barring the somewhat creative derivatives companies deep in …
The top five states in which a person was most likely to file an auto claim last year were all on the East Coast. December had the lowest volume of all vehicle claims of any month. Those are just two …
Imagine you are CEO of a company and nearly half the employees that make your company succeed will retire in just 15 years. This is a reality for many insurance industry CEOs. Talent shortage is a major, looming problem. Recent …
The Business Auto Coverage Form (BACF) is the most commonly used form for business auto liability insurance.Autos in the form are defined to include cars, trucks, trailers, vans or other vehicles designed for use on public roads. —Insurance Information Institute …
My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. School Districts Market Detail: R-T Specialty, LLC Corporate Headquarters offers options for hard-to-place property risks. Available limits: Minimum $100,000, maximum $5 …
