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

Top 5 Issues in Often-Misunderstood Business Interruption Insurance

The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts detailed the top five issues related …

Risk Strategies Acquires Dubraski & Associates in California

Risk Strategies Co. has acquired San Diego, Calif.-based Dubraski & Associates Insurance Services, a national brokerage and consulting firm that provides risk and insurance solutions to the healthcare industry. Dubraski & Associates has experience in providing healthcare and managed care …

Hub Acquires Assets of Lovsted-Worthington in Washington

Hub International Ltd. has acquired the assets of Lovsted-Worthington Insurance, which serves Seattle and Western Washington. Terms of the deal were not disclosed. LW will become part of the Hub International Northwest operations. With this latest acquisition, Hub Northwest operates …

Stone Creek Adds 3 to Ranks in Northern California

Lafayette, Calif.-based Stone Creek Insurance Agency has hired three new people for its Northern California office. Russell Wong has been named a personal lines broker. He specializes in personal lines insurance, including flood and earthquake. Wong has 16 years of …

Clark Insurance Adds 2 to Business Insurance Department in Maine

Clark Insurance hired Zachary Henry and Andrew Shaw for the firm’s Business Insurance Department in the Portland, Maine, office. Both will serve as associate account managers until they earn their property/casualty insurance licenses. Once they become licensed, they will serve …

Former Mass. Brokerage Owner Pleads Guilty to Stealing $10M From Aetna

A former insurance brokerage owner has pleaded guilty on June 2 in federal court in Hartford, Connecticut, to wire fraud and money laundering charges stemming from her theft of more than $10 million from Hartford-based Aetna. According to the announcement …

Prosecutor: Pennsylvania Nurse on Disability Taught Fitness Class

Authorities say a Delaware County, Pennsylvania, nurse who said she was too injured to work was well enough to work 84 times as a fitness instructor. The Delaware County District Attorney’s office has charged 36-year-old Jamie Scott of Ridley Township …

ITC Acquires Rater Multico-Online in Washington

Insurance Technologies Corp., a provider of marketing, rating and management software and services, has acquired Multico-Online from Multico Rating Systems Inc., a large Seattle, Wash.-based comparative rating vendor. The move is to expand ITC’s insurance rating and sales system TurboRater, …

Alliant Acquires Mary Roach Insurance Agency in California

Newport Beach, Calif.-based Alliant Insurance Services has acquired Mary Roach Insurance Agency Inc., a provider of crop insurance to the agribusiness community headquarter in Fresno. Mary Roach will be instrumental in building the crop insurance specialty across the Alliant enterprise, …

Alliant Hires Moylan as Managing Director for Construction Services in Md.

Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, hired David C. Moylan for its Construction Services Group as managing director of International Surety. In his new role, Moylan will lead the expansion of Alliant’s international surety …