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

“YOU SUCK!”: Your Personal Lines Clients and Their Tweets, FB Posts and Yelps!

Recently I ordered a pizza from a national chain (no, not the one you’re thinking) and it was quite late arriving at my home. So late, in fact, that I called the store 45 minutes after I placed my order …

AXA’s First-Half 2015 Profits up 2.3% on U.S., French Life Insurance Gains

French insurer AXA SA said first-half profit rose 2.3 percent, helped by higher life-insurance earnings in the U.S. and France. Net income at France’s biggest insurer climbed to €3.08 billion ($3.37 billion) from €3.01 billion [$3.30 billion] a year earlier, …

XL Group Posts Q2, 1st HY Earnings; Boosted by Catlin Acquisition

XL Group’s second quarter report showed a net decrease in operating income to $245.8, compared to $279.6 million in Q2 2014. For the first half of 2015 XL reported operating earnings of $440 million, down from $518 million in 2014. …

Florida-Based Gulfstream P&C Names Block as CFO, Treasurer

Gulfstream Property and Casualty Insurance Co., a regional property carrier providing homeowners, condominium, renters, dwelling fire and flood coverage with operations in five states, has announced the appointment of David N. Block as chief financial officer and treasurer. Block is …

American Specialty Insurance & Risk Services, Inc. Announces New Dance Studio Online Insurance Program

Fort Wayne, IN, August 4 2015: American Specialty is pleased to announce the roll out of its latest online insurance program for U.S. based dance schools and studios specializing in the instruction of performance and social dance. Coverage includes $1,000,000 …

West Virginia Investigators: Harpers Ferry Fire Started on Business Patio

A state agency spokesman says a fire in Harpers Ferry, W. Va.’s, commercial area began on the rear patio of a business. Department of Military Affairs and Public Safety spokesman Lawrence Messina tells The Herald-Mail that the cause of the …

PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …

Firefighters Work to Contain North Carolina Forest Fire Threatening Homes

Firefighters are working to contain a wildfire burning in the Pisgah National Forest in McDowell County, North Carolina. The U.S. Forest Service said Sunday anyone traveling along Interstate 40 and U.S. Highway 70 can expect to see smoke over the …

Vermont Licensed 14 New Captives So Far This Year

The Vermont Department of Financial Regulation announced on July 31 that the state regulators licensed 14 new captives during the first seven months of 2015, already nearing the full-year 2014 total of 16. The newly licensed captives include seven pure …

Arthur J. Gallagher Completes Acquisition of William Gallagher in Boston

Arthur J. Gallagher & Co. announced today that it has completed its previously disclosed acquisition of William Gallagher Associates Insurance Brokers Inc. in Boston. Arthur J. Gallagher & Co. previously announced on June 15 that it has signed a definitive …