Monthly Archives: <span>February 2016</span>

UCA in California Names Stipati President

Cypress, Calif.-based UCA General Insurance Services Inc. has named Frank Stipati president of the firm. He will be responsible for day-to-day operations and the profitability of UCA. Stipati has held various positions within UCA for the past 26 years. UCA …

Ramsey Named Commercial Lines Director for State Auto’s Western Region

State Auto Insurance Co. has selected Gayle Ramsey to lead the company’s Western Region as commercial lines regional director. She is based in Austin, Texas. Ramsey joined State Auto in 2013 as an underwriter in State Auto’s practice groups and …

BB&T to Buy Swett & Crawford for $500M

Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to acquire CGSC North America Holdings Corp. for …

Gun Maker Seeks Dismissal of Newtown Shooting Lawsuit

Lawyers for a gun maker and families of some Sandy Hook Elementary School massacre victims squared off in a Connecticut courtroom Monday over whether a federal law prevents the families’ wrongful death lawsuit targeting the AR-15 rifle used to kill …

AmWINS Group Acquires Group Benefit Services in Maryland

AmWINS Group Inc. announced that it has acquired Group Benefit Services Inc. and GBS Payroll Plus Inc., known collectively as Group Benefit Services, in Hunt Valley, Maryland. Terms of the transaction were not disclosed. Founded in 1980, Group Benefit Services …

UK’s Towergate and Ageas Announce 5-Year Capacity Deal

Towergate and its subsidiary Arista, a Lloyd’s coverholder, have formed a partnership with the insurer Ageas, which will provide capacity of £60 million ($82.9 million), each year for the next five years. The capacity will be used for Arista’s commercial …

Storms Kill 2 in Louisiana; Governor Declares State of Emergency

A deadly tornado-spawning storm system swept across the Gulf Coast on Monday and Tuesday, killing at least three people in Louisiana and Mississippi. Louisiana Governor John Bel Edwards declared a state of emergency in nine parishes as a result of …

The Hilb Group Acquires PriMed Consulting in New Jersey

The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced that it has acquired PriMed Consulting, an independent agency in Ocean Township, New Jersey. The deal represents The Hilb Group’s first acquisition in New Jersey. Terms of …

Creedon Begins Tenure as CEO of Utica Mutual in New York

Utica Mutual Insurance Company in New Hartford, New York, said Richard P. Creedon officially began his tenure as chief executive officer of the company with the retirement of J. Douglas Robinson as CEO.

Attorney: U. of Oklahoma Settles Suit over Painting Stolen by Nazis

An attorney for a French woman who sued the University of Oklahoma over a painting that the Nazis stole from her family says a settlement has been reached and that the university will return the painting to her. New York …