February 12, 2016
South Carolina farmers devastated by last fall’s flooding could get up to $40 million in state aid to stay afloat under legislation advanced Wednesday to the House floor. The legislation approved 21-0 by the Ways and Means Committee allows farmers …
February 11, 2016
New Day Underwriting Managers LLC has hired Alyson Lupinetti as account manager in the Construction Group. She is based in New Day’s main office in Hamilton, New Jersey.
February 11, 2016
FBinsure, an independent insurance agency with nine locations in Massachusetts, announced Thursday that it has acquired the Hardy & Ponte Insurance Agency, an independent agency in New Bedford, Massachusetts. Terms of the transaction were not disclosed. FBinsure said Hardy & …
February 11, 2016
Markel Corp. reported $197.9 million in net income to shareholders for the 2015 fourth quarter, up from $117.6 million during the same period in 2014. For the full-year 2015, the Richmond, Virginia-based specialty insurer posted $582.8 million in net income …
February 11, 2016
QBE North America announced that Dennis Kearns, senior vice president, underwriting leader, will assume leadership of its Financial Institutions practice in addition to his existing role leading the Transactional Liability practice. He is based in QBE North America’s New York …
February 11, 2016
Channel Harvest Research, in partnership with Insurance Journal, recently launched its 2016 national survey of independent agents’ attitudes about their carrier partners. This is the ninth annual study on key elements of the property/casualty agent-carrier relationship. Agents and brokers have …
February 11, 2016
Hub International Northeast, a division of Hub International Limited, has hired Allyson Martin as senior vice president and strategic real estate advisor.
February 11, 2016
A recently released study shows the positive contributions insurance industry brings to Michigan’s economy. The report — Economic Footprint of Michigan’s Insurance Industry — by Anderson Economic Group shows the insurance sector as a whole provides an annual $37.1 billion …
February 11, 2016
Failed safety oversight was partly to blame for a deadly crash near Chicago in which a truck driver for a company already flagged as high-risk fell asleep and plowed into emergency vehicles, a federal accident investigations board said. The panel …
February 11, 2016
A group of Wisconsin landowners is suing Enbridge to force the company to carry spill insurance on a pipeline that will carry Canadian tar sands oil across the state. The landowners live within 350 yards of the pipeline. The Wisconsin …