Monthly Archives: <span>March 2017</span>

Slapnicka Joins Holmes Murphy Team in Cedar Rapids, Iowa

West Des Moines, Iowa-based independent insurance brokerage Holmes Murphy has added Justin Slapnicka in its Cedar Rapids location. Slapnicka has a background in the construction and safety industry. In his new role as loss control consultant, Slapnicka will be responsible …

Risk Strategies Co. Acquires Dallas-Based Terrell Insurance Services

Boston-based Risk Strategies Co. has acquired Terrell Insurance Services, an independent insurance agency headquartered in Dallas. Terms of the deal were not disclosed. Founded in 2012 by President and Principal Charles T. Terrell Jr., Terrell Insurance offers tailored insurance and …

Pipeline Owner: North Dakota Crude Spill Larger than First Estimated

A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Companies said, making it the largest crude leak to affect water in the state in …

Colorado State Patrol Crack Down to Increase Driver Safety in Rural Areas

The Colorado State Patrol is cracking down on drivers in the state’s rural areas who are caught behind the wheel without a seat belt. The Denver Post reported the increased enforcement in rural Colorado started Monday and ends Saturday. Colorado …

MassMutual Completes Broker-Dealer Integration

Massachusetts Mutual Life Insurance Company (MassMutual) has completed the integration of its existing broker-dealer, MML Investors Services LLC, and MSI Financial Services Inc., the broker-dealer acquired as part of MassMutual’s July 2016 acquisition of the MetLife Premier Client Group. FINRA …

Trump Moves to Undo Federal Climate Change Policies

President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord. Trump …

Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re

Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product. Floods in Europe, the U.S. and China, earthquakes …

How Agents Can Deploy Soft Benefits to Win the Talent War

Insurance agencies that stress “soft” benefits have the upper hand in recruiting workers in today’s competitive job market. Employees are increasingly seeking out “soft” benefits in addition to traditional “hard” benefits from their employers. While employees still greatly value salaries, …

UK’s Aviva Eyes Sale of Friends Provident Int’l Unit for $500M-$700M: Source

Aviva Plc is exploring a sale of its Friends Provident International unit, which offers life assurance and investment products, in a deal that could raise between $500 million and $700 million, a source with direct knowledge of the matter said. …

Massachusetts-Headquartered Rogers & Gray Insurance Hires Rossi

Rogers & Gray Insurance, a Kingston, Mass.-headquartered independent insurance agency, has hired Joe Rossi as a flood specialist. Rossi formed the non-profit Marshfield Citizens Coastal Coalition (MCCC) in February of 2012, seeking stronger citizen representation of coastal issues. The MCCC …