November 28, 2017
Wells Fargo & Co. announced it is exiting the personal insurance business and will immediately begin winding down its marketing. The company said the exit process should be completed during the first quarter of 2018. Until that time, it will …
November 28, 2017
California Insurance Commissioner Dave Jones announced at the 6th Annual Insurance Diversity Summit this week that California diverse businesses supplied $1.6 billion in goods and services to insurance companies last year. That’s a $670 million increase since 2012, according to …
November 28, 2017
This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more efficient. Although there are many misconceptions …
November 28, 2017
Mike LaRocco, who took over president and CEO of State Automobile Mutual Insurance Co. in May 2015, has won the support of the company’s board of directors for an extension of his contract until Dec. 31, 2021. LaRocco has been …
November 28, 2017
Bedrock Insurance Group Holdings LLC (BIGH), based in New York, has agreed to acquire Deerfield Insurance Holdings Inc. and its operating subsidiary Ashmere Insurance Co. (AIC), a workers’ compensation specialty insurance company. Founded in Fort Lauderdale, Fla. in 2016, AIC …
November 28, 2017
Independent residential property managing general underwriter SageSure Insurance Managers, a subsidiary of Insight Catastrophe Group (ICG), has appointed Suzanne Morrow as regional vice president of Sales for the company’s western region. Based in Florida, Morrow will lead the sales team …
November 28, 2017
Independent insurance agency, The Nitsche Group, based in Giddings, Texas, has been presented the 2017 Community Commitment Award by Baylor University’s Institute for Family Business. This distinction is awarded by Baylor University to a successful family business that demonstrates a …
November 28, 2017
Guillermo Miranda Vazquez starts his day in a parking lot near the Home Depot where he easily finds work alongside other day laborers who are cleaning up Houston after Hurricane Harvey. Some days, he clears rotted drywall and hauls out …
November 28, 2017
Indianapolis-based independent insurance broker, ONI Risk Partners (ONI), is acquiring HBG Insurance & Bonds (HBG), a privately owned agency based in Greencastle, Indiana. Led by President Rick Bittles, the HBG team joins ONI’s 300-plus insurance professionals serving business and individual …
November 28, 2017
Startup insurance provider, Berkley One, has launched in Illinois, the first state of a planned national state-by-state rollout. Working with a select group of independent agents, Berkley One offers home, automobile, fine art and collectibles, and excess liability insurance solutions, …