Monthly Archives: <span>September 2019</span>

Kaufman Institute’s Personalized Insurance Learning Hub Now Open to Industry

Adult learners want a personalized educational journey — one in which they are able to choose what they want to learn, as well as when and how they want to learn it. That’s the premise behind the Kaufman Institute, a …

AJG Not Liable for Late Notice that Cost Illinois Firm $1.34M

An Illinois construction company that waited six years to inform its excess insurer it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy, a federal appellate court …

Deadly Weapon Protection and Crisis Response

The shooting in Dayton, Ohio, August 4, became the 247th mass shooting in the U.S. in 2019. At an average of more than one mass shooting per day, statistics highlight the need for awareness among organizations of all sizes about …

Business Moves

National Arch Insurance, Ventus Risk Management Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises. Ventis has …

Fake Claims, Price Gouging, Bogus Contractors in Times of Disaster

As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline of aid flowing into the stricken …

Georgia Agency Partners – #13 Agency Partnerships 2019

$68,000,000 2018 Total P/C Revenue Founded in 1995, the Georgia Agency Partners network is 15 agencies headquartered in Georgia. “We grow organically through our current members and do not add members just for volume growth,” Meredith Rominger, executive director of …

United Agencies Inc. – #18 Agency Partnerships 2019

$46,000,000 2018 Total P/C Revenue United Agencies Inc. began as a cluster in 1962 when several insurance brokers came together to evaluate the direction of the insurance industry and how to best serve their customers in the future. United Agencies …

SIAA – #1 Agency Partnerships 2019

$1,211,398,245 2018 Total P/C Revenue The SIAA business model has been operating since 1983 in the Northeast and nationally since 1995. The organization operates with 48 local master agencies with over 350 associates across the country including 150 field personnel. …

Insurance Alliance Network – #19 Agency Partnerships 2019

$37,053,881 2018 Total P/C Revenue Every agency maintains independent ownership in their book of business when they become a member of the Insurance Alliance Network, part of the Alera Group. According to Jane D. Koppenheffer, president, while agency members enjoy …

Declarations

Midas Suit “It is unfortunate that we are now adversaries in litigation instead of partners in restoration.” — Laurel Sayer, CEO of Midas Gold Idaho, a Midas Gold subsidiary, commented on a lawsuit filed by the Nez Perce Tribe to …