Marsh McLennan Agency, a subsidiary of Marsh, one of the largest insurance brokers in the world, has acquired Pelnik Insurance, a North Carolina independent agency, the company announced. Pelnik, founded in 1994, offers business insurance and employee benefits. It has …
Women 35 and older tend to pay more for automobile insurance, especially in Florida and Alaska, an insurtech company study found. Young men usually pay much more than young women do for car insurance. But by age 35, women are …
SolarWinds Corp. investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that created a vulnerability in thousands of its customers’ systems. The lawsuit filed in …
This post is part of a series sponsored by AgentSync. The insurance industry has been around for thousands of years. But that’s no reason your agency should still be operating like it’s 1916! One of the greatest parts of the …
San Francisco, Calif.-based Coalition named Dovid Tkatch head of insurance infrastructure and actuarial science, a newly created position. Tkatch will manage pricing, reserving, capital requirements, regulatory compliance, state filings, and interaction with reinsurers. Tkatch has global and domestic insurance and …
Smoke taint has dominated the worries of the California wine industry recent years. With unsettled climate conditions and continued droughts, there is no reason to think that smoke taint will not continue to be a significant concern for the foreseeable …
NEW ORLEANS — A federal appeals court on Saturday temporarily halted the Biden administration’s vaccine requirement for businesses with 100 or more workers. The 5th U.S. Circuit Court of Appeals granted an emergency stay of the requirement by the federal …
Pacific Gas & Electric has reached a $125 million settlement agreement with California regulators over the destructive Kincade fire, which was ignited in 2019 by the utility’s equipment in a remote area of Sonoma County. PG&E shareholders would pay a …
Risk Strategies, a national specialty broker, announced it is expanding into South Carolina with the purchase of Mount Pleasant-based Hibbits Insurance agency. Hibbits, with offices around the state, will become part of Risk Strategies’ national employee benefits practice, the companies …
Hub International, a global insurance brokerage and financial services firm, has acquired Rider Insurance Group, an agency based in Fort Myers, Florida. Rider provides personal lines and commercial insurance, including auto, home, flood, recreational vehicles, life and business products. Rider …
