A.M. Best Co. has commented that the issuer credit rating (ICR) and debt ratings of Tower Group, Inc. (TWGP), as well as the financial strength rating and ICRs of its insurance subsidiaries are unchanged. Best made the announcement following TWGP’s …
USI, Kelly Insurance USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not disclosed. Kelly Insurance Brokerage offers a wide …
Heffernan, VentureLoop Walnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer organization that provides payroll, benefits and human resources specifically for startups and venture-backed companies. The service is designed to assist the …
Digital Insurance, SEBS of the Midwest Benefits-only agency, Digital Insurance, has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors (DBA), a division of Digital Insurance. Dean Haage, principal, …
Keystone; Burch, Worth, Zorn Keystone Insurers Group has added three agency partners in Georgia, bringing its total in the state to five. They newest partners are Burch Insurance Agency of Hiawassee; Worth Insurance Agency of Sylvester, and Zorn & Son …
The Netherlands-based group ING, which has been forced to sell assets in return for receiving state aid during the financial crisis, said it is considering the sale of its UK and Canadian online banking units, estimated to be worth about …
American International Group announced that its life and retirement business, SunAmerica Financial Group, Inc., has signed a definitive agreement with The Hartford Financial Services Group Inc. to acquire Woodbury Financial Services, Inc., an independent broker-dealer. Once the transaction is finalized, …
Willis Group Holdings announced the imminent opening of new Superyacht insurance brokerage office at the prestigious MB92 shipyard in Barcelona, planned for September. In connection with the new facility Willis said it “is offering all visitors a free analysis of …
Willis International, the broker’s’ retail division, announced that in “recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations, it has created three regional business units under new and expanded leadership.” Willis Asia …
Agents Alliance Services James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson Insurance …
