March 22, 2011
Euler Hermes, the trade credit insurer of the Allianz Group, and China Pacific Insurance (Group) Co., Ltd. (CPIC Group), one of China’s largest insurers, announced that they “have combined their expertise to help Chinese companies to better manage trade credit …
March 21, 2011
Abram Interstate Insurance, Align General Rocklin, Calif.-based Abram Interstate Insurance Services Inc. purchased an equine and farmowners book of business from Align General Insurance Agency Inc. of San Diego. All servicing of new and renewal business will be handled by …
March 21, 2011
Tower Hill, Royal Palm The sixth largest insurance company writing property coverage in Florida is looking to increase its market share by acquiring the 14 biggest property insurer in the state. Tower Hill Insurance Group has finalized its purchase of …
March 21, 2011
RCM&D, TRION Baltimore-based insurance broker RCM&D acquired the commercial property and casualty insurance division of Philadelphia-based TRION Inc. and has opened a Philadelphia regional office to serve clients throughout southeastern Pennsylvania, New Jersey and Delaware. In connection with the deal, …
March 21, 2011
Maritime General Agency Maritime General Agency combined three niche marine insurance underwriting facilities into Maritime Program Group: Maritime General Agency, Marine MGA and Windward Marine Underwriters. Maritime General Agency and Marine MGA were founded in the 1990s. Windward Marine Underwriters …
March 21, 2011
Advocate Reinsurance Partners Goss Reinsurance Brokers LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, Texas, announced it has changed the company name to Advocate Reinsurance Partners LLC. The name change was brought about because the partners believe Advocate …
March 18, 2011
MDS Holdings, the Iberian and Latin American insurance broking group, announced that it has acquired a “50 percent stake in Coral, the former Portuguese in-house broker of Salvador Caetano Group, the largest automotive business in the Iberian market. Following the …
March 17, 2011
Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability risks. The new product line, which will be led …
March 15, 2011
GeoVera Insurance Co. has launched a residential windstorm-hurricane insurance product in Hawaii. The policy will insure residential properties against the single peril of windstorm during a hurricane. GeoVera is partnering with local independent insurance agents to offer the policy to …
March 14, 2011
Croxton & Roe Insurance of Angola, Ind., has joined the ISU Network. ISU Croxton & Roe Insurance Services was founded in 1934. Currently owned and operated by Chuck Nedele, Jeff Sine and Phil Roe, the three partners bring a total …