Curley Associates, an insurance agency based in Sanford, Maine, has acquired Robert L. Haley Agency Inc. of Gray, Maine. The acquisition was effective October 16, 2020. According to Curley, the Gray location will remain open at this time with key …
A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said. The Oct. 28 attack crippled the …
Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed. Founded in 1995, Premier is a high-net-worth focused life insurance wholesale agency offering primarily permanent and term life insurance, annuities …
Boston Insurance Brokerage LLC (BIB) has hired Alex Gabriel to its Healthcare Professional Team. He will be working to grow business out of Northern Virginia. Gabriel brings with him more than 15 years of experience spanning brokerage and managing general …
It will soon be illegal in Virginia to hold a phone while driving. WAVY-TV reported that the new state law takes effect in January. Authorities say that making the practice illegal and enforceable is an important step toward reducing deaths …
The board of directors for Union Mutual Insurance Company voted at their December meeting to promote Jeff Pryce to the role of vice president of claims. The promotion is effective January 1, 2021. Pryce is based in the company’s Montpelier, …
AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” from “a+” for the members of Concord Group Insurance Companies, which is led by Concord …
An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation. Westchester County District Attorney Anthony A. Scarpino Jr. announced the takedown of Operation Sledgehammer, in which five registered …
DOXA Insurance Holdings, an acquirer of specialty niche-focused insurance distribution companies, has established a strategic relationship with Century Equity Partners, a Boston-based private equity firm, in order to support DOXA’s plans for continued growth. The investment sets the stage for …
MAPFRE Insurance has hired Keith Jensen as senior vice president of Business Development for the company’s Northeast Region. Jensen, who has more than 30 years of experience in the property and casualty insurance industry, will lead business development strategies for …
