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iPeople to Offer Merger, Acquisition Services

iPeople LLC will launch a new merger and acquisition service for insurance agencies, brokerage firms and managing general agents throughout the United States. iPeople, a Washington, D.C.-based insurance consulting firm, will now assist firms with any details when considering buying, …

SeaBright Insurance Appoints Maw Senior VP, Chief Financial Officer

Seattle-based SeaBright Insurance Holdings Inc. has appointed Scott H. Maw senior vice president and chief financial officer. Maw has knowledge of finance, accounting and insurance. He also has experience with publicly traded companies and the investor community. He has spent …

Humphrey Joins Lockton’s International Practice Unit in Chicago

Lisa Humphrey has joined Lockton Companies as vice president in Lockton’s international practice at its Chicago office. Prior to joining Lockton, Humphrey spent nine years as an account executive for Aon both in the U.S. and London where she worked …

Northern Calif. Earthquake Damage Predicted to Be Less Than $10M

Damage and loss from yesterday’s magnitude 5.9 earthquake that struck offshore Northern California are expected to be less than $10 million, with insured losses a fraction of that, a risk modeling firm has reported. The moderate quake struck at 12:20 …

Blue Cross Competitor Sanford Gets OK to Sell Insurance in ND

North Dakota regulators have given approval to Sanford Health Plan to sell health insurance in the state, likely setting up competition with the company that has dominated the North Dakota market for decades but has drawn recent criticism for its …

Gray-Stone & Co. Adds New Commercial Package Policy

Thousand Oaks, Calif.-based Gray-Stone & Co. is offering a new commercial package policy for California. Written on admitted paper, the carrier is rated “A-” XI by A.M. Best. The commercial package policy includes property, business owners policy (BOP) and general …

Insurers Decry Overturn of Illinois Med-Mal Caps; Attorneys Praise Ruling

The American Bar Association says the Illinois Supreme Court was right in striking down as unconstitutional the caps on non-economic damage awards in medical malpractice cases. Insurer groups, however, say the decision will add to rising health care costs and …

Bills to Raise Virginia Speed Limits Pass

Virginia lawmakers have passed bills that would boost the top speed limit in the state from 65 mph to 70. In the Senate, the bill passed on a 29-10 vote. Democratic Senator Creigh (Cree) Deeds of Bath County said the …

Klinedinst Joins Cincinnati’s R. G. McGraw Insurance Agency

Tom Klinedinst III has joined Cincinnati, Ohio-based R. G. McGraw Insurance Agency as marketing and production manager for commercial lines. Klinedinst brings 21 years of experience in commercial lines insurance and specializes in analyzing, designing, implementing and managing insurance and …

Western Security Surplus Insurance Promotes 3 in Brokerage Unit

California-based Western Security Surplus Insurance Brokers (WSS) has announced changes in the personnel for the WSS Brokerage Division. In the Pasadena, Calif., office, Philip Tiomico, who has been with WSS since 2008, was promoted to broker. He will be working …

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