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World Insurance Associates Acquires New York’s J & S Risk Planning Group

World Insurance Associates LLC (WIA) acquired J & S Risk Planning Group LLC of Wantagh, N.Y., on November 1, 2019. Terms of the transaction were not disclosed. Founded in 2009, J & S Risk Planning Group LLC provides insurance services …

Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers

Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January 1, 2020. Brown & Brown said the acquisition …

Gold 2019 Best Agency to Work For – East: Ironside Insurance Group

Founded in 2012 in downtown Boston’s financial district, Ironside Insurance Group has been on the scene as an independent agency for just seven years, but it has seen consistent growth by embracing change and taking a modern approach to its …

Chubb Becomes First P/C Insurer to Invest in African Trade Insurance Agency

Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global property/casualty insurance company to become a shareholder in the African multilateral political risk and credit insurer. ATI supports trade and …

Victor Launches Lloyd’s Syndicate 2288; Frances Named Active Underwriter

Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence underwriting effective January 1, 2020 with stamp capacity of £57m, supporting a business plan of $100m USD. Victor Syndicate 2288 …

Gold 2019 Best Agency to Work For – South Central: Hotchkiss Insurance

The Hotchkiss Way Excellent client service, emphasis on fundamentals, culture of giving back, focus on employee well-being, sound financial management, and a bright prospect for the future. Those are just a few of the many positives the employees of Texas-based …

Gold 2019 Best Agency to Work For – Midwest: The Bulow Group

The Bulow Group (TBG) in Tinley Park, Illinois, has a motto: “When other agencies are all going in the same direction, we choose to go in a different direction.” To Mike Bulow, who with his brother, Tom Bulow, owns TBG, …

Ohio’s DSW Shoe Warehouse to Pay $40K to Settle Race Discrimination Lawsuit

Columbus, Ohio-based national shoe retailer, DSW Shoe Warehouse Inc., will pay $40,000 and furnish equitable relief throughout the stores in its Midwest Great Lakes Region (including Michigan and Ohio) to resolve a race discrimination lawsuit filed by the U.S. Equal …

Credit Ratings of Illinois’ National Fire and Casualty Downgraded

AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of National Fire and Casualty Co. (NFC), based in Chicago. The outlook of these ratings remains …

Georgia Cemetery Workers Accused of Stealing, Selling Memorials

Two Georgia cemetery employees have been charged with stealing dozens of bronze memorial markers and selling them at a recycling center for about $300,000. The Carroll County Sheriff’s Office responded to complaints that markers were disappearing from Meadowbrook Memory Gardens …

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