Italy’s biggest insurer, Generali, kept its guidance unchanged on Thursday after posting a 9.9 percent drop in nine-month profits due to a loss on the sale of its Dutch business. Profits for the period totalled 1.463 billion euros ($1.7 billion), …
InsuranceHub (formerly Lloyd Pro Group Agency) has expanded its Transportation Division to also cover long haul trucking, dump trucks and more. The division launched in 2016 with a focus on tow trucks. Some of the products and services the new …
LP Insurance Services Inc. has named John Bolce regional manager of the Las Vegas, Nev. office. Bolce now oversees the sales team, productivity, development and growth of the Las Vegas, Phoenix and Sacramento locations. Bolce is a member of the …
Nearly two dozen Wisconsin counties say in a federal lawsuit that “nefarious and deceptive” marketing campaigns from pharmaceutical companies are responsible for the nation’s opioid overdose epidemic. The lawsuit filed Nov. 7 says local governments’ health and law enforcement services …
Alliant Employee Benefits, a division of Newport Beach, Calif.-based Alliant Insurance Services, has tapped Dallas-based Alan Dale to add additional strength to its life and disability practice. As first vice president, Dale will play a lead consulting role within the …
ISMIE Mutual Insurance Co. and ISMIE Indemnity plan to expand their medical professional liability coverage for health professionals, groups and health care facilities in Wisconsin. With a recently updated state rate filing, Wisconsin health professionals, groups and facilities will have …
Hurricane Harvey caused more than $200 million in crop and livestock losses, according to Texas A&M AgriLife Extension Service. Hurricane losses by agricultural commodity include: livestock – $93 million; cotton – $100 million; rice and soybeans – $8 million. Livestock …
For Hannover Re, the world’s third-biggest reinsurer, it’s time to take profits in the stock market. The German company said on Wednesday that it sold its entire stock portfolio, worth about 953 million euros ($1.1 billion), to help pay for …
A new Arkansas-based surplus lines insurer has been approved to do business in the state, according to the Arkansas Insurance Department. Vault E&S Insurance Company has been granted authority to sell property, casualty (excluding workers’ compensation), and marine insurance products …
Indianapolis-based MJ Insurance has appointed Chris Novotney director of business development in the Personal Insurance department. Novotney will be responsible for developing strategic sales and marketing initiatives in the newly-created role at MJ Insurance. Bringing more than 10 years of …
