June 23, 2017
United Valley has added Goodwin Insurance Agency Inc. of Redlands, Calif. and RBP Insurance Services Inc. of Valencia, Calif. to its network. Goodwin Insurance, which was founded in 2004 by agency owners Glenn Goodwin, Nick Goodwin and Holly Grimm, provides …
June 23, 2017
One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …
June 23, 2017
A Massachusetts man who worked as a financial manager for a Maine boatyard has admitted to embezzling over $700,000 from the company. The Portland Press Herald reports 50-year-old Steven Nygren, of Salem, Mass., pleaded guilty to bank fraud, credit card …
June 23, 2017
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …
June 23, 2017
JLT Re, the global provider of reinsurance broking and consultancy, has appointed Deanna Williams as a partner in JLT Re’s Bermuda operation. She will report to Charles Withers-Clarke, partner, JLT Re in Bermuda, who said that Williams will focus on …
June 23, 2017
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
June 23, 2017
XL Catlin’s excess and surplus (E&S) insurance team has promoted Caitlin Murphy from senior underwriter to the role of eastern regional vice president of E&S Property. In her new role, Murphy will direct regional underwriting operations and product and business …
June 23, 2017
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
June 23, 2017
Legalizing recreational marijuana use in Colorado, Oregon and Washington has resulted in collision claim frequencies that are about three percent higher overall than would have been expected without legalization, a new insurance report has found. The Highway Loss Data Institute …
June 23, 2017
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …