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EPB&B in Oregon Partners with ISU Insurance Network

Portland, Ore.-based Elliott, Powell, Baden & Baker has partnered with ISU Insurance Agency Network. EPB&B offers business and personal insurance. San Francisco, Calif.-based ISU Network is a organization with 180 mid-sized agencies in 30 states. Member agencies maintain local ownership.

Zurich’s Bauman Joins XL Catlin to Head Global Programs, Captives

XL Catlin said it is expanding its global insurance programs and captive business with the appointment of Steven Bauman as head of its global programs and captive practice in North America. Bauman will provide technical support across business lines in …

Cyber Security Firms in Spotlight Following WannaCry Attack

For Kris Hagerman, chief executive of UK-based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry “ransomware” attack hobbled some of its hospital customers in Britain’s National Health Service, forcing them to turn away …

Deadly Times Square Attack Highlights NYC Pedestrian Safety

Fears of a terrorist attack prompted officials to ring many of the pedestrian plazas of Times Square with squat steel posts capable of stopping a speeding vehicle. But those barriers only cover so much ground. There were none of them …

IIABNY Installs HF&C’s MacDonald as Chairman of the Board

The Independent Insurance Agent & Broker Association of New York (IIABNY) installed Richard MacDonald as chairman of the board on May 11, 2017. IIABNY exists to fulfill the educational, political, and business interests of more than 1,750 independent agencies and …

MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus

Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report to Gary Corke, CEO, Globe …

A.M. Best Places Ratings of Sompo Japan Canopius Re Under Review

A.M. Best has placed under review with developing implications the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Zurich-based Sompo Japan Canopius Reinsurance AG. The credit rating action follows the successful completion the …

Insured Losses for Europe’s Windstorm Thomas Rise to $279.2M: PERILS

The latest property insured loss estimate for Windstorm Thomas, which on Feb. 23-24 hit the British Isles, the Netherlands, Belgium and Germany, is €249 million (US$279.2 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. …

Pennsylvania’s Lacher & Associates Acquires Brunner Insurance

Lacher & Associates of Souderton, Penn., has acquired Brunner Insurance of Richlandtown, Penn. Founded by Gus Brunner in 1960, Brunner Insurance specializes in providing for the insurance needs of families and businesses. In 1995, Brunner transitioned the agency to Don …

Maine’s Clark Insurance Appoints Ellis and Fifield as Senior Account Executives

Clark Insurance, a Portland, Maine-based independent insurance agency, has appointed Joshua Ellis and Joshua Fifield as senior account executives in the business insurance department of Clark Insurance. Ellis joined Clark in 2009 after serving as a claim adjuster for workers’ …

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