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Clark Insurance Adds 2 to Business Insurance Department in Maine

Clark Insurance hired Zachary Henry and Andrew Shaw for the firm’s Business Insurance Department in the Portland, Maine, office. Both will serve as associate account managers until they earn their property/casualty insurance licenses. Once they become licensed, they will serve …

Former Mass. Brokerage Owner Pleads Guilty to Stealing $10M From Aetna

A former insurance brokerage owner has pleaded guilty on June 2 in federal court in Hartford, Connecticut, to wire fraud and money laundering charges stemming from her theft of more than $10 million from Hartford-based Aetna. According to the announcement …

Prosecutor: Pennsylvania Nurse on Disability Taught Fitness Class

Authorities say a Delaware County, Pennsylvania, nurse who said she was too injured to work was well enough to work 84 times as a fitness instructor. The Delaware County District Attorney’s office has charged 36-year-old Jamie Scott of Ridley Township …

ITC Acquires Rater Multico-Online in Washington

Insurance Technologies Corp., a provider of marketing, rating and management software and services, has acquired Multico-Online from Multico Rating Systems Inc., a large Seattle, Wash.-based comparative rating vendor. The move is to expand ITC’s insurance rating and sales system TurboRater, …

Alliant Acquires Mary Roach Insurance Agency in California

Newport Beach, Calif.-based Alliant Insurance Services has acquired Mary Roach Insurance Agency Inc., a provider of crop insurance to the agribusiness community headquarter in Fresno. Mary Roach will be instrumental in building the crop insurance specialty across the Alliant enterprise, …

Alliant Hires Moylan as Managing Director for Construction Services in Md.

Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, hired David C. Moylan for its Construction Services Group as managing director of International Surety. In his new role, Moylan will lead the expansion of Alliant’s international surety …

ISO Drone Insurance Coverage Options Now Available to Insurers

ISO’s new coverage and exclusion options for commercial drones took effect this month in most ISO jurisdictions. The options were designed to provide insurers with tools to help develop insurance programs for businesses that may use drones. The new options, …

Massive Copper Theft in NYC Latest Example of Troubling Trend Nationwide

Longtime New York City subway cops have seen copper thefts before, but last week’s heist on a stretch of open-air tracks was particularly brazen: 500 feet of inch-thick cable stripped from the rails in the middle of the night. The …

Way Named President of Austin Association of Insurance Professionals

Tiffany Way, with All Risks Ltd., has been installed as president of the Austin Association of Insurance Professionals. Other newly installed 2015/16 AAIP officers and directors are: President-Elect Janie Frias, Risk Placement Services Vice President Lauren Pearson, McGowan, Donnelly & …

Universal Property & Casualty Writes 1st Homeowners Policy in Pennsylvania

Universal Insurance Holdings Inc. announced that the Pennsylvania Insurance Department has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), and that UPCIC has subsequently written its first homeowners insurance policy …

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