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CIA-Leavitt Acquires Colorado Springs Accounts From Brown and Brown

CIA-Leavitt Insurance Agency has acquired the Colorado Springs, Colo. clients from Brown & Brown Insurance, which closed its local office. This change will not affect current policies, and to help ease the transition Karen Beitz from Brown & Brown has …

Smart Insurance Solutions in Montana Merges With Leavitt Great West

Smart Insurance Solutions in Kalispell, Mont. has merged with Leavitt Great West Insurance Services. Terms of the deal were not disclosed. The merger expands the Leavitt Group’s footprint in Montana. Leavitt Group’s Great West offices were formed when Taylor-Leavitt Insurance …

IA&B Adds to Sales Center Staff in Pennsylvania

Insurance Agents & Brokers (IA&B), a tri-state trade organization based in Mechanicsburg, Pennsylvania, hired John Angstadt as business development specialist and Cheryl Shiffer as professional lines account manager for its Sales Center. Angstadt comes to IA&B with 13 years of …

Lawley Expands Into Connecticut With Merger of DFM Insurance

Lawley Insurance, an independent insurance agency headquartered in Buffalo, New York, will expand into Connecticut through a merger with DFM Insurance Inc. based in Darien, Connecticut. Terms of the transaction were not disclosed. DFM Insurance will formally be known as …

XL Expands German Professional Indemnity Offering With Heienbrok Appointment

XL Group has expanded its professional indemnity offering in the German market with the appointment of Jens Heienbrok as professional indemnity manager. XL Group said it made this strategic appointment because the market for professional indemnity insurance cover in Germany …

Clark Insurance Acquires James L. Cooney Agency in Massachusetts

Clark Insurance, an employee-owned independent insurance agency with offices in Maine and New Hampshire, has acquired the James L. Cooney Insurance Agency of Lowell, Massachusetts. Terms of the transaction were not disclosed. The James L. Cooney Insurance Agency began business …

Florida Governor Eyes Louisiana Official to Replace Insurance Chief McCarty

Florida Governor Rick Scott is looking for a replacement for the state’s top insurance regulator and has already contacted a potential candidate from Louisiana. Scott’s office has confirmed that the governor contacted Ron Henderson, Louisiana deputy insurance commissioner for consumer …

Asia’s Top-Performing Hedge Fund Bullish About China Insurers

Asia’s top-performing hedge fund is holding on to yuan shares of Chinese insurance and utilities companies, even after the Shanghai Composite Index surged 53 percent in 2014. Monetary easing in China will help bolster investment-linked insurance sales and make the …

Blizzard Sweeps Northeast U.S., New York Spared Its Brunt

A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet (60 cm) of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of …

New Jersey Moving to Demolish Hundreds of Sandy-Damaged Homes

New Jersey officials are moving to demolish hundreds of homes that were ravaged by Superstorm Sandy. State Community Affairs Department spokeswoman Tammori Petty tells the Daily Record that the agency is identifying the owners or lien holders of roughly 600 …

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