Texas Insurance Wholesalers Wary of Retail Agent Association MGA February 9, 2015 By Stephanie K. Jones In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general...
Brown & Brown Acquires Liberty Insurance Brokers in Philadelphia February 9, 2015 Brown & Brown Inc. announced that its subsidiary Brown & Brown of Pennsylvania LP has acquired certain assets of Liberty...
Connecticut Bills Aim to Ramp Up Texting While Driving Fines February 9, 2015 A Connecticut legislative committee is set to hear public testimony on several bills aimed at combating texting while driving in...
Smith Brothers Insurance Acquires McMahon Co. in Connecticut February 9, 2015 Smith Brothers Insurance LLC, an independent insurance agency based in Glastonbury, Connecticut, has acquired the assets of the McMahon Company...
Former Arrow Trucking CEO Pleads Guilty in Oklahoma to Fraud Charges February 9, 2015 The former CEO of a now-defunct trucking company that left its employees stranded all over the country when it suddenly...
P/C Insurers Expanding Use of Predictive Modeling February 9, 2015 Property /casualty insurance executives believe that predictive modeling has become an essential or very important driver of improved performance over...
In Fire Aftermath, Reforms Push Up Against Industry Norms in N.J. February 9, 2015 By David Porter The fire that destroyed most of a large apartment complex in northern New Jersey last month has prompted talk of...
ACLU Settles Lawsuit Over R.I.’s Uninsured Motorists Database February 9, 2015 The American Civil Liberties Union of Rhode Island has settled a lawsuit with the state Division of Motor Vehicles over...
Starwood Capital to Sell NYC’s Baccarat Hotel to Chinese Insurer for $230M February 9, 2015 By David M. Levitt and Nadja Brandt Barry Sternlicht’s Starwood Capital Group agreed to sell New York’s luxury Baccarat Hotel to an affiliate of China’s Sunshine Insurance...
10 Fingerprints No Longer Collected for Texas Driver’s Licenses February 9, 2015 Under pressure from state lawmakers, the Texas Department of Public Safety will stop collecting electronic images of an applicant’s 10...