News

Bell-Anderson Agency in Washington Acquires Unico

Renton, Wash.-based Bell-Anderson Agency Inc. has acquired Unico Insurance of Woodinville, Wash. The terms of the deal were not disclosed. “Bell-Anderson will continue to pursue acquisition opportunities as they become available to us,” Jim Hunt, president and CEO of Bell-Anderson, …

What Do YOU Want in Agency E&O? Take the Survey Now

Don’t miss your chance to find out what’s been going on with insurance agents’ errors and omissions (E&O) insurance. Insurance Journal’s annual survey solicits the experiences and opinions of property/casualty insurance agents on agency E&O markets, pricing, underwriting, risk management …

Montana Municipal Insurer Pays $500K to Settle Free Speech Claim

The city of Great Falls, Montana, has reached a $500,000 settlement with a Vaughn woman who filed a lawsuit after being escorted out of a 2007 City Commission meeting for exceeding a three-minute comment limit. District Judge Katherine Irigoin of …

Confie Seguros Enters Florida Market, Buys Trustway Agencies

Confie Seguros, a group of insurance agencies targeting Hispanic customers, has acquired the Miami, Florida-based Trustway Insurance Agencies. Founded in 1998, Trustway has 28 locations in the state and additional offices in Georgia and Alabama. Terms were not disclosed. Jeff …

Worldwide Facilities Appointed Nationwide Producer for NutraAdvantage

Worldwide Facilities, Inc. has been appointed the nationwide exclusive producer for General Star’s NutraAdvantage product. The exclusive arrangement includes delegated underwriting authority for Worldwide Facilities, Inc. Created by General Star in November 2007, NutraAdvantage provides specialty liability coverage for the …

Foremost Launches Upgraded Auto Program in Texas

Foremost Insurance Group’s enhanced auto program is now available in Texas. The Foremost program features more competitive rates, new discounts, increased coverage options and improved online processing features. The Foremost Auto program now features the following upgrades: A continuous insurance …

Concordis to Acquire Advance Underwriting Managers

Destin, Fla.-based financial holding company Concordis Group Inc. has agreed to acquire Advance Underwriting Managers. Advance Underwriting Managers will be a wholly owned subsidiary of Concordis Group. AUM is based in Ohio and has a Santa Rosa Beach, Florida location. …

Swiss Re Opens General Aviation Office in New York

Swiss Re Corporate Solutions’ aviation unit is expanding its operations in the North American general aviation (GA) market. It launched a New York-based underwriting team dedicated to developing its GA portfolio across the United States. Swiss Re Corporate Solutions is …

Hartford Is Latest Site of Wall Street Protest

The protest movement that began with anti-corporate greed rallies on Wall Street has made its way to Hartford. The “Occupy Hartford” demonstrators camped out this past weekend at the corner of Broad Street and Farmington Avenue. Several dozen people kicked …

The Hartford Says Its Balance Sheet is Strong

At an investor meeting on Oct. 6, The Hartford Financial Services said the company has “significantly enhanced” its financial risk management and believes its balance sheet is strong. The company also announced it is forecasting $200 catastrophe losses, pre-tax, for …

News Archives by Month