November 22, 2023
Homeowners Choice Property & Casualty Insurance Co. recently assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company. The policies assumed amount to approximately $196 million of in-force premium. The insurer said the assumption, which was effective …
November 21, 2023
Justin Ralph estimates he`s made about 200 trips delivering grain from the fields he farms with his brother and uncle this year. They`re accustomed to using their four semi-trucks to take the harvest from a total of about 800 acres …
November 21, 2023
Growing the Business Is a Team Effort When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in …
November 21, 2023
A federal judge has sentenced Ramon Paz of Lakeland, Florida to 33 months in federal prison for conspiracy to commit wire fraud to avoid paying for workers’ compensation insurance. According to the U.S. Attorney’s Office, Middle District of Florida, Paz …
November 21, 2023
Mueller Co., a nationwide manufacturer and seller of gas and water distribution products, and IH Services, Inc., which provides cleaning services in Mueller facilities, has agreed to pay $150,000 and provide other relief to settle allegations of sexual harassment and …
November 21, 2023
Insurance Claims management service Alacrity Solutions Group, has acquired Cross Country Adjusting of Pageland, South Carolina. CCA, founded in 2005, provides residential and commercial property claims adjusting through a national network of adjusters. The transaction with CCA is Alacrity’s fifteenth …
November 20, 2023
AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Co. and its fully reinsured subsidiary, Florida Farm Bureau …
November 20, 2023
Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients. Hackmeier, based in Bay Harbor Islands, near Miami, has been in business since 1978, the companies said in a …
November 20, 2023
McGriff, a Charlotte-based insurance broker and subsidiary of Truist Insurance Holdings, said it has named two people to help lead its risk services division. Brandon McCosh was promoted to be national director, risk control; and Shane Sumrall was named national …
November 20, 2023
Skanska USA, part of one of the world’s largest construction firms, was ordered to pay almost $1.7 million to a Florida oyster farmer, three years after the firm’s barges broke loose in Hurricane Sally. The state-court jury verdict last week …