Specialty insurance brokers Alliant Insurance Services has acquired New York city-based T&H Group for an undisclosed sum. T&H Group, which operated as Tanenbaum-Harber Co. until changing its name last year, was established in 1860 and primarily targets upper middle market …
Kevin O’Brien has been named president and chief executive officer of the Inland Marine Underwriters Association (IMUA). O’Brien joins the IMUA from Maran Corporate Risk Associates Inc., of Southampton, N.Y., where he served as sales manager. He has also held …
Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …
Insurance services company Fortegra Financial Corp. has acquired Auto Knight Motor Club Inc., a Palm Springs, Calif., company that provides motor club membership, vehicle service plans and tire and wheel programs. Jacksonville, Fla.-based Fortegra said the acquisition will broaden its …
Marsh & McLennan Agency LLC reports it has acquired Strategic Benefit Solutions, Inc. (SBS), a $4 million benefits brokerage and consulting firm based in Alpharetta, Georgia. Terms of the transaction were not disclosed. SBS will operate within the Rutherfoord division …
Fort Worth, Texas-based Hallmark Financial Services Inc. says it has completed the previously disclosed acquisition of State Auto National Insurance Co. State Auto National is an Ohio domiciled insurance company which annually writes approximately $37 million in non-standard personal automobile …
Chicago-based Hub International Ltd. (Hub), an insurance brokerage firm, has announced several acquisitions. It has acquired the shares of Hall-Conway-Jackson Inc. and the assets of Cascade Insurance Group Inc., Bothell, Washington-based insurance brokerage and employee benefit firms, respectively. Terms of …
OneBeacon Insurance Group has introduced OneBeacon Entertainment as the trade name for its entertainment, sports and leisure business. OneBeacon Entertainment also encompasses Entertainment Brokers International Insurance Services (“EBI”), a managing general agency that OneBeacon acquired in July 2008. The overall …
InVEST, the insurance industry program that brings insurance education to classrooms, has appointed Peter Miller and Loren P. Shoemaker to its national board. Miller is president and CEO of The Institutes and Shoemaker is senior vice president and chief operating …
California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take effect June 27, 2011. The Standards and Training for Estimating Replacement Value …
