December 14, 2010
ACE has opened larger premises in Watford, England to meet the growing demands and needs of local brokers. The availability of its suite of specialist multi-line products such as ACE Hotel, ACE Retail and ACE Evolve for mid-corporate multinational businesses, …
December 10, 2010
Markel International, the specialty property and casualty insurer, announced that it has strengthened its retail division, Markel (UK) Limited, with two senior appointments. Dave Robson and Graham Morse have been appointed as development underwriters specializing in social welfare. Robson will …
December 10, 2010
Heffernan Insurance Brokers has added Chris Nussbaum and Paul Martinez as assistant vice presidents and employee benefits producers. Nussbaum brings 18 years of experience as an employee benefits professional on both the carrier and brokerage side to his role at …
December 10, 2010
The wholesale brokerage unit of Pat Ryan’s Ryan Specialty Group LLC, has acquired one of the nation’s largest executive and professional liability intermediary specialists. R-T Specialty LLC acquired Bloomfield, Conn.-based Oakbridge Insurance Services LLC, an insurance intermediary focused exclusively on …
December 10, 2010
Merger and acquisition (M&A) activity between July and September was robust making the third quarter the most active with 61 deals versus 36 last year. Deal volume for the first nine months is up 28 percent from the same 2009 …
December 10, 2010
Heffernan Insurance Brokers has added Melodie Hight in its Portland, Ore., office as a producer in Commercial Property and Casualty Insurance. Hight has more than 20 years in commercial property and casualty insurance. She previously worked for Beecher Carlson in …
December 10, 2010
The government has added more charges in the bribery case against a former New Jersey school superintendent and an insurance broker. In a superseding indictment announced this week, Michael Ritacco and Francis Gartland face a combined nine counts of conspiracy …
December 9, 2010
Liberty International Underwriters U.S. (LIU) has launched an Excess and Surplus Lines (E&S) Property product. This product provides wholesale brokers with a new market for their clients’ commercial property business and targets their mid- and large-sized property portfolio risks with …
December 9, 2010
Privately-owned wholesale insurance firms, Brown & Riding of Los Angeles and Alexander, Morford & Woo of Seattle have announced that they will merge their operations as of Dec. 31, 2010. The combined entity will serve retail brokerage clients throughout the …
December 9, 2010
Mercury Insurance announced a $72-million rate reduction for California drivers that includes a rate decrease that could reach up to 10% or more, a new group affiliation discount for university alumni, and the inclusion of 24-hour roadside assistance for auto …