Agents & Brokers News

Allied World U.S. to Enter Long Term Care Facilities Market

Allied World Assurance Co. Holdings, Ltd has announced that beginning with January 1, 2011 effective dates, Allied World Healthcare will be writing long term care facilities in the United States directly and through approved brokers and wholesalers. “Long term care …

Business Moves

Confie Seguros, Cost-U-Less Insurance Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, acquired Cost-U-Less Insurance, a California provider of nonstandard auto insurance with offices located primarily in the northern and central parts of the …

Assemblyman Mike Villines

Republican Mike Villines was elected to the California Assembly in 2004 to represent the counties of Fresno and Madera. He serves on the board of the State Legislative Leaders Foundation, a nonprofit organization that provides educational programs for leaders of …

People

Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join Marsh as managing directors, and Jim Beatty and …

Court: Calif. Surplus Line Insurers Should Not Be Double-Taxed

Surplus line insurers should not be subject to California Constitution Section 28 taxes to the state, according to a California Court of Appeal decision that notes that these nonadmitted insurers already pay surplus line premium taxes. A conflict arose when …

Energy Insurance Market to Remain Flat or Decline over Next Year

“A poll of delegates at Aon’s 10th Middle East Energy Conference found that 41 percent expect premium prices in the energy insurance market to remain flat for the next 12 months,” said an announcement from the broker. “A further 37 …

New York Agents Group Praises Coastal Reform Plan

A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY) called the proposed reforms …

Commercial Lines Leaders

About the Commercial Lines Leaders: The 2010 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Indepdendent Agencies as reported in August. This list utilizes only the 2009 commercial lines numbers of the privately …

Hub Acquires Burnham

Chicago-based broker Hub International has acquired Burnham and Company Inc., of New Jersey. Terms of the deal were not disclosed. Burnham, based in Englewood Cliffs, has approximately $4 million in annual revenue. It will become part of Hub International Northeast …

Business Moves

Brown & Brown, Martin Benefits Insurance broker Brown & Brown Inc. has acquired New York-based Martin Benefits Consulting and Martin Human Resources. Terms of the deal were not disclosed. The businesses – which have combined annual revenues of approximately $3 …