Got Innovation? Submit Your Idea to the Entrepreneurial Insurance Awards
Innovators get ready. MarketScout has begun its first-ever search for the most creative new product, underwriting application, or tool that helps distribute insurance in a more innovative fashion. With support from Microsoft and The National Alliance for Insurance Education and …
Webb Joins Austin-Based Watkins Insurance Group
Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in Central Texas, has added agent Andy Webb to its sales team. Webb began his career in the insurance industry in March 2002 and now brings a …
Propel Insurance Acquires Cascade Risk Placement
Building on its history of providing coverage to builders and developers, independent insurance brokerage Propel Insurance announced it is expanding its real estate expertise by acquiring Cascade Risk Placement Inc. and Encore & Company Insurance. Staff from both Cascade and …
InVEST Names Three New Board Members
InVEST, an insurance industry classroom to career education program founded by the Independent Insurance Agents & Brokers of America (the Big “I”), named three new members to its national board: Joey O’Connor, vice president of Insurance Underwriters Ltd.; Richard E. …
Hub Acquires Nevada, Florida Agencies
Hub International Limited (Hub) has acquired two insurance agencies in the Nevada and Florida. Hub acquired the assets of McFadden Insurance Agency Inc. (McFadden), a Las Vegas–based firm. Terms of the acquisition were not disclosed. The McFadden team will become …
Financial Reforms Will Help Curb Systemic Risk, Regulators Tell Panel
New powers from the financial reform law will help avoid a repeat of 2008’s frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers, U.S. regulators said Wednesday. A commission investigating the causes of the financial …
The Woodlands Financial Group Adds 3 New Texas Locations
The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, has opened three new branch locations in Texas. Darrell Barfield and Tom Sowell have opened a new branch location …
Trident Insurance Launches Program for Community Associations
Trident Insurance Services, LLC, an MGA wholesaler and a member of Alteris Group, has introduced its Trident Community Association Program (TCAP) for condominium, town home and single-family community associations. Coverage includes: Property coverage that aligns with community association agreements. Hired/non-owned …
U.S. Risk Acquires Workers’ Compensation Wholesaler Unisource
Specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has taken over Florida-located Unisource Program Administrators, a wholesaler of workers’ compensation, for an undisclosed sum. The deal will enable the Dallas-based U.S. Risk to double its workers’ …
