Insurance brokerage deals in the second quarter of 2010 barely bested the number of deals during the second quarter of 2009 bringing year-over-year activity slightly ahead of last. Forty-six transactions were announced from April through June compared to 43 transactions …
Is your independent insurance agency or brokerage firm a great place to work? Insurance Journal is once again on the lookout for the best independent insurance agencies and brokerages in the U.S. to work for and we hope you will …
Insurance brokerage and risk management consulting firm Beecher Carlson has appointed Robin Mehta as Executive Managing Director. He joins Beecher Carlson to lead the Bermuda office operations, including its Captive practice. Mehta will “continue to expand the Bermuda brokerage business …
Pacific Pioneer Insurance Group, the parent company of UCA General Insurance and Pacific Excess Insurance, has acquired Priority Insurance Underwriters. Located in Arizona, PIU is a wholesale broker that does business throughout the Western and some Midwest states. This acquisition …
A.M. Best Co. has affirmed Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 2003, which is managed by Catlin Underwriting Agencies Limited (CUAL), a member of the Bermuda-based Catlin Group Limited (CGL). The …
Following the devastating peat land and forest fires in Russia and the resultant smog in Moscow and surrounding regions, Marsh has urged affected and potentially affected organizations to “review their current business continuity plans and insurance provision.” According to Marsh, …
EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has added Jeff Denison, Tim Kane and Catherine Zilliox as broker/consultants in its Irvine office. Denison and Kane’s responsibilities will include all aspects of developing and …
Mountain View, Calif.-based Lawson-Hawks Insurance Associates has added Marti Romaneck as vice president and manager of its Commercial Lines Divisionr. “As we continue to expand both organically with the addition of new brokers and account executives and inorganically with agency …
Managing general underwriter K&K Insurance has hired James Algeo as a sales representative covering the Northeast and Mid-Atlantic states. Algeo joins Indiana-based K&K — part of Aon Corp. — to aid in expanding the firm’s relationships with agencies in the …
A decision by a federal court in Philadelphia has reopened some of the racketeering and antitrust lawsuits that were dismissed three years ago against insurers and brokers who allegedly participated in a bid-rigging scheme with mega-broker Marsh. The lawsuit is …
