A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general said. Insurance broker Francis X. Gartland, …
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed over the last couple years as the economy has forced the closure of many …
Bowring Marsh, the Specialist International Placement Broker at Marsh, has expanded its footprint in Asia with the opening in Hong Kong of its ninth office, specializing in property, earthquake, business interruption and casualty risks. The Hong Kong office “provides greater …
The St. Louis, Mo., office of privately owned independent insurance brokerage, Lockton, announced that Robert W. (Bob) Reiff is the office’s new chief operating officer. As COO, Reiff will be responsible for the overall operations of Lockton St. Louis, including …
New Jersey-based insurance broker Bollinger Inc. has acquired David Szerlip Associates of Berkeley Heights, New Jersey, a specialist in insurance programs for nonprofits. The firm’s clients ranged from large, international nonprofits to small start-ups. David Szerlip will continue with Bollinger …
Bolton & Co., and employee-owned insurance broker, announced that Esther Ceballos has joined the firm as assistant vice president in the OneSource Division. Ceballos started her insurance career in 1993 and prior to joining Bolton, She worked with a large …
Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In a …
President Barack Obama on Wednesday signed a sweeping overhaul of the financial regulatory system. The “Dodd-Frank Wall Street Reform and Consumer Protection Act,” drafted in response to the recent financial crisis, makes significant changes to financial services regulation. The 2,300-page …
V3 Insurance Partners LLC, a specialty multi-line managing general underwriter, has introduced a multi-line insurance program for auto, truck and RV dealerships, wholesalers and auto auctions. Called DealerV3antage, the program is designed specifically for small to mid-sized, rural and suburban, …
Simon Bancroft has joined Southwest Risk as senior vice president and property manager. Southwest Risk is a member company of Southwest Insurance Partners and operates offices in Dallas and Houston. As property manager, Bancroft is responsible for the growth of …
