Agents & Brokers News

Breckenridge IS Acquires Georgia’s Overby-Seawell

Breckenridge IS, Inc., a specialty underwriter and program management company based in Cleveland, has acquired Overby-Seawell Co., a Kennesaw, Georgia-based specialty financial services insurance broker to lenders. Breckenridge IS oversees specialty wholesale insurance brokerage, managing general agencies and underwriting and …

Lloyd’s Launches ‘Science of Risk’ Prize Competition

Lloyd’s has announced its first ever Science of Risk prize. The initiative, aimed at “risk-related research from PhD students or Post-Doctoral research staff,” is focused on studies in the following categories: — Natural hazards — Climate change — Technological risks …

Abram Interstate Receives Marketing Award

The American Association of Managing General Agents (AAMGA) has awarded Abram Interstate Insurance Services Inc. located in Rocklin, Calif., with 2010 Advertising, Marketing and Community Service Awards. Abram Interstate was chosen for second place in the Print Advertising category and …

Alteris Launches Residential Lease Guarantee Program with Insurent

Alteris Inc., a provider for the managing general agency community, has partnered with Insurent Agency Corp. to provide an insurance program focused exclusively on guaranteeing residential leases. Established in 2008, the Insurent Lease Guaranty Program offers financial guarantees to landlords …

Willis Programs, Krause and Butt Launch RecycleGuard in Ontario

Willis Programs of New Hampshire, Inc., a unit of Willis Group Holdings, announced that it has signed an agreement with Krause and Butt Insurance Brokers Limited of Barrie, Ontario, Canada to offer the RecycleGuard program exclusively in Ontario. Willis described …

Ryan Joins Hylant Group’s Employee Benefits Division in Chicago

Privately owned insurance brokerage, Hylant Group, has hired employee benefits industry expert Gates Ryan as client executive in its Chicago office. In this role, he will provide strategic consultation regarding all aspects of health and wellness benefits for individuals and …

Texas Association Honors Outstanding Insurance Agents

Corpus Christi, Texas independent insurance agent Wallace C. (Wally) Goodman has won the Independent Insurance Agents of Texas’ Drex Foreman Award, and Landon Ogilvie, partner at Gans & Smith Agency in Longview, has been honored with the IIAT’s André P. …

EPIC Adds Merget, Ryan to Petaluma Staff

EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has added Bill Merget and Mike Ryan as principals in the firm’s newest branch office in Petaluma, Calif. The pair bring to EPIC a combined 35 …

House Passes Flood Insurance Extension; Senate Must Still Vote

The House of Representatives has passed another temporary extension of the National Flood Insurance Program until Sept. 30, 2010. The program has been suspended from issuing new policies since May 31. Reauthorization provisions have been embedded in controversial legislation on …

Knauf, Plaintiffs Agree to Settlements in Chinese Drywall Cases

A couple of cases related to damages caused by defective Chinese-manufactured drywall have reached settlement in the U.S. District Court, Eastern District of Louisiana. According to a court document signed by Judge Eldon E. Fallon, defendant Knauf Plasterboard Co. (Tianjin) …