June 11, 2010
A bid for Lloyd’s of London insurer Brit is unlikely to trigger acquisitions in the battered sector because targets feel they can hold out against lowball private equity bids and trade buyers remain strapped for cash. Shares across the Lloyd’s …
June 10, 2010
The Independent Insurance Agents and Brokers of Oregon (IIABO) is now accepting nominations for the 2010 Accredited Customer Service Representative of the Year award, which recognizes an employee for his or her contributions and commitment to the industry. The award …
June 10, 2010
San Francisco-based Heffernan Insurance Brokers has named Allison Parshall the new manager of InsureMyEquipment.com. This online insurance product is designed to streamline the previously time-consuming, manual process of providing rental insurance to the production industry. Camera operators, lighting stage hands …
June 10, 2010
The Independent Insurance Agents & Brokers of America Big “I” Markets program has formed a partnership with the American Risk Management Resources Network (ARMR), LLC to provide Big “I” members access to the environmental insurance market place plus expertise in …
June 10, 2010
The UK’s Miller Insurance, a specialist independent insurance and reinsurance broker, announced that Nick Drury has joined the company, as a specialist in the placement of corporate multinational accounts. Drury has more than 40 years’ insurance industry experience. He previously …
June 10, 2010
Insurance Commissioner Mike Geeslin will join panelists for a discussion of the implementation of the new Patient Protection and Affordable Care Act at the Independent Insurance Agents of Texas 113th Annual Conference on June 15 at the Omni Hotel in …
June 10, 2010
Home and condominium insurer Olympus Insurance Co., which in April came under scrutiny by Florida insurance regulators, has convinced the regulators that its financial contracts, accounting methods, reinsurance program and claims-paying ability are satisfactory. The state Office of Insurance Regulation …
June 9, 2010
Worldwide Facilities Inc. has hired Esmeralda Temores in the Los Angeles headquarters as vice president- broker, responsible for brokering business and underwriting for all lines. Temores began her insurance career in 2000 at Western Security Surplus in Pasadena, Calif. While …
June 9, 2010
Property repossessed by a financial institution after foreclosure may stay vacant or unfinished for months or years, making it susceptible to various types of damage. According to RealtyTrac, the leading online marketplace of foreclosure properties, more than 932,000 properties received …
June 9, 2010
OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M. Best, “A+” with Fitch and “A” …