M.J. Hall and Co. Inc. has opened an office in Fresno, California. This addition of the office will better serve pre-existing producers in Fresno as well as grow M.J. Hall’s production in the excess and surplus lines market in central …
Signature Insurance Group of Laguna Niguel, Calif., announced that Jim Brakke co-founder of Brakke-Schafnitz Insurance Brokers Inc., is retiring after 40 years of service. Brakke stated, “I am looking forward to retirement and spending time with family and pursuing other …
CNA Financial Corp. said it is taking over the underwriting and administration of the existing Not-for-Profit Directors & Officers (D&O) program formerly managed by Victor O. Schinnerer & Co. starting today. In January, CNA and Victor O. Schinnerer & Co., …
Hawaii’s 2010 Legislature has passed a bill, HB 1985, that will double all insurance licensing fees in Hawaii effective July 1, 2010, to June 30, 2014, including issuance, service, and renewal fees for insurers, producers, adjusters, surplus lines brokers, service …
Reinsurance pricing at the June 1, 2010 Florida renewal are down by 10 percent to 12 percent on average, on a year-over-year risk adjusted basis. That’s according to reinsurance intermediary Guy Carpenter & Co., which says the decline reflects a …
The National Flood Insurance Program (NFIP), which expired at midnight on May 31, is not expected to be able to issue new policies for a week or longer. As reported by Insurance Journal last Friday, Congress left town for the …
Canada said Thursday it was cracking down on banks that market “unauthorized insurance” on their websites, spelling out new rules designed to keep the realms of banking and insurance separate. Canada’s banking laws have long forbidden banks from selling insurance …
A new nonprofit insurance producer association has formed in California. The Insurance Agents & Brokers Association of California said it is unlike any producer association in the state as it will be completely managed by fellow agents and brokers. The …
Ag States Group, the insurance subsidiary of CHS Inc., a Fortune 100 energy, grains and foods company, has been honored as Agency of the Year by the Minnesota Independent Insurance Agents and Brokers (MIIAB) association. In the presentation of the …
A chorus of opposition is growing against Prudential Plc’s bold $35.5 billion takeover of American International Assurance (AIA), with analysts from Singapore to London flagging risks to the deal just weeks ahead of the critical shareholder vote. Many analysts have …
