OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement calls …
A California voter initiative that will appear on the June 8, 2010, ballot aimed at rewarding drivers who have had insurance for some time to be eligible for a “persistency discount,” even if they change carriers could result in a …
Salt Lake City-based The Buckner Co. opened a third location in Idaho Falls, Idaho. Douglas Ball, an account executive, will work out of the new office focusing on creating customized, employee benefits packages for Idaho businesses. Ball has been in …
Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
The Independent Insurance Agents of Texas (IIAT) on Feb. 2 presented its 2010 Independent Leadership Award to Joe Straus III, speaker of the Texas House of Representatives. The Independent Leadership Award was presented during IIAT’s Joe Vincent Management Seminar. Straus …
Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates for renters insurance, at …
The private crop insurance industry is blasting a proposed restructuring in the crop insurance program it says would cut $4 billion — or $800 million a year — over the next five years. The proposal by the U.S. Department of …
