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Insurance Brokers and Agents of the West’s (IBA West) education division, Insurance Skills Center (ISC), entered into an agreement with Cheryl L. Koch, president and CEO of Agency Management Resource Group, to manage ISC education and training programs. In her …

Country Sees Growing Power of Hispanic Agents and Customers

Latin Agents Group Launches in New York The growth of the country’s Hispanic population is a hot topic among demographers and marketers – including insurance producers and brokers. As of 2008, the last year for which census data is available, …

As the Wholesale World Turns

E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from launching new wholesale …

Reinsurance Tax Debate over HR 3424 Heats Up at Committee Hearing

Both sides presented their views at a hearing of the House Ways and Means Committee on Wednesday, July 14. Compromise over whether or not to disallow deductions for premiums paid to purchase reinsurance from “affiliated companies,” who are located outside …

Virginia Start-Up Hilb Group Acquires North Carolina, New York Agencies

The Hilb Group, a Virginia insurance brokerage launched in 2009 by the founder of what became one of the world’s largest brokerages along with his son, has added its first two partners as it begins building a mid-market commercial insurance …

Hearing Scheduled Today on HR 3424, Reinsurance Tax Bill

HR 3424 will be the subject of a hearing House by the House Representatives Ways and Means Committee today at 10:00 a.m. The Bill, sponsored by Rep. Richard E. Neal (D-MA), has been the subject of a lengthy debate [See …

Connecticut’s American Heritage Joins SAN Group

American Heritage Financial, an insurance agency in Wallingford, Connecticut, has joined the Satellite Agency Network (SAN) Group Inc., both firms announced. “American Heritage Financial wants to remain an independent agency while representing the buyer in multiple markets,” said agency owner …

Health Insurer to Pay Connecticut $250K for Data Breach

A California-based health insurance company has agreed to pay Connecticut $250,000 for losing a disk drive containing private information of 1.5 million customers, including nearly 450,000 state residents. Attorney General Richard Blumenthal announced that along with the settlement, Health Net …

Latin Insurance Agent Groups Growing, Going Mainstream

A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. LABA is not the first group geared toward insurance agents with …

10 Most, Least Affordable States for Car Insurance