January 6, 2009
Connecticut officials have levied a $5.9 million fine against a man who runs businesses paying for hole-in-one prizes on behalf of clients. The state Insurance Department says Kevin Kolenda’s businesses equated to illegally offering insurance without a license. The state …
January 5, 2009
A Connecticut woman has filed a racketeering lawsuit accusing the Roman Catholic Diocese of Norwich of conspiring to cover up sexual abuse of children by priests. The woman is known only as Jane Doe in the lawsuit pending in U.S. …
December 30, 2008
The Connecticut Workers’ Compensation Commission has created a new online service that will allow visitors to check if a business operating in the state has workers’ compensation coverage. The service is called Coverage Verification Service provides information for employers that …
December 29, 2008
The Washington Office of the Insurance Commissioner announced it will holding a hearing at 12 p.m. on Jan. 9, 2009, to discuss the sale of Trinity Universal Insurance Co. to National Merit Insurance Co. According to the OIC, National Merit …
December 29, 2008
A.M. Best Co. has commented that the financial strength rating (FSR) and issuer credit ratings (ICR) of Munich Reinsurance Company and its subsidiaries are unchanged following its agreement to acquire specialty insurer HSB Group, Inc. from the American International Group …
December 29, 2008
Short Hills, New Jersey-based insurance agency Bollinger Inc. has acquired BK International Insurance Brokers of Greenwich, Connecticut. The acquisition is the second this month and the fourth this quarter for Bollinger, which is one of the largest insurance agencies in …
December 23, 2008
Short Hills, New Jersey-based Bollinger Inc., one of the largest insurance agencies in the country, has acquired Allied Insurance Services (AIS). As part of the acquisition, Michael M. Rossi III, principal owner of Vineland-based AIS, joins Bollinger as senior vice …
December 21, 2008
Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix & Associates Buys Katie Freeman Insurance Services Georgia’s Britt/Paulk Insurance …
December 21, 2008
Brown & Brown December: Stewart & Tunno Insurance Agency Inc., Portland, Ore. November: Small Business Unit of Conner Strong, Cherry Hill, N.J.; Agency Associates Inc., Zionsville; Health Insurance Exchange, Seattle, Wash. October: Al Phillips Insurance Agency, Nashville, Tenn. August: Advanced …
December 21, 2008
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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …