expansion News

Orion180: From MGU to Stand-alone HO Insurance Carrier

Florida-based Orion180, known for its heavy use of technology as a managing general underwriter, is officially transitioning to a stand-alone surplus lines property insurance carrier. Orion180 Insurance Co. is domiciled in Indiana and began writing non-admitted homeowners policies in coastal …

BTIS Expands Workers’ Compensation Program Nationwide

Builders & Tradesmen’s Insurance Services, Inc. (BTIS) has expanded its Victory Workers’ Comp program into all U.S. states except for Alaska, North Dakota, Ohio, Washington, and Wyoming. The program offers 10 percent commission, has no membership or broker fees, and …

Uber Expanding Rideshare Service in Chicago

Officials say ridesharing company Uber will create 420 jobs in the next two years in a major expansion of its Chicago regional headquarters. Gov. Pat Quinn joined in the announcement on Sept. 29. The Democrat says his veto action last …

JLT Group Expands U.S. Specialty Reach, Merges JLT Specialty, Lloyd & Partners

Jardine Lloyd Thompson Group plc (JLT) a global providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has expanded its U.S. specialty capabilities and merged JLT Specialty Ltd. and Lloyd & Partners Ltd. to drive a …

QBE North America Launches Management Liability & Professional Lines Coverages

QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions and non-profit businesses. The three products currently available in the …

Dovetail Insurance Expands Workers Comp Product to Five Additional States

Dovetail Insurance, a supplier of cloud-based insurance product delivery services, has expanded its NetComp workers’ compensation insurance to independent agents in Virginia, and will also be adding Pennsylvania, Indiana, Michigan and Connecticut before the end of April. As part of …

State Farm CEO: Headquarters Not Moving from Bloomington

State Farm Insurance Co. CEO Ed Rust Jr. says the company’s plans to expand in Arizona, Texas and Georgia will not affect the company’s headquarters in Bloomington, Ill. According to The Pantagraph in Bloomington Rust told a crowd at Illinois …

Century Risk Advisors Launches Professional Liability Division

Century Risk Advisors (CRA), an independent brokerage and risk management agency, has launched a new Professional Practice Division that will specialize in creating risk management and insurance programs for law firms, accounting firms, and other professional practices. The new division …

ACE Expands M&A Practice, Appoints North America Practice Leader

The ACE Group has expanded its Mergers and Acquisitions (M&A) Practice into a Private Equity Practice concentrating on insurance options for private equity firms, their portfolio companies as well as their M&A transactions. Seth Gillston, based in New York City, …

Small Business Online Insurer AssureStart Now Writing in Maryland, Pennsylvania

AssureStart, a Seattle-based start-up direct company that sells small business insurance on the Internet, has opened for business in Maryland and Pennsylvania. Owned primarily by American Family Insurance, AssureStart opened in Texas in November 2013 and now is in three …