Georgia Insurance Commissioner Ralph Hudgens has issued an order directing insurers to exercise leniency in dealing with individuals and businesses that may have trouble paying premiums due the winter storms that swept through the state earlier this month. Georgia experienced …
Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …
National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside Atlanta. Holloman most recently held a position as a wholesale …
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Terms of the transaction were not disclosed. Founded in 1986, …
Indianapolis, Ind.-based property loss adjusting and claims management services provider National Catastrophe Adjusters Inc. announced that it has acquired T.M. Mayfield & Co. of North Carolina. The addition of T.M. Mayfield significantly expands NCA Group’s commercial loss adjusting capabilities and …
Marsh & McLennan Agency LLC reports it has acquired Strategic Benefit Solutions, Inc. (SBS), a $4 million benefits brokerage and consulting firm based in Alpharetta, Georgia. Terms of the transaction were not disclosed. SBS will operate within the Rutherfoord division …
Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …
Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by InsuranceJournal.com in 2010. Good luck! 1. …
The Ohio Supreme Court says a university’s insurance coverage extended to a charter bus that crashed, killing five student baseball players and two others. The 5-2 ruling issued Dec. 28 is a victory for families and crash survivors that have …
Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East African Seafarers Assistance Program said on Tuesday. The tanker was seized in May and released on Monday. Here are details …
