May 4, 2009
Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining Travelers, Tracy was the head of …
May 4, 2009
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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …
May 4, 2009
Michigan’s insurance regulator has ordered a Wisconsin-based managing general insurance agency, Vanguard Insurance Placement Inc., to stop doing business in Michigan. According to the Michigan Office of Financial and Insurance Regulation (OFIR), the agency violated the Michigan Insurance Code by …
April 27, 2009
A new report says workplace accident deaths in Michigan have dropped significantly in the past two years. Michigan State University reported that 120 workers died on the job in Michigan in 2007, down from 157 in 2006. The report says …
April 20, 2009
Mike Grushon of Thomas & Grushon Agency in Bellbrook, Ohio, has been honored by the National Association of Professional Insurance Agents (PIA) as its 2009 PIA National Professional Agent of the Year. Grushon was honored for his contribution to the …
April 20, 2009
Barry County Circuit Judge James Fisher issued an injunction April 10 preventing Michigan insurance regulators from challenging insurers’ home and auto insurance rate filings that use credit scoring in determining their premiums. The injunction against the Office of Financial and …
April 20, 2009
480 Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3, 2009, laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said. Nationwide has eliminated about 3,000 …
April 20, 2009
Munich Re German reinsurer Munich Re has successfully concluded the acquisition of specialty insurer HSB Group from American International Group for $739 million. The deal was originally announced last December. The purchase price in cash was financed by Munich Re …
April 20, 2009
Troy, Michigan-based InPro Insurance Group Inc., has hired Gregory V. Grosfield as a commercial insurance producer. Prior to joining InPro Insurance, Grosfield served as an account executive for Baker-Hopp & Yee in Harper Woods, Mich., where he was responsible for …
April 20, 2009
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. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …