The Princeton NJ-based Catastrophe Risk Exchange (CATEX) and London-based TriSystems, both providers of technology platform and services to the global insurance and reinsurance industries, announced a strategic partnership “to deliver a full end-to-end solution for bordereau formatting, processing and reporting. …
Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc. from quickly reporting “hot news” about their analysts’ research. The ruling by the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective Insurance Group and its seven P/C pooling members. Best also affirmed the ICR of “a-” and debt ratings …
New Jersey-based NIA Group, part of Marsh Agency, has hired three new insurance producers in its Mount Laurel, Paramus and Somerset offices. Derek Kimmel, who joins the Mount Laurel office, has broad experience in employee benefits and property and casualty …
John M. Glover Agency has acquired APS San Angelo Insurance Agency based in Waterbury, Connecticut. Terms of the deal were not released. APS San Angelo has been doing business in the Waterbury area for over 50 years. John Forlivio, president …
Chartis has expanded access of the advanced disaster preparedness and post-hurricane resources of its Private Client Group’s Hurricane Protection Unit to homeowners in the Massachusetts counties of Barnstable, Dukes and Nantucket. Private Client Group’s Hurricane Protection Unit assists policyholders with …
While slugglish agency salary growth has employees singing the blues, some agency management consultants believe employee satisfaction can be kept up even in tough times. One way agency owners can keep their employees happy in today’s challenging climate is by …
Democrats in the U.S. Senate are considering pushing legislation that would place no limits on the liability oil industry companies would face if they are responsible for oil spills, New Jersey Senator Robert Menendez said Tuesday. “We will be discussing …
Stagnant and declining agency salaries have many agency employees singing the blues, and most agents don’t expect things to change, at least not anytime soon. While independent agency salaries maintained or decreased slightly in 2009, employee morale seems to be …
$2.25 Million Settlement reached between the City of Camden, N.J. and the families of three boys, aged 5 to 11, who died in the trunk of a parked car as police searched for them in 2005. Police scoured Camden after …
