April 5, 2010
21st Century, HomeWise 21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain policies from HomeWise Preferred Insurance Co. Terms of the transaction …
April 5, 2010
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. Nonprofit Package Market Detail: Pennock Insurance offers a nonprofit organization all-in-one package product. This product …
April 2, 2010
New Jersey-based insurer Selective Insurance Group Inc. says it has begun outsourcing its investment operations to third party managers and as a result, its executive vice president and chief investment officer, Kerry A. Guthrie, has left the company. The company …
April 2, 2010
New Jersey drivers are going to face heavier penalties for ignoring pedestrians in crosswalks. State officials on Wednesday announced toughened laws aimed at pedestrian safety. They say New Jersey’s rate of pedestrian deaths as a percentage of total auto-related deaths …
April 1, 2010
New Jersey-based insurance brokerage Bollinger has acquired John J. Slattery Associates Inc., a provider employee benefit and individual medical products and services to independent brokers throughout the tri-state area. The firm, which will operate as Slattery Associates, was founded in …
March 30, 2010
Tennessee officials are trying to shut down operations of two Robertson County companies accused of defrauding more than 12,000 consumers nationwide who sought affordable health insurance. Some of the $14 million that Springfield-based American Trade Association and Smart Data Solutions …
March 26, 2010
Minnesota ranks the best in the nation in terms of workers’ compensation performance, according to the Encinitas, Calif.-based Work Loss Data Institute (WLDI), which recently released its 2010 State Report Cards for Workers’ Compensation. Using eight years of data from …
March 23, 2010
Specialty insurer Hiscox has appointed Carl Bach as branch manager of the firm’s New York insurance operation. Bach, executive vice president, will oversee the development and management of broker relationships and managing business operations for the New York region, which …
March 22, 2010
New Jersey-based Synergy Professional Associates has hired Thomas Dattoli as manager of its professional liability unit. Dattoli will be responsible for underwriting professional and excess liability for lawyers, and underwriting Synergy’s insurance agents and brokers professional liability program for MGAs …
March 19, 2010
Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer professional liability, directors and officers (D&O) liability, employment practices …