The former CEO of a now-defunct insurance agency in New Jersey has been indicted for stealing over $300,000 in commercial insurance premiums. Richard Pisacane, former head of Bayonne-based Northern Financial Group, has been charged with theft and misapplication of entrusted …
Washington D.C.-based specialty insurance brokerage Ames & Gough has appointed Tom Marchetti as a client executive. Marchetti is responsible for providing service to existing clients and developing new relationships in the Washington, D.C., metropolitan area, as well as other regions …
PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/casualty insurance coverage on high value homes in Rhode Island. PURE will also offer automobile, jewelry, art, personal liability and watercraft insurance …
Agents Balk at Plan, But Consumer Advocates Say New Rule Doesn’t Go Far Enough New York insurance regulators have recently unveiled new regulations that will require agents to reveal to their clients how much money they get paid. The proposal, …
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement …
K. Patrick Armstrong has joined the executive team at New York-based ReSource Pro as a business process consultant. Armstrong will work with insurance agencies, brokers, MGAs and carriers to implement insurance process outsourcing. Patrick joins ReSource Pro with 20 years …
Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement …
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement calls …
Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …
