February 21, 2010
Most enter the insurance business by accident but for young independent insurance agents, the decision to stick with insurance as a permanent career is a matter of choice. A healthy 84 percent of young insurance agents say they consider insurance …
February 21, 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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
February 19, 2010
Specialty insurer Torus has appointed Alex Maza to oversee its U.S. Management Liability platform. Maza, who is based in New Jersey, will focus on building Torus’ offerings — which include D&O, Employment Practices, Fiduciary and Fidelity Liability products — for …
February 17, 2010
New Jersey-based insurance wholesaler Crump Group Inc. has named Scot H. Parnell executive vice president and chief financial officer. Parnell joins CGI from The Student Loan Corp., where he most recently served as chief financial officer. Parnell rose through a …
February 10, 2010
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
February 8, 2010
New Jersey-based insurance brokerage The McIntyre Group has named Rick Killmeyer as marketing executive. He formerly served as sales manager of PC Helps Support in Bala Cynwyd, Pennsylvania, where he oversaw an eight-person sales team. Prior to then, Killmeyer held …
February 8, 2010
Maryland, Virginia and Washington D.C. were particularly battered by a weekend snowstorm that caused massive power outages and resulted in moderate structural damage to areas in the region. At least two deaths were reported, and now the insurance industry is …
February 7, 2010
4.2 Million Number of vehicles recalled worldwide by Toyota Motor Corp., prompted by sticky gas pedals, a problem the automaker says is rare and caused by condensation that builds up in the gas pedal assembly. The problem, first announced in …
February 7, 2010
ProBuilders The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and non-renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief financial officer for NationsBuilder Insurance …
February 7, 2010
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …