Raleigh, N.C.-based BB&T Insurance Services, the insurance subsidiary of BB&T Corp. of Winston-Salem, announced plans to purchase Tallahassee, Fla. agency Landrum-Yaeger & Associates Inc. The purchase represents BB&T Insurance’s first foray into Florida. Parent company BB&T Corp. recently purchased Tallahassee-based …
Wachovia Corporation of Charlotte, N.C. announced it has completed the acquisition of certain assets of managing general agency E-Risk Services LLC, based in Flanders, N.J. E-Risk provides management liability insurance for private company clients through its Business and Management (BAM(R)) …
CompManagement Inc. of Greenwich, Conn. announced it has purchased Dallas-based Barron Risk Management, which provides workers’ compensation claims management, medical cost containment, safety and loss prevention, and auto, casualty and property services in the State of Texas. CompManagement provides workers’ …
Agency Ideas® sales and marketing newsletter headquartered in Cary, N.C. announced the launch of www.producerideas.com, a new Web site dedicated to enhancing the producer management skills of P/C agency principals and supervisors. The site’s Free Ideas Section includes original and …
American Wholesale Insurance Group Inc., a Charlotte, N.C.-based wholesale insurance distribution holding company, announced it has completed the acquisition of Woodus K. Humphrey & Company Inc., of Shreveport, La. Woodus K. Humphrey & Company Inc., is a managing general agency …
Robert Bailey characterizes himself as an “unemployed senior citizen” with some notions about leadership and effective management. The retired CEO of State Auto Insurance Cos., Columbus, Ohio, passed along some homespun and deceptively simple basics of leadership during NAMIC’s General …
CRC Insurance Services Inc., based in Winston-Salem, N.C. and the wholesale insurance subsidiary of Branch Banking and Trust Company, announced plans to buy professional liability specialist Piedmont Brokerage Services LLC of High Point, N.C. Piedmont Brokerage Services will operate from …
The troubles of South Carolina-based Seibels Bruce Group Inc. mounted with the announcement that the company received notice from the Federal Emergency Management Agency (FEMA) that FEMA does not intend to offer Seibels Bruce a Financial Assistance/Subsidy Arrangement with the …
SIAA announced that the Younts Insurance Agency of Lexington, N.C. became the organization’s 1000th Independent Strategic Member when the agency joined the SIA of North Carolina network. Younts Insurance was started in 1997 by Lora Younts and currently writes approximately …
North Carolina-based Wachovia Corporation has reached a definitive agreement to acquire certain assets of E-Risk Services, LLC. Based in New Jersey, E-Risk Services is a Managing General Agency (MGA) providing management liability insurance products for privately held organizations. Insurance coverage …
