The Main Street America Group, based in Jacksonville, Fla., announced that Indiana-domiciled Grain Dealers Mutual Insurance Company has been cleared to become an affiliate of the Jacksonville, Fla.-based super regional property-casualty insurance carrier. The deal has been approved by the …
Virginia regulators are seeking to suspend the nation’s oldest black-owned insurer from doing business in the state, saying its finances are in hazardous condition. The Virginia State Corporation Commission said that the North Carolina Mutual Life Insurance’s surplus dropped by …
Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …
International insurance broker Arthur J. Gallagher & Co. reported it has acquired Shuford Insurance Agency, Inc. in Concord, North Carolina. Terms of the transaction were not disclosed. Founded in 1938, Shuford Insurance Agency, Inc. is an independent insurance agency offering …
North Carolina Insurance Commissioner Wayne Goodwin announced the appointment of five new members to the N.C. Joint Underwriting Association and the N.C. Insurance Underwriting Association, better known as the FAIR and Beach plans, respectively. The commissioner is responsible for naming …
It was a desperate, ultimately futile battle — machine against nature — and Ocean City kept it up long after the outcome had been decided. As wave after wave pummeled the beachfront during last week’s powerful nor’easter, more and more …
Liberty Mutual Agency Markets has appointed Carol Sipe as president and chief executive officer of Summit, which provides monoline workers’ compensation coverage in 10 southeastern states. Sipe succeeds Rick T. Hodges, who has led Summit since 1999. Hodges will retire …
Heavy Equipment Theft Now Estimated To Be A Sophisticated $600 Million Business On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down Highway 74 in …
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
The following list is taken from the Insurance Journal Top 100 P/C/ Independent Insurance Agencies report published in Insurance Journal on Aug. 3. These agencies represent the leaders in total personal lines premium volume among the overall Top 100, which …
