Charlotte, N.C.-based national wholesale insurance broker AmWINS Group, Inc. has named Ben Francavilla its director of Program Development. In this role, Francavilla will be responsible for driving the overall marketing strategy for the company’s underwriting division. The underwriting division is …
Mid-year earnings from bank insurance brokerage hit their highest level ever in the first half of 2008. Bank insurance brokerage earnings in the first six months of 2008 were $2.12 billion, up 6.4 percent from $1.99 billion in the first …
San Diego-based BB&T Insurance Services of California Inc. announced it has named Jim Bayne as area president of its BB&T/John Burnham insurance brokerage. Prior to joining Burnham, Bayne served as area president and branch manager of Arthur J. Gallagher Company’s …
Workers’ compensation insurance rates will be dropping in North Carolina next year, for the first time in five years. The News & Observer of Raleigh reported Sept. 10 the North Carolina Rate Bureau has requested an average drop of 4.4 …
Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …
North Carolina Insurance Commissioner Jim Long signed an order requiring a 16.1 percent reduction in private passenger auto rates and a 11.7 percent reduction in motorcycle liability rates. The decreases will become effective Jan. 1, 2009, according to Long. “After …
North Carolina-based wholesale insurance broker AmWINS Group Inc. has formed an energy practice within its brokerage division. The energy practice, based in the company’s Houston office, will be led by Pascal Ray and Maryanne Maniaci, who recently joined the firm. …
Itasca, Illinois-based Associated Risk Managers is implementing expansion efforts across the Southeast, beginning with Florida. According to ARM Chairman, Larry McSpadden, ARM members Lewis Maddux and Danny Gleason teamed to promote and expand the Florida ARM membership. With extensive property …
Wells Fargo Insurance Services Inc., a bank-owned insurance brokerage and a subsidiary of Wells Fargo & Co., acquired the assets of Greensboro, North Carolina’s Professional Benefits Associates LLC. Professional Benefits Associates provides individual, fully insured and self insured group benefit …
The North Carolina Legislature mandated a committee to study the North Carolina Insurance Underwriting Association’s (Beach Plan) ability to respond financially to a significant hurricane landfall. State Rep. Bruce Goforth, D-Asheville, co-chair of the House Insurance Committee, said the committee …
