A Georgia association of builders and the insurer that has offered workers’ compensation and general liability insurance exclusively to its members are at odds over the insurer’s attempt to end its exclusive arrangement and affiliate with another association. That move …
Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. In his new role as regional president, Meholic will be accountable for the direction, management and performance of the Richmond region, which encompasses …
Tokio Marine, Philadelphia Insurance Japan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty insurance to targeted markets. The total transaction value is approximately $4.7 billion. It is …
Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th Annual Mid-Year Property and Casualty Symposium on July 17 in Austin. Reynolds …
Paid Time Off, Office Space Equality, Free Fridays and Wellness Programs Help Keep Agency Employees Happy At any gathering of insurance professionals in the country — at any time, anywhere — a common refrain of agents and company representatives alike …
Rising Costs, Soft Market Cause Agents to Consider Network Options Maintaining their independence while gaining access to resources and markets are what independent agents consider when deciding whether to join an insurance agency network and which one to join. The …
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. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …
An insurance agency owner charged with killing a North Carolina Department of Insurance investigator won’t face the death penalty, prosecutors said. The decision was revealed during a court hearing for Michael Howell, who is charged with murder in the May …
$41 Million The amount Florida residents saved last year thanks to a 10-day sales tax reprieve on back-to-school and hurricane supplies. They will not see similar savings this year because the temporary suspension of the state’s 6 percent sales tax …
North Carolina Insurance Commissioner Jim Long reached an agreement with insurance companies that want to charge more for mobile homeowner’s insurance. This is the first mobile homeowners rate case in 26 years, Long said. The North Carolina Rate Bureau, which …
