Declarations
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
Republicans Gain Control in State Houses, Governor Offices
Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
M&A Activity Heats Up
The Race to the Finish Line Merger and acquisition (M&A) activity between July and September was robust making the third quarter the most active with 61 deals versus 36 last year. Deal volume for the first nine months is up …
New Markets
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. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program …
Ratings Recap: Valiant, General Automobile Permanent General
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Valiant Insurance Company and Valiant Specialty Insurance Company, both domiciled in Wilmington, Del. Best also noted that the “ratings …
Accomplice in Ohio Fraud Scheme Sentenced to 6-Month Jail Term
An accomplice in an insurance fraud scheme in Ohio has been sentenced to a six-month jail term and must pay restitution and fines totaling more than $131,000, Ohio Department of Insurance Director Mary Jo Hudson announced. Christopher Davis of Toledo, …
Schenk Named Marketing VP for Keystone
Pennsylvania-based Keystone Insurers Group named Elizabeth Schenk as vice president of sales and marketing. She is a 22-year insurance industry veteran and previously served as marketing consultant for Ohio Casualty/Peerless and as a territory manager with W.R. Berkley Corp. She …
Westfield Insurance Gives $20K in Arson-Fighting Gear to Ohio City
An Ohio-based insurance company is donating more than $20,000 worth of arson investigation gear to Toledo, which has seen a rash of vacant house fires. Westfield Insurance says the gift presented to the city on Tuesday includes still and video …
Why Now Is a Good Time for Agency Network Growth
They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few years they have become …
Republicans Gain Control in State Houses
Republicans were not only victorious in the U.S. House but also in state houses across the country. Tuesday night’s GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
