Personal Lines News
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Markerstudy Completes Purchase of Ardonagh’s Personal Lines Broking Business
Jul 1 2024 // Markerstudy, the UK insurance group, has completed the purchase of the Ardonagh Group’s personal lines broking business, Atlanta Group, in a deal that was first announced in September 2023. While financial details of...
Umbrella Liability: The Triple Upsell Possibility for Personal Lines Clients
Jun 17 2024 // When it comes to most of the personal lines market, it’s pretty straightforward. A person buys a car, and they need insurance. A person buys a home or rents an apartment, and they need insurance. Often, they can...
American Coastal to Sell Interboro to Forza Holdings, Completing Personal Lines Exit
May 13 2024 // American Coastal Insurance Corp. (ACIC) has agreed to sell its subsidiary Interboro Insurance Co., a New York domiciled insurer, to Forza Insurance Holdings, a Houston-based firm that funds insurance organizations serving...
Mercury Insurance Taking Tokio Marine’s California Personal Lines Business
May 10 2024 // Mercury Insurance on Thursday announced a plan that the Los Angeles-based carrier says will help maintain insurance availability and provide coverage for thousands of California consumers as two insurers exit the...
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O
Apr 19 2024 // Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce...
Zuckerberg Avoids Personal Liability in Meta Addiction Suits
Apr 16 2024 // Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products. US District Judge Yvonne Gonzalez...
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