Tennessee News

Hylant Group Names Belden to Lead Cincinnati Office

Hylant Group, one of the nation’s largest privately held commercial insurance brokerage firms, recently named Todd Belden as president in its Cincinnati, Ohio office. In his new role, Belden will be responsible for the management, direction and growth of the …

Robertson Taylor Adds Fine Arts Insurance Specialist

U.K.-based Robertson Taylor, the specialist global music and entertainment subsidiary of Lloyd’s insurance broker Oxygen, has expanded its Fine Arts Division with the appointment of Victoria France as managing director of fine arts. Based in the Los Angeles office, France …

Group Urges Tennessee Residents to Avoid Ash from Coal Plant

Authorities need to more strongly warn residents that muck left from a major coal-ash spill in eastern Tennessee could pose health risks, a southern environmental group said Saturday. The Tennessee Department of Environment and Conservation said Friday that the mixture …

Top Regional Stories of 2008

West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …

Other Agency/Brokerage Transactions in 2008

Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix & Associates Buys Katie Freeman Insurance Services Georgia’s Britt/Paulk Insurance …

Gallagher Stocks Up; M&A Activity Steady

Stock Prices: Arthur J. Gallagher’s stock price remarkably continues to hold strong as many stocks are experiencing historical declines. Gallagher is up 6.5 percent for the year. M&A Activity: Brokerage activity remains steady with several large transactions announced in the …

The Busiest Agency Buyers in 2008

Brown & Brown December: Stewart & Tunno Insurance Agency Inc., Portland, Ore. November: Small Business Unit of Conner Strong, Cherry Hill, N.J.; Agency Associates Inc., Zionsville; Health Insurance Exchange, Seattle, Wash. October: Al Phillips Insurance Agency, Nashville, Tenn. August: Advanced …

My 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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …

BB&T to Acquire Florida’s J. Rolfe Davis Insurance

BB&T Insurance Services, the nation’s sixth largest insurance broker, reports it plans to acquire J. Rolfe Davis Insurance of Maitland, Fla. Founded in 1942 by former Orlando mayor J. Rolfe Davis, the privately-held broker is ranked among the nation’s top …

Appalachian Underwriters Opens Florida Office; Hires Gordon, Rupp

Marshall Gordon and Skylar Rupp have joined Tennessee-based Appalachian Underwriters, Inc. (AUI) to market and underwrite workers’ compensation for professional employer organizations (PEO) firms nationwide. Gordon and Rupp will be based out of a new Boca Raton office and will …