Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs, a newly formed underwriting agency and approved Lloyd’s …
James LaLonde has been promoted to manager of insurance solutions at Burns & Wilcox. LaLonde previously served as an insurance solutions analyst II in the insurance solutions group of the IT department. He is the lead on several key projects, …
Selective Insurance Group is acquiring Montpelier U.S. Insurance Company (acronym MUSIC), an excess-and-surplus lines unit from Montpelier Re U.S. Holdings Ltd., for $55 million. Selective said the deal would be completed before the end of the year, pending customary closing …
Appalachian Underwriters, Inc. (AUI) launches a new commercial lines online rater for independent auto dealers, www.xpressdealerpro.com. Xpress DealerPro is the latest installment of enhancements to be integrated into AUI’s Xpress rating platform. AUI’s B2B Xpress rating platform provides agents with …
General Star has expanded distribution of its repossession operations product. The coverage, formerly available on a limited basis, is now accessible to all appointed General Star wholesale brokers. This product is available on a non-admitted basis in all states, and …
Scottish American Capital, a venture capital group with a cache of high net worth individuals, has purchased 80 percent of Tustin, Calif.-based Yates & Associates and given founder Jim Yates a three-year contract as chairman. The company said it now …
Brady R. Kelley has been named the executive director of the the National Association of Professional Surplus Lines Offices (NAPSLO) effective Sept. 12. Kelley will replace Richard M. Bouhan who will be retiring from the organization after 30 years of …
Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched an online jewelers block program. The program is available in all 50 states on an admitted basis with an “A” rated XV carrier. …
Freedom Specialty Insurance Co. has launched its First Choice excess policy form. The coverage includes: Policy follows “followed policy,” easy to ensure terms match the “followed policy” Reduction or exhaustion of underlying limits coverage section includes wording for payment by …
WIAA Insurance Services, the general agency arm of the Western Insurance Agents Association (WIAA) has expanded their relationship with MarketScout Wholesale (MSW) and a select excess and surplus carrier. WIAA Insurance Services and MarketScout have been partners since 2007. This …
