The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for more than 13 years He was named chief strategy …
The top Insurance Journal story of the year was about a merger that never happened. On March 5, 2019 a marriage between two of the largest insurance brokers seemed to be in the works. Aon was considering a combination with …
During the course of a year, Insurance Journal columnists, consultants and other writers dispense countless words of wisdom on how to be a better and more successful professional insurance agent. If you are a veteran insurance agent — or an …
Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first change since …
The Senate yesterday went along with House measures that fund the military and rest of the federal government through next September. The government funding measure includes two provisions of particular interest to the property/casualty insurance industry: a reauthorization of the …
Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model. The company says dropping Esurance and creating the new business model will lower costs and allow it …
Bermuda’s insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal status will make Bermuda on par with the U.S., …
A national group offering risk management advice to the cannabis industry says it is creating a casualty insurance program to provide its members with insurance. The National Cannabis Risk Management Association (NCRMA) announced it is starting the process of registering …
Five Argo Group directors plan to retire as of the beleaguered company’s 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the decision is part of a “proactive refreshment process” announced …
Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cybersecurity risk management fare significantly better than peers that don’t disclose …