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13 10, 2015

Wells Fargo Insurance Launches California Prop 65 Insurance Program

By | October 13th, 2015|Recent Articles|Comments Off on Wells Fargo Insurance Launches California Prop 65 Insurance Program

Wells Fargo Insurance has launched a Prop 65 insurance program liability insurance program tailored to provide financial protection for product manufacturers, distributors, and formulators of products that contain any of six plasticizers covered under California Proposition (Prop) 65. California Prop …

13 10, 2015

Capacity Group Buys Stake in Shriver Insurance Agency

By | October 13th, 2015|Recent Articles|Comments Off on Capacity Group Buys Stake in Shriver Insurance Agency

The Capacity Group of Companies (Capacity) has acquired an ownership stake in Shriver Insurance Agency, headquartered in Elmhurst, Ill. As a result, Shriver has been renamed Shriver-Capacity Insurance Agency LLC (Shriver-Capacity). Shriver-Capacity, led by Charlie Shriver, specializes in insurance for …

13 10, 2015

Hostile Environment Liability Protection Program Adds Intelligence Panel

By | October 13th, 2015|Recent Articles|Comments Off on Hostile Environment Liability Protection Program Adds Intelligence Panel

The Hostile Environment Liability Protection (HELP) program, a risk mitigation, crisis response and insurance program designed to guide and protect operations in hostile or complex environments, has added a new Intelligence Panel. Led by Beazley Syndicate at Lloyd’s, HELP was …

13 10, 2015

Demotech Assigns Financial Stability Rating of A to Allied Trust

By | October 13th, 2015|Recent Articles|Comments Off on Demotech Assigns Financial Stability Rating of A to Allied Trust

Texas-based Allied Trust Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity …

14 10, 2015

Georgia-Based PointeNorth Insurance Group Merges With Debra LaVelle

By | October 14th, 2015|Recent Articles|Comments Off on Georgia-Based PointeNorth Insurance Group Merges With Debra LaVelle

PointeNorth Insurance Group (PNIG) in Atlanta has merged with Debra LaVelle, Inc. of Canton, Ga., an independent insurance agency specializing in employee benefits. With this partnership, PNIG’s benefits operation is expanded and the stage is set for ongoing growth. “The …

13 10, 2015

EEOC Sues Penn.’s Open Records Office for Alleged Age Discrimination

By | October 13th, 2015|Recent Articles|Comments Off on EEOC Sues Penn.’s Open Records Office for Alleged Age Discrimination

The U.S. Equal Employment Opportunity Commission (EEOC) said on Oct. 7 that it has filed a lawsuit against Pennsylvania’s Office of Public Records for allegedly violating federal law when it refused to hire an attorney for a vacant appeals officer …

13 10, 2015

Stewart Named Sr. VP at Great American Insurance

By | October 13th, 2015|Recent Articles|Comments Off on Stewart Named Sr. VP at Great American Insurance

Great American Insurance Group, based in Cincinnati, Ohio, has named Chad D. Stewart senior vice president and chief information officer of its Annuity Group. Stewart joined the Great American in 2011. Since that time, he has held roles of increasing …

13 10, 2015

EPIC Enters into Strategic Transaction with Alliant in California

By | October 13th, 2015|Recent Articles|Comments Off on EPIC Enters into Strategic Transaction with Alliant in California

San Francisco, Calif.-based EPIC Insurance Brokers and Consultants announced a transaction of certain books of business to Alliant Insurance Services, including the customers of David Alvarado and a group of employees who came to EPIC in 2009 through the acquisition of …

13 10, 2015

PARSONS Insurance Services Acquires Dallas-Based Alpha Insurance

By | October 13th, 2015|Recent Articles|Comments Off on PARSONS Insurance Services Acquires Dallas-Based Alpha Insurance

PARSONS Insurance Services, a veteran owned national insurance MGA, has acquired the operations of Alpha Insurance Agency (AIA) in Dallas, Texas. Terms of the acquisition were not disclosed. Alpha Insurance Agency is a brokerage that specializes in providing commercial and …

13 10, 2015

Pension, Insurance & Sovereign Funds Scale Back Emerging Markets’ Investments

By | October 13th, 2015|Recent Articles|Comments Off on Pension, Insurance & Sovereign Funds Scale Back Emerging Markets’ Investments

Big pension, insurance and sovereign funds may be scaling back investments in emerging markets amid disappointing returns and a darkening outlook for the sector. These deep-pocketed funds — global pension assets alone are worth over $35 trillion — are relatively recent …