USI Insurance Services has acquired Sitka, Alaska-based Venneberg Insurance. All of the agency’s employees, including Mike Venneberg, owner and principal, will be joining USI. Terms of the deal were not disclosed. Venneberg Insurance is an independent risk management and insurance …
While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead. Rising insolvency exposures, growing cyber security threats and persistent …
Curley Associates, an insurance agency based in Sanford, Maine, has acquired Robert L. Haley Agency Inc. of Gray, Maine. The acquisition was effective October 16, 2020. According to Curley, the Gray location will remain open at this time with key …
The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide average increase in dwelling policies. The North Carolina Department of Insurance said it received the filing for the rate hike …
ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus was on small-to-medium enterprise engineer and contractor professional …
CopperPoint Insurance Cos. in Phoenix, Ariz., has named Joe Fox vice president of the company’s pay as you go business. Fox will be responsible for developing and implementing a new premium payment process for CopperPoint’s pay as you go workers’ …
Insurance Office of America has added Alex Dominguez to its Western region team. Dominguez joins the San Diego, Calif., branch location as a commercial lines producer. He was previously a commercial insurance broker at Rock 10 Insurance Services, and has …
Swiss Re Corporate Solutions announced it has received a direct insurance authorization from the South African joint regulators Prudential Authority and Financial Sector Conduct Authority. Located in Johannesburg and fully operational, Swiss Re Corporate Solutions Africa offers customers in South …
Hurricanes Eta and Iota in November topped off the 2020 Atlantic hurricane season when a record of 12 named storms made landfall in the United States. The two final hurricanes of the season had an economic cost of approximately $9 …
Boston Insurance Brokerage LLC (BIB) has hired Alex Gabriel to its Healthcare Professional Team. He will be working to grow business out of Northern Virginia. Gabriel brings with him more than 15 years of experience spanning brokerage and managing general …