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11, 2015
Treasury Names 12 to Federal Insurance Advisory Committee
The U.S. Department of the Treasury has named 12 individuals including several insurance industry executives, a professor, a consumer advocate and six state regulators to serve on the Federal Advisory Committee on Insurance (FACI). The FACI was established to provide …
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11, 2015
Now 40 Confirmed E. Coli Cases Linked to Chipotle in Pacific Northwest
The number of confirmed E. coli food poisoning cases linked to Chipotle Mexican Grill Inc. restaurants in Washington state and Oregon rose to 40 on Thursday, as health safety officials continued searching for the source of the contamination. Oregon increased …
5
11, 2015
Technology Enables Insurers to Verify Garaging Location, Mileage and More
Auto insurance companies now have a tool that lets them verify the garaging address of a vehicle, confirm the driver’s commuting mileage and obtain loss costs and premium differentials for the vehicle, all before binding the policy. GarageConfirm, a new …
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11, 2015
Shurson Named Vice President of M.J. Hall in California
Stockton, Calif.-based M.J. Hall & Company Inc. has named Stacey Shurson vice president. Shurson has 39 years of insurance underwriting and brokerage placement experience. She owned IIW Insurance Services of California in Dublin from 1986 to 2013. M.J. Hall is …
4
11, 2015
Texas Leads States in Deaths from Deer Collisions
For the majority of hunters November is the start of deer hunting season in Texas and the Insurance Council of Texas (ICT) wants to remind drivers to be careful to avoid collisions with deer. Tragically, more than 100 people are …
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11, 2015
Independent Agency Profitability, Organic Growth Dipped in Q3: Reagan Consulting
Independent insurance agents and brokers posted median organic growth of 4.4 percent for the third quarter of 2015, compared with 6.0 percent in the third quarter of 2014, as measured by the Reagan Consulting Organic Growth and Profitability (OGP) quarterly …
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11, 2015
Dual Commercial Hires Broomfield for Environmental Program in New York
Dual Commercial LLC, a specialty program administrator based in Naples, Florida, has hired John Broomfield as senior underwriter for the firm’s the Environmental Division. He is based in New York City. Broomfield has more than 15 years of insurance experience …
9
11, 2015
All Web Leads to Acquire Bankrate’s Insurance Division
Austin, Texas-based All Web Leads (AWL), a Genstar Capital portfolio company, announced an agreement to acquire insuranceQuotes.com, Bankrate Inc.’s insurance division. The total transaction purchase price is $165 million and the transaction is expected to close by the end of …
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11, 2015
AIG CEO Hancock Rejects Icahn’s Breakup Plan
American International Group Inc. Chief Executive Officer Peter Hancock dismissed activist investor Carl Icahn’s proposal to split the company into three insurers, saying a division would limit earnings diversity and reduce the value of some tax assets. The stock declined …
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11, 2015
Best Agency to Work For – West: Der Manouel, Where Improvement Is Key
FRESNO, CALIFORNIA Der Manouel Best Agency to Work For – West Building a great agency starts with building great people. That should be the slogan for Der Manouel Insurance Group in Fresno, Calif. Employees think highly of the agency, and …