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11, 2015
Best Agency to Work For – East: Hanson & Ryan Inc.
TOTOWA, NEW JERSEY Hanson & Ryan Inc. Best Agency to Work For – East Building Team Spirit, Opportunities for All Employees Employees at Hanson & Ryan Inc. are proud of their workplace, where everyone feels like part of the team …
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11, 2015
Wildfires, and Now El Niño May Boost Californian’s Appetites for Surplus Lines
There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the surplus lines market. Now with the onset of what appears to be a strong El Niño this week in the …
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11, 2015
KeyCorp Aims to Leverage First Niagara’s Insurance Brokerage Business in N.Y.
Financial services company KeyCorp, which recently announced its plan to acquire First Niagara Financial Group in Buffalo, New York, said the company would leverage and grow First Niagara’s insurance brokerage business across KeyCorp’s customer base. KeyCorp, a bank-based financial services …
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11, 2015
ANBTX Insurance Adds Mullins, Durham in Dallas
Dallas-based ANBTX Insurance Services Inc. has added Tammy Mullins as commercial lines account executive and Shad Durham as senior claim manager in its commercial property/casualty division. Mullins comes to ANBTX from Arthur J. Gallagher & Co. and brings 18 years …
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11, 2015
Survey: Insurers Spent $1.52B with Diverse California Suppliers Last Year
Diverse California businesses supplied $1.52 billion in goods and services to insurance companies last year, according to a survey by the California Department of Insurance. The 2014 tally was a $587 million increase since 2012, according to Insurance Commissioner Dave …
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11, 2015
Texas Mutual Pays $721K Dividend to Auto Dealers Safety Group
Texas Mutual Insurance Co., a policyholder-owned workers’ compensation insurer, announced a dividend of $721,113 to the Lone Star Auto Dealers (LSA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their …
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11, 2015
Ironshore Launches Product Liability Endorsements for Manufacturers
Ironshore Specialty Casualty has created a new suite of endorsements to address the products liability exposure of manufacturers and distributors. Coverage is underwritten on a primary basis with limits available of up to $5 million on an occurrence or claims-made …
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11, 2015
Hormel Recalls Peanut Butter Made in Arkansas Factory
Hormel Foods Sales LLC is recalling 153 cases of peanut butter made at its Little Rock, Arkansas, factory because of the potential for metal shavings in the jars. The company issued a statement saying 153 cases of reduced fat creamy …
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11, 2015
Generali Q3 Profit Falls 18% on Decline in Life Insurance Business
Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit fell 18 percent after operating income declined at its life-insurance business. Net income dropped to 420 million euros [$458.6 million] from 513 million euros [$560.2 million] a year earlier, Trieste-based Generali said in a statement …
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11, 2015
Brownyard Group Promotes Pereira to Lead Foundation Program in New York
Brownyard Group, an insurance program administrator based in Bay Shore, New York, has promoted Teri Pereira to account manager of the Foundation program. The Foundation program provides specialized liability insurance to the domestic cosmetics industry, including manufacturers and distributors. Pereira …