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Air Accidents at All-Time Low, Despite MH17, Germanwings Crashes
As the spotlight falls on Dutch crash investigators and their high profile probe into the downing of a Malaysian airliner, air accident detectives worldwide are waging a much more discreet daily battle to keep flying safe. The Dutch team’s findings, …
Texas Gun Rights Advocates Taking Aim at Zoos
Visitors to the Houston Zoo can now pack a little something extra besides a camera and picnic basket. The nearly century-old institution recently lifted its longtime firearms ban amid a broader push by gun-rights advocates who are pressuring zoos in …
Why It’s Important for Agents to Offer Consistent ‘Touchpoints’ for Clients
Most agents work hard to maintain strong relationships with clients, however, all too often business gets in the way. Agents need to take steps, digitally speaking, to stay connected continually with the right messages rather than wait for a claim …
Conn. Warns Insurers Not to Terminate Home Policies Over Foundation Problems
The Connecticut Insurance Department sent a notice to insurers writing homeowners insurance in the state, notifying them they are not allowed to cancel or non-renew homeowners policies based on foundation problems. “It has come to the Insurance Department’s attention as …
Surplus Lines Insurance Sees Moderate Growth Thus Far in 2015
Collectively, the 14 U.S. surplus lines stamping offices have reported moderate growth in surplus line premiums during the first half of 2015. Approximately 60 percent of all surplus lines insurance is processed by stamping offices, according to the Surplus Lines …
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 …
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 …
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 …
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 …
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 …