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How Independent Agents Can Give Customers What They Expect
Whether you are the owner of a local agency or the CEO of a large public broker – it feels like there is less and less oxygen in the room. Organic sales growth is tough; merger & acquisition activity in …
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North Carolina Town to Challenge Federal Flood Maps
Officials in Wrightsville Beach, N.C., plan to challenge new federal flood plain maps in a move that could save some residents thousands of dollars in insurance premiums. The StarNews of Wilmington reports the town’s board of aldermen agreed Sept. 10 …
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NFP Acquires Insurance Management Associates in New Jersey
NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced today that it has acquired Insurance Management Associates (IMA) in Voorhees, New Jersey. Terms of the transaction were not disclosed. Founded in 1962, …
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Dillabaugh Joins Lockton’s Benefits Agency in Kansas City
Scott Dillabaugh has joined the leadership team of Lockton Companies’ Benefits Agency as senior vice president. He will be based in Kansas City. Dillabaugh will focus on business development, fostering the company’s culture, and driving innovation. He will also be assisting several …
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Arkansas Law Increases Penalties for Boating While Intoxicated
A new Arkansas law prompted by the deaths of two University of Arkansas students makes driving a boat while intoxicated as serious as driving a car while impaired. The law, which went into effect this summer, was enacted following the …
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Kentucky Student Charged After Drone Crashes into Stadium
University of Kentucky campus police have charged law student Peyton Wilson with second degree wanton endangerment for operating a drone that crashed into a section of Commonwealth Stadium before the Wildcats’ season-opening football game against Louisiana-Lafayette. The school also says …
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Asset Managers Urged to Make Cyber Risk Top Priority
Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. Banks have …
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Wohltman-Aherin Insurance Joins Valley Insurance Agency Alliance
Valley Insurance Agency Alliance (VIAA), a network of nearly 100 independent insurance agencies in Missouri and Southern Illinois, has added Wohltman-Aherin Insurance Agency as its newest alliance member. Founded in 1974 by Myron and Norma Wohltman, Wohltman-Aherin Insurance Agency specializes …
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Ade Named Starr Companies’ Regional VP for Midwest Region
Starr Companies has appointed Oliver Ade as regional vice president for the Midwest Region. Ade will be located in Starr’s Chicago office, where he will be responsible for the field leadership in the Midwest. Ade has been in the insurance …
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Reinsurers Expect Continued Downward Pressure on Pricing During 2016
The world’s largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade’s quietest years for catastrophe losses. Rates for property-and-casualty reinsurance are expected to show …
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