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26
08, 2015
Ohio Licenses First Captive Insurance Company
Lieutenant Governor Mary Taylor announced that Imprise Financial PCC Inc., (Imprise Financial) is now licensed as Ohio’s first ‘protected cell’ captive insurance company. Through its protected cells, Imprise Financial will allow businesses to insure some of their own commercial risks, …
The article Ohio Licenses First Captive Insurance Company appeared first on Insurance Journal.
25
08, 2015
Florida Foreclosure Filings Spiked in July
After almost a year of month-to-month declines, new foreclosure starts in Florida rose in July. The research firm Realty Trac reported last week that foreclosure starts increased 16 percent in July from the previous July. Florida had the nation’s highest …
The article Florida Foreclosure Filings Spiked in July appeared first on Insurance Journal.
27
08, 2015
UK’s Towergate Reports H1 Before Tax Loss of $88.8M, vs. $23M in H1 2014
Towergate Insurance, the UK insurance intermediary, reported a before tax loss of £58 million ($88.8 million) during the first half, compared with a £15 million ($23 million) before tax profit in the same period of 2014. The company reported income …
The article UK’s Towergate Reports H1 Before Tax Loss of $88.8M, vs. $23M in H1 2014 appeared first on Insurance Journal.
26
08, 2015
Maine Issues Bulletin Prohibiting Use of Price Optimization
Maine Insurance Superintendent Eric A. Cioppa stated in a bulletin published Monday that in Maine, personal lines property/casualty insurers that use price optimization should submit revised rate filings removing such factors within 60 days after the date of the bulletin. …
The article Maine Issues Bulletin Prohibiting Use of Price Optimization appeared first on Insurance Journal.
27
08, 2015
Business Lobbies Seek Probe of Medical Funding Industry
Two business lobbying groups this week called on the Consumer Financial Protection Board to investigate the medical funding industry after a Reuters investigation revealed that private investors are funding operations for women who have sued makers of surgical implants. The …
The article Business Lobbies Seek Probe of Medical Funding Industry appeared first on Insurance Journal.
25
08, 2015
Fire Burning Near California Ski Resort Threatens Homes
Hundreds of mountain homes remained threatened on Monday as crews increased containment of a wildfire burning through timber near a popular Southern California ski resort. Water cannons usually used for making snow were pointed at the fire burning near Snow …
The article Fire Burning Near California Ski Resort Threatens Homes appeared first on Insurance Journal.
25
08, 2015
Treend Named Executive VP at Britton Gallagher
Privately owned insurance brokerage Britton Gallagher, based in Cleveland, Ohio, has tapped Eric Treend to serve as executive vice president of its expanding Recreation & Attractions Division. To support the expansion, Britton Gallagher has added staff to the division including …
The article Treend Named Executive VP at Britton Gallagher appeared first on Insurance Journal.
26
08, 2015
Auto-Owners Insurance Acquires North-Carolina Based Atlantic Casualty
Auto-Owners Insurance has acquired Atlantic Casualty Insurance Co., an excess and surplus lines company located in Goldsboro, N.C. Jeff Harrold, chairman and CEO, said the combined resources significantly expand the potential and growth opportunities for Atlantic Casualty and the managing …
The article Auto-Owners Insurance Acquires North-Carolina Based Atlantic Casualty appeared first on Insurance Journal.
26
08, 2015
Aon Risk Solutions Hires Surette as Resident Managing Director in Boston
Aon Risk Solutions, the global risk management business of Aon plc, hired Joe Surette as resident managing director of Boston operations. Surette succeeds Peter Caine, who left Aon in May to become chief operating officer of Lockton’s St. Louis operations. …
The article Aon Risk Solutions Hires Surette as Resident Managing Director in Boston appeared first on Insurance Journal.
25
08, 2015
How to Know What Insurance Customers Want
What do today’s customers want from insurance providers? They want understanding, interaction, even a relationship. But they vary in when and how they wish to learn, interact and build a relationship. Insurance providers have to understand not only when but …
The article How to Know What Insurance Customers Want appeared first on Insurance Journal.