State Farm Mutual Automobile Insurance Co. is the largest global property and casualty insurer with $77.59 billion of direct premiums written, according to a new ranking by S&P Global Market Intelligence. US companies dominated the top 50 nonlife insurers, taking 20 of the global spots and accounting for more than 40% of total premiums. China […]
WCB Will Partner with State, Federal Authorities to Gain Temporary Protection for Workers Exercising Their Right to File Workers’ Compensation Claims. Builds on Governor Kathy Hochul’s Commitment to Protecting Workers in New York State – Regardless of Immigration Status. The New York State Workers’ Compensation Board (Board) has joined a wider state effort in shielding […]
The Insurance Federation of New York (IFNY) gathered in full force on November 16th for its Annual Free Enterprise Award Luncheon at New York’s Union League Club, whereupon Mr Alan Schnitzer, Chairman of Travelers’ received IFNY’s prestigious award. QBE received the Mary Lanning Public Service Award for its programmes in climate control and DFS Superintendent […]
Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, HAS announced its acquisition of Prince Associates, Inc., a multi-line retail insurance agency based in Hicksville, NY. Terms of the deal were not disclosed. Led by Leith Baren and Craig Sherman, Prince Associates is primarily focused on helping clients in need of commercials lines […]
Ryder Cup Winner Luke Donald, Applied President Jamie Sahara Interviewed by Sportscaster Jim Kelly As the world’s largest annual charity golf event heads into its final rounds, Applied Underwriters, the sponsor of the Applied Underwriters Invitational tournament has announced that the effort has set a new record and raised more than 10 million dollars for […]
Best Practices agencies continue exceptional organic growth and invest in young producer development. New York auto insurance policyholders and independent insurance agents expressed universal praise for Governor Kathy Hochul’s signing into law New York’s “Auto Insurance Consumer Relief Act,” a measure supported by both consumers and the insurance community. The bill allows insurance companies to […]
Relieve counseling services have been extended across five countries through end of year to assist jewelers, their families and employees Mutual® Group, the insurance and business solutions provider dedicated to the jewelry industry since 1913, recently announced the expansion of its “Relieve” counseling service in response to heartbreak being felt in the US and across […]
Testimony by Joseph Petrelli, ACAS, ASA, MAAA (MBA) President and Co-founder My name is Joseph Petrelli. I have been employed in the insurance industry since 1969, when I entered The College of Insurance on a work-study program. After graduation, I was employed by a regional insurer for four years, and then, a national insurer for […]
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