DALLAS – The summer driving season may provide auto enthusiasts more opportunities than just getting back behind the wheel. New classic and modern collector vehicle insurer, OpenRoad, has announced it will begin offering coverage across select U.S. states Monday, July 15, 2024, promising better prices, superior coverage, and some much-needed relief from skyrocketing insurance costs […]
Only 2 personal line carriers ranked among the top 50 New York – The U.S. Property and Casualty (P&C) Insurance Performance Rankings published by S&P Global Market Intelligence, an annual ranking of the 100-largest P&C carriers in the country, found that commercial insurers outperformed their peers in key metrics measuring earnings, underwriting profitability, balance sheet […]
Verisk’s ISO Experience Index can help the insurance industry quickly assess changes in risk patterns and the cost of insuring risk JERSEY CITY, N.J. – The insurance industry exceeded loss ratio levels that have not been seen in nearly 20 years, with an estimated $21.2 billion reported in underwriting losses in 2023. To help insurers, […]
Expands specialty capabilities, expertise in Executive Employee Benefits BOSTON – Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, has announced it has acquired The Baker Benefit Group, LLC (BBG), a retail firm providing ancillary employee benefits products at large employer groups. Terms of the deal were not announced. […]
JOHNSTON, RHODE ISLAND – AIPSO’s President and CEO Chuck Kwolek has announced the hiring of two individuals to Vice President positions in the organization: Adam LaFlamme has been appointed Vice President – Chief Technology Officer, effective June 10, 2024, and Barry Zalcman has been appointed Vice President of Insurance Operations, effective June 3, 2024. Mr. […]
38% in High-Risk Jobs, 47% Vulnerable through Second-Hand Exposure A recent nationwide survey conducted on the risks of asbestos in America revealed that 38% of respondents have worked in high-risk industries where asbestos was present, while 47% have experienced indirect exposure through family members employed in these high-risk environments. The survey results reflect the fact […]
Steve Menzies, Chairman of Applied Underwriters, has announced the naming of Gregg Holtmeier to the post of Vice President of Strategic Development, to collaborate with the company’s growing team in M&A, corporate alliances and partnership relationships. Applied Underwriters has announced several transactions recently, which follow a long list in the preceding years. According to Mr. […]
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, has announced it has acquired Pace Professional Services, Ltd. (Pace), a Long Island-based firm specializing in professional liability coverages with a focus on certified public accountants and law firms. Terms of the deal were not disclosed. Based in Garden City, NY, Pace was […]
Amwins Program Underwriters (APU), part of the Amwins Underwriting division, has announced the launch of their new Home Health Care HNOA program designed to provide hired and non-owned auto liability coverage for home health care operations. This specialized HNOA program is designed to tackle the distinct hurdles faced by providers when delivering vital services to […]
AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer,announced the appointment of James Thanasules as President of AmTrust Title Insurance Company (“AmTrust Title”). In this role, he will oversee AmTrust Title’s operations providing title insurance for the commercial and residential real estate industries. “I’m excited to continue working with James […]
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