National General Holdings Corp. Acquires Renewal Rights and Assets of Tower Group’s Personal Lines Business Karfunkel Cites Advantages to Agents, Brokers National General Holdings Corp. (NGHC) has moved to acquire the renewal rights and assets of the personal lines insurance operations of Tower Group International, Ltd in connection with an agreement simultaneously entered into by […]
Insurance Industry Leaders See a Yes, a No and an Appetite for Regulation Ahead Outlook for personal and commercial lines not optimistic. Leaders of the property/casualty insurance industry believe Congress will delay implementation of the Biggert-Waters (BW) 2012 NFIP reforms, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 18th annual […]
Demotech Co-Founder Named One of Twenty People to Know in Insurance The employees of Demotech are pleased to report that our President and co-founder, Joseph L. Petrelli, has been named one of twenty people to know in insurance by Columbus Business First. In a Central Ohio insurance community consisting of more than 50,000 insurance professionals […]
Applied Systems Donates $30,000 to InVEST ALEXANDRIA, Va—InVEST, the insurance industry’s premier classroom- to-career education program, is pleased to announce that Applied Systems has donated $30,000 to the program. “Applied Systems’ commitment to the InVEST program with this generous gift of $30,000 will help create a career path for the next generation of insurance professionals […]
Health Insurance Marketplace Certification Course ALBANY, N.Y.—Following up on their earlier success, The Independent Insurance Agents and Brokers of New York (IIABNY) and the New York State Association of Health Underwriters (NYSAHU) have announced another joint project to certify insurance producers for the state’s new individual health insurance marketplace. The organizations are offering a course […]
New York Second in Nation For Questionable Workers’ Comp Claims Albany, N.Y.—New York is second in the nation, only behind California, for questionable workers compensation insurance claims. New York jumped to second in 2012 from fifth in 2011. “Workers compensation insurance fraud is a serious problem in New York,” Ellen Melchionni, president of the New […]
Insurance Lessons Learned from Sandy: Steps to Share with Your Business Clients NEW YORK, N.Y.— The difficulty many businesses had reopening after Hurricane Sandy is a reminder of the importance of having a disaster recovery plan and the right type and amount of insurance, according to the Insurance Information Institute (I.I.I.). In fact, the I.I.I. […]
Glen Rock, N.J.—MSO®, Inc. (The Mutual Service Office, Inc.) has announced that they have partnered with Nexxus Solutions Group. Based in Orlando, FL., Nexxus Solutions Group, LLC is a managed repair network servicing the Insurance Industry and their customers. Nexxus Solutions Group’s national network encompasses mitigation companies, contractors and service providers, who mitigate, repair or […]
WASHINGTON, D.C.—The Independent Insurance Agents & Brokers of America (the Big “I”) named U.S. House of Representatives Committee on Financial Services Chairman Spencer Bachus (R-Ala.) as the Gerald Solomon-IIABA Legislator of the Year for 2011. In his address to the group, Rep. Bachus discussed numerous issues that impact the small business community, consumers and the […]
Distinguished graduate and champion of the nation’s leading financial services educator, Albert J. “Bud” Schiff, CLU®, CAP®, has been selected to receive The American College’s highest honor, the Huebner Gold Medal. The ceremony honoring Mr. Schiff will take place during The College’s annual President’s Dinner on Friday, December 2, 2011 at the Smithsonian National Museum […]
A Beacon International Group, Ltd. Member
