National Section

Business Moves

Arthur J. Gallagher, Blue Horizon Arthur J. Gallagher & Co. has acquired Blue Horizon Insurance Services in San Diego. Terms of the deal were not disclosed. Ronald Zappelli and his team will continue to operate in San Diego under the …

Autonomous Cars to Cut U.S. Auto Premiums by 20% in 20 Years

The rollout of autonomous vehicles in the next few decades could lead to a massive reduction in U.S. motor vehicle premiums in the coming years, Aon Benfield said in a new report. Expectations are that “industry pure premiums” will drop …

New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Service Contract Reimbursement Insurance for Service Contract Providers Market Detail: Personal Safeguards Group, LLC is focused on the warranty and service …

How Competition Brings Out E&S Market’s Creativity

Emerging risks or traditional lines, innovation makes the difference The surplus lines market is eyeing another year of solid results for 2015. At press time, the final figures for 2015 surplus lines had yet to be released but according to …

How to Create & Reward Exceptional Agency Leaders

It’s always difficult to admit not being good at something — especially when you are the agency owner and leader of an insurance agency. But knowing a person’s weaknesses is extremely important. Leaders who understand their own weaknesses can find …

Minding Your Business: Traditional Producer Hiring Process is Arcane & Should be Shot!

I want to think of myself as a great father. If I’m not, I would never know until some kind friend pointed it out. It’s at that point I would get to tell him he’s wrong or accept his critique. …

14 States Process $13.1B in Surplus Lines Premium in First Half 2016

Data from the 14 U.S. surplus lines service/stamping offices show they have processed almost $13.1 billion in insurance premium filings in the first half of 2016, according to the Surplus Lines Stamping Office of Texas (SLSOT). This represents a slight …

Closing Quote: Health and Optimism in Surplus Lines

The surplus lines industry continues to outperform the overall property/casualty market, but that doesn’t mean it’s not without its own challenges. The annual U.S. Surplus Lines – Segment Review, produced by A.M. Best with support from the NAPSLO/Derek Hughes Educational …

P/C Insurance Agency Mergers and Valuations Up Again: OPTIS

The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since 2008. According to a new report on agency merger activity by Chicago-based investment banking and consulting firm OPTIS Partners, which …

What’s Driving Reinsurance Growth: Aon

Reinsurance demand has increased over the past 18 months, with the cession ratio across the global property/casualty insurance industry registering a small rise for the first time in several years, and the trend expected to continue for the remainder of …

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