Inc News

BTIS Announces Launch of New Direct Bill Option for Victory Contractor General Liability

Rocklin, CA, January 13, 2017- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of BTIS DirectPay, the direct bill option for Victory Contractor General Liability. “We’ve been committed to helping our producers serve the small artisan …

American Specialty Insurance & Risk Services, Inc. Announces January 1st Workers Compensation Program Launch

Fort Wayne, IN, January 4, 2017 – American Specialty, a recognized leader in Sports, Recreation, and Entertainment insurance, is proud to announce its new Workers Compensation program through Arch Insurance Company (A+ XV financial strength). Effective January 1, 2017 American Specialty’s …

Wal-Mart to Pay $75K to Settle Illinois Disability Discrimination Lawsuit

Wal-Mart Stores Inc. will pay a former employee $75,000 to settle a federal disability discrimination lawsuit filed over the company’s alleged actions in regard to an employee at a store Hodgkins, Ill. The lawsuit filed by the U.S. Equal Employment …

Arrowhead Opens Its Architects and Engineers Liability Program to All Retail Producers

San Diego, CA, November 16, 2016- Arrowhead General Insurance Agency, Inc. (Arrowhead), one of the largest program administrators in the country, announced this week that its Architects & Engineers (A&E) Professional Liability Insurance Program is now available on an open-market …

BTIS Announces Launch of New Online Commercial Auto Program

Rocklin, CA, August 18, 2016-  Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30 states. “We’ve been committed to the small artisan contractor for …

Confie Acquires 2 New York Agencies: Sprague in Corning; Mason in Hancock

National insurance distribution firm Confie has acquired two insurance brokerages in New York State –  Lloyd D. Sprague & Son Inc.  and J.N. Mason Agency Inc. Confie, a portfolio company of ABRY Partner,  has completed 11 acquisitions thus far in 2016. …

Location, Inc. Launches Structure Fire Risk Index for Insurers

Location, Inc., a provider of location-based data and tools used by corporations for risk analysis, has introduced a new risk index to help insurers address structure fire losses due to human negligence. Insurers often associate structure fires with catastrophic events, …

Milliman Report on Europe, Japan, Asia Insurers Sees Increased Embedded Value

Global consulting and actuarial firm Milliman, Inc. has announced the availability of two new reports detailing embedded value (EV) results for 32 major insurance companies in Europe and Japan and 14 major insurance companies operating in Asia. The reports examine …

IICF Northeast Benefit Dinner Raises $1.26M for Regional Charities

The Insurance Industry Charitable Foundation’s (IICF) 9th annual Northeast Benefit Dinner, held on Dec. 9 at New York City’s Waldorf Astoria Hotel, raised more than $1.26 million for regional charities. More than 900 insurance professionals attended the annual event, which …

Economics of Climate Change, Climate Fiction and Climate Control

With fresh news out on the global economic cost of climate change, an enticing climate fiction contest and a sweet victory for this column, it would take until Christmas to individually cover it all in a bimonthly space. So I’ll give …