Personal Lines News

London Underwriters, Trigon to Offer Alabama Homeowners Program

London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama. The product will target homeowners (HO3, HO6 and …

Survey: Agents Suggest How Carriers Can Move from ‘Good’ to ‘Great’

One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …

Private Investment Firm, J.C. Flowers, Acquires UK General

J.C. Flowers & Co. LLC, a New York-headquartered private investment firm that focuses on investing in the global financial services industry, announced it has acquired UK General Insurance Group Ltd. Completed on May 24, after receiving UK regulatory approval, the …

H.W. Kaufman, Burns & Wilcox Canada Buy XN Canada Private Client Services

H.W. Kaufman Financial Group and Burns & Wilcox Canada announced they have acquired the high-value homeowner’s insurance practice from Quebec-based XN Financial Services Inc. (XN). A managing general agent and provider of insurance products, XN is a subsidiary of The …

Robberies Surge in 2016, Ending Downward Trend in Tulsa, Oklahoma

Tulsa experienced a surge of robberies in 2016, ending a five-year downward trend. Tulsa Police Department data showed that over 1,000 robberies were reported from the start of January through November, already 19 percent more than last year’s total of …

South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops

No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory systems. Grades assigned to the insurance regulatory systems in …

Midwest Regulation Report Card: States’ Grades Range from A to D

Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a report recently released by a conservative-leaning …

National General Purchases Non-Standard Auto Renewal Rights from Nationwide

National General Holdings Corp. has entered into a renewal rights transaction with Nationwide Mutual Insurance Co. for its personal and commercial non-standard vehicle in-force policies. National General will partner with Nationwide’s exclusive and independent agent force to sell its policies …

Texas Insured Property Losses Setting Record in 2016

Damaging hail storms and wide-spread flooding have caused record setting losses for both homes and automobiles this year in Texas, according to a state insurance trade group. This year’s insured losses for the first two quarters already surpass every year’s …

American Integrity Insurance Launches Umbrella Coverage for Florida Homeowners

Tampa-based American Integrity Insurance Co., a Florida property insurance company, has launched a new umbrella policy for Florida consumers and property insurance policyholders. The new coverage offers up to $5 million in protection. Umbrella coverage is designed to help protect …