Personal Lines News

BB&T-Oswald Trippe and Co. Hires DVIC Graduate for Miami Office

Shawn Kay has joined the staff at BB&T-Oswald Trippe and Company as a customer service representative in the Miami office working with personal insurance clients. Kay joined BB&T-OTC after completing his training with Disabled Veterans Insurance Careers, a nonprofit organization …

U.K.’s Direct Line 2014 Profit Misses Estimates on Less Premiums Written

Direct Line Insurance Group plc reported 2014 pretax profit that missed analyst estimates as the British home and car insurer wrote less premiums. Pretax profit for continuing operations rose 12 percent to 456.8 million pounds ($702.8 million) in the year to …

ACE Forms Travel Insurance Partnership with Transavia Airlines

ACE Group has signed a partnership agreement with Transavia to provide the airline’s customers with travel and flight cancellation insurance cover. Transavia, based in The Netherlands, is a member of the Air France KLM Group, and provides scheduled and charter …

Western Security Surplus Enlists Tania V. Strickland to Head New San Antonio Office

Plano, TX, February 23, 2015- Kyle Stevens, President/CEO of WSS announced that the company has hired Tania Strickland as a new Senior Broker and Regional Vice President. Strickland will be heading a new Central Texas office located in San Antonio, …

Commercial Rates Continue on Slow Slide; Personal Lines Rates Moderate: Survey

The composite rate for U.S. commercial insurance was plus 1 percent in October 2014 while the composite rate for U.S. personal lines was plus 3 percent for the month, according to MarketScout’s monthly analysis of market conditions. “As expected, the …

Boats on Northern Indiana River Targeted by Theives

Thieves are taking batteries and other items from boats docked along a northern Indiana river near South Bend, according to local authorities. St. Joseph County police have received more than a dozen theft reports over the past couple of weeks …

Atlantic Specialty Lines Hires Personal Lines Producer, Rob Hardway

Austin, TX, October 23, 2014- Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is continuing its growth in Texas by announcing the addition of Rob …

Wells Fargo, Telemundo Partner on Financial Literacy Campaign for Hispanics

Wells Fargo of San Francisco has partnered with Miami-based media giant Telemundo for a six-week media campaign targeting financial literacy within the Hispanic community. Launched Oct. 13, “Conversemos de Tus Finanzas” is focused on empowering Hispanics to enhance their financial …

Large Agencies More Optimistic About Future Growth: Vertafore Study

Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts, according to a new industry study. Some 70 percent …

Cunningham to Become CEO of IAT Reinsurance

IAT Reinsurance Company Ltd., the privately owned Bermuda insurer, announced that Peter R. Kellogg is retiring as chief executive officer, a position he has held since the company’s founding in the early 1980s. William Cunningham will assume the role of …