Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to results of the J.D. Power 2021 U.S. Independent Agent Performance and Satisfaction Study, …
Insurer Liberty Mutual reported that it will acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio. Under the terms of the agreement, State Auto mutual members will become mutual members of Liberty Mutual. Also, Liberty Mutual …
Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. The agreements are the result of the initiation of a process by the company, …
Florida-based Tower Hill Insurance and national carrier Safeco, two non-affiliated carriers, have formed a marketing partnership in the state of Florida to offer a multi-policy discount to customers. Beginning in November, policyholders will have access to a multi-policy discount when …
American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the ability to transfer their upper middle market personal insurance …
AmTrust Financial Services said it will transfer to Liberty Mutual renewal rights in six states for its Republic personal lines business. The deal involves Liberty’s Safeco Insurance unit, and it will allow Republic General Agency personal lines agents to transition …
Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. “First, cost has got to come down. It’s absurd that approximately 60 cents on every dollar is what the customer gets …
The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the turnarounds he led at XL Group …
QBE North America has sold its personal insurance independent agency policies in 47 states to Safeco Insurance, a division of Liberty Mutual. The agreement was effective August 15, 2018. The terms of the transaction were not disclosed. The QBE North …
Safeco Insurance has appointed Debra Pooley as vice president and general manager of the Southeast Region. Pooley replaces Carl Canales who has been named vice president and general manager for the Northeast Region. She is is based in Suwanee, Ga. …
