Canadian insurance broker Hub International Ltd. announced the completion of its acquisition of Kaye Group, Inc., the U.S. property/casualty and benefits broker. Hub, which is 41 percent owned by Canada’s Fairfax Financial Holdings Ltd., plans to integrate Kaye’s operations into …
A bill designed to protect Rhode Island residents, who have agreed to structured settlements, from being taken advantage of is set for a vote in the State Assembly today. The measure had been held up in committee since its passage …
The MIIX Group of Lawrenceville NJ, announced it has adopted a shareholder rights plan, which will go into effect in the event that anyone accumulates more than 15 percent of the company’s common stock. MIIX, a leading provider of medical …
In its fourth acquisition in the last 12 months, the BISYS Group of Little Falls NJ, announced the acquisition of the Toner Organization, a Pennsylvania-based insurance brokerage firm, for an undisclosed price. Lynn Magnum, BISYS’ chairman and CEO stated, “This …
ePolicy, Inc., a provider of technology solutions to fully automate and web-enable the insurance distribution process through its wholly owned subsidiary, Insurance Technology Solutions Inc., announced that Joe Stinnette had been elected to the company’s board of directors. Stinnette most …
Agents and brokers will weigh in this week on California’s new low-cost auto insurance program at hearings held by the California Department of Insurance (CDI), reporting that they have been swamped by calls from unqualified applicants trying to lower their …
R. Scott Daugherty, chairman and CEO of USI Northern California, announced that Kevin Mencarelli had been promoted to president and COO of USI Northern California. Mencarelli joined USI Northern California in November 1998 as the executive vice president of operations …
TurboCoverage, a web-based auto insurance service for auto dealerships, has formed a partnership with Computerized Vehicle Registration (CVR), a provider of electronic vehicle registration, to market the TurboCoverage platform in auto dealerships across California. CVR, with relationships with more than …
The Calabasas, Calif.-based insurance holding company Amwest Insurance Group Inc. announced on June 25 that it has applied to the Securities Exchange Commission (SEC) to remove its shares of common stock, $0.01 par value per share (“Common Stock”), and its …
The St. Paul Companies announced that it will begin offering professional liability coverage for insurance agents and brokers to members of the Independent Community Bankers of America (ICBA) effective immediately. Insurance Agents and Brokers Professional Liability coverage will help protect …
