An ordinance up for consideration at tonight’s Sacramento City Council meeting is bad news for local businesses and is unfair to consumers that shop, work or visit the City of Sacramento, according to the Association of California Insurance Companies (ACIC). …
IMA of Colorado, Inc., a retail insurance brokerage based in Denver, has appointed Michael Lischer a surety account executive. IMA of Colorado is part of the IMA Financial Group Inc., a financial services company specializing in insurance, asset and risk …
California’s Office of Administrative Law (OAL) has approved state Insurance Commissioner Dave Jones’ request for an emergency regulation to give him the authority to enforce the 80 percent Medical Loss Ratio (MLR) in the individual market established under the Patient …
Travelers Companies Inc. posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance. Despite deep-seated pessimism about pricing and competition among property and …
Burns & Wilcox has been selected by Asterisk Financial Inc., the creator of Personal Guarantee Insurance (PGI), to be its wholesale partner to offer PGI directly to brokers and agents. Today, most small and medium-sized business owners, limited partners, and …
Howden Specialty Underwriters LLC, a subsidiary of Hyperion Insurance Group Limited, and Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, now offer a management liability insurance program focused on private companies with less than $250 …
State Farm Mutual Automobile Insurance Co., the largest insurer of autos in Tennessee, is increasing its overall rate level in the state an average of 0.4 percent effective Feb. 21. After this rate change is implemented, State Farm said its …
A Massachusetts man who allegedly collected over $28,000 in fraudulent insurance claims for work performed at his automotive and glass companies has been arraigned on fraud and larceny charges, according to the state’s attorney general. Investigators say Robert Giller, of …
MarketScout Wholesale has acquired New York-based Wastepac from Insurance Specialty Group. Wastepac is general agent focusing on private businesses in the waste hauling and sanitation industries. It will remain in its current location in Port Jefferson, New York under the …
MDW Insurance Group is pleased to announce that Norbert Fernandez has been named chief operating officer. Norbert will oversee the insurance marketing and management of all the operational functions of the Coral Gables, Fla.-based insurance agency. Norbert’s career in the …
