Shortly after Woodrow Cross founded Cross Insurance out of his family’s home in Bangor, Maine, in 1954, he sold his first insurance policy for just seven dollars. More than 60 years and nearly 115 agency acquisitions later, with roughly 800 …
Although the Financial Stability Oversight Council created by the Dodd–Frank Wall Street Reform Act could serve an incredibly useful purpose, FSOC’s activities so far have been misguided, an insurance regulator said last week. Ted Nickel, president of the National Association …
Fire investigators in Cambridge, Mass., say a massive 10-alarm blaze that damaged or destroyed 18 buildings last month was caused by the careless disposal of smoking material by a worker. The results of the investigation into the Dec. 3 fire …
Police and federal safety officials are investigating a fatal workplace accident in Freetown, Mass. It happened early Tuesday afternoon at a distribution center for Stop & Shop supermarkets. Police say a man later identified as 51-year-old Alphonse Ferent of Stoughton …
Pennsylvania Insurance Commissioner Teresa Miller will chair a task force as part of the National Association of Insurance Commissioners (NAIC) that will examine issues that impact senior insurance consumers. Commissioner Miller’s appointment was announced by Wisconsin Commissioner of Insurance Theodore …
H.W. Kaufman Financial Group has acquired Colorado-based Essential Insurance Services Inc. Terms of the deal were not disclosed. Essential Insurance Services will become part of US-Reports, Kaufman’s national provider of premium audits, inspections, and risk management services. The Essential Insurance …
San Francisco, Calif.-based Wells Fargo Insurance released its 2017 Insurance Market Outlook and Employee Benefits Outlook reports showing this year’s property/casualty insurance market will again be favorable to buyers. According to the surveys, most sectors will see a flat to …
The 2017 Earthquake Brace + Bolt program opened registration this week for $6 million in grants for seismic retrofits. This represents a 25 percent increase in funding over last year to help California homeowners protect their families and secure their …
Chicago and Salt Lake City, January 26, 2017- Nothing stands between Rick J. Lindsey, CEO, Chairman and President of Prime Insurance Company, and the great agents and brokers of this country. Starting Monday, February 6, 2017, Lindsey kicks off his …
Alan F. Short has joined XL Catlin’s Excess Casualty team as a senior underwriter in Kansas City. Short brings 30-plus years of broker and underwriting experience, including his recent tenure as an underwriting consultant with CNA. Source: XL Catlin
