An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together. The surplus lines insurance market continues to grow, not because …
One of Nationwide’s commercial insurance policyholders is realizing the benefits of venture-capital investment that the insurer made in a telematics startup and a pilot program that is reducing risky driving behaviors by 70 percent. The policyholder, HASC Center, a nonprofit …
Most insurance organizations have historically built strategic plans around a few core tenets: 1) increasing sales (market share and growth); 2) improving acquisition or retention; 3) increased persistency; and 4) increasing effectiveness and efficiencies (less cost). These plans always had …
Calabasas, Calif.-based Topa Insurance Group has named Delaney O’Brien director of marketing and communications. O’Brien will develop strategies to enhance Topa Insurance’s public image and cultivate relationships with members of the industry and the media. O’Brien started at Topa Insurance …
National wholesale insurance brokerage and managing general agent Worldwide Facilities has partnered with Petro Guardian, a lightning and static protection installation service provider for oil and gas facilities, to introduce Enlightning – an exclusive program to reduce the risk of …
Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry. The consequential rulings came on Sept. 20, 2018 in the cases of Harvey …
West Virginia University says it has banned five fraternities from campus for at least 10 years. The Charleston Gazette-Mail reports Alpha Sigma Phi, Kappa Alpha Order, Phi Sigma Kappa, Sigma Chi and Theta Chi can no longer participate in school …
John Canonico, owner of Brightway, Oviedo-Winter Springs in Oviedo, Fla., a Brightway Insurance Agency owner for the past six years, has teamed up with his son, Michael Canonico, to open Brightway, The James Island Agency in Charleston, S.C. John Canonico …
Kin Insurance, an insurtech startup offering insurance for homeowners, has expanded into Georgia. Kin uses big data analysis to help simplify the process of obtaining homeowners insurance. Kin aggregates data from public and private sources (e.g., real estate listings and …
The National Weather Service issued flash flood watches for parts of four states in the Southwest for late Monday and Tuesday. Areas covered by watches due to what the weather service’s Las Vegas office calls “abundant tropical moisture from Hurricane …
