Yearly Archives: <span>2021</span>

Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance

Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in upstate New York and allows Shank & Falvey to maintain local presence …

Safety Agency Dismisses Claims of Faulty Acceleration Against Tesla

The National Highway Traffic Safety Administration (NHTSA) said it would not grant a petition seeking a formal review of 662,000 Tesla vehicles for claims of sudden unintended acceleration (SUA). The U.S. auto safety regulator said its review of the December …

Broker New Dawn Risk Launches UK Division as Alternative to Big Brokers

New Dawn Risk, the international specialist insurance intermediary, announced the launch of a new division focused on the UK market. It will provide liability and specialty solutions direct to insurance buyers, as well as partner with UK regional brokers looking …

Sriwijaya Air Crash Puts Indonesia’s Poor Air Safety Record Under Fresh Scrutiny

SYDNEY/JAKARTA – Indonesia’s poor air safety record is again in the spotlight after a Sriwijaya Air jet carrying 62 people crashed into the Java Sea minutes after take-off on Saturday, marking the country’s third major airline crash in just over …

MJ Insurance Adds Crossland, Bushelle and Young in Indiana

MJ Insurance has hired Holden Crossland as employee benefits consultant, Branden Bushelle as database analyst and Matthew Young as risk transfer specialist at the independent agency’s Indianapolis headquarters. As an employee benefits consultant, Crossland will consult with existing and prospective …

InterWest Insurance Acquires Sierra Gold in California

InterWest Insurance Services has acquired Sierra Gold Insurance Services in Nevada City, Calif. Terms of the deal were not disclosed. Sierra Gold was founded in 1997 and specializes in commercial, personal, surety bonds and employee benefits insurance programs. InterWest is …

2020 Agents of the Year

Welcome to Insurance Journal’s Agents of the Year report. This report features 25 agents who define what it means to be a successful independent agent today. These agents are more than top sellers. While they have achieved impressive success in …

Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer

The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014, when …

Rates, Retentions Up in Employment Practices Liability Market: Report

In its annual survey of the employment practices liability insurance (EPLI) market, The Betterley Report found that rates are continuing their trend upward, in part because commercial rates in general are on the rise but more specifically thanks to COVID-19 …

People & Places

National Regine Fiddler has been appointed as chief marketing officer for insurer Hiscox in the U.S. Fiddler, who previously served as the chief marketing officer and head of Product at BankMobile, will report to and succeed Russ Findlay, who was …