Number of Independent Agencies Dips a Bit: Future One Study March 30, 2021 Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a...
Private Equity Firm Odyssey Partners With Management to Acquire SIAA March 29, 2021 Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance...
Allstate’s Sale of New York Unit to Wilton Re to Complete Exit from Life, Annuity Business March 29, 2021 The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re...
Underground Electrical Blast Rocks New Jersey’s Asbury Park March 29, 2021 Utility crews restored service after an underground electrical fire rocked the New Jersey shore city made famous by Bruce Springsteen’s...
New Jersey Governor Nominates Thompson as Insurance Fraud Prosecutor March 29, 2021 New Jersey Governor Phil Murphy has announced his nomination of Tracy Thompson as insurance fraud prosecutor. Thompson has led the...
Tornado Touches Down in Vermont, Injuring at Least Two March 29, 2021 A tornado with an estimated wind speed of 110 mph touched down in Vermont on Friday afternoon, injuring at least...
Utah Passes Law Requiring Pilot Insurance Following Plane Crash March 29, 2021 The lawsuit from a 2017 crash of an airplane on 1900 West in Roy lingers on, more than three years...
Former California Uber Driver Convicted of Raping Passengers March 29, 2021 A former Uber driver in Central California was found guilty of sexually assaulting and stealing from five passengers. Jurors took...
Suez Canal Blockage Likely to Bring Large Losses for Global Reinsurers: Fitch March 29, 2021 The blocking of the Suez Canal and resulting disruption to global shipping is likely to cause a large loss event...
Midwest People Moves: J.M. Wilson; AF Group March 29, 2021 J.M. Wilson Portage, Mich.-based managing general agency and surplus lines broker, J.M. Wilson, has added Rebecca Green as chief financial...