New York News

APCIA Joins Group Pushing for Reforms on Litigation Funding

A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding (CFLF) said it is …

Hochul Wants Revisions on Insurance Disclosure Law; Signs PBM License Bill

New York Gov. Kathy Hochul this week signed into law an insurance disclosure bill that many insurance agents had staunchly opposed, but not before asking lawmakers to soften the measure’s impact on businesses and insurers. Senate Bill 7052, the Comprehensive …

Marijuana Legalization Front and Center in 3 States

Recreational marijuana use is grabbing attention in three states that appear poised at some point to clear the way for adults to buy and possess cannabis for reasons other than medicinal purposes. Illinois is set to become the 11th state …

Prime Authorized to Write Surplus Lines in New York State

Salt Lake City, UT, Chicago, IL, December 19, 2017- Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently received approval to write specialty lines insurance coverage in New York state. “We are thrilled …

National General Insurance Announces Launch of NatGen Premier – A Comprehensive Personal Lines Solution for Mass and Emerging Affluent Customers

New York, NY, November 4, 2015 – National General Insurance today announced the launch of NatGen Premier, a new package program designed for affluent customers. The NatGen Premier homeowners and umbrella products are now available in California with personal auto …

Worldwide Facilities, LLC Appoints New Vice President & New York Casualty Practice Leader

Leading Wholesale Insurance Brokerage Expands Resources in New York Office New York, NY, September 22, 2015 — Worldwide Facilities, LLC is pleased to announce that Bill Craane has joined the company’s New York City office in the position of Vice …

Sica | Fletcher Leads The Hilb Group to an Investment by ABRY Partners

TRANSACTION MARKS INSURANCE M&A ADVISORY FIRM’S 13th TRANSACTION OF 2015 New York, NY, June 26 2015–The Hilb Group, LLC has announced that leading private equity firm ABRY Partners, headquartered in Boston, Mass., has completed a significant investment in the insurance …

Get the Full View of M&A and Organic Growth Best Practices

MarshBerry Launches Four New 360 Seminars Woodmere, OH, March 16, 2015: MarshBerry is hosting four full day regional seminars focusing on best practices for merger & acquisition (M&A) and organic growth strategies. These seminars will enable insurance professionals, property & …

Get the Full View of M&A and Organic Growth Best Practices

MarshBerry Launches Four New 360 Seminars Woodmere, OH, January 16, 2015: MarshBerry is hosting four full day regional seminars focusing on best practices for merger & acquisition (M&A) and organic growth strategies. These seminars will enable insurance professionals, property & …

EXL Acquires Underwriting Support Services Firm, Overland Solutions

Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys and outsourced loss control services for the insurance industry. Overland’s audit segment provides …