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Tesla Debuts 500-Mile Electric Heavy Duty Truck
Tesla Inc. upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest …

POSTED NOVEMBER 17, 2017 8:00 PM
Texas Surplus Lines Premium Up 6% for the Year
Texas has recorded $4.6 billion in surplus lines premium through the end of October 2017, a 6 percent increase over 2016, according to the Surplus Lines Stamping Office of Texas (SLTX). Providing an update at the annual meeting of the …

POSTED NOVEMBER 17, 2017 5:45 PM
Louisiana Business, Industry Group Names LUBA Workers’ Comp Company of the Year
LUBA Workers’ Comp, a regional casualty insurance company, was named Company of the Year in the 100 employees or less category of the Louisiana Association of Business and Industry’s 2017 Free Enterprise Awards. The awards recognize companies with an unparalleled …

POSTED NOVEMBER 17, 2017 5:38 PM
Minnesota Commerce Commissioner Rothman to Run for State Attorney General
Minnesota Commerce Commissioner Mike Rothman announced that he is leaving his post to run a campaign for state attorney general. In a statement, Rothman said he is stepping down as of 11 a.m. today. “I have made the decision to …

POSTED NOVEMBER 17, 2017 5:34 PM
Rate Increases Approved for Texas Automobile Insurance Plan Association
Texas Insurance Commissioner Kent Sullivan has approved changes in the rates for private passenger and commercial automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA), which is the state’s assigned risk plan. The changes, which are effective March …

POSTED NOVEMBER 17, 2017 5:32 PM

IBR - Commercial lines News

Barbican establishes US wholesale excess & surplus lines MGA
Barbican Insurance Group has launched Barbican Specialty US, a new MGA offering wholesale excess & surplus (E&S) property insurance solutions for small-to-medium-sized commercial operations along the southeastern coast of the US.

POSTED NOVEMBER 17, 2017 1:22 PM
Alan & Thomas buys Commercial and General Insurance Services
Alan & Thomas Insurance Group has acquired Ferndown-based Commercial and General Insurance Services for an undisclosed amount.

POSTED NOVEMBER 14, 2017 9:08 AM
Global Risk Partners buys majority stake in Alan & Thomas Insurance Group
Global Risk Partners (GRP), the specialist investment vehicle for brokers and MGAs, has acquired majority stake in Alan & Thomas Insurance Group.

POSTED NOVEMBER 03, 2017 10:01 AM
THG acquires Delaware-based CNC Insurance Associates
Property and casualty insurance provider, The Hilb Group (THG) has acquired Delaware-based CNC Insurance Associates for undisclosed sum.

POSTED OCTOBER 17, 2017 11:00 PM
Bar Harbor Bankshares to divest McCrillis & Eldredge Insurance
Bar Harbor Bankshares has signed a definitive agreement with Cross Insurance to sell their insurance subsidiary, McCrillis & Eldredge Insurance, a family owned and operated company headquartered in Bangor, Maine.

POSTED OCTOBER 12, 2017 1:18 PM

IBR - Personal Lines News

Envera Health establishes stand-alone company, Clareto
Envera Health has established a new company, dubbed Clareto, to better serve growing demand for its Patient Authorized Data (PAD) Solutions, a health data exchange model created to connect health information exchanges (HIEs) to life insurers.

POSTED NOVEMBER 16, 2017
Humana to divest closed block of commercial long-term care insurance business
Humana has agreed to sell the stock of its subsidiary, KMG America Corporation, to Continental General Insurance Company (CGIC).

POSTED NOVEMBER 08, 2017 6:23 AM
Assurant to acquire The Warranty Group in $2.5bn deal
New York-based risk management solutions provider Assurant has entered into an agreement to acquire The Warranty Group (TWG) in a $2.5bn deal.

POSTED OCTOBER 20, 2017 9:46 AM
THG acquires Delaware-based CNC Insurance Associates
Property and casualty insurance provider, The Hilb Group (THG) has acquired Delaware-based CNC Insurance Associates for undisclosed sum.

POSTED OCTOBER 17, 2017 11:00 PM
AIG plans to make changes to organizational structure
Global insurance organization American International Group (AIG) is planning to make changes to its organizational structure.

POSTED SEPTEMBER 26, 2017 1:15 PM

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