Regional news:
Hanleigh Insurance announced a strategic alliance with Liberty Mutual Health and Accident that will enable the Woodcliff, N.J.-based Hanleigh to exclusively offer a full suite of individual disability product offerings issued by Liberty Mutual Health and Accident.
New Jersey-based Transport Insurance Management Services has acquired the Walter C. Cagley Insurance Agency, a nationwide provider of coverage for firms engaged in repossession, towing and auto transport.
Allstate sells Sterling Collision Centers
Filed in: Maryland, National, New York, Pennsylvania, Property-Casualty Insurance News, Virginia
Allstate has entered into an agreement to sell Sterling Collision Centers, Inc. to Service King Collision Repair Centers, based in Texas.
Property/casualty commercial insurance buyers face a modest improvement in market conditions for the remainder of 2014, due in part to further softening and an easing of upward rate pressure on many other lines, according to Willis.
According to a new LIMRA Secure Retirement Institute (LIMRA SRI) study, 43% of employers report the Affordable Care Act (ACA) has affected their current retirement benefits strategy and spending, and 45% believe ACA will change their retirement plans in the future.
Global reinsurer capital for 2013 was $540 billion, an increase of 7% ($35 billion) over the previous year, according to the latest edition of the Aon Benfield Aggregate (ABA) report.
Cole Tucker of Mechanicsville, Va., has been named the 2014 Professional Agent of the Year by the National Association of Professional Insurance Agents (PIA).
A new study from PriceMetrix, a practice management software and data services company, has identified seven strategies for successful client retention among financial advisors.
Standard Life and Accident Insurance Co. has launched its newest product, Group Term Life Insurance, aimed at smaller companies with as few as 10 employees.
President Barack Obama has chosen Sylvia Mathews Burwell, director of the Office of Management and Budget, to replace Kathleen Sebelius, the embattled secretary of Health and Human Services who oversaw the flawed implementation of the Affordable Care Act.
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Insurance education nonprofit moves to Pennsylvania
First Fidelity Brokerage awarded contract for Weill Cornell Medical College
PBC offers new product in NY for law firms with up to 50 attorneys
A Wells Fargo advisor in Western New York appealed a 10-day suspension by a FINRA, but found himself hit with an even longer suspension when his appeal was heard. Read »
A former New Jersey insurance broker admitted to conspiring to defraud purchasers of commercial liability insurance by overcharging for policies, as well as issuing some customers bogus policies. Read »
