The parent company of Delta Dental of Virginia formed two private, for-profit specialty companies to develop and market technologies and customer service programs.
A specialty property-casualty insurance company, based in Richmond, Va., recently became certified to write business on a surplus lines basis for all U.S. states and Washington, D.C.
HCC Insurance Holdings is opening new Primary Casualty and Excess Casualty divisions, which company officials say should serve to extend its underwriting activities.
The Hilb Group, a Glen Allen, Va.-based middle-market insurance brokerage, is expanding its New York presence, where it will focus on selling disability and life insurance products for the medical and dental communities.
A regional medical malpractice insurance company, Healthcare Providers Insurance Exchange, has expanded its New Jersey operations with the opening of a new office in Hamilton, N.J.
Tabb, Brockenbrough & Ragland, a 129-year-old independent insurance agency in Richmond, Va., has been acquired by an Ohio-based independent agency system.
Denver-based registered investment advisor Curian Capital has added new sales staff in eight new territories, including South Jersey, Northwest North Carolina and Washington, D.C.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.