IFAwebnews » NJ

Mercury Insurance seeks agents, unveils new commercial auto product

IFAwebnews Staff — Thu, 09 Feb 2012 10:00:37 +0000

Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.

Mercury Insurance seeks agents, unveils new commercial auto product via IFAwebnews.

Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace

Bob Graham — Wed, 01 Feb 2012 13:46:01 +0000

The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.

Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace via IFAwebnews.

Bravo Health’s sale to Cigna gets Maryland regulator’s approval

Bob Graham — Tue, 31 Jan 2012 18:13:22 +0000

The Maryland Insurance Administration has approved the Cigna's acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.

Bravo Health’s sale to Cigna gets Maryland regulator’s approval via IFAwebnews.

Brief: If individual mandate is illegal, health reform law must die

Jaime L. Brockway — Fri, 27 Jan 2012 10:17:19 +0000

A Washington, D.C.-based advocacy organization says that the federal health reform should be declared unconstitutional because it is cannot function without the individual mandate, which the group also argues is unconstitutional.

Brief: If individual mandate is illegal, health reform law must die via IFAwebnews.

Pa., N.J. Career Notes: Selective Insurance, others appoint staff

Jaime L. Brockway — Wed, 25 Jan 2012 10:53:14 +0000

Selective Insurance Co. of America, a subsidiary of Branchville, N.J.-based Selective Insurance Group, announced two appointments: Dana D. Shutters as vice president, operational excellence; and Katherine L. Slonina as assistant vice president, regulatory compliance officer.

Pa., N.J. Career Notes: Selective Insurance, others appoint staff via IFAwebnews.

Report: N.J. Insurance Commissioner Considine to resign from post

IFAwebnews Staff — Tue, 24 Jan 2012 12:15:18 +0000

New Jersey's insurance commissioner, Tom Considine, is expected to resign his office next month in preparation for a return to the private sector.

Report: N.J. Insurance Commissioner Considine to resign from post via IFAwebnews.

Crew member, others admit mutiny in sinking ship for insurance

Bob Graham — Sat, 14 Jan 2012 02:02:02 +0000

A former fishing boat crew member pleaded guilty to contributing to a conspiracy to help an owner sink his boat and collect the $400,000 in insurance.

Crew member, others admit mutiny in sinking ship for insurance via IFAwebnews.

CBIZ secures N.J.-based employee benefits, retirement business

Jaime L. Brockway — Thu, 12 Jan 2012 12:20:52 +0000

A Cleveland, Ohio-based business services provider bought the employee benefits and retirement section from Advantage Benefit Planning (ABP), based in Pleasantville, N.J.

CBIZ secures N.J.-based employee benefits, retirement business via IFAwebnews.

N.J. court dismisses agents’ franchise suits against Allstate

Jaime L. Brockway — Tue, 10 Jan 2012 11:40:39 +0000

A New Jersey superior court dismissed all claims in franchise lawsuits filed against Allstate New Jersey Insurance Co., based in Bridgewater, N.J.

N.J. court dismisses agents’ franchise suits against Allstate via IFAwebnews.

Insurers’ lost $32B from natural disasters in first nine months of ’11

Bob Graham — Tue, 03 Jan 2012 16:11:25 +0000

Natural disasters cost insurance companies more than $32 billion in direct insured losses in the first nine months of 2011, nearly double the average of other years, according to the Insurance Information Institute.

Insurers’ lost $32B from natural disasters in first nine months of ’11 via IFAwebnews.