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Category: Insurance


Activity, Insurance

World Insurance Associates Acquires Maryland’s American Insurance Marketing

September 25, 2019

Via: Insurance Journal

World Insurance Associates LLC (WIA) acquired American Insurance Marketing Corp. (AIMC) of Prince Frederick, Md., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1976, AIMC provides quality protection for thousands of individuals, families, businesses and […]


Activity, Insurance

The share of Americans with health insurance just dropped for the first time since the Great Recession

September 11, 2019

Via: Market Watch

The share of people with health insurance fell last year for the first time since the Great Recession, according to data released Tuesday by the U.S. Census Bureau. Approximately 27.5 million Americans, or 8.5% of the population, were without health […]


Activity, Insurance

China Regulator Puts Cap on Insurers’ Investments in Shareholders

September 9, 2019

Via: Insurance Journal

China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is sharpening its scrutiny of insurers’ and small […]


Activity, Insurance

Maryland Auto Insurance’s FineFix Program Launches Statewide

September 4, 2019

Via: Insurance Journal

A new state program in Maryland will help eligible residents reduce their outstanding uninsured auto fines, eliminating a hurdle to registering and insuring their vehicles. FineFix is a partnership between the Uninsured Division of Maryland Auto Insurance and the Maryland […]


Activity, Insurance

A life insurance start-up backed by Jay Z and Will Smith is now worth nearly $500 million

August 28, 2019

Via: CNBC

Ethos, the Silicon Valley start-up taking on America’s life insurance industry, just snagged $60 million in funding. The San Francisco-based company announced on Wednesday that it raised the fresh funds in a Series C round led by GV, Alphabet’s venture […]


Activity, Insurance

Chronic Commercial Auto Insurance Underwriting Losses to Continue in 2019: Fitch

August 27, 2019

Via: Insurance Journal

U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive year of underwriting losses in 2019, according to Fitch […]


Activity, Insurance

Alliant Insurance Services Hires Spofford as Vice President in New York

August 22, 2019

Via: Insurance Journal

Alliant is continuing to grow its presence in Albany, N.Y., with the addition of Vice President Chris Spofford. The property and casualty specialist will leverage his regional expertise and technical background to deliver a range of insurance and risk management […]


Activity, Insurance

Bill to Pool Small Businesses for Insurance Gets Final Approval in North Carolina

August 15, 2019

Via: Insurance Journal

A way for North Carolina small businesses and sole proprietorships to join together and obtain more affordable individual health insurance is heading to Governor Roy Cooper’s desk after the measure received final legislative approval. The Senate voted 32-9 on Tuesday […]


Activity, Insurance

Expert Outlines 5 School Insurance Liability Issues to Watch

July 19, 2019

Via: Insurance Journal

Lilian A. Vanvieldt, senior vice president, educational entities practice leader for the national insurance agency Alliant, has spent more than three decades insuring schools across the country. Her book of business spans from the small school district in Maine that […]


Activity, Insurance

Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise

July 9, 2019

Via: Insurance Journal

Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of operating in the region. […]