Category: Insurance

September 25, 2019

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 […]

September 11, 2019

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 […]

September 9, 2019

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 […]

September 4, 2019

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 […]

August 28, 2019

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 […]

August 27, 2019

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 […]

August 22, 2019

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 […]

August 15, 2019

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 […]

July 19, 2019

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 […]

July 9, 2019

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. […]