Insurance News & Info

TDECU Insurance Agency LLC announced the acquisition of Associated Insurance Agency Inc. (AIA) based in Houston, Texas. The purchase was finalized Jan. 3, 2012. Associated Insurance Agency is an independent insurance agency that has served the Houston business community for … View full post on Insurance Journal » News

Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J. Bollinger said the acquisition would help bolster its professional liability insurance brokerage business. Bollinger has also formed a new professional liability division within its agency. In … View full post on Insurance Journal » News

[PR Newswire] – BOSTON , Jan. 4, 2012 /PRNewswire/ –John Hancock Financial today announced that it has entered the travel insurance marketplace, distributing products through a new web site, www.johnhancocktravel.com … View full post on Yahoo! Finance: Life Insurance Industry News

Swantner & Gordon Insurance Agency has added Thomas Peel in the marketing department of the firm’s Houston office. As a marketing representative, Peel will be responsible for analyzing and placing risk with appropriate insurers and negotiating rates for commercial clients. … View full post on Insurance Journal » News

A federal judge has barred New York City’s Taxi and Limousine Commission from issuing permits for taxicabs unless they’re accessible to people with disabilities. Advocates for the disabled say it’s a milestone decision that could have national implications. Federal Judge … View full post on Insurance Journal » News

Strategic Insurance Agency Alliance  Inc. (SIAA), a national alliance of over 3,900 independent insurance agencies, announced that master agency partner CoVerica Agency Alliance, formerly SIG Agency Alliance, has expanded into California. CoVerica’s territory in California will include the northern Los … View full post on Insurance Journal » News

The Strategic Insurance Agency Alliance (SIAA) added six new member agencies in the East region in November. The new member agencies are: The Highbeam Group of Cherry Hill, N.J.; Geraci Agency of Clinton Corners, N.Y.; ENV Property & Casualty of … View full post on Insurance Journal » News

The U.S. Department of Agriculture’s Risk Management Agency on Wednesday announced a new pilot insurance program for table and oil olives in 12 California counties beginning with the 2012 crop year. The sales closing date is Jan. 31, 2012. The … View full post on Insurance Journal » News

Aon is closing down Agency Specialty Product Network (ASPN), a subsidiary, by the end of the year. “Aon values the long-term relationships developed with local agents and brokers and we remain committed to developing, underwriting and distributing specialty products and … View full post on Insurance Journal » News

I have often been asked why procedural consistency is important for reducing errors and omissions (E&O) exposures. Another way of asking the question is, “Why is inconsistency an issue?” Let’s first consider the strict legal perspective. The most applicable case … View full post on Insurance Journal » News