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FBinsure Acquires Hardy & Ponte Insurance in Massachusetts

Article Comments FBinsure, an independent insurance agency with nine locations in Massachusetts, announced Thursday that it has acquired the Hardy & Ponte Insurance Agency, an independent agency in New Bedford, Massachusetts. Terms of the transaction were not disclosed. FBinsure said … Continue reading

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Markel Reports $197M Q4 Net Income

Markel Corp. reported $197.9 million in net income to shareholders for the 2015 fourth quarter, up from $117.6 million during the same period in 2014. For the full-year 2015, the Richmond, Virginia-based specialty insurer posted $582.8 million in net income … Continue reading

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Mortgage Rates at 3.5 Percent

Mortgage rates were widely available at 3.5 percent for much of the day today.  At any other time from the middle of 2013 through the end of 2015, that’s not something that very many people thought they’d be able to say (or … Continue reading

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QBE North America Names Kearns to Lead Financial Institutions Practice

QBE North America announced that Dennis Kearns, senior vice president, underwriting leader, will assume leadership of its Financial Institutions practice in addition to his existing role leading the Transactional Liability practice. He is based in QBE North America’s New York … Continue reading

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2,000 Agents Can’t be Wrong: They’re About to Tell Us What They Want from Carriers

Article Comments Channel Harvest Research, in partnership with Insurance Journal, recently launched its 2016 national survey of independent agents’ attitudes about their carrier partners. This is the ninth annual study on key elements of the property/casualty agent-carrier relationship. Agents and … Continue reading

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Hub Northeast Hires Martin as Senior VP in New York

Hub International Northeast, a division of Hub International Limited, has hired Allyson Martin as senior vice president and strategic real estate advisor. In this role, Martin will oversee the development and execution of sales initiatives for the real estate industry. … Continue reading

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Study: Economic Impact of Insurance Industry on Michigan Is Significant

A recently released study shows the positive contributions insurance industry brings to Michigan’s economy. The report — Economic Footprint of Michigan’s Insurance Industry — by Anderson Economic Group shows the insurance sector as a whole provides an annual $37.1 billion … Continue reading

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NTSB Blames Poor Oversight in Deadly Illinois Truck Crash

Failed safety oversight was partly to blame for a deadly crash near Chicago in which a truck driver for a company already flagged as high-risk fell asleep and plowed into emergency vehicles, a federal accident investigations board said. The panel … Continue reading

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Enbridge Sued by Wisconsin Landowners over Spill Insurance

Article Comments A group of Wisconsin landowners is suing Enbridge to force the company to carry spill insurance on a pipeline that will carry Canadian tar sands oil across the state. The landowners live within 350 yards of the pipeline. … Continue reading

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New Orleans Company: Device Aims to Improve Emergency Response in Petrochemical Sector

Article Comments A New Orleans-based technology company that has developed a device to improve emergency response times in the petrochemical industry has partnered with two of the largest companies in the industry. The New Orleans CityBusiness reports the company inFRONT … Continue reading

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