Filed Under:Agent Broker, Agency Management

Around the Industry: August 12, 2014

News from Prime Rate Premium Finance Cos., The Hilb Group, NEFCO Fire Investigations, Norman-Spencer Agency and more

People & Places

James “Jim” D. Williamson was named North American sales manager of AFCO, CAFO and Prime Rate Premium Finance Cos.

Zurich appointed Tom McDonald as a regional sales manager, corporate life & pension, for Zurich Global Life North America.

 

Mergers & Acquisitions

The Hilb Group LLC acquired The Martin Agency Inc., based in Danville, Ky.

NEFCO Fire Investigations announced a merger with Kufta Assocs. Ltd. With the merger, the two organizations will have expert locations to include York, Pittsburgh, Harrisburg, Philadelphia, Lancaster, Huntingdon Valley, Wilkes-Barre, Larksville and Doylestown, Pa.

Norman-Spencer Agency Inc. acquired Northern Star Management Inc. Northern Star is a New Jersey-based underwriting management company and wholesale producer, working with a network of agents and brokers specializing in transportation insurance solutions.

 

News

Nelson Levine changed its name to Nelson Brown & Co., and has adjusted the company’s focus to strengthen the firm’s attention to the global insurance business.

Lockton plans to add three leading energy risk management leaders to its Global Energy Practice.

Brightway Insurance expanded its footprint in North Carolina with the opening of its Maz Ganmin’s location in Cary.

 

 

Top Story

5 things drivers need to know before working for a ridesharing service

Uber, Lyft and Sidecar drivers pose major insurance risks to passengers and themselves.

Top Story

Cyber risk jumps to No. 2 on Travelers Business Risk Index

Up from fifth place last year, cyber risks ranked as the second biggest concern for all businesses.

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