Great Bay Insurance Group names new presidents in leadership shift

Great Bay Insurance Group names new presidents in leadership shift

Lovatt, who has 40 years of insurance industry experience, was a founding member of the group. He has worked in leadership roles with international, national, regional, and start-up insurance companies. In addition to his new role as president of Great Bay Insurance Company, he currently serves as chief underwriting officer and chief claims officer for…

Third Cornerstone: Change

Third Cornerstone: Change

Embracing CHANGE at CH Insurance Your business is experiencing change. Your family and your community are changing. Just like for you, at CH Insurance, change isn’t just inevitable, it’s essential. Building on our first two cornerstones of Conversation and Collaboration, we introduce our third: CHANGE. As we continue to super-serve the communities we live and…

Markel names Simon Wilson CEO of reorganized insurance division

Markel names Simon Wilson CEO of reorganized insurance division

In January 2020, he was named managing executive of global strategy, supporting underwriting operations across the company. Since becoming president of Markel International in 2021, the division has seen a nearly 40% increase in gross written premiums and a more than 250% rise in net underwriting profit. Before joining Markel, Wilson led the Lloyd’s Asia…

Fourth & Final Cornerstone: Community

Fourth & Final Cornerstone: Community

Introducing the final cornerstone of CH Insurances’ Four Cornerstones: Community! 🌟 After embracing Conversation, Collaboration, and Change, we now celebrate what we feel is the heartbeat of CH —Community. This cornerstone is all about building connections that matter, supporting each other, and enriching lives both within and outside our company. Together, we’re more than just…

Mutual Capital Group completes acquisition of ICC Holdings

Mutual Capital Group completes acquisition of ICC Holdings

Established in 2009, MCG’s subsidiaries include Mutual Capital Analytics, Inc., Mutual Capital Investment Fund, LP, Mutual Capital Services, Inc., Tuscarora Wayne Insurance Company, Keystone National Insurance Company, Lebanon Valley Insurance Company, Glacier Auto Insurance Company, and Glacier Insurance Agency. Source link

CH Insurance: Sustaining Five-Star Customer Service

CH Insurance: Sustaining Five-Star Customer Service

Hello, CH Insurance family and friends! You may have seen the Four Cornerstone Series this past month – if you haven’t I encourage you to visit our social platforms to watch. When you read the online reviews and true stories that our clients and partners share, you’ll begin to connect the dots on how we…

The Top Risks in Your Field

The Top Risks in Your Field

From equipment theft to chemical exposure, the lawn care industry is not without its fair share of risks. Lawn care companies typically face three primary risks: general liability, commercial automobile exposure, and worker safety. Protecting your lawn care business from risks is not just about compliance—it’s about ensuring long-term success. By understanding common industry risks…

LIC Bonus Rates -2022 – 23 |Explained with Charts and Illustrations

LIC Bonus Rates -2022 – 23 |Explained with Charts and Illustrations

Loyalty additions are paid as a one-time benefit in some policies in lieu of a simple reversionary bonus (SRB). The main difference is that, unlike the simple reversionary bonus, which becomes a part of the policy benefits as and when it is declared, loyalty additions shall be available to the policyholder only at the time of exit from the policy….

A Guide for New York Employers

A Guide for New York Employers

Managing seasonal employees becomes crucial as businesses gear up for the busy summer season. From compliance with complex state and federal employment regulations to performance management, various aspects must be considered to ensure a productive and harmonious workplace throughout the summer months. Seasonal employees in New York are subject to the same regulations as other…

Central’s Regional Large Construction Underwriting Specalist

Central’s Regional Large Construction Underwriting Specalist

Central’s large construction team is growing, and at the heart of this expansion is Brian Shaffer, construction underwriting specialist. With nearly 25 years of experience in insurance—most of it specializing in construction underwriting—he brings a wealth of knowledge, strong industry relationships, and a deep commitment to delivering value to policyholders and agents. We sat down…

Secure Your Future with LIC’s Dhan Vriddhi (869): A Comprehensive Guide with Illustrations and Benefit Analysis

Secure Your Future with LIC’s Dhan Vriddhi (869): A Comprehensive Guide with Illustrations and Benefit Analysis

This extra insurance called “Accidental death & disability rider” helps if the insured has a permanent disability or dies unexpectedly from an accident. It’s useful if you work in a high-risk job, do extreme sports or travel often. It helps you pay for medical expenses, lost income because of the accident, lump-sum payment for costs,…

Allstate ordered to show bonus plans over storm damage claim refusal

Allstate ordered to show bonus plans over storm damage claim refusal

3. Discovery sanctions Chenevert also sought attorneys’ fees and costs as sanctions, arguing that Allstate’s discovery objections were improper. However, under Rule 37 of the Federal Rules of Civil Procedure, Whitehurst declined to impose sanctions, noting that while the court partially overruled Allstate’s objections, there was no clear evidence of bad faith in the discovery…

How the Back-to-School Season Impacts Time-Off and Sick Leave For Working Parents

How the Back-to-School Season Impacts Time-Off and Sick Leave For Working Parents

As the back-to-school season approaches, many of us feel the shift in routines. Whether navigating new school schedules, coordinating drop-offs and pick-ups, or managing extracurricular activities, this time of year often brings changes for employees that can ripple into the workplace. For employers, it’s the perfect time to proactively remind staff about essential workplace policies—particularly…

Electric Bicycles in Colorado – Bolder Insurance

Electric Bicycles in Colorado – Bolder Insurance

With the popularity of Electric Bikes, it’s important to understand the rules.  According to the Colorado General Assembly the following is how E-bikes are treated in the state of Colorado.Each County or City have additional rules and restrictionsFor the City of Boulder visit: HEREFor the City of Louisville visit: HERE The different types of E-bikes…

Central’s Loss Control Construction Specialist

Central’s Loss Control Construction Specialist

At Central Insurance, we understand construction businesses’ unique safety challenges. That’s why we’re dedicated to providing comprehensive risk management solutions to protect your team and your bottom line. We’re excited to introduce Shawn Gentry as our new loss control construction specialist to enhance our commitment to your safety. With over a decade of hands-on experience…

Empower Your Future with LIC’s Jeevan Kiran (Plan 870): A Zero Cost Term Assurance Plan

Empower Your Future with LIC’s Jeevan Kiran (Plan 870): A Zero Cost Term Assurance Plan

In conclusion, LIC’s Jeevan Kiran Plan (No. 870) emerges as a beacon of financial security, catering to the diverse needs of individuals and families alike. With its flexible premium options, policy terms, and substantial life coverage, the plan paves the way for a stable and prosperous future. The unique maturity benefit, which returns the total…

GETTING YOUR HOME AND AUTO READY FOR THE CHANGING SEASONS

GETTING YOUR HOME AND AUTO READY FOR THE CHANGING SEASONS

Moving from Summer to Fall brings many changes: back to school, leaves changing colors, football, cooler weather, etc.  It’s also a time to prepare your home and auto for the colder months ahead. Here are some essential tips for homeowners: 1.        Clean Your Gutters – remove leaves and debris to prevent clogging, which can lead…

Why LIC’s Jeevan Utsav(Plan 871) is More Than Just Life Insurance

Why LIC’s Jeevan Utsav(Plan 871) is More Than Just Life Insurance

Description: ‘Sum Assured on Death’ plus accrued Guaranteed Additions, payable if the policy is in force. In LIC’s Jeevan Utsav Plan 871, the “Sum Assured on Death” is a crucial component of the death benefit. It’s essentially the guaranteed amount paid to the beneficiaries if the insured person passes away. This sum is the higher…

CH Insurance, Your LOCAL Partner for Insurance, Risk Management & Group Benefits

CH Insurance, Your LOCAL Partner for Insurance, Risk Management & Group Benefits

Massive shifts have transformed workplaces and the world, including the insurance industry. From the advent of AI and digital innovations to evolving customer expectations, each era has brought challenges and opportunities within the insurance industry. Spanning multiple generations, the CH Team has talented people with unique perspectives and skills. While our beliefs may differ, the…

What You Need to Know

What You Need to Know

As a contractor in the Midwest, you know the challenges that come with the job—unpredictable weather, long winters, and the need for solid coverage to protect your business and employees. The risks can be significant whether you’re working on a commercial build or a smaller residential project. At Central Insurance, we understand these challenges and…

Comprehensive Analysis of Life Insurance Claim Settlement Performance in India: Top Performers and Areas of Concern for 2022-23

Comprehensive Analysis of Life Insurance Claim Settlement Performance in India: Top Performers and Areas of Concern for 2022-23

• Number of Claims Settled: 9,22,207 •Amount of Claims Settled: ₹19,327.63 crore •Claim Settlement Ratio: 98.52% •Repudiation Ratio: 0.87% •Pending Claims Ratio: 0.08% •Analysis: LIC continues to dominate the life insurance market with the highest number of claims settled and a substantial amount of payouts. Its high claim settlement ratio, coupled with a low repudiation…

Wildfire fallout – insurers set to reassess risk, tighten policies in California

Wildfire fallout – insurers set to reassess risk, tighten policies in California

“Clearing dead plants, removing wooden furniture, (these are) things people might overlook outside forested areas,” said Heron. “There will be more focus on how homes are rebuilt and the materials used, especially roofing. If a roof isn’t fire-rated to a certain degree or is past a certain age, insurers may change terms, offering actual cash…

CH Insurance is hiring…Where Every CHampion Belongs

CH Insurance is hiring…Where Every CHampion Belongs

Ready for a CHange? CH Insurance is expanding our team in 2025! Team Strength Have you ever heard of the “OLIVUS” principle? Our Corporate Storyteller, Angela Moonan, has worked on it with our team for many years. At the heart of the OLIVUS Principle rests the notion that all of us are better together, than…