EMC Insurance Exits Personal Lines Business; Safeco to Accept Accounts from Agents

Liberty Mutual’s Safeco word has concluded to accept a $132.5 million in personal lines business of Iowa-based EMC Insurance Companies. Safeco is charity EMC’s eccentric agents a event to transition their EMC personal lines policies to Safeco commencement a initial entertain of 2019. Des Moines-based EMC pronounced it has motionless to dedicate itself to a […]

Risk Strategies Acquires Maryland’s Arkin Youngentob Associates

Risk Strategies, a secretly held, inhabitant word brokerage and risk supervision firm, has acquired Arkin Youngentob Associates, a full-service worker and executive advantages organisation headquartered in Bethesda, Md. Terms of a understanding were not disclosed. Founded in 1981, Arkin Youngentob has imagination in artistic pattern and swap appropriation structures for advantage plans. Its concentration industries […]

Connecticut Approves 17% Workers’ Comp Rate Cut for 2019

The Connecticut Insurance Department has authorized a scarcely 17 percent diminution in rates for workers’ remuneration insurance, imprinting a fifth uninterrupted year that rates have forsaken in Connecticut. “This solid dump – scarcely 50 percent over a final 5 years – has helped business owners with one of their vicious handling costs – workers’ remuneration […]