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Texas Farm Bureau Insurance | April 29, 2020
Texas Farm Bureau Insurance (TFBI) is refunding more than $20 million to it auto insurance customers, in response to the decrease in accidents following COVID-19 social distancing rules. A release explained that the company’s auto insurance policyholders will be credited and/or refunded 15% of their insurance premiums for two months. Those credits/payments will begin May 15, 2020. Policyholders will not need to take any action to claim their credit refund, TFBI said. For thos...
Core Insurance, Risk Management
Inszone Insurance | March 08, 2023
On March 7, 2023, Inszone Insurance Services announced the conclusion of its acquisition of Donna Ledwick Insurance Services, previously owned and operated by Donna Ledwick. The move is part of Inszone Insurance's plan to increase its national reach and solidify its position as one of the best insurance companies in the United States. Donna Ledwick expressed, "I'm excited to join forces with Inszone Insurance, which will enable us to better meet the demands of our c...
Traveler | April 22, 2020
Travelers has reported a 25% drop in quarterly profit. The company also warned that potential claims for compensation coverage for furloughed and laid-off employees would impact its results for the year, according to a Reuters report. With the coronavirus pandemic weighing on the economy, millions of Americans are now jobless. Travelers said it might see “elevated claims frequency and severity” for its workers’ compensation line of business as states expand workers’ comp ...
Renaissance Alliance | March 11, 2020
Renaissance Alliance Insurance Services has announced that two new independent agencies have joined its New England network: Oak Tree Insurance Agency in Shrewsbury, Mass., and Reardon Insurance in Waterford, Conn. Oak Tree Insurance Agency was founded in 2007. Lisa M. Griffiths is the agency principal. Reardon Insurance, a family-owned and operated agency, was founded in 1967. Kevin S. Reardon is the owner and president. “We welcome these two excellent agencies as members in our network a...
Core Insurance, Insurance Technology
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