Since its founding in 1889, the Insurance Advocate® has been the magazine that covers the people and issues affecting the insurance industry in New York, New Jersey, Eastern Pennsylvania, Connecticut and beyond.
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World Insurance Associates Acquires CDR Insurance Group Inc.
World Insurance Associates LLC (“WIA”), a Top 50 Insurance Brokerage, announced today that it acquired CDR Insurance Group, Inc. (“CDR”) of Waterbury, CT on October 1, 2022. Terms of the transaction were not disclosed. CDR was founded in 1992, by Rick Rice. Today they provide commercial and personal insurance products and services to customers in […]
Falcon Risk Services Launches Four Primary Products
Falcon Risk Services (“Falcon” or the “Company”), the US Financial, Professional and Cyber lines MGA has announced the launch of four new primary products: public company D&O, private company D&O (EPL & Fiduciary), lead side A DIC, and investment management liability. Along with the launch of these new primary products, Falcon has expanded its capabilities […]
Florida’s Temporary Market Stabilization Arrangement Accepted by Fannie Mae and Freddie Mac
The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) noticed all of its Single-Family Sellers/Servicers with guidance on the acceptance of property insurance policies in Florida, in conjunction with the Florida Office of Insurance Regulation’s (OIR) establishment of the Temporary Market Stabilization Arrangement. The Fannie Mae Lender Letter […]
Jewelers Mutual Group Spearheads Movement to Reduce Jewelry Crime
Jewelers Mutual® Group, the insurance and business solutions provider, dedicated to the jewelry industry since 1913, is leading a movement to curb the rise of jewelry crime in the U.S. and Canada. Partner for Protection is a rallying cry, encouraging jewelers to take collective action against crime by staying vigilant in their jewelry communities and holding themselves accountable to […]