Mercury Insurance announced that the company is sponsoring four artists to bring live performances to fans and music lovers. Music — both performing and listening to it — can be therapeutic and a welcome distraction from a life spent entirely at home, which is the current reality for the majority of Americans. The Mercury Insurance Concert Series kicked off on May 8, 2020, and fans can watch the performances by visiting www.mercuryinsurance.com/MICS. Featured musicians for the Mercury Insurance Concert Series include:
- Jordan Rudess
- Chord Overstreet
- Flo Chase
- Emily Coupe
IMA Financial Group completed its acquisition of ESS NexTier Insurance Group, a similarly structured practice with four offices throughout Pennsylvania. The acquisition expands IMA's energy practice by adding natural gas capabilities to IMA's existing expertise including onshore and offshore operations and international exploration.
Progressive Insurance announced that it has committed $46 million in advances and donations to provide additional support to independent agents during the COVID-19 pandemic. Progressive's Extraordinary Payout Advance includes more than $43 million in bonus advance opportunities to provide early access to revenue that partner agencies may need to power through an uncertain business environment. Progressive Platinum, Priority, and other eligible agents can opt-in to receive an interest-free advance on their 2020 Performance Bonus payout, helping ease liquidity concerns due to the current pandemic. Funds will be accessible starting in May 2020.
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