Commercial Lines
Executives On The Move at Liberty Mutual, Marsh and Safety
Liberty Mutual's Liberty Mutual Re promoted an executive who now oversees business in Panama and the Andean Region. Marsh appointed a new head of Victor Insurance Holdings, its managing general ...
Aon, Willis Towers Watson Frame Merger as Way to Boost Innovation and Ability to Adapt
There are several talking points that are evident about the planned merger of broking giants Aon and Willis Towers Watson. First, it's not about getting bigger; it's about getting better. And, ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
U.S. Commercial Insurance Prices in Q4 Continued Their Accelerated Rise: Willis Towers Watson
U.S. commercial insurance prices continued rising at an accelerated pace in the 2019 fourth quarter, with the aggregate price change exceeding 6 percent, according to a new Willis Towers Watson ...
InsurTech INSTANDA Raises $19.5M to Expand Market for Customer/Policy Management Platform
INSTANDA, a London-based customer and policy management platform for the insurance industry, has raised $19.5 million in new financing designed to accelerate an international expansion. "Today's ...
The Latest Launches From Zurich and Encova Insurance
Zurich partnered with a California-based InsurTech to reduce claims cost, boost efficiency and fight fraud. Encova Insurance will partner with an InsurTech and use its AI-enabled platform for text ...
State Farm to Leave Banking Business Through New Strategic Alliance
State Farm is getting out of the banking business. The property/casualty insurer said it has formed a strategic alliance with U.S. Bank, allowing it to assume State Farm Bank's existing deposit and ...
U.S. P/C Net Underwriting Income Grew by Nearly $5B in 2019: A.M. Best
Net underwriting income for the U.S. property/casualty insurance industry in 2019 grew by $4.9 million from 2018, A.M. Best said in a new report. Underwriting income hit $4.1 billion in 2019, from a ...
Investor Sues Bayer, Alleging ‘Disastrous’ Monsanto Acquisition
A Bayer AG investor sued the board and other top company officials, claiming the "disastrous" 2018 acquisition of Monsanto Co. eroded the company's share value by saddling it with potentially ...