Personal Lines
Carriers Expected to Pursue M&A in 2020 Despite Uncertain Economy: Deloitte
Despite a sharp decline in M&A activity in 2019 and continuing economic uncertainty, more than half of the executives surveyed by Deloitte still expect to complete an M&A transaction in the ...
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 ...
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 ...
Dummies Lead Challenging Lives
Crash test dummies at the Insurance Institute for Highway Safety have their own home. They "live" in what is known as the "dummy calibration room," a bright industrial space containing whole ...
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 ...
New York Residents Can Buy Travel Insurance With Coronavirus Protections
Travel insurers and travel agents will offer New York residents and businesses the ability to buy coverage that would allow them to cancel a trip for any reason, including those related to ...