Personal Lines
Google Spins Off Self-Driving Car Project Into New Company
Google parent company Alphabet Inc. is separating its self-driving car project into a new business called Waymo, seeking to sharpen its focus on changing the transportation industry. John Krafcik, ...
American Family’s Mutual Holding Company Conversion on Track for Early 2017
Policyholders of American Family Mutual Insurance Co. (AFMIC) have voted to approve the company's plan to convert its corporate structure to a mutual holding company. Madison, Wis.-based American ...
NAIC Brings on Former Penn. Commissioner Consedine as New CEO
The National Association of Insurance Commissioners picked a former Pennsylvania Insurance Commissioner as its new CEO. Michael Consedine, who will take on his new role in early 2017, said in ...
Zurich to Acquire Australian Travel Insurer Cover for $551M
Switzerland's Zurich Insurance Group has agreed to buy Australia's biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian ...
Crawford & Co. Buys Majority Stake in WeGoLook for $36.1M
Crawford & Co. disclosed it has acquired a majority interest in WeGoLook, an online and mobile collaborative economy platform based in Oklahoma. Crawford, a provider of claims management products ...
Michigan’s Auto-Owners Insurance Proposes Affiliation With New Hampshire’s Concord General Mutual
Auto-Owners Insurance, a Lansing, Michigan, based insurance provider, has announced its proposed affiliation with the Concord, N.H., based Concord General Mutual Insurance group of companies. The ...
La Niña Will Chill Northern U.S., Dry Out the South Through Winter
A La Nina that threatens to push cold temperatures across the northern U.S. and extend drought conditions in the south will probably remain in the Pacific deep into the winter, fading away by spring, ...
Insurability Challenges Hamper Cyber Market Development: Geneva Assoc. Report
While insurance against cyber risk represents a tremendous new business for the insurance industry, numerous problems with the insurability currently impede the development of the market," according ...