Industry News
East Coast Storm Prediction Adds Risk to Thanksgiving Travel
A coastal storm may spread more than 7 inches of snow from northern New Jersey through central Massachusetts while sparing New York City any deep accumulations for the Thanksgiving holiday travel ...
Hurricane Sandy Victims Allege Companies Manipulated Claims Reports
Wright National Flood Insurance Co. and U.S. Forensic LLC, an engineering firm, were sued by New York homeowners who claim the companies conspired to manipulate reports and avoid paying for damages ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
Insurers Fall Short in the Customer Relations Department: Ernst & Young
Insurers have considerable work to do in developing stronger, mutually beneficial relationships with their customers, according to a new survey. Consumers trust the insurance industry less than they ...
Liberty Mutual Launches New Cyber Coverage Products
Liberty Mutual is beefing up its commercial and business policies with enhanced, flexible cyber coverages – yet another major insurer responding to the growing risk of computer-related data ...
AmTrust Makes Offer for Specialty Auto Insurance Co.
AmTrust Financial Services will snatch up CorePointe Insurance Co., a deal intended to give it a better roster of specialty commercial auto insurance products. Neither side is disclosing financial ...
Nationwide Launches Small Biz Cyber Cover with HSB
Nationwide has joined forces with Hartford Steam Boiler to offer cyber insurance coverages for small business owners. The comprehensive services and coverages help small businesses respond to a data ...
CRC, AmWINS, Swett Gain Exclusive Access to New $25M Lloyd’s D&O Facility
Three of the largest U.S. wholesale firms, CRC, AmWINS Brokerage, and Swett & Crawford announced the launch of a new $25 million public D&O program at Lloyd's called the CAS Facility. The ...
Risk Point Launches Mobile Weather App for Auto Dealers Insurance Program
Last week, Risk Point, LLC announced the release of a weather alert application, Risk Point Alert, designed specifically for the auto dealer industry. Risk Point Alert sends push notifications to a ...