Industry News
Progressive Introduces Insurance Comparison Quoting Platform for Small Business Owners
Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer's new online BusinessQuote Explorer ...
AIG’s Duperreault Promises a Full Year of General Insurance Underwriting Profit, Catastrophes or Not
American International Group President and CEO Brian Duperreault insists that the insurer's General Insurance unit will generate an underwriting profit through all of 2019. During the insurer's May 7 ...
The Latest Launches From International General and AmWINS
International General Insurance Holdings Ltd. now offers intellectual property insurance. AmWINS Group Inc. and its newly acquired MGA started a commercial property flood product designed to end ...
Acquisition Alert: Generali Seeking Small and Medium-Sized Targets
Italy's biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up ...
Nationwide, Ryan Specialty Form New Bermuda Reinsurer
Ryan Specialty Group (RSG) and Nationwide announced they have formed a new Bermuda reinsurance company, Geneva Re Ltd. Columbus, Ohio-headquartered Nationwide will own 50 percent of the venture with ...
At Long Last, AIG Achieves a General Insurance Unit Underwriting Profit
Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since ...
Carriers, Agents Gain Plenty by Keeping Small Biz Customers Happy With Claims Processing
If carriers and agents can handle their small business clients' claims well, they could be better positioned to keep their customers happy. Approximately 94 percent of small business owners who said ...
‘Project Owl’ Wi-Fi Network May Be Easy Way to Save Lives During Natural Disasters
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny ...