News
CinFin Eyeing High-Net Worth Market Biz Expansion
Late last week, Cincinnati Financial Corporation announced a five-year plan for its lead property/casualty insurance subsidiary, The Cincinnati Insurance Company, to bring enhanced insurance products ...
Virginia Becomes First State to Join Guardrail Maker Whistleblower Lawsuit
Virginia joined a whistleblower lawsuit against Trinity Industries Inc. over an allegedly defective guardrail system, becoming the first state to say it will seek to claw back money spent on the ...
When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever...
2015 Tech Trends: Data Accessibility, Mobile and Migration
It's an exciting time in technology, and the rapid pace of innovation is inspiring, empowering and challenging the insurance industry. Technology mega-trends continue to offer great opportunities for ...
Allianz Announces New Leadership for Fireman’s Fund, AGCS NA Combo
German insurance giant Allianz announced a new team that will lead the combined Fireman's Fund and Allianz Global Corporate & Specialty North American business beginning in 2015. Andrew Torrance, ...
‘Bot’ Fraud Costing Digital Advertisers $6B: Research Report
Almost one-fourth of video ads and 11 percent of display ads are viewed by fake consumers created by cyber crime networks seeking to take a chunk of the billions of dollars spent on digital ...
Allianz Names Moossmann Fireman’s Fund CEO, Replacing Torrance
Allianz SE named a new chief executive officer for its Fireman's Fund unit as Europe's largest insurer prepares for a possible sale of the business and narrows its focus in the U.S. Art Moossmann, a ...
Specialty Insurer James River Raises $231M in IPO
James River Group Holdings Ltd., the specialty insurer backed by hedge fund company D.E. Shaw & Co. and Goldman Sachs Group Inc., raised $231 million in an initial public offering, pricing its ...
Kemper Eyes California Auto Expansion With $70M Alliance United Bid
Kemper Corp. will snatch up Alliance United Group and its subsidiaries for about $70 million, a move that fuels a California expansion for the company. Assuming regulatory and other conditions can be ...