In The News | Insurance

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  • Allianz Life to offer annuity products on Envestnet Insurance Exchange
    on 1st January 1970 at 12:00 am

    Allianz Life’s entire portfolio of annuity products will be available on the Envestnet Insurance Exchange, including both advisory- and commission-based annuities. The Envestnet Insurance Exchange, announced this past The post Allianz Life to […]

  • Higginbotham acquires aviation risk specialist Colt Risk Management
    on 1st January 1970 at 12:00 am

    CRMS’s personnel moved to Higginbotham’s office in Friendswood, Texas, giving it a combined staff of nearly 40 insurance and employee benefit professionals serving businesses and individuals. CRMS is The post Higginbotham acquires […]

  • Bain Capital in talks to buy UK insurer esure for €1.17bn
    on 1st January 1970 at 12:00 am

    The offer is for the entire issued and to be issued share capital of esure by Bain Capital. esure revealed that the private equity firm offered to acquire The post Bain Capital in talks to buy UK insurer esure for €1.17bn appeared first on […]

  • DARAG targets US and Bermuda/Caribbean run-off markets through new JV
    on 1st January 1970 at 12:00 am

    The JV, SOBC DARAG, combines the experience and capital access of DARAG with the local expertise of SOBC. SOBC DARAG has acquired Florida-based nonstandard auto insurance company Peachtree Casualty The post DARAG targets US and […]

  • MetLife launches open innovation challenge in Japan
    on 1st January 1970 at 12:00 am

    Participating insurtech startups will compete for a JPY10m ($9033m) contract to develop solutions across insurance value chains in areas such as customer engagement, sales, and operations, and to The post MetLife launches open innovation challenge […]

  • SNIC Insurance selects TCS BaNCS for digital transformation strategy
    on 1st January 1970 at 12:00 am

    TCS BaNCS is expected to improve SNIC’s competitive advantage by supporting general and medical insurance, financials and business intelligence. By using the core platform, SNIC will be able The post SNIC Insurance selects TCS BaNCS for […]

  • CGIC completes acquisition of Humana’s $2.4bn LTC insurance business
    on 1st January 1970 at 12:00 am

    CGIC, which is the insurance subsidiary of HC2, is expected to expand its insurance investment portfolio to nearly $3.8bn of cash and invested assets, through the acquisition of The post CGIC completes acquisition of Humana’s $2.4bn LTC […]

  • Suncorp to sell Australian life insurance business to TAL for $538m
    on 1st January 1970 at 12:00 am

    Suncorp and TAL have entered into a heads of agreement in this regard and expect binding legal agreements to be shortly finalized. TAL said that the deal brings The post Suncorp to sell Australian life insurance business to TAL for $538m appeared […]

  • Hiscox to automate internal processes with Eigen’s technology
    on 1st January 1970 at 12:00 am

    Hiscox will deploy Eigen Technologies’ machine learning-driven classification and extraction technology, which is expected to improve the speed, accuracy and cost of two processes that currently rely on The post Hiscox to automate internal […]

  • American Medical Association urges DOJ to block $69bn CVS Aetna merger
    on 1st January 1970 at 12:00 am

    Made up of physicians, the AMA, in a letter written to DOJ, wrote that the CVS Aetna merger could lessen competition significantly across several health care markets, which The post American Medical Association urges DOJ to block $69bn CVS Aetna […]


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  • Newspaper: Sturgis Rally Traffic Deaths Likely Higher Than Official Count
    on 14th August 2018 at 4:55 pm

    A newspaper says the total number of traffic fatalities for this year’s Sturgis Motorcycle Rally in South Dakota may be higher than the state’s official count of four. The Rapid City Journal counted at least nine deaths associated with […]

  • Judge Dismisses Certain Claims in West Virginia Industrial Fire Suit
    on 14th August 2018 at 4:48 pm

    A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a class action […]

  • Nashville Grapples with Hepatitis A Outbreak
    on 14th August 2018 at 4:44 pm

    Tennessee health officials say at least 74 people have contracted hepatitis A in Nashville since last December. Nashville’s Metro Public Health Department said in a statement on Friday that it continues to work with state and local officials […]

  • In Louisiana, Fewer Homeowners Than Expected Seek Flood Aid
    on 14th August 2018 at 4:37 pm

    Louisiana expects to spend $649 million on homeowner rebuilding aid after the 2016 floods, only about half the federal money Congress set aside for the effort. The Advocate reports 44 percent fewer households than anticipated are expected to access […]

  • MJ Insurance Relocates Indiana Office, Unveils New Logo
    on 14th August 2018 at 4:34 pm

    Privately held independent insurance agency, MJ Insurance, has relocated its Indianapolis headquarters to 30,000 square feet at 571 Monon Blvd., located in the newly-expanded Midtown District of Carmel, Indiana. MJ Insurance has also unveiled a […]

  • Nearly Year After Harvey, Recovery Continues in South Texas Town
    by Lee Hayward on 14th August 2018 at 4:30 pm

    Armonie Brown in Refugio, Texas, pauses for a second when asked about Hurricane Harvey. The Corpus Christi Caller-Times reports Brown saw friends and teammates lose their homes and all their belongings, while the school he went to was heavily damaged […]

  • Journeay to Lead Austin Insurance Professionals for Coming Year
    on 14th August 2018 at 4:22 pm

    The Austin (Texas) Association of Insurance Professionals (AAIP) has elected Danny Journeay with Specialty Insurance Managers Inc. as president of the group for 2018/19. AAIP, which celebrates its 75th anniversary in 2018, installed new officers and […]

  • Burns & Wilcox Names O’Donnell Associate Managing Director in Minneapolis
    on 14th August 2018 at 4:15 pm

    Wholesale insurance broker and underwriting manager Burns & Wilcox has relocated and expanded its Minneapolis, Minnesota office, and appointed Tom O’Donnell as associate managing director. The office, which focuses heavily on specialty […]

  • Fires May Make It Harder for Homeowners to Get Insurance in California
    by Sarah Skidmore Sell  on 14th August 2018 at 4:10 pm

    California homeowners may find themselves facing insurance headaches even if their houses weren’t affected by this year’s blazes. The California Department of Insurance had already warned this year that the increasing number and severity […]

  • Flood Insurance Program Warns Flagstaff About Post-Fire Flooding
    on 14th August 2018 at 4:05 pm

    The Federal Emergency Management Agency’s National Flood Insurance Program is telling people in the Flagstaff area affected by a recent fire that they should protect their homes and families from flash flooding caused by summer rains. The […]


In The News | Insurance was last modified: February 17th, 2018 by admin