EGI Financial (EGI) has inked a definitive stock purchase agreement with a specialty insurance firm, White Pine Insurance Company (White Pine), to dispose of its US non-standard automobile insurance operations. Based on the agreement, ...
Tags: EGI Financial
Allianz Life Insurance Company of North America (Allianz Life) has deployed Accenture’s life and annuity insurance software suite to support its new business and core policy administration needs for variable annuity products. The ...
Tags: Life Insurance
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index (IMI) for August, released recently. While this is ...
Tags: Construction, Decoration
Insurance services management provider National Catastrophe Adjusters (NCA) has purchased TURCO Claim Services (TURCO), for an undisclosed sum, expanding NCA’s commercial loss adjusting capabilities and daily claims services in ...
Tags: NCA Group
British multinational life insurance company Aviva and Bank Zachodni WBK have reached an agreement to expand their ongoing strategic partnership in Poland until 2033. As per terms of the agreement, the UK-based insurer will increase its ...
Tags: Aviva, Zachodni WBK
Manulife Financial has inked a contract to dispose of its life insurance business in Taiwan to CTBC Life Insurance Co (CTBC Life), a subsidiary of CTBC Financial. The acquisition of insurance operations of Manulife in Taiwan, which ...
Tags: Life Insurance, CTBC Life
The Philippines is planning to propose a mandatory insurance bill as the country is more prone to earth quakes due to its location on the Pacific Ring of Fire. The proposal, which is backed by Asian Development Bank with a $70m loan, aims ...
Tags: Philippines, Insurance Bill
They are called "accidents" because they are unexpected and unintentional, and as the saying goes, accidents happen. In fact, research shows that drivers can expect to be in a claim-worthy accident at least once a decade. Before your next ...
Tags: Auto Parts, Car Accident
Insurance provider WellPoint has agreed to pay a $1.7 million fine for exposing more than 600,000 personal records online due to weak database security, the U.S. Department of Health & Human Services (HHS) said Thursday. WellPoint, based ...
Tags: Computer Products, software
Careington International Corporation has signed an agreement with Metropolitan Life Insurance Company to offer a no-cost discount prescription card. Offered through MetLife's US Sponsored Direct business channel, the card allows members ...
Tags: Careington, No-Cost Discount Prescription Card, Metlife
Health insurer Health Insurance Innovations (HII) has rolled out HealtheMed STM plan (Short-Term Medical) in collaboration with HCC Life Insurance Company (HCC), which caters medical stop loss, group term and short term medical insurance. ...
Tags: Medical Insurance, HCC Life
Personal lines insurer Allstate Insurance Company has filed a $6.6m lawsuit against 47 durable medical supply entities and their respective individual owners in the US District Court for the Eastern District of New York. The 80 New York ...
Fidelity & Guaranty Life Insurance Company has introduced a traditional deferred fixed annuity named Simplicity Elite to the address needs of pre-retirees. Simplicity Elite series offers minimum guarantees and the guaranteed minimum death ...
From time to time I hear from readers who are convinced the Affordable Care Act will ruin us all financially. Not happening so far. Instead, it has already saved consumers billions. Exhibit A: In 2012, the law directly saved consumers ...
Tags: Obamacare, Health&Medicine
Freedom Specialty Insurance Company, a subsidiary of Scottsdale Insurance Company, has released the Freedom Lease Protection Plan policy for property owners and managers (POMs). The new policy is designed to help multifamily POMs against ...