Mutual of Omaha, a US-based insurance company, has unveiled a new Critical Illness insurance product that allows employers to extend their benefits coverage, while providing employees with added protection for critical illness. Providing ...
Tags: Insurance, Mutual of Omaha
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group
SCOR Global Life Americas (SGLA), a reinsurance solutions provider, has appointed Scott Boug as senior vice president for Financial Solutions and deputy head of SCOR Global Life Financial Solutions. Scott will lead the structuring ...
ACE Risk Management, a casualty division of ACE USA, has updated its interactive web-based portal ACE Accelerator to allow users to electronically sign their state UM/UIM coverage election forms. Introduced in 2012, the portal was ...
Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has signed a deal to purchase the Giles Group of Companies (Giles) of London for an undisclosed amount. Giles is an independent retail broker ...
Tags: Arthur J Gallagher, Giles Group
This is the second suit that Microsoft has won against Motorola. A federal jury in Seattle has ordered Google's Motorola Mobility to pay $14.5m in damages to Microsoft after failing to license its patents at a reasonable rate. Microsoft ...
Tags: Motorola Mobility, Microsoft
RenaissanceRe Holdings, a Bermuda-based reinsurer of natural and man-made catastrophes, has signed a deal with Munich Re to sell its American weather and energy risk management unit, RenRe Energy Advisors (REAL). REAL offers a wide range ...
Tags: RenaissanceRe, Munich Re
SiS International (SEHK: 0529) announced the acquisition of the trust interest of Japanese five hotel properties at JPY 6.434 billion within internal resources and bank financing. The hotel properties are located in five different places ...
The Snap-on Diagnostics division of Snap-on Inc. is offering free training on its website to help technicians understand the features and functionality of its Vantage Pro component test meter. The training module covers controls, ...
Tags: Auto Parts, Training
Keystone Insurers Group (KIG), a Pennsylvania-based insurance firm, has expanded its presence in Georgia by adding a new partner Fallaize Insurance Agency of Norcross. With the addition of Fallaize, the total number of franchisees for KIG ...
Manulife Financial, a Canada-based financial services group, has expanded its CoverMe life insurance products with the addition of CoverMe Easy Issue Life insurance plan. Intended for adults, the Easy Issue is a 10yr life insurance plan ...
Tags: Manulife, Insurance Plan
New York-based risk and financial management firm Towers Watson has placed its reinsurance broking arm for sale. The company is also planning to rope in one of the Wall Street banks to sell the business. The sale price has not been ...
Tags: Towers Watson, Service
UK-based medical insurance firm Beazley has unveiled a new emergency evacuation insurance coverage, known as Beazley Flight, for its employees. Beazley Flight is a new kind of insurance-based solution that provides clients specialist ...
UK-based general insurance organization British Insurance Brokers' Association (BIBA) has selected chartered loss adjusters and claims specialist, QuestGates, to manage its new valuation facility. The new BIBA valuation facility will not ...
Tags: Valuation Facility, BIBA
The shipbuilding software FORAN will be one of SENER's main projects at DSEI 2013 The engineering and technology group SENER attends as an exhibitor the DSEI exhibition, the world's largest defense and security event, which is held from ...