The Pennsylvania Bar Association (PBA) has selected commercial insurance writer CNA as the exclusive, endorsed professional liability (PL) insurance carrier, following the recommendation of USI Affinity. CNA Underwriting vice president ...
Tags: PBA, CNA, Insurance Carrier
Lighthouse Casualty Insurance Company (Lighthouse), an Illinois-based non-standard automobile insurer, has selected Insuresoft's Diamond System Suite for policy administration, underwriting, billing, and claims management. Lighthouse ...
Tags: Lighthouse Insurance, Insurance
Tier one multinational insurance carrier has selected Cover-All’s Policy and Studio solutions as an enterprise platform to handle its strategic commercial lines business for their US operations. The solutions have been selected ...
Tags: Tier 1, Insurer, Studio Products
Q. My Medigap policy was cheap when I bought it but it's expensive now that I'm 76. I tried to switch to a cheaper plan but was turned down because of some health conditions. Will health care reform prevent Medigap plans from doing this? ...
Tags: Health Reform, Medigap Plans, Medicine
Canadian mutual insurance firm Wawanesa Mutual Insurance Company has chosen Guidewire’s PolicyCenter and BillingCenter as its new underwriting and policy administration technology and to manage its billing operations, respectively. ...
Tags: Wawanesa, Guidewire Technologies, Insurance Operations
Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
Great American Insurance Group has introduced new professional liability division to offer Errors and Omissions (E&O) liability insurance coverage across the nation excluding Louisiana, Alaska and Hawaii. Based in the New York area, the ...
Tags: Great American Insurance, Liability Division, Insurance
Canada-based Workplace Safety and Insurance Board (WSIB) has selected Guidewire InsuranceSuite solution for rating, underwriting, policy administration, billing, and claims management. WSIB will deploy InsuranceSuite to increase customer ...
Tags: Insurance Board, WSIB, Insurance
Tokyo-based diversified conglomerate Itochu Corporation has entered into an agreement with Asahi Mutual Life Insurance to jointly set up a marketing company that will engage in market development, development of sales channels, and sales ...
US-based non-standard auto insurance products provider, Personable Insurance has selected iPartners' Business Intelligence & Data Warehouse Solution to support its rapid growth. Selection is based on the solution's ease-of-use and quick ...
Tags: intelligence solution, auto insurance products, auto insurance
Dutch insurance firm ING Group has sold its 26% stake in ING Vysya Life Insurance Company to its joint venture partner Exide Industries for an undisclosed amount. The deal, which was originally inked in January this year, is a part of a ...
Tags: Life Insurance, Insurance, insurance firm
Argo Group International, a Bermuda-based underwriter of specialty insurance and reinsurance products, has appointed Thomas A. Poland as vice president. Based in Colony Specialty's Alpharetta, Georgia office, Poland will lead the Colony ...
GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has priced its underwritten public offering of 10,000,000 shares of its common stock (announced on 13 March) at $2.00 per share. ...
Tags: broadband wireless, wireline communications, Anadigics
UK insurance firm Amlin has completed acquisition of RaetsMarine, a Rotterdam-based underwriting agency for $65m, as part of a strategy to grow its Marine business. Payment will be divided between 50% cash and 50% new Amlin shares, with ...
Tags: Amlin, RaetsMarine, insurance
New York-based private equity firm Southport Lane has acquired property and casualty insurer Dallas National Insurance in Texas, for an undisclosed sum. As per terms of the agreement, which was originally signed in May 2012, the acquirer ...
Tags: National Insurance, insurer, Insurance