Filed Under:Claims, Auto

Around the P&C insurance industry: Feb. 10, 2016

(Photo: Shutterstock)
(Photo: Shutterstock)

Westchester, Ill.-based Insurance Auto Auctions Inc. (IAA) said it has launched, a tool for IAA Title Services clients that allows vehicle owners to track the progress of their total-loss claim.

Hartford, Conn.-based Hartford Steam Boiler Inspection and Insurance Co. (HSB) said it has introduced HSB Total Cyber, an insurance product for businesses with revenue of $10 million to $150 million.

Dublin-based insurance and reinsurance giant XL Catlin said it has introduced its Workplace Violence and Stalking Threat Insurance for mid-size companies. The policy covers expenses related to public relations counsel; psychiatric, medical or dental care; employee counseling; rehabilitation; personal accident; legal liability and business interruption.

East Windsor, Conn.-based online insurance seller Insuritas said that it will offer insurance policies through the England, Ark.-based Bank of England and Little Rock, Ark.-based Bank of England Mortgage.

New York-based insurance industry standard developer Association for Cooperative Operations Research and Development (ACORD) said it will hold its ACORD Insurance Innovation Challenge semi-final events at Global Insurance Accelerator's Global Insurance Symposium at the Iowa Events Center in Des Moines on April 16.

Chicago-based insurance brokerage Hub International Ltd. announced that it has acquired the assets of the New Lenox, Ill.-based Columbian Agency. Terms of the acquisition were not disclosed, but Columbian’s owners — Kevin Scanlon, Gary Eaton, Lee McWethy and Rob Kegley — will join Hub Midwest

Hub also announced that it has acquired San Francisco-based insurance brokerage and risk management consulting firm Equity Risk Partners Inc. Terms were not disclosed, but Equity Risk CEO Michael Marcon will join Hub and report to Roy Taylor, president of Hub’s U.S. Western Region.

Memphis, Tenn.-based claims management services company Sedgwick said it has been recertified as an Employer of Choice by the Austin, Texas-based Employer of Choice International.

Richmond, Va.-based Auto insurance comparison service said it began its first-ever national advertising campaign on Feb. 1. The "Agent Compare" branding campaign ads are running on Comedy Central, ESPNews, Fox Sports, MTV, TBS, USA and others. The campaign will run throughout 2016.

New York City-based global insurance brokerage and risk management firm Integro Ltd. said it has introduced professional liability/errors and omissions insurance coverage for healthcare entities against claims alleging bad faith, deceptive claims practices and failure/negligence in providing professional services of claims handling, adjusting and underwriting. Integro said the coverage is underwritten by Cove Program Underwriters.

New York City-based insurance startup Lemonade has announced that Everest, Hiscox, Munich, Transatlantic, XL Catlin and Berkshire Hathaway’s National Indemnity have agreed to be reinsurance partners for the peer-to-peer insurer.

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Around the P&C insurance industry: Feb. 3, 2016

News from Kennedys, Praxis Consulting, Hiscox and more.

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