insurance products

• NIMA Offering States Limited 'Associate Membership' at No Cost

  By Elizabeth D. Festa  |  April 10, 2013

  The Nonadmitted Insurance Multistate Agreement is now offering states an associate membership at no cost for one year, banking on the prospect that states will see that they are leaving money on the table, and join up.

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  Telematics: Trouble or Tipping Point for Midsized Carriers?

  By Michael P. Voelker  |  April 4, 2013

  Despite the far-reaching promise of telematics in insurance, fewer than two dozen carriers have managed to bring a telematics solution to market in North America in either personal or commercial auto.

• SeaPass Changes Name to Bolt Solutions, Launches Bolt Platform

  By Staff Writer  |  April 2, 2013

  SeaPass Solutions, Inc., announces it has changed the company's name to Bolt Solutions Inc., effective immediately. The Bolt name better captures the company's new positioning and supports its strategy going forward, according to the company.

• Deloitte: Insurance Industry Primed for M&A Activity

  By Mark Ruquet  |  March 29, 2013

  A report from consulting firm Deloitte says the insurance industry appears to be primed for significant merger-and-acquisition activity in 2013, following a 20 percent year-over-year drop last year.

• Ceres: Insurers Acknowledge Climate Change, but Are Not Prepared for Threats

  By Anya Khalamayzer, PropertyCasualty360  |  March 29, 2013

  Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

• Tokio Marine President-Elect Nagano Eyes More Overseas Deals

  By Taiga Uranaka, Reuters  |  March 26, 2013

  The president-elect of Tokio Marine Holdings Inc, Tsuyoshi Nagano, says that Japan's largest property-casualty insurer by market value will continue to aggressively pursue overseas acquisitions amid weak growth prospects at home.

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  The World’s 5 Most Ethical P&C Insurance Companies

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 18, 2013

  An insurance broker, three P&C insurers and a major insurance/reinsurance company were among 145 companies designated as the World’s Most Ethical Companies by the international think-tank Ethisphere Institute. Click to see the 5 most ethical P&C insurance companies in the world.

• NARAB II introduced in House and Senate

  By Elizabeth D. Festa  |  March 13, 2013

  Bipartisan legislation to introduce National Association of Registered Agents & Brokers Act of 2013 (NARAB II), which would streamline the insurance agent licensing process legislation has been introduced in both the House and the Senate with a Senate Hearing scheduled for next week, a watershed legislative event for the insurance...

• Deloitte: Insurance Industry Primed for M&A Activity

  By Mark E. Ruquet, PropertyCasualty360  |  March 13, 2013

  A report from consulting firm Deloitte says the insurance industry appears to be primed for significant merger and acquisition activity following a 20 percent year-over-year drop last year.

• Who's Using What: Insurance Software Implementations

  By Robert Regis Hyle, PropertyCasualty360.com  |  March 12, 2013

  Farm Mutual Reinsurance Plan Inc. (FMRP) has completed the first stage of implementation of the RC Inspection software solution from Risk Control Technologies, Inc., aimed at streamlining internal loss control operations. The initial rollout will allow underwriters at any of the FMRP member companies to enter survey requests for business...

• Ceres: Insurers Acknowledge Climate Change, but Are Not Prepared for Threats

  By Anya Khalamayzer, PropertyCasualty360  |  March 11, 2013

  Insurers across all sectors are acknowledging the impacts of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

• New Hires and Promotions at Vertafore, The Hartford, Lockton, Hylant and More - Around the Industry

  By Staff Writer  |  February 28, 2013

  New programs from Allied World and The Mechanic Group, NAS Insurance Services, ISO and Victor O. Schinnerer & Co.

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  Philadelphia Insurance Names Bob O’Leary as New CEO

  By Staff Writer  |  February 5, 2013

  Philadelphia Insurance has named Robert O’Leary as its new president and CEO, effective immediately. O’Leary previously served as the carrier's executive vice president and chief marketing officer. Sean Sweeney, in office for just a month, is stepping down as CEO of PHLY for personal reasons.

• AIG-Related Insurer Fined Nearly $6M for ‘Unfair Business Practices’

  By Claims Staff  |  January 28, 2013

  As National Union Fire Insurance Co. of Pittsburgh now knows first-hand, the cost of non-compliance is steep.

• New Hires and Promotions at Barney & Barney, Jimcor, GMI Insurance and More - Around the Industry

  By Staff Writer  |  January 24, 2013

  New programs from Travelers, Insight Specialty Programs and Ironhealth, Burns & Wilcox joined Trusted Choice and The California Dept. of Insurance named its first visiting fellow.

• Insight Partners with GoAgents.com

  By Staff Writer  |  January 23, 2013

  Insight Specialty Programs (ISP), a developer and marketer of insurance, non-insurance and telematics products and services, announce a partnership with GoAgents.com, a cloud-based distribution platform that provides agents with a set of online tools to cross-sell insurance related products to their existing base of personal and commercial lines policyholders.