Auto and home insurance agency Answer Financial is making its insurance comparison platform available to online loan marketplace LendingTree's users. LendingTree customers will be able to compare insurance rates, coverages and customer reviews using Answer Financial's online platform.
Mariela Perez-Pennock has been elected chair and voting member of the Public Relations and Public Outreach Committee of the Florida Property and Casualty Insurance Fraud Task Force. Perez-Pennock serves as special investigations unit manager with Olympus Insurance Company.
Insuritas has been hired by Corning Federal Credit Union to install its E-InsuranceAISLE, LoanINSURE and SmartCART Technology platforms. Corning serves over 101,000 members across the U.S. and overseas and operates 13 offices on the East Coast.
Investment firms KKR and Caisse de dépôt et placement du Québec (CDPQ) have acquired USI Insurance Services from Onex Corporation in a transaction that values USI at $4.3 billion. KKR and CDPQ will have equal ownership of USI.
The Professional Insurance Marketing Association (PIMA) has released the 2017 edition of its Advertising Compliance Manual. The manual is provided to members for free but is available for sale to non-member organizations for only $695. For more information or to order, visit http://www.pima-assn.org.
The IHC Group has repurchased 170,000 shares of its common stock for $19.50 per share, for a total of $3,315,000, bringing the total number of shares purchased in three private transactions this year to 703,000 shares. IHC has been repurchasing stock in open-market purchases under its repurchase program.
Crop insurer Producers Ag Insurance Group Inc., part of Tokio Marine HCC, has acquired crop managing general agent International Ag Insurance Solutions Inc. The transaction is expected to close by April 3.
Itasca, Illinois-based insurance brokerage and risk management services company Arthur J. Gallagher & Co. has acquired Novato, California-based Farallone Pacific Insurance Services LLC. Terms of the transaction were not disclosed.
The Hanover Insurance Group has release an online risk management portal HanoverProRisk for agents. The portal is accessible via The Hanover's The Agency Place.
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