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Insurance data exchange IVANS is hosting a series of regional meetings in early February for property & casualty insurance carriers to discuss their technology priorities for driving growth, gaining competitive advantage, and reducing the cost of doing business with agents.
Winston-Salem, N.C.-based bank BB&T Corp. says fourth-quarter net income in its insurance-brokerage business increased 4 percent over the previous year, primarily on the strength of the combination of acquisitions and P&C sales.
Verisk Analytics, a leading source of information about risk, has formed the Verisk Underwriting Solutions division in response to customers' desire for greater support of their underwriting processes and to develop an underwriting platform and solutions set.
Verisk Analytics, a leading source of information about risk, has formed the Verisk Underwriting Solutions division in response to customers' desire for greater support of their underwriting processes and to develop an underwriting platform and solutions set.
The Bermuda Monetary Authority reports a 50 percent year-on-year increase in new insurance registrations for Bermuda in 2011, with 54 new insurers recorded compared to 36 by the end of December 2010.
The Bermuda Monetary Authority reports a 50 percent year-on-year increase in new insurance registrations for Bermuda in 2011, with 54 new insurers recorded compared to 36 by the end of December 2010.
Louisiana Citizens Property Insurance Corp. has proposed a 10.5 percent overall increase to homeowners insurance rates in order to correct inadequate rates for wind-and-hail coverage, according to Richard Robertson, CEO of the state-run, last-resort insurer.
Transatlantic Holdings Inc. leads the latest group of insurers reporting losses related to the flooding in Thailand, with an expected $72 million hit to fourth-quarter results.
Progressive Insurance announced it is offering mobile quoting and selling capabilities to its more than 35,000 independent agents through the carriers agency-dedicated Web site, ForAgentsOnly.com. The site is now accessible from tablets, so agents can quote and sell personal passenger auto insurance anywhere, anytime.
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