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While property and casualty insurers have benefitted from favorable loss-reserve development in recent years, a Keefe, Bruyette & Woods analysis contends that accident years 2008 to 2010 are underreserved and that adverse development will result in the future.
Weather Central, a global provider of enterprise weather solutions and forecasting, announces an agreement with Progressive Insurance that will leverage the company’s Live:Wire HailZone data and radar analytics to provide advanced warning of severe hailstorms to drivers who sign up at www.progressive.com/weatheralerts.
Brown & Brown says it settled a non-compete suit with its former vice chairman and other former executives who left the firm to form Assured Agencies earlier this year.
A year-long legal battle with Nevada regulators has paid off for a risk-retention group in the form of a decision that should set a precedent for all RRGs, a trade association says.
A year-long legal battle with Nevada regulators has paid off for a risk-retention group in the form of a decision that should set a precedent for all RRGs, a trade association says.
American Modern Insurance Group is the newest member of the Trusted Choice consumer-branding program, the Independent Insurance Agents & Brokers of America announced last week.
American Modern Insurance Group is the newest member of the Trusted Choice consumer-branding program, the Independent Insurance Agents & Brokers of America announced last week.
Sapiens International, a provider of software solutions for the insurance industry, has signed a definitive agreement to acquire FIS Software Ltd. and IDIT I.D.I. Technologies Ltd., both providers of software solutions for the insurance industry.
There are significant gaps between what consumers want from their insurers and what they feel they are receiving, even though overall satisfaction levels are high, according to an Accenture survey of 7,000 people from 13 countries.
The Innovation Group, a provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive, and property industries, announces the company held its inaugural customer advisory board (CAB) meeting in Chicago, with senior executives representing twelve leading insurance companies using Innovation Group's software and BPO solutions.
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