News

U.S. insurer Nationwide Mutual Insurance Company is seeking to raise $200 million protection for hurricanes and earthquakes in the United States by selling a catastrophe bond through Cayman Islands-based vehicle Caelus Re.

ICG Group, Inc., announces it has increased its primary ownership in SeaPass Solutions, a provider of web-based insurance distribution solutions to the property & casualty insurance industry, from 38 percent to 52 percent. The ownership increase was achieved by purchasing equity stakes from existing holders for a total of $13...

ICG Group, Inc., announces it has increased its primary ownership in SeaPass Solutions, a provider of web-based insurance distribution solutions to the property & casualty insurance industry, from 38 percent to 52 percent. The ownership increase was achieved by purchasing equity stakes from existing holders for a total of $13...

State Auto Financial Corp. has taken an aggressive stance on homeowners insurance since 2009 -- getting increased rate and reducing risk concentration in certain areas -- but the companys chief executive says there is a long way to go before he will feel good about the line, if he ever...

State Auto Financial Corp. has taken an aggressive stance on homeowners insurance since 2009 -- getting increased rate and reducing risk concentration in certain areas -- but the companys chief executive says there is a long way to go before he will feel good about the line, if he ever...

The Innovation Group announces the latest release of its Innovation Insurer Suite, a platform that enables business change, responsiveness, growth and profitability through insight, innovation and performance for property & casualty insurers with any line of business and size.