Back in December, Progressive Insurance announced a licensing program for the carriers intellectual property related to usage-based car insurance programs that will begin in 2015. As a follow-up to that announcement, Tom Hollyer, Progressives national product development leader, addressed several issues about Progressives licensing plans via email.

Cochrane & Co. acquired J. L. Von Arx and Associates, Connecture Inc. acquired DRX, Real Time set a date for second Real Time Day, The National Alliance for Insurance Education & Research expanded course offerings to 8 more states.

Data aggregator Property Claims Service upped its insured loss estimate from superstorm Sandy to $18.75 billion, leaving investors in a catastrophe bond issued by Swiss Re facing possible losses.