Guidewire to Acquire Insurance Cloud Software Firm ISCS for $160 Million December 19, 2016 By Andrew G. Simpson Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160...
Allstate Continues Its Technology Drive, Invests in Autonomous Vehicle Research at Stanford December 15, 2016 By Andrew G. Simpson Allstate Insurance Co., the nation’s largest publicly-held personal lines insurer, is continuing its drive into new technology, agreeing to a...
Urine Test for Fatigue Could Help Prevent Accidents December 8, 2016 By Andrew G. Simpson Doctors, pilots, air traffic controllers and bus drivers have at least one thing in common — if they’re exhausted at...
Insurtech Lemonade Wins $34 Million in New Funding As It Readies for West Coast Expansion December 5, 2016 By Andrew G. Simpson Lemonade, the home and renters insurance company run by artificial intelligence and behavioral economics, announced a $34 million B round...
Liberty Mutual to Acquire Ironshore from China’s Fosun for $3 Billion December 5, 2016 By Andrew G. Simpson Liberty Mutual Insurance has agreed to acquire specialty lines insurer Ironshore Inc. from China’s Fosun International Limited. Liberty Mutual will...
ACA Does Not Hurt Medical Care Access for Workers’ Comp Claimants: Study December 5, 2016 By Andrew G. Simpson New research has found that while the Patient Protection and Affordable Care Act (ACA) has dramatically increased the number of...
Insurers Praise House Approval of Systemic Risk Reform Bill December 2, 2016 By Andrew G. Simpson The House of Representatives took a step toward changing the Dodd-Frank financial regulation law by passing a measure that requires...
Why Auto Insurance Claimants Hire Attorneys December 1, 2016 By Andrew G. Simpson In a recent online poll, almost half of respondents with auto injury claims hired attorneys to help settle those claims....
NFL Players with CTE Sue to Force Teams to Pay Workers’ Compensation Benefits November 30, 2016 By Andrew G. Simpson A group of 38 former National Football League players have sued to force the NFL to pay them workers’ compensation...
Allstate to Pay $1.4 Billion for SquareTrade, Seller of Warranties for Mobile Devices, Appliances November 28, 2016 By Andrew G. Simpson The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of...