13 Specialty Insurers Emerging As Takeover Targets: S&P October 1, 2015 Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking...
ACE-Chubb Deal Clears Antitrust Hurdle October 1, 2015 By Andrew G. Simpson The Federal Trade Commission (FTC) has given the green light to ACE Limited’s $28 billion acquisition of rival insurer Chubb...
Major Hurricane Joaquin Could Hit East Coast October 1, 2015 By Brian K. Sullivan, Ladka Bauerova and Lynn Doan Joaquin became a major hurricane as it tears toward the Bahamas and government forecasters said they can’t rule out a...
Surging Verisk Analytics Added to S&P 500 October 1, 2015 By Katherine Chiglinsky and Sonali Basak Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500...
Industry Chasing Mobile Customers with Ads, Apps, Self-Service Options: NAMIC Convention September 30, 2015 By Don Jergler Carriers are spending big on advertising, and agencies are working to become increasingly more sophisticated and reach out to more...
Update: Joaquin’s U.S. Path Unclear But East Coast Already Under Flood Watch September 30, 2015 By Brian K. Sullivan Joaquin is forecast to become a major hurricane by Saturday as it strengthens in the Atlantic, triggering hurricane warnings and...
Fairmont Farmers Mutual’s Stueven Assumes NAMIC Chairmanship September 30, 2015 Paul Stueven, chief operating officer and treasurer of Fairmont Farmers Mutual Insurance Co. of Fairmont, Minn., today assumed the chairmanship...
How P/C Mutual Insurers Perform Compared to P/C Industry September 30, 2015 Mutual property/casualty insurers tend to underperform the property/casualty insurance industry as a whole in several areas of performance, a new...
UPC Insurance to Buy Interboro for $57M September 30, 2015 United Insurance Holdings Corp. (UPC Insurance) said it will pay $57 million for Interboro Insurance Co., a New York-based property/casualty...
Hurricane Joaquin Keeps Forecasters Guessing on Its Path September 30, 2015 By Ladka Bauerova and Brian K. Sullivan Tropical Storm Joaquin jumped in strength and is forecast to become a Category 1 hurricane by Wednesday, even as computer...