auto News

XL Launches Primary Auto Product Line, Taps Miller to Lead

XL Group’s excess & surplus (E&S) insurance is adding primary auto capabilities to its product line and has added Andrew Miller as underwriting manager to lead this business. According to John Goodloe, president of XL Group’s E&S business, the company …

Atlantic Specialty Lines Hires Personal Lines Producer, Rob Hardway

Austin, TX, October 23, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is continuing its growth in Texas by announcing the addition of Rob …

Atlantic Specialty Lines Hires 32-year Insurance Industry Veteran, Suzy Popplewell-Baird

Houston, TX, October 16, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, is announcing a major addition to their Houston office. Looking to solidify …

EFG Companies Launch Extended Vehicle Warranty Product

EFG Companies has launched a vehicle service contract (VSC) called Simplicity Vehicle Protection that gives agents and brokers the ability to sell an extended warranty to clients after the purchase of the vehicle. With Simplicity Vehicle Protection, agents and managing …

AmWINS Forms Non-Standard Auto Specialty Division

AmWINS Group, Inc. has combined its various non-standard auto operating entities to create AmWINS Specialty Auto (ASA), a new operation within the AmWINS Underwriting Division. The combined entities include Newport General Agency (acquired in April 2010), American Southwest Insurance Managers, …

ABI Analyzes Effect of Upcoming Gender-Neutral Insurance Pricing

With one month to go until gender-neutral pricing becomes mandatory in the UK, the Association of British Insurers (ABI) stressed that “the insurance market will remain competitive despite the ruling and has published key consideration points for consumers set to …

Best Special Report Sees China as a Market in Transition

“The Chinese insurance market is in a state of transition: after a period of rapid expansion, the market must now adjust for sustainable and healthy growth,” concludes a special report from A.M. Best. “Since enhancing risk management and market discipline …

ABI Calls for New Restrictions on Younger Drivers

The Association of British Insurers is urging a review of the regulations for younger (17 to 24 year-old) drivers, including some new strictures that would require “a minimum one year learning period, restrictions on night time driving and lowering the …

Brokers Report Keen Direct Line Interest; But Some Investors Wary

Stockbrokers involved in the planned stock market listing of British insurer Direct Line reported good interest from private investors in London’s first big retail share offering for six years, although some potential investors are unconvinced. “The appetite has been really …

ABI Issues Guidance for Impending ‘Gender-neutral’ Insurance Pricing

With three months to go until the European Court of Justice ban on insurers taking a person’s gender into account when calculating premiums and benefits, the Association of British Insurers (ABI) has published guidance for consumers. “Gender has always been …