A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto] and travel insurance under an agreement between the ABI, the Government and the British Insurance Brokers’ Association (BIBA).” The agreement, …
The battle for control of Italian insurer Fondiaria-SAI heated up on Wednesday when two private equity funds tabled a rival offer to one brokered by top investment bank Mediobanca to rescue the troubled insurer by merging it with peer Unipol. …
Mercury Insurance has introduced a commercial auto product that offers agents a new point-of-sale system that makes it easy to rate, qualify and issue new business, as well as online service capabilities. The new product is being rolled out across …
Foremost Insurance Group has introduced its enhanced auto program in Illinois, featuring more competitive rates, new discounts, increased coverage options and improved online processing. “The technological enhancements that come with this launch make the quoting and binding process even easier,” …
XL Group’s insurance segment has added excess auto coverage to its excess and surplus product offerings. The company has hired Michael Gramm to manage the new product line. He will join the company as vice president – excess auto and …
Allstate has decided to expand a claims guarantee to their auto insurance customers that will provide a credit to their auto policies if they are not satisfied with their auto claims service. The claim satisfaction guarantee was tested last year …
Motor [auto] insurers seeking to get around a European ban on charging male drivers more than women are turning to innovative black box technology that could trigger an upheaval in the way car insurance is sold. Britain’s biggest motor insurer, …
UK motor [auto] insurance premiums “have continued to rise in 2011, with some drivers facing price increases of up to 50 percent,” according to findings of the annual UK Motor Market Review by Willis Re. It also noted a significant …
The Association of British Insurers has strongly endorsed “tougher measures to improve young driver safety,” which it explained is “crucial to delivering a better motor insurance deal to customers.” It described the urgent need to reduce young driver deaths and …
Appalachian Underwriters, Inc. (AUI) launches a new commercial lines online rater for independent auto dealers, www.xpressdealerpro.com. Xpress DealerPro is the latest installment of enhancements to be integrated into AUI’s Xpress rating platform. AUI’s B2B Xpress rating platform provides agents with …
