geographic expansion News

Farmers Insurance Expands Into South Carolina with Online Auto Insurance Policy

Farmers Insurance has launched its first auto insurance product in South Carolina, delivered exclusively through a new digital and customizable auto insurance policy available on Farmersdirect.com. The digital auto insurance product in South Carolina offers quick quoting and a self-serve …

Atlantic Casualty to Create 83 Jobs, Invest $11.8M in North Carolina Operations

Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a statement from the North Carolina Department of …

Homeowners Insurtech Openly Expands Into Tennessee

Openly Inc., an insurtech backed by Gradient Ventures, Google’s AI-focused venture fund, has gone live in Tennessee. The addition of Tennessee comes on the heels of the company’s launch and funding announcement in late 2019, along with a recent expansion …

Berkshire Hathaway GUARD Expands Commercial Package Coverage Into Michigan

Berkshire Hathaway GUARD Insurance Companies has added Michigan to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per location with an enhanced causes of loss …

Plymouth Rock Assurance Expands Home, Auto Coverage to New York

Plymouth Rock Assurance, a data-driven home and auto insurance provider in the Northeast, has expanded its home and auto insurance coverage to residents and agents in New York. This marks the first time the 37-year old insurance company has offered …

Velocity Risk Underwriters Expands Coverage to Coastal Homeowners in New Jersey

Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state Velocity Risk offers homeowners insurance to coastal …

The Hanover Enters Vermont Personal Lines Insurance Market

The Hanover Insurance Group, Inc. has expanded its business in Vermont to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base. According to The Hanover, the launch in Vermont …

Berkshire Hathaway GUARD Expands Commercial Package Coverage Into New Jersey

Berkshire Hathaway GUARD Insurance Companies has expanded its Commercial Package product into New Jersey. This offering includes: Commercial property with limits up to $120 million per location with an enhanced causes of loss form which includes built-in equipment breakdown and …

Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller businesses in the U.S. and Mexico, including its industry vertical …

Mobile Auto Insurer Root Insurance Expands Into California

Root Insurance, a licensed insurance carrier powered by mobile, has entered California, making it now available to 60% of the U.S. population. Customers can sign up and customize their coverage to immediately see how some coverage options can impact deductibles …