Coalition Adds 5 Hires to Middle Market Production Underwriting Team January 29, 2021 Coalition has appointed five new production underwriters to help grow and serve the company’s middle market relationships. New Coalition production...
Low-Level Jobs, Less School Could Mean Costly Auto Policies January 29, 2021 By Katherine Chiglinsky Drivers with less education and lower-ranking jobs could wind up paying more for auto insurance, magnifying the impact of systemic...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Zurich and Farmers Agree to Buy MetLife’s U.S. P/C Business for $3.94 Billion December 11, 2020 Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers...
Insurance Journal’s Annual Charity Issue: Deadline Tomorrow December 3, 2020 This is the last week to submit for Insurance Journal’s Charity Issue. This annual special issue of Insurance Journal’s print...
Kemper to Pay $370M for Specialty Insurer Focused on Hispanic Market November 23, 2020 Kemper Corp. has agreed to pay $370 million in cash for specialty auto insurer American Access Casualty Company and its...
Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion November 22, 2020 By David French Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best November 5, 2020 The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating...
Despite Challenges, New Year Will Bring Strong, Stable Industry: Hartwig November 4, 2020 By Robert Hartwig Despite a year of unprecedented challenges and uncertainty and a halting global economic recovery, the insurance industry remains strong, stable,...
DiBattista to Lead Nationwide E&S Brokerage November 3, 2020 Nationwide has named Jude DiBattista to head its E&S Brokerage wholesale primary and excess casualty unit. DiBattista will lead the...