business moves News

Caliber Collision Opens New Texas Repair Facility

Caliber Collision Centers announced the grand opening of its new 13,000 square foot, state-of-the-art greenfield facility in Frisco, Texas. Caliber’s latest North Texas location is designed to provide customers with the most advanced collision repair technology and customer service experience. …

Xchanging Acquires Agencyport Europe

Xchanging, a business process, procurement and technology services provider, announced the acquisition of all the European operations (‘Agencyport Europe’) from the US-headquartered insurance software business Agencyport Software, for a cash consideration of £64.1m ($110.0m). The acquisition will expand and strengthen …

Acquisition Marks First Female-Owned Structured Settlement Firm

Christine Logan Buechner has acquired James E. Logan & Associates and will assume the role of president and CEO of the company. Started by her father James in 1996, James E. Logan & Associates provides comprehensive settlement consulting services in …

AmWINS Acquires Cabrillo Pacific and Tidewater Pacific Adjusters

AmWINS acquired Cabrillo Pacific Insurance Services, a non-standard auto insurance managing general agent, and Tidewater Pacific Adjusters, the administrator that manages claims and appraisal functions for Cabrillo and other clients. The acquisition of Cabrillo and Tidewater, both of which are …

Caliber Collision Acquires Inland Empire Body Shop

Caliber Collision Centers continues its rapid expansion across the California market with the acquisition of “L” Monty Body Shop in the Inland Empire region. With this latest acquisition, the company now operates 88 locations in California and 14 locations across …

MetLife Introduces Bundled Auto and Home Insurance Policies

MetLife Auto & Home announced the availability of Combo and GrandProtect, two bundled policies that combine auto and home coverages into one package, in its mass marketed insurance program. MetLife Auto & Home research finds that the majority of its …

Carfax Expands Damage Reports for Canada Auto Dealers

Carfax announced several major improvements to increase the benefits for Canadian auto dealers that subscribe to its service. Dealers now have access to damage claim amounts reported to Carfax from Canadian insurers and can easily purchase cross-Canada lien reports. This …

Geico Lowers Pennsylvania Commercial Auto Insurance Plan Rates

Geico is reducing auto insurance rates in Pennsylvania for businesses with commercial company vehicles. Small business owners can obtain a commercial auto quote and purchase a policy through Geico by going to www.geico.com/getaquote/commercial. Source: Geico

Catalina Holdings to Acquire NationsBuilders Residential Construction Liabilities

NationsBuilders Insurance Services, Inc., a portfolio company of SunTx Capital Partners, announced that it has entered into a definitive agreement with Catalina Holdings Ltd., under which NationsBuilders Insurance Company (a 100 percent wholly owned subsidiary of NBIS), will transfer its …

OneBeacon Nearing Sale Of Runoff Business

OneBeacon Insurance Groupannounced continued progress in the regulatory review of the sale of its runoff business to Armour Group Holdings Limited by the Pennsylvania Insurance Department and restated its expectation that the transaction will close in the second half of …