Florida-based Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, announced that it has entered a definitive agreement to acquire Zephyr Acquisition Company and its wholly-owned subsidiary, Zephyr Insurance Company, a specialty insurer in Hawaii. The acquisition will …
Esurance, the direct-to-consumer insurance company, announced a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers. Almost a quarter of Portland’s 300,000 plus workers ride transit, bike or walk to their jobs. The new product …
Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500 Index after the company’s market value passed $12 billion on a share rally and expansion through acquisitions. Verisk will replace …
American Well, a telehealth services provider, announced it is entering the workers’ compensation sector through a strategic partnership with CorVel Corporation, a national provider of risk management solutions. Together the companies will deliver on-demand doctor evaluations for employees with a …
Nebraska-based Catholic Mutual Group, the largest coverage provider for the Catholic Church in North America, and Church Mutual Insurance Company (CMIC), the nation’s largest insurer of religious organizations, announced a strategic alliance under which CMIC will underwrite auto and workers’ …
Munich Re and Marsh & McLennan Cos., the largest insurance broker by market value, introduced a product to insure U.S. pharmaceutical companies against regulatory actions that could cause them to suspend manufacturing. The product would cover as much as $10 …
Cunningham Lindsey announced the creation of a new Miami hub from which it plans to expand the support it offers to clients across Central and South America and the Caribbean. The Miami-hub will focus on property business (including business interruption, …
ACE Limited announced the leadership teams it intends to appoint for the company’s North American business units, including National Accounts, Middle Market, Small Commercial, Personal Lines, Wholesale/Excess & Surplus Lines, Bermuda and Agriculture. The company also announced the leadership teams …
Following in the footsteps of Facebook and Wal-Mart, Ohio-based Nationwide announced it will raise its minimum pay rate to $15 per hour over the next nine months. This change impacts approximately 900 current associates across 25 locations for jobs in …
To boost efficiencies and direct expanded resources to provide insurance for the most complex, challenging business risks, XL Catlin’s Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders. Coy Rudd is …