CCC Information Services Inc. announced it has acquired DriveFactor Inc., a provider of a highly robust, flexible technology platform for insurance telematics. CCC, a national SaaS technology provider to the auto insurance industry, will strengthen and extend DriveFactor’s technology to …
Ohio-based Nationwide Insurance has announced a more efficient way to estimate hail damage—Automated Mobile Hail Estimating. The program was piloted last year after a catastrophic event and will be rolled out across the country as an optional service in the …
American International Group recently announced that it has acquired a minority stake in K2 Intelligence, an investigative consultancy. The companies have agreed to co-develop products and services that support AIG’s efforts to help clients mitigate and manage their cyber risk, …
MedRisk, Inc., the leader in managed physical medicine and diagnostic imaging services in workers’ compensation, has created a new Functional Capacity Evaluation program to provide claims professionals more effective decision-making tools and improve patient care. FCEs can be used to …
Allied Insurance is giving employees lots of notice about job cutbacks at its regional office in Lincoln. The Lincoln Journal Star reports that 140 jobs will be eliminated in claims and customer service between 2017 and 2020. That will slice …
A new study from Mass.-based Workers Compensation Research Institute (WCRI), updates a recently published 33-state study with an extra year of data and the early impact analysis of major regulatory changes in North Carolina. The study, Hospital Outpatient Cost Index …
Dallas-based Nelson Claims Consulting announced the formation of a highly specialized consulting group focused on providing management services to insurance carriers, policyholders and legal teams. The consulting firm specializes in high value and complex contents claims, contents claims review, dispute …
Ullico announced that its property and casualty insurance subsidiary, Ullico Casualty Group, Inc., may offer up to $25 million in multiemployer fiduciary liability insurance in its program with Alterra America Insurance Company, a Markel company. The $10 million increase in …
Coverys, a medical professional liability insurance provider, announced the creation of Coverys Specialty Insurance Company (Coverys Specialty), a new excess and surplus lines underwriting company. The new offering rounds out the company’s suite of products and services by providing tailored …
City National Bank has sold its insurance operations to a Virginia company. City National’s parent, City Holding Company, says in a news release that the sale of CityInsurance to The Hilb Group in Richmond, Virginia, was effective Jan. 1. Under …