The Hartford’s Acquisition of Maxum Complete The Hartford has completed its acquisition of Maxum Specialty Insurance Group for $168 million in cash. The transaction closed on July 29, 2016. Maxum will maintain its brand and limited wholesale distribution model and …
Solera to Acquire Enservio Solera Holdings, Inc., a global provider of cognitive technologies for the automotive and home ownership ecosystems, announced a definitive agreement to acquire 100 percent ownership of Enservio, Inc., a U.S. provider of SaaS-based software and services …
Prime P&C Casualty Insurance Enters Florida Commercial Auto Market Prime Property and Casualty Insurance Inc. (PPCI) has entered the Florida commercial auto market as an admitted carrier specializing in insurance services for distressed and substandard risks. PPCI offers the capacity …
Rising Medical Solutions’2016 Work Comp Benchmark Study Focuses on Practical Claims Management Research Distilling the many challenges confronting claims organizations today to a critical few is a challenge unto itself. In its fourth annual study, the Workers’ Compensation Benchmarking Study …
GEICO Continues New York Expansion, Plans on Hiring 100 New Associates GEICO is looking for talented professionals to join its Buffalo, N.Y., team. As its policyholder base continues to grow, GEICO plans to hire more than 100 associates for additional …
Verisk Analytics, Inc., Acquires Risk Intelligence Ireland Verisk Analytics, Inc. announced the acquisition of Risk Intelligence Ireland, a provider of fraud detection, compliance, risk control and process automation services to the Irish insurance industry. Following completion of the transaction, Risk …
Restore Rehabilitation Rolls Out National Telephonic Case Management for Workers’ Compensation Maryland-based Restore Rehabilitation launched a national telephonic case management service for workers’ compensation payers. Restore is a medical and vocational case management company focused on reducing the impact of …
Gen Re Announces Global Property and Casualty Reorganization Gen Re announces it will reorganize its Direct Global P&C operations in an effort to position the company’s team for the future. First, the footprint around the globe was evaluated to most …
Safety National Forms Safety Specialty Insurance Company Safety National Casualty Corporation acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public …
Aspen Group Announces Acquisition of AgriLogic Insurance Services, LLC Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services, LLC and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Kansas, is a …