Property-Casualty Insurance News
As much as $470 billion in life insurance and property & casualty insurance premiums will be up for grabs globally as a result of declining customer loyalty and the perceived commoditization of products, according to Accenture.
Confie Seguros, a national provider of personal lines insurance primarily serving the Hispanic market, has acquired two New York insurance agencies, and a third in Texas.
Philadelphia Insurance Companies has acquired all outstanding shares of The Allen J. Flood Companies, a managing general agent for group accident & health insurance business based in Larchmont, N.Y.
The Maryland Automobile Insurance Fund (MAIF), known frequently as the state-funded insurer of last resort, has unveiled a new corporate brand.
Pennsylvania Insurance Commissioner Teresa Miller called on the state’s U.S. congressional delegation to support legislation defining the mandatory purchase requirements in private flood insurance for the policies to be recognized by mortgage lenders.
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
The property & casualty insurance industry faces unprecedented challenges, according to a new study by Conning.
Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from as a licensed insurance entity in Virginia.
NGM Insurance has introduced an expanded workers’ compensation program in Virginia.
Utica First Insurance has sent notices to its independent agency partners that the insurer will withdraw from the Write Your Own (WYO) flood insurance program, and transfer policies to another carrier.