Global Indemnity, American Reliable Dublin-based Global Indemnity plc’s U.S. affiliate said it has completed its previously-announced purchase of American Reliable Insurance Co. from Assurant Inc. In a transaction valued at approximately $394 million, Global Indemnity’s U.S. division said it paid …
TRIA Renewal “This reauthorization was essential and restores much-needed certainty to the insurance industry here in the Insurance Capital.” —Connecticut Gov. Dannel P. Malloy on the reauthorization of Terrorism Risk Insurance Act (TRIA). The 114th Congress this month voted overwhelmingly …
If you write policies for small businesses, there are two big stories for 2015 that you should be tracking: the trajectory of the so-called “sharing economy” and the rise of cyber liability. In 2015, these two forces will have a …
For several years the insurance industry has talked about a pending surge in cyber insurance sales. And while cyber insurance appears to be trending up some say that “surge” has yet to come. That may not be the case for …
Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the United States. Google Compare Auto Insurance Services Inc., its online auto insurance shopper, has been licensed to …
Deal count for the fourth quarter of 2014 was the second most active quarter on record with 91 announced transactions. The total deal count for 2014 (as of Jan. 12, 2015) was at 321 (U.S. based transactions). This was a …
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The number of people who died in crashes in Nevada went up in 2014 compared with the year before, but it’s still down significantly from its peak in 2006, according to recently released state data. The Nevada Department of Transportation …
Opportunity was a theme that came up often at the annual California Wholesaler Industry Days convention in mid-January in La Jolla, Calif., at Hilton Torrey Pines. The three-day conference organized by the California Wholesalers Insurance Association included a golf tournament, …
A New Mexico woman is suing a novelty products maker over a flask that includes her likeness and the phrase, “I’m going to be the most popular girl in rehab.” Veronica Vigil’s lawsuit in federal court says Anne Taintor Inc. …
