Progressive to Buy Transportation Insurer Protective for $338 Million February 16, 2021 By Andrew G. Simpson The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake...
Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom February 16, 2021 By Andrew G. Simpson Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure...
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims February 10, 2021 By Andrew G. Simpson Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013...
EC Pauses Investigation; CEO Says Aon-Willis Merger Still on Track to Close in 1st Half February 9, 2021 By L.S. Howard and Andrew G. Simpson The merger of Aon with Willis Towers Watson is on course to close in the first half of 2021, said...
Metromile to Begin New Life as Public Company as Reverse Merger Closes February 9, 2021 By Andrew G. Simpson Digital pay-per-mile auto insurer Metromile will officially become a public company tomorrow as the deal to be merged with a...
It Could Have Been Worse. An Update on COVID-19 Impact on Workers’ Compensation. February 9, 2021 By Andrew G. Simpson While it obviously presented challenges, 2020 is looking like it may not have been such a bad year for workers’...
2021: The Year of Insurance Agency E&O Lawsuits February 8, 2021 By Andrew G. Simpson Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores...
Insurance Déjà Vu: Vaccines, AI, Litigation, Recession Made Headlines 10 Years Ago February 1, 2021 By Andrew G. Simpson How much have things changed for the insurance industry in the past decade? Judging by feature headlines from Insurance Journal...
Eurapco and B3i Introduce Unity, a Risk Transfer Service Built on Blockchain January 27, 2021 By Andrew G. Simpson What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of...
Auto Theft Jumped in 2020 January 27, 2021 By Andrew G. Simpson Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines. A...