A majority interest in Esurance Inc., a direct-to-consumer, online provider of personal lines insurance, was acquired by Folksamerica Holding Company Inc. “It was just the right thing at the right time,” Jean-Bernard Duler, CEO of Esurance, told Insurance Journal. “We …
The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model Act. “Because this one issue has …
A majority interest in Esurance Inc., a direct-to-consumer online provider of personal lines insurance, was acquired by Folksamerica Holding Co. Inc. “It was just the right thing at the right time,” Jean-Bernard Duler, CEO of Esurance, told Insurance Journal. “We …
Mold. An extremely common organism, it’s found in veritably every home and building. Now it’s at the center of what could become one of the fastest growing areas of both construction defect litigation and toxic tort litigation in California. Over …
In the “stake-your-claim” environment of Internet insurance, any attempt to define trends and categorize business models can be an exercise in frustration. However, in some ways the dot-com gold rush is slowing down and certain nuggets of truth are emerging …
San Francisco-based Esurance Inc. has laid off approximately one-quarter of its staff, according to Jean-Bernard Duler, founder and CEO. “We’re looking into either a merger or an acquisition by an insurance company,” Duler told Insurance Journal on Sept. 18. “Part …
Jean-Bernard Duler, founder and CEO of San Francisco-based Esurance, confirmed today that the company had laid-off approximately one-quarter of its staff. “We’re looking into either a merger or an acquisition by an insurance company,” Duler told the Insurance Journal. “Part …
On Aug. 28, 2000, the financial strength rating of Amwest Group was downgraded from “A-” (Excellent) to “B” (Fair) by A.M. Best Co. The downgrade, applicable to Amwest Surety Insurance Company and its wholly owned subsidiary, Far West Insurance Group, …
American International Group Inc. (AIG) announced it made a definitive agreement to acquire HSB Group Inc. for a price of approximately $1.2 billion. “We think that the synergies are terrific, and we look forward to this combination,” said AIG Chairman …
While the initial furor created by the advent of dot-coms cools down, many insurance professionals are re-evaluating their business relationships with the Web. At a time when agents and brokers may question the benefit of paying money to list themselves …
