November 14, 2018
Fast-growing insurance agency Seeman Holtz Property & Casualty has taken a technology leap forward by acquiring Boston-based online home and auto Insurance agency Goji (formerly Consumers United) and its technology platform. Goji is a licensed insurance agency that writes policies …
November 14, 2018
National General Holdings Corp. has agreed to acquire National Farmers Union Property and Casualty Co. from QBE North America. The estimated purchase price is $43 million. National Farmers Union Insurance writes personal and farm auto and farm and homeowners’ insurance …
November 13, 2018
In just a few weeks, humanity may take its first paid ride into the age of driverless cars. Waymo, the secretive subsidiary of Google’s parent company, Alphabet Inc., is planning to launch the world’s first commercial driverless car service in …
November 13, 2018
U.S. soybean farmer Mike Schlosser does not expect President Donald Trump’s trade war with China, the single biggest headwind to his business, to end any time soon. But he is among many in farm country who expect at least some …
November 13, 2018
Marsh announced the formation of Marsh-JLT Specialty, a new specialty business within Marsh that will combine the specialty teams of Marsh and Jardine Lloyd Thompson Group plc (JLT), effective upon the closing of the purchase of JLT by Marsh’s parent …
November 13, 2018
Two U.S. pilots’ unions say the potential risks of a safety feature on Boeing Co.’s 737 Max aircraft that has been linked to a deadly crash in Indonesia weren’t sufficiently spelled out in their manuals or training. Boeing and the …
November 13, 2018
Airbnb Inc., following Alphabet Inc.’s Google, Facebook Inc. and Uber Technologies Inc., said it would not force employees who filed sexual harassment claims to settle those cases in private arbitration. Airbnb also said it would not require employees to use …
November 12, 2018
An analysis by catastrophe modeler RMS shows 15 wildfires are burning more than 280,000 acres in California have collectively destroyed nearly 7,000 homes and businesses and killed 31 people. Roughly 300,000 have been evacuated, while 12,000 firefighters are working on …
November 12, 2018
The U.S. Securities and Exchange Commission told American International Group Inc. to improve disclosures about its use of reinsurance to mitigate losses in its property and casualty unit, according to correspondence made public on Friday. After reviewing AIG’s 2017 annual …
November 9, 2018
What’s one of the biggest gaps in cyber? Good communication between the insurance industry and customers, who are in need of more than just products to help protect them from risks in the rapidly changing digital world. That was the …