Duck Creek Technologies, a Boston-based provider of core system cloud services and software to the global property/casualty insurance industry, said it has acquired Yodil, an insurance data management software firm based in Charlotte, North Carolina. Details of the transaction were …
Heffernan Insurance Brokers has named Paul Matlock assistant vice president in its commercial lines department of the Petaluma, Calif. office. Matlock has more than 10 years of sales experience in technology and finance. He was most recently with Coding Pixel …
Economical Mutual Insurance Co., the Waterloo, Ontario-based property and casualty insurance company, announced the completion of its previously announced acquisition of Western Financial Insurance Co. (WFIC) and its flagship brand Petsecure from Desjardins Group. Concurrent with the acquisition, WFIC changed …
With cyber attacks at an all-time high, PSA Insurance & Financial Services (PSA), a Baltimore, Md., headquartered independent firm specializing in risk management, personal insurance and employee benefits, has added an experienced expert to its risk solutions team. PSA has …
A judge has ruled that a Portsmouth, N.H., auto dealership incurred damages caused by a city sewer line running through the property. The Portsmouth Herald reports Rockingham County Judge William Delker says Toyota dealer James Boyle wasn’t informed when he …
AXON Underwriting Services LLC, a program administrator and service provider based in Somerville, N.J., has hired David McMillan as an underwriting manager. He joins the firm in order to further develop its growing portfolio of environmental insurance products in the …
There is a new national independent insurance brokerage and wealth management firm that opens its doors with more than 20,00 clients, $158 million in annual revenues and 750 employees in 40 offices across 15 states. The new firm is called …
Johnson & Johnson won a ruling cutting almost in half a $1.04 billion jury award to patients who accused the company of hiding defects in its Pinnacle artificial hips that had to be surgically removed. A judge on Tuesday left …
Israel’s Finance Ministry opposes the sale of insurance companies to Chinese investors because it’s hesitant to put pension money in their hands, a senior government official said, a stance that could bode ill for Fujian Yango Group Co.’s bid to …
Renaissance Reinsurance Ltd. announced the formation of Fibonacci Reinsurance Ltd., a special purpose insurer domiciled in Bermuda. Fibonacci Re was formed to provide collateralized capacity to Renaissance Reinsurance, the principal Bermuda-based reinsurance subsidiary of RenaissanceRe Holdings Ltd. Fibonacci Re, which …
