Zurich Insurance Group AG, Switzerland’s biggest insurer, said third-quarter profit rose 64 percent, beating analyst estimates, after a write-off related to its German business hurt earnings a year earlier. Net income rose to $1.1 billion from $672 million a year …
Progressive Corp. said its technology that tracks driver behavior to set insurance rates will help the company adapt as automated cars take the road. The auto insurer offers a device called Snapshot, which plugs into a vehicle and monitors habits …
Insurers and state regulators say that President Barack Obama’s “fix” for policies canceled under his healthcare reform law will create new problems for the industry and could lead to an increase in premiums. Facing pressure by lawmakers from his Democratic …
It may still be considered the leanest state and among the nation’s healthiest, but Colorado employers are seeing a large increase in the cost of medical benefits in the coming year, a survey released on Thursday shows. The Lockton Denver …
Oswald Cos. named Terri Drushel to senior client executive of global accounts for its property/casualty division. In this role Drushel will be responsible for leading the delivery of risk management and brokerage services for select global clients. Drushel has more …
Caledonia, Mich.-based Acrisure LLC recently announced three executive moves. Don Collins was named chief operating officer of Acrisure. Collins will lead new acquisition assimilation, coordination and development of operating strategies as well as oversee all of Acrisure’s administrative resources. Dan …
New Jersey officials said Tuesday that they have distributed just over one-third of the federal aid allocated for housing for families affected by Superstorm Sandy. The state’s Community Affairs Department released the figure, which contradicts an analysis released earlier Tuesday …
GMI Insurance, a managing general agency specializing in commercial transportation exposures, has formed an exclusive partnership with Charles James Cayias Insurance, Inc. of Salt Lake City to insure a new pilot car program. The coverage targets pilot cars or escort …
Darlene Price Wells has been named executive vice president and general manager of the Virginia Farm Bureau Mutual Insurance and CEO of Countryway Insurance, a wholly owned subsidiary of Virginia Farm Bureau Mutual Insurance.Wells has more than 25 years of …
Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released a comprehensive employment practices liability Insurance (EPLI) product for organizations with up to 250 employees and limits up to $1 million. Organizations with 50 …
