mobile device insurance News

– Allstate Corp. said that the mobile-device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, …

Consumer electronic and household device insurer Assurant Inc. has made a binding offer to acquire CWI Group, a mobile insurance brokerage in France, for approximately €56 million ($71 million). The acquisition by Assurant Solutions would strengthen Assurant’s capabilities in mobile …