Latest Headlines

  1. The Hartford Closes Acquisition Of Navigators

    The Hartford’s acquisition of The Navigators Group, Inc., a global specialty underwriter, was effective earlier today for $70 a share, for a total price of $2.2 billion in cash, including expenses 

  2. Grinnell Mutual Deploys Guidewire InsurancePlatform via Guidewire Cloud To Accelerate Growth

    Grinnell Mutual, a century-old property and casualty insurer and reinsurer, and Guidewire Software, Inc., provider of the industry platform Property and Casualty (P&C) insurers rely upon, recently announced that Grinnell Mutual has successfully deployed Guidewire InsurancePlatform™ as a Software-as-a-Service (SaaS) solution via Guidewire Cloud 

  3. Best’s Commentary: TRIPRA Expiration Raises Potential For Rating Downgrades For U.S. Property/Casualty Insurers

    Given the pending expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) at year-end 2020, AM Best will begin discussions with its rated insurers that have material terrorism exposure and a significant reliance on this federal backstop over their response to a non-renewal of the legislation 

  4. Six Cities Leading Shift toward A Buyers’ Market, According To First American Real House Price Index

    First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the February 2019 First American Real House Price Index (RHPI)

  5. Rockford Mutual Concludes Implementation Of Guidewire Insurance Now Via Guidewire Cloud For Core Operations

    Rockford Mutual Insurance Company, a Midwest Property and Casualty (P&C) insurance provider, and Guidewire Software, Inc., provider of the industry platform P&C insurers rely upon, recently announced that Rockford Mutual has successfully implemented Guidewire InsuranceNow, a core component of Guidewire InsurancePlatform via Guidewire Cloud, to its commercial package policy and farm lines of business

  6. Avery Dennison Signs Agreement Transferring $750M In Pension Obligations To AIG Life & Retirement

    American International Group, Inc. announced that Avery Dennison Corporation, a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials, has signed an agreement transferring approximately $750M of pension obligations to American General Life Insurance Company, part of AIG’s Life & Retirement business

  7. Travelers Introduces Innovative Risk Management Mobile App For Business Customers

    The Travelers Companies, Inc. recently announced a new and innovative mobile app for its business insurance customers called Risk Toolworks. Available on iOS and Android devices, the app allows customers to access the company’s best tools, guides and resources from their mobile devices to conveniently manage risks 

  8. World Insurance Associates LLC Completes 40th Acquisition With Lampe-Batkin Associates LLC Of Greenwich, CT

    World Insurance Associates LLC, a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, completed its 40th acquisition with Lampe-Batkin Associates LLC of Greenwich, Connecticut on April 1, 2019

  9. Berkley One Continues To Expand With Launches In Texas And Pennsylvania

    Berkley One (a Berkley Company), a startup insurance provider for modern, sophisticated individuals and families, continues its expansion into two pivotal states, Texas and Pennsylvania, and adds Flood coverage to its product suite in Minnesota and Wisconsin 

  10. World Insurance Associates LLC Merges With Professional Insurance Associates, Inc. (PIA) Of Carlstadt, NJ

    World Insurance Associates LLC, a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, merged with Professional Insurance Associates, Inc. (PIA) of Carlstadt, New Jersey on March 1, 2019