business moves News

Boat History Report Partners With NICB

The National Insurance Crime Bureau is pleased to announce that Boat History Report (www.boathistoryreport.com), a provider of watercraft history information for buyers and sellers of used boats, has joined the organization as a strategic partner. By accessing Boat History Report’s …

Global Indemnity to Purchase American Reliable Insurance Company

Global Indemnity’s U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity’s U.S. division will pay approximately $114,000,000 in cash to Assurant at closing (which could …

Erie Insurance Expands Into Kentucky

Erie Insurance announced its entry into the Kentucky market, offering auto, home and life insurance to residents of the state. This marks the first geographic expansion by the company in more than 10 years. The company offers insurance through independent …

ABRA Adds Midwestern Locations

Minnesota-based ABRA Auto Body & Glass, a national damaged vehicle repair company, announced the opening of its newest franchise in Fort Madison, Iowa, along with the acquisition of Corpo Collision Center in Schaumburg, Ill. It’s ABRA’s 50th franchise and the …

Berkley FinSecure Announces Formation of Berkley Crime Unit

Maryland-based Berkley FinSecure, a W .R. Berkley company, announced the formation of Berkley Crime, an operating unit focused solely on offering a wide range of crime related insurance products. The crime underwriting team, which was originally established in 2008 as …

Aquiline Capital Partners Investing in Worley Claims Services

Aquiline Capital Partners LLC, a New York-based private equity firm, announced it is acquiring a majority stake in Worley Claims Services, headquartered in Hammond, La. Founded in 1976, Worley provides of claims adjustment and related services across the United States. …

High Net Worth Insurer Expands into Indiana

Crestbrook Insurance Co., an affluent market personal lines offering from Nationwide, announced its expansion into Indiana. Crestbrook offers insurance products through appointed agents and brokers that address the unique coverage needs for home, auto, collections, personal excess liability, secondary residences …

AIG Offers $1B Casualty Capacity for North American Rail Companies

American International Group, Inc. announced that it has expanded excess casualty liability limits for Class 1 railroads in the U.S. and Canada to $1 billion per occurrence. This coverage for catastrophe losses would be in excess of $1.5 billion in …

e|djuster Announces Catastrophe Services Team

e|djuster, a national contents valuation company, announced the creation of a Catastrophe Services Team (CST) to meet the varied needs of insureds affected by catastrophic weather events, wildfires and earthquakes. The CST is comprised of the most experienced and credentialed …

GEICO Hiring Auto Damage Adjusters in Las Vegas

In order to keep up with rapid growth, GEICO is looking to add to its ranks of dedicated auto damage adjusters, both in entry-level positions and in leadership roles. Entry level jobs for adjusters begin with specialized training, and there …