business moves News

XL Catlin Reveals New Regional Structure, Leaders for U.S. Excess & Surplus Casualty Business

To boost efficiencies and direct expanded resources to provide insurance for the most complex, challenging business risks, XL Catlin’s Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders. Coy Rudd is …

Engle Martin Closes Acquisition of Eberl

Engle Martin & Associates, a diversified insurance services provider, completed its acquisition of a majority share of Eberl’s Claim Service, Inc. and its related companies on September 1, 2015. Eberl provides a full suite of complementary daily and catastrophe loss …

Liberty Mutual Offers Safety Climate Survey to Commercial Lines Business

Liberty Mutual Insurance’s Risk Control Services is offering its commercial lines customers a service that helps them identify targeted areas for improving safety. The Liberty Mutual Safety Climate Survey helps companies differentiate between the perception of a company’s overall safety …

Verisk Adds Hazard Scoring to Commercial Property Surveys

Verisk Insurance Solutions, a source of information about property/casualty insurance risk, announced that the Relative Hazard Percentile is now provided on all field surveys performed by the company. By comparing a commercial property with millions of peer properties, the proprietary …

Munich Re Announces New Inland Flood Insurance Product for Homeowners

Munich Reinsurance America, Inc. announces a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood Insurance Program (NFIP), flood is the most common natural disaster in …

Verisk Launches ISO ClaimSearch Mobile App

Verisk Insurance Solutions, a source of information about property/casualty insurance risk, launched the ISO ClaimSearch mobile application, now available on iTunes and Google Play. The new app will allow users to securely access the Claims Inquiry function on ISO ClaimSearch …

LUBA Workers’ Comp Announces Expansion Into Texas

Louisiana-based LUBA Workers’ Comp announces plans to expand into the Texas market. The insurer currently covers businesses in Louisiana, Mississippi, and Arkansas through select, independent insurance agencies. The company has been designated “A- Excellent” A.M. Best rating with a stable …

The Hanover Launches New Suite of Cyber Coverages

Massachusetts-based The Hanover Insurance Group announced the launch of a new suite of cyber products designed to help protect small to mid-sized businesses from losses related to data breaches and cyberattacks. “With hackers and malicious programs becoming increasingly sophisticated, data …

Heritage Insurance Holdings Expands Into 4 States

Heritage Insurance Holdings, Inc., a property and casualty insurance holding company based in Clearwater, Fla., announced today that its subsidiary, Heritage Property & Casualty Company, applied to expand into North Carolina, South Carolina, Massachusetts and Rhode Island. Heritage P&C has …

Verisk Insurance Solutions Launches Device Reputation Service

Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and iovation announced the launch of the Verisk Device Reputation Service, a tool to help insurers prevent fraud by exposing the reputation of Internet-enabled devices. The tool uses proprietary …