Business News and Mergers News

Business News: Confie, Ringler Associates, V3 Insurance Partners, TriageLogic

Confie Acquires Auto Insurance America Confie, a national provider of personal and commercial lines insurance, announced the acquisition of Auto Insurance America from Minn.-based Western National Mutual Insurance Company. Auto Insurance America is a leading provider of non-standard auto insurance …

Business News: The Hartford, Location, Inc., Olympus Insurance Company

The Hartford,¬†National Indemnity Company Hammer Out Reinsurance Agreement Covering Asbestos and Environmental Liability Reserves The Hartford has entered into a definitive agreement effective Dec. 31, 2016 with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc., for a $1.5 …

Business News: Chubb, Lemonade, NORCAL, Solera Holdings

An expanded suite of cyber loss mitigation services is now available to help Chubb’s U.S. and Canadian policyholders reduce the impact and likelihood of a cyber incident. Chubb’s expanded suite of cyber services for loss mitigation includes: Password Defense‚ÄĒAvailable to …

Business News: Next Insurance, QBE, Origami Risk, Guidewire

Next Insurance and Munich Re Announce Partnership Next Insurance announced its partnership with Munich Re to launch a product targeting commercial photographers, who will be able to buy, renew and maintain policies online. According to a 2016 report by McKinsey …

Business News: Crawford & Co., Auto-Owners, Guy Carpenter

Crawford Buys Majority Stake in ‘Uber-Like’ Field Inspection Firm WeGoLook Global claims management firm Crawford & Co. has acquired a majority interest in WeGoLook, an online and mobile inspection firm that calls itself the “Uber of inspections.” Crawford said it …

Business News: MAPFRE, Safety National, GEICO

MAPFRE Insurance Launches Program To Help Insureds Restore Damaged Homes As part of an ongoing effort to better serve its policyholders, MAPFRE Insurance, a Mass.-based provider of home and auto insurance, has launched the MAPFRE Select Home Restoration Program. The …

Business News: ROC-Connect, InsurTech, MedRisk

ROC-Connect Launches New Home Safety Products to Mitigate the Risk of Flood, Fire and Frost Smart home and IoT platform provider offers Smart Home Kit and Home Safety Scorecard for mitigating risk and improving homeowner engagement Calif.-based ROC-Connect, an Internet …

Business News: Nationwide, ISO, CLARA Analytics

Nationwide to Hire 1,000 Veterans By End of 2020 Nationwide announced plans to hire at least 1,000 more veterans by the end of 2020. In 2012, Nationwide set a goal to recruit and hire 1,000 veterans. In April, Nationwide reached …

Business News: ISO, Erie Insurance, Verisk Analytics

ISO Announces New Miscellaneous Professional Liability Program ISO, a Verisks Analytics business, announced a new Miscellaneous Professional Liability Program to help insurers cover one of the fastest-growing sectors of the U.S. economy. The professional services industry in the United States …

Business News: Coverys, USI, Markel, QBE North America

Coverys Announces Acquisition of Med-IQ Coverys announced the acquisition of Med-IQ, a global provider of medical education and healthcare quality improvement. Baltimore-based Med-IQ provides certified educational courses for clinicians; offers a suite of educational services to hospitals, academic medical centers, …