Business News and Mergers News

Business News: Texas Mutual, TTA Appraisal, EagleView, WCRI

Texas Mutual Launches Free e-Learning Tool Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently launched a free workplace safety training tool for policyholders called e-Learning. e-Learning gives business owners access to a library of more …

Business News: Guidewire, Verisk, HomeCare Connect

Guidewire Completes Acquisition of ISCS Guidewire Software, Inc., a provider of software to the Property & Casualty (P&C) insurance industry, announced it has completed the acquisition of ISCS. The company also announced the immediate availability of Guidewire InsuranceNow, a cloud-based, …

Business News: Insurity, Coventry, Acrometis, Genex

Insurity Acquires Valen Analytics Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions, announced its acquisition of Valen Analytics. Founded in 2004, Valen is a provider of proprietary data, analytics and predictive modeling for P/C …

Business News: IDT 911, Next Insurance, Brentwood Service Administrators

IDT911 Changes Name to CyberScout IDT911 has changed its name to CyberScout. CyberScout offers comprehensive identity management and data security services for more than 17.5 million households and 770,000 businesses. CyberScout’s services are provided through more than 660 client partners, …

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—Available 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 …