business move News

Towers Watson Sells Reinsurance Business for $250M

Towers Watson & Co. said Wednesday that it has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC for $250 million but plans to continue working with its insurance company clients. The New York-based human …

Homeowners Choice Expects to Hire as it Assumes Citizens Policies

Homeowners Choice Property & Casualty Insurance Company, Inc. is set to assume 71,000 policies from Citizens Property Insurance Corporation, Florida’s state-owned insurance company, in November of this year. The policies have been identified and are assumable under Citizens’ Non-Bonus Take-out …

EagleView Introduces Wall Measurement Reports

Wash.-based EagleView Technologies now offers wall measurement reports for residential properties. “The introduction of wall measurement reports affirms EagleView’s commitment to continue creating solutions through technology for the insurance and construction industries,” said Rishi Daga, vice president of insurance and …

Caliber Collision Centers Opens 10th Location in San Antonio

Caliber Collision Centers continues to expand across Texas with the announcement that it acquired Legend Collision Center and reopened the location as Caliber West San Antonio. Caliber Collision’s newly acquired 19,900 square foot collision repair facility officially opened at 11720 …

Allied World Launches Executive ForceField

Allied World Bermuda has launched Executive ForceField, a new directors and officers liability policy. Executive ForceField provides broad Side A coverage for non-indemnified loss, and is available on either an excess or primary basis. Policy highlights for Executive ForceField include: …

Enterprise Launches Text and Email Repair Status Alert System

Enterprise Rent-A-Car launched a new repair status notification system that uses text and email messages to keep customers instantly updated on the status of their vehicle repairs. The new tool reflects the preference of customers of all ages to receive …

Kofax Extends Claims Processing Product to Property Casualty Insurers

Kofax plc, a provider of capture enabled business process management (BPM) products, announced the expansion of the Kofax Claims Processing Solution to include property, casualty and life insurance carriers, enabling them to automate and accelerate claims processing for greater operational …