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 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 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 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 …
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 …
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, 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, 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 …
Evan Greenberg extended an acquisition spree at his Ace Ltd. by agreeing to purchase Chubb Corp. for $28.3 billion in cash and stock. Ace will own 70 percent of the company after the transaction closes, and Greenberg will lead the …
Catastrophe risk modeling firm AIR Worldwide (AIR) has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm surge module that integrates storm parameters …