Business News and Mergers News

Business News: NICB/Shift Technology, Pie Insurance, Willis Towers Watson

Shift Technology and NICB Partner to Offer Insurers an Edge in Detecting, Combating Fraud Shift Technology, a solution provider with a focus on enabling insurance organizations to successfully tackle the ongoing and growing claims fraud challenge, and the National Insurance …

Business News: Medata, Travelers, Ascot Insurance U.S.

Medata Expands Operations, Opens New Office in Nevada Medata, the leading medical cost containment technology company in workers’ compensation and auto liability lines, just opened a new office in Henderson, Nevada. Medata selected Henderson to expand its geographic footprint, according …

Business News: KittyHawk, MunichRe/eDriving, ISO

Kittyhawk Secures Funding From Travelers Kittyhawk, an enterprise drone operations software firm, announced a strategic investment from The Travelers Companies, Inc. The investment will help the company bring unified drone operations to new markets. Kittyhawk has supported the growth of …

Business News: Geomni, Betterview, PDA

Geomni Forms Strategic Alliance With DroneBase Geomni, a Verisk business, and DroneBase, a global drone operations company, announced a strategic alliance that adds DroneBase’s Pilot Network and API to Geomni’s fleet of fixed-wing aircraft to expand property inspections globally. Geomni …

Business News: GEICO, Mitchell/Genex Merger, Midwest Employers Casualty

GEICO Breaks Ground on New Location, Plans to Ramp up Hiring Upon Completion GEICO broke ground at its new location in The Bridges and laid out plans for future hiring when the complex is completed next year. GEICO President and …

Business News: Starr, Roost, FCBI

Starr Insurance Companies Introduces New Product to Fill Construction Liability Gap Starr CIP Enterprise, a mono-line general liability construction wrap-up insurance policy, was introduced by Starr Insurance Companies. The new product is designed for property owners and contractors who need …

Business News: Law DeskTop, Munich Re, NetDiligence

New Services Offers to Capture, Store Home Owner Contents Digitally New York-based Law DeskTop, a provider of secure, hosted document management services to law firms and legal departments, announced the launch of a free service called HomeOwners Survey that allows …

Business News: Atlas General, GUARD Insurance Companies, Athens Administrators

Atlas General Insurance Services Launches Workers’ Compensation Program for the Cannabis Industry National program administrator, Atlas General Insurance Services, LLC, announced its new workers’ compensation program for the cannabis industry in California. This exclusive program with Accredited Surety and Casualty …

Business News: AIR Worldwide, RGL, Encompass

AIR Worldwide Releases Updated Wildfire Model for the United States Catastrophe risk modeling firm AIR Worldwide (AIR) released an updated Wildfire Model for the United States. The model is designed to provide a comprehensive view of the risk of wildfire …

Recent Personal Lines Acquisitions Keep P/C Industry Busy

In the course of a week, two major property/casualty acquisitions were announced. The Hartford announced it intended to acquire Navigators and Safeco announced it would acquire the personal auto and personal property book of business from QBE North America. The …