Wall Street Reports Releases Research on The Hartford, XL Group, First American, CoreLogic and The Hanover [Professional Services Close – Up]

Wall Street Reports announced new research reports highlighting The Hartford Financial Services Group, Inc., XL Group plc, First American Financial Corp., CoreLogic, Inc., and The Hanover Insurance Group Inc.

According to a release, on June 12, The Hartford Financial Services Group, Inc. announced the addition of the Private Choice Ovation.

Tom Tucker, Senior Vice President and Chief Underwriting Officer for The Hartford's Commercial Markets division, said, "As small and midsize business owners navigate increasingly complex laws and regulations governing employment practices, data privacy and private securities, even the best-run organizations can be at risk of a lawsuit.

"Wage-and-hour disputes are among the leading and fastest growing causes of employment practices liability claims today."

The report on The Hartford Financial Services Group, Inc. is available at: [WSReports.com/r/full_research_report/eb10_HIG ]

On June 20, Bermuda Professional Lines Unit of the XL Group plc unveiled a new insurance product, specifically designed for Fortune 500 companies and other large employers who are potentially exposed to employee compensation and classification disputes. The new launch, named as Wage & Hour Liability insurance product, provides coverage for Wage & Hour defense and indemnity liability.

"In recent years the U.S. Department of Labor has been strongly enforcing the Fair Labor Standards Act, and the plaintiffs class action bar has also turned its attention to the fertile ground of broad laws and shifting workforce arrangements emerging in these economically challenging times. This landscape has led to a proliferation of large cases involving alleged violations of Wage & Hour laws, making it one of the fastest growing sources of litigation activity in both U.S. federal and state courts. Companies involved in such disputes, whether the disputes are legitimate or not, are often required to invest an increasing amount of time and resources in what are notoriously expensive cases to defend. They also face potential reputational and operational risks. XL has worked hard to create this tailored product which is available to new and existing clients. We believe that our coverage options will help them better manage their risks," said Matthew Irvine, Chief Underwriting Officer of XL's Bermuda Professional Lines Unit.

The report on XL Group plc is available at: [WSReports.com/r/ full_research_report/5c47_XL]

On June 20, First American Financial Corp.'s largest subsidiary First American Title Insurance Company announced its commercial real estate version of myFirstAm. myFirstAm is a Web portal designed to streamline processes through the provision of title order information, property data, and other tools and resources involved in completing a commercial real estate transaction.

Sally French Tyler, Executive Vice President and Divisional President of National Commercial Services division at First American Title Insurance Company, said, "By providing real-time order and property information, we aim to provide an increased measure of efficiency and convenience for our customers."

The report on First American Financial Corp. is available at: [WSReports.com/r/full_research_report/75a3_FAF ]

On June 25, CoreLogic, Inc. announced that it has entered into a business relationship with Weather Services International. Under the newly formed business relation, CoreLogic will integrate WSI hazard data, starting with localized lightning risk data, into the RiskMeter Online platform to expand the availability of hazard risk analysis tools and solutions to its clients.

Howard Botts, Vice President of Database Development for CoreLogic Spatial Solutions, said, "This agreement with Weather Services International is a tremendous opportunity to provide insurers and other decision-makers access to a new level of understanding in property-level natural hazard risk analysis and plug into a resource unrivaled in the global weather and hazard- monitoring space."

The report on CoreLogic, Inc. is available at: [WSReports.com/r/ full_research_report/7add_CLGX ]

On June 17, The Hanover Insurance Group Inc. showcased its Platinum Experience, a collection of services, solutions, and products to help Illinois independent agent partners win more personal lines account customers. The Company said that the Hanover Platinum Experience is composed of The Hanover Platinum Services, Hanover Platinum Protection, and Hanover Platinum Solutions, which will be launched in other states over the next several months.

Jeremy Jackson, Assistant Regional Vice President of Personal Lines Business at The Hanover, said, "With this offering, we are strengthening our position as the insurer of choice for account customers that value the advice of independent agents as well as elevating our commitment to helping our independent agents succeed."

The report on The Hanover Insurance Group Inc. is available at: [WSReports.com/r/full_research_report/5acb_THG ]

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