MONTRÉAL& SAN MATEO, Calif.—- GroupAssur and Guidewire announced that GroupAssur has selected Guidewire to boost operational efficiencies and deliver an enhanced experience to brokers. “The managing general agent market is quite unique, and we found that solutions built for brokers did not meet all of our needs as we’ ve grown and evolved, especially regarding…
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–A-MAX Auto Insurance, an industry leader specializing in providing low-cost insurance to thousands of residents and businesses, is pleased to announce the opening of its newest branch in Balch Springs, Texas. Located at 12227 Lake June Rd, Ste 200, the new office will be the 64th A-MAX office to open its doors in the Dallas-Fort Worth metroplex.
Federal Reserve Chair Jerome Powell will be answering questions on Capitol Hill on Tuesday, and some will surely be targeted at the Fed's plans to raise interest rates in the coming months. Many banks set aside a lot of money to offset possible loan defaults at the height of the pandemic, according to Jason Ware, chief investment officer at Albion Financial Group.
–via NewMediaWire– Reliance Global Group, Inc., which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that it has completed the previously announced acquisition of Medigap Health Insurance Company in an asset purchase transaction. Ezra Beyman, CEO of Reliance Global Group,…
SUMMARY: This regulation implements inflation adjustments to civil money penalties that the Farm Credit Administration may impose or enforce pursuant to the Farm Credit Act of 1971, as amended, and pursuant to the Flood Disaster Protection Act of 1973, as amended by the National Flood Insurance Reform Act of 1994, and further amended by the Biggert-Waters…
Global Reinsurance Market Statistics 2027. BENGALURU, KARNATAKA, INDIA, January 11, 2022/ EINPresswire.com/– The global Reinsurance market size is projected to reach US$ 354540 million by 2026, from US$ 282460 million in 2019, at a CAGR of 3.3% during 2021-2026. Reinsurance is bought by an insurance firm from another insurance company to protect itself from the…
–Obsidian, an A.M. Best rated "A-" hybrid fronting program carrier, launched a partnership with Integrated Specialty Coverages, LLC, a leading technology driven program administrator with significant experience and presence in underwriting contractors and tradesmen on a nationwide basis. The ISC Contractors GL program will be written on Obsidian's "A-" A.M. Best…
Charles Taylor, a leading provider of claims and technology solutions to the global insurance market, announced today that it has acquired Contego Investigative Services, a nationally licensed counter-fraud and investigation firm providing services to top payors across the United States. “Contego is another critical addition to the Charles Taylor…
One80 Intermediaries, a specialty insurance broker headquartered in Boston, today announced that it has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager. The acquisition of PMC not only deepens One80’ s workers’ compensation offerings; the partnership also expands our broker relationships throughout the country,”…
–COPE Health Solutions partnered with eternalHealth to create the first licensed start-up health plan in Massachusetts since 2013. Boston- based eternalHealth is now live and accepting members for its new consumer-centric Medicare Advantage Prescription Drug plan in Massachusetts– one that is locally owned, community-focused, and targeting women, who…
–Exela Technologies, Inc. today announced that it continues to expand its relationship with a leading health insurance organization that spans almost two decades. The latest expansion is valued at $6.2 million of additional contract value revenue.. “We are proud of our long standing partnership and privileged to be part of customer’ s digital transformation…
–King Insurance, a fast-growing full-service insurance brokerage firm that provides a variety of property& casualty as well as employee benefits solutions, announced today the acquisitions of Don Martin Insurance, Inc. and Insurance Den, Inc.. DMI has 3 offices in the Central Florida area located in Orlando, Fanning Springs and Cross City.
Omnichannel Acquisition Corp., a publicly traded special purpose acquisition company, announced today that its registration statement on Form S-4, relating to the previously announced business combination with Kin Insurance, Inc., has been declared effective by the U.S. Securities and Exchange Commission and that it will commence mailing of the…
–Stealth Partner Group, an Amwins company and the premier stop-loss general agency, announced the launch of its new comprehensive Stealth Captive Solutions. The new solution offers employers across any industry the option of flexible, self-funded health insurance plans in a cooperative risk share environment featuring unique cost containment solutions…
–OTC Markets Group Inc., operator of financial markets for over 11,000 U.S. and global securities, today announced Randall& Quilter Investment Holdings Ltd., a non-life global specialty insurance company, has qualified to trade on the OTCQX ® Best Market.. For companies listed on a qualified international exchange, streamlined market standards enable them to…
Ares Management Corporation announced today that Jeffrey Hughes has joined the Ares Credit Group to lead the firm’ s new effort in sourcing and managing privately placed investment grade credit investments. In this newly created role, Mr. Hughes joins as a Managing Director and reports to Kipp deVeer, Head of the Ares Credit Group. With more than 25 years of…
Harleysville Worcester Insurance Company, part of Nationwide, filed the lawsuit last month against the New Jersey- based Digital Gadgets LLC, seeking $71,000 to recoup the money it paid out to Abington homeowner Hector Dejesus. The insurance company's attorney, Michael St. Andre, said in the lawsuit complaint that two hoverboards in Dejesus' garage at 27 Adley…
SACRAMENTO >> Backed by soaring revenues amid the pandemic, California Gov. California taxpayers already pay for the health care of young adults and people 50 and over living in the country illegally, provided they meet certain income requirements. Now, Newsom wants California to become the first state to cover all adults who are living in the country illegally, a…
CPP Group's parametric platform, Blink Parametric, has announced a partnership with AwayCare, a premier Managing General Agent provider of travel insurance products in Canada. The age will be underwritten by leading Canadian insurance group Northbridge Financial Corporation, a Fairfax company, supporting the delivery of flight disruption insurance…
