Allstate is closing down its call center in Chubbuck, ID after the vast majority of its employees selected to work remotely from home. Constructed in 2011, Allstate’s 78,000-square-foot facility brought between 500 and 600 latest job opportunities to the region when...
The Demotech insurance industry rating firm has withdrawn the financial stability rating for Southern Fidelity Insurance Co. after the carrier said it was unable to finish its reinsurance program at the beginning of hurricane season.Southern Fidelity was founded in 2005 and...
Did that driving on the unsuitable side of the road is the second biggest reason for death on Indian National Highways? The federal government now takes stringent motion against defaulters in the shape of penalties and fines. Read the blog to...
Howden, the London-based independent insurance broker, announced the acquisition of Swiss broker Born Consulting AG. Founded in 2003 and based in Bern, Switzerland, Born Consulting is an independent insurance broker for national and international intermediaries, large firms and the general public...
Canada Pension Plan Investment Board (CPP Investments) is searching for to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund within the face of intense competition, people accustomed to the matter said on Wednesday....
Addressing the various insurance executives in attendance, Carnegie-Brown said the event was a probability to sit up for a hopeful future while looking back on what he called a “cherished” life. “[The Lutine Bell’s] note provided a moment for us all...
Guidewire, an answer ecosystem for the property-casualty industry, and Earnix, a provider of real-time rating, analytical underwriting, dynamic pricing, personalization and telematics services for the insurance industry, have announced a collaboration to facilitate faster adoption and increased ongoing performance of their...
AXA announced it has accomplished the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc, accomplished the acquisition of 100% of the issued share capital of...
TypTap, a five-year old Florida-based author of personal market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The corporate plans to make use of the cash to expand nationally. TypTap said it has obtained...
It’s necessary for people living in earthquake-prone areas to do not forget that standard homeowners and renters insurance don’t cover most earthquake damage. For that reason, Janet Ruiz, Triple-I’s California-based director of strategic communication, advises people within the state to think about buying a...