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PURE Insurance brings new solutions to California high net worth insurance marketplace By IBR Staff Writer
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, announced that it has begun to accept new members (policyholders) in California.
General Insurance > Commercial lines > News
XL Group unveils enhanced yacht insurance By IBR Staff Writer
More coverage for Search & Rescue, stolen boat reward, ship's cash and continued coverage for crew during a covered loss are among the new luxury yacht insurance enhancements that XL Group's Recreational Marine insurance business unveiled at the 55th Annual Fort Lauderdale International Boat show.
General Insurance > Commercial lines > News Hub International to acquire assets of Laurus Strategies By IBR Staff Writer
Hub International announced that its Chicago-area region Hub International Midwest has entered into a definitive agreement to acquire the assets of Laurus Strategies from CSIG Holding Company.
General Insurance > Commercial lines > News
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American Overseas buys Orpheus Group
By IBR Staff Writer
Bermuda-based insurance holding company American Overseas Group (AOG) has acquired Orpheus, which is a specialty writer of non-standard auto (NSA) business in the US.
General Insurance > Commercial lines > News
Allied World North America launches new mergers and acquisitions unit for Canada
By IBR Staff Writer
Allied World North America, part of Allied World Assurance, has introduced a new Mergers & Acquisitions (M&A) line for the Canadian market, in a bid to expand its professional lines business.
General Insurance > Commercial lines > News
Assurant to acquire French mobile insurance administrator CWI Group
By IBR Staff Writer
US-based Assurant Solutions is set to acquire French mobile insurance administrator, CWI Group, for around €56m ($71m).
General Insurance > Commercial lines > News
XL Group names new COO for North America Property & Casualty insurance business
By IBR Staff Writer
XL Group's North America Property & Casualty (NAPC) insurance business has promoted Donna Nadeau to the position of chief operating officer (COO), reporting to Joe Tocco, NAPC Chief Executive. Ms. Nadeau previously served as NAPC's Chief Actuary.
General Insurance > Commercial lines > News
Allianz creates new mid-corporate line of business
By IBR Staff Writer
Allianz Global Corporate & Specialty (AGCS) has created a new line of business to provide services to mid-size companies.
General Insurance > Commercial lines > News
AssuredPartners announces asset acquisition of Turner & Hamrick
By IBR Staff Writer
AssuredPartners through a subsidiary, has purchased the assets of Turner & Hamrick, headquartered in Troy, Alabama.
General Insurance > Commercial lines > News
Mercury General to buy Workmen's Auto Insurance
By IBR Staff Writer
US-based insurance company Mercury General has entered into an agreement to acquire Workmen's Auto Insurance, for around $8m.
General Insurance > Commercial lines > News
XL Group introduces new recreational marine insurance programs
XL Group is extending its underwriting expertise and insurance capacity to more recreational marine businesses, introducing three new tailored marine insurance programs to protect boaters, marinas and vessels.
General Insurance > Commercial lines > News
University of California and ARAG announce employee benefit partnership
By IBR Staff Writer
The University of California and ARAG, a leader in legal insurance, announced a partnership to provide legal benefits to alumni of University of California campuses including UC Davis and UC Berkeley.
General Insurance > Commercial lines > News
ACE receives regulatory approvals to close acquisition of Corporate P&C Insurance business of Itaú Seguros
By IBR Staff Writer
ACE announced that it has received all regulatory approvals needed for closing its acquisition of the large corporate property and casualty (P&C) business of Itaú Seguros, from Itaú Unibanco, a transaction that will make ACE the largest commercial P&C insurer in Brazil.
General Insurance > Commercial lines > News
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