Automobile Insurance

The Protection Insurance Industry and IT – A Mixed Picture of Success, Reports FINEOS

June 26th, 2009

FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, announced the findings of the Protection Review survey carried out for the Personal Finance Society (PFS) and sponsored by FINEOS. The survey offers a snapshot of the protection market and the results help the life insurance industry develop the right solutions to meet [...]

UnitedHealthcare by AmeriChoice to Serve Mississippi Children’s Health Insurance Program

June 26th, 2009

UnitedHealthcare by AmeriChoice has been selected by Mississippi’s State and School Employees Health Insurance Management Board to be the state’s partner in its Children’s Health Insurance Program (CHIP).
When the new policy begins in January 2010, UnitedHealthcare will be the exclusive health plan for approximately 65,000 children throughout Mississippi who are enrolled in CHIP.
“Particularly in these [...]

Liberty Mutual Debuts Online ‘Driver Seat Game’ to Give Perspective on Senior Driving Challenges

June 18th, 2009

Liberty Mutual, the eighth largest car and home insurer in the U.S., today launched its online “Driver Seat Game,” a flash-based video game that will allow players of all ages to experience first-hand the physical and cognitive limitations that older drivers may experience while operating a motor vehicle. The goal of the game — found [...]

OneBeacon Launches Energy Insurance Business

June 18th, 2009

OneBeacon Insurance Group announced the formation of its newest specialty business – OneBeacon Energy Group, which targets upstream and midstream mid-market energy risks, as well as alternative and renewable energy sources.
Initial coverage offerings include monoline property, monoline general liability, and general liability combined with auto liability. These are available to the exploration and production, [...]

Willis Chief Sees Financial Turmoil as a Golden Opportunity for the Insurance Industry

June 17th, 2009

In a time of financial turmoil, the insurance industry faces an unprecedented opportunity to begin selling on value and not on price, Joe Plumeri, Chairman and CEO of Willis Group Holdings the global insurance broker, told delegates at Insurance Day’s Summit Bermuda here. Delivering the keynote address at today’s event, Plumeri said that the [...]

Maiden Holdings, Ltd. to Present At FPK-Small & Mid-Cap Bank and Insurance Conference in New York On Thursday, June 18, 2009

June 17th, 2009

Maiden Holdings, Ltd. that the Company will be participating in the 2009 Fox-Pitt Kelton Cochran Caronia Waller (FPK) Small & Mid-Cap Bank and Insurance Conference being held on June 18, 2009. The Conference will be held at the Roosevelt Hotel New York, located in mid-town Manhattan.
Maiden President and CEO Art Raschbaum is scheduled to present [...]

FireSafe Montana Joins Farmers Insurance for a First-Ever Montana Wildfire Awareness Week Announcement

June 16th, 2009

Fire season is here, and with dry weather comes the threat of wildfires. That is why Farmers Insurance and FireSafe Montana will conduct a first-ever press conference in front of the State Capital on June 18, 2009 at 10:00 a.m. to announce Fire Prevention Week in Montana.
“The purpose of the Fire Prevention Week is to [...]

Farmers Insurance Announces Building Expansion in Caledonia, Preparing for Continued Growth in Michigan

June 16th, 2009

Farmers Insurance Group of Companies announced that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. This development is thanks in part to an attractive incentives package offered by the Michigan Economic Development Corporation (MEDC). The expansion will create a significant number [...]

Empire BlueCross BlueShield Adds Life Insurance, Becomes Full-Service Benefits Provider

June 9th, 2009

Empire BlueCross BlueShield (Empire) announced approval by the New York Department of Insurance to begin offering Life and Disability insurance as part of their broad benefit portfolio. Available through the New York-based affiliate, Anthem Life & Disability Insurance Company, this addition makes Empire a leading information resource and one-stop shop for medical, pharmacy, dental, vision, [...]

XL Insurance Teams Up With National Indemnity To Provide ‘Side A’ Directors & Officers Coverage

June 9th, 2009

XL Insurance, XL Capital Ltd’s global insurance operations, announced a new agreement with National Indemnity Company (”National Indemnity”), an insurance company subsidiary of Berkshire Hathaway Inc. Under this agreement, and its related reinsurance agreement, National Indemnity will issue endorsements to “Side A” Directors & Officers policies.
“Given today’s business climate, we believe that this enhanced ‘Side [...]