Orion180, a leading innovator in the insurance industry, is pleased to announce the expansion of its homeowners insurance services to Arizona.
Author: Annie George
The True Cost of Megamergers in Healthcare: Higher Prices
Prices for surgery, intensive care and emergency-room visits rise after hospital mergers. The increases come out of your pay.
UnitedHealth Says Hackers Possibly Stole Large Number of Americans’ Data
UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, as the largest U.S. health insurer scrambles to contain the damage.
Brown & Brown’s Profit Rises on Higher Income From Fees, Investments
Brown & Brown posted a rise in first-quarter profit on Monday as the insurance brokerage earned more in commissions and fees, while investment returns also improved.
Chubb to Acquire Healthy Paws, a Leading Pet Insurance Provider
Chubb today announced a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent (MGA) specializing in pet insurance, from Aon plc, a leading global professional services firm
The Billionaire Behind Trump’s $175 Million Bond Is No Stranger to Risky Deals
Billionaire businessman Don Hankey made headlines in early April when his company, Knight Specialty Insurance, provided the $175 million bond that Donald Trump posted in his New York civil fraud case.
Munich Re Posts Quarterly Profit of €2.1B as P&C Reinsurance CoR Strengthens
Global reinsurer Munich Re has announced a preliminary net profit of €2.1 billion for the first quarter of 2024, as the firm highlights a better than expected operational performance across all lines of business.
INSTANDA Elevates U.S. Analyst to Global Configuration Lead
INSTANDA, the global provider of no-code insurance platform technology, today announced Jamie Boyer will now serve as the organization’s group configuration lead.
$80M Verdict for Three Zurich American Workers Fired for Off-the-Record Days Off
Three former workers in a Northern California office of the Zurich American Insurance Co. who were fired after taking “off-the-record” paid time off were awarded more than $80 million in damages by a Sacramento jury Thursday, Sacramento attorney Lawrance Bohm announced.
Insurance M&As Slow in Q1 2024: Optis Partners
Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to the lowest level of deals since the beginning of the COVID-19 lockdowns in 2020, according to a report released Friday by Optis Partners LLC.