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State Farm | July 07, 2020
The Louisiana Insurance Commission has approved a 9.6% permanent rate decrease in auto insurance policies for all State Farm Insurance policyholders in the state, commissioner Jim Donelon announced on Monday. This marks the fourth occasion State Farm has reduced rates in recent times. In 2018, the insurer slashed 4.5% off auto insurance rates, followed by a 6.5% cut in 2019 and a 2.3% reduction last March. The company has decreased rates by a total of 23% in the last two years....
Arch Capital Group | February 25, 2020
Natixis SA agreed to sell most of its remaining stake in credit insurer Coface SA to Arch Capital Group in a 480 million-euro (US$521 million) deal that may allow the French lender to return more excess cash to shareholders. Arch Capital, a US specialty and mortgage insurer, will acquire 29.5% of Coface at 10.70 euros a share, Natixis said Tuesday. That’s a discount of 6% to Monday’s closing price. The French bank will keep its remaining 12.2% stake as a financial investment. Natixis...
CORE INSURANCE
Ameritas | January 17, 2022
Ameritas has introduced enhancements to its whole life insurance products, creating additional options to help meet client needs while maintaining current product competitiveness. The four new whole life insurance products are Ameritas Access Whole Life, Ameritas Growth Whole Life, Ameritas Growth 10-Pay Whole life and Ameritas Value Plus Whole Life. The products are issued by Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. in New York and became effective Jan. 1. Read More
INSURANCE TECHNOLOGY
Zywave | March 24, 2022
Leading insurtech provider, Zywave, announced today that it has been recognized as a leader by Forrester Research in "The Forrester Wave™: Digital Insurance Agency Platforms, Q1 2022" report. According to the report, "The latest digital insurance agency platforms (DIAPs) support agents' technology needs through open, API-based offerings, extensive technology and carrier partner ecosystems, and digital agency and customer journey capabilities." The rep...
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