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Insurance Technology

Combined Insurance | April 29, 2022

Combined Insurance, a Chubb company and a leading North American provider of supplemental insurance sold both directly to individuals and at the worksite, today announced charitable grants to two nonprofits focused on supporting military service members, veterans, and their families. The contributions are in keeping with the company's longstanding philanthropic efforts and its enduring commitment to giving back to those who have served the nation. The recipient organizations a...

Life Insurance

Mercury Insurance | November 19, 2021

Beginning January 3rd, 2022, Mercury Insurance (NYSE: MCY) is rolling out Mercury's My Workplace, a new business model that will allow team members to choose where they want to work. It will give many of the company's team members the freedom to work from home, which may be anywhere in the United States, from the office, or a hybrid combination of both. "Mercury Insurance has learned a lot about how our team members work and how they have taken care of our policyholde...

FCCI Insurance Group | June 20, 2020

P&C insurer FCCI Insurance Group is expanding its commercial insurance business into the state of Pennsylvania, where it will begin writing insurance starting September 01, 2020. Prior to expanding its commercial insurance business in the state, FCCI had been providing Pennsylvania with commercial and contract surety since 2015. The business expansion brings the total number of states in which FCCI operates to 20, as well as the District of Columbia. FCCI began accepting new business submiss...

Insurance Business Magazine | January 29, 2020

Total insurance industry deals for December totaled $14.31 billion, according to analytics company GlobalData’s deals database. The value represented a 233.5% month-over-month spike, and an increase of 224.4% over the 12-month average of $4.41 billion. There were fewer overall deals, however, with a total of 93. That’s a drop of 3.1% over the last 12-month average of 96 deals. North America led deals activity with deals totaling $9.02 billion, according to GlobalData. The top five in...