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State Farm, U.S. Bank | March 06, 2020
State Farm and U.S. Bank – a major commercial bank – have announced a strategic alliance, wherein U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts. The partnership also allows State Farm agents to introduce U.S. Bank deposit products and co-branded credit cards to State Farm customers. A release noted that the alliance is part of State Farm’s broader strategy to exit banking operations. Both companies also have plans to eventually offer St...
Core Insurance, Insurance Technology
Branch | February 13, 2023
Branch®, a full-stack insurance business that uses technology, data, and automation to make home and vehicle insurance more accessible and affordable, has introduced condo insurance, increasing its selection of instantly bindable products. Condo insurance will be launched across Branch's accessible states, beginning with Ohio, in the coming months. Branch transformed the purchasing process by needing just a consumer's name and address to get an instant estimate for c...
Core Insurance
Save The Bay | January 27, 2022
Advocacy of clean waterways is top priority for Safe Harbor Pollution Insurance, which is why a partnership with Save The Bay is a natural fit. Safe Harbor offers the largest spill response network in the vessel pollution industry, which allows for the opportune response in the crucial first moments of marine oil spills. Additionally, most of its staff are based in North Kingstown, RI – where the office overlooks Narragansett Bay – the very body of water Sa...
GEICO | July 17, 2020
A new report by Fitch Ratings reveals that not only are US personal line insurers expected to see underwriting profits this year despite the pandemic, but there could be soon a reshuffle of America’s top insurers. The report said that the ongoing pandemic is “substantially affecting” the insurance industry in terms of underwriting and investment. Personal line insurers, in particular, are heavily impacted by the decline in risk exposures related to changes in economic and socia...
Life Insurance
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