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Insurance Business Magazine | January 20, 2020
Auto insurance rates across the US continue to rise, and one state continues to pay the steepest premiums, a new report from The Zebra has found. The insurance comparison site carried out a survey of 73 million rates in 2019, and found that the state of Michigan – already infamous in past years for its high rates – had average annual auto insurance rates of $3,096. This represented a 7.3% increase from 2018’s average, and a 39.5% increase over 2011. By comparison, the national ...
RISK MANAGEMENT
Next by Pacific Life | January 14, 2022
Bubble, the company that has made getting tailored home and life insurance an instantaneous online process, today launched its turnkey Insurance-in-a-Box offering on the heels of $1.75M in pre-seed funding anchored by The House Fund with participation from Tuesday Capital, Correlation Ventures, and North Coast Ventures. With Bubble, real estate and mortgage companies are able to embed digital homeowner's and life insurance seamlessly into real estate transactions. This enables people buying ...
INSURANCE TECHNOLOGY
TrueMotion, Guidewire | February 10, 2021
Guidewire Software, Inc. the platform P&C insurers trust to draw in, advance, and develop efficiently, today announced that TrueMotion, Inc., a main platform for smartphone telematics, has joined Guidewire PartnerConnect as a Solution partner to offer a claims accelerator powered by smartphone telematics data. The companies likewise announced that TrueMotion's new Ready for Guidewire approved accelerator is presently accessible to insurers in the Guidewire Marketplace. Tru...
CORE INSURANCE
NFP | November 09, 2021
NFP, a leading insurance broker and consultant that provides business and personal insurance, group benefits, retirement, and individual solutions today announced its acquisition of Foster Park Brokers Inc. (Foster Park). The transaction closed on November 1, 2021. With the addition of Foster Park, one of Western Canada's largest independent insurance brokerages, NFP is adhering to its strategic plan of building a unified national platform that provides superior expertise and ...
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