Universal North America

Gallagher | February 13, 2020

Arthur J. Gallagher & Co. has acquired Affiliated Benefit Consultants in Oakbrook, IL. Terms of the transaction were not disclosed. Affiliated Benefit Consultants, founded 1986, provides a range of benefits consulting services to clients throughout the US. Following the transaction, Affiliated Benefit Consultants president John Araujo and his associates will continue to operate in their current location under the direction of Gallagher Great Lakes region employee benefits consulting and brok...

Texas Farm Bureau Insurance | April 29, 2020

Texas Farm Bureau Insurance (TFBI) is refunding more than $20 million to it auto insurance customers, in response to the decrease in accidents following COVID-19 social distancing rules. A release explained that the company’s auto insurance policyholders will be credited and/or refunded 15% of their insurance premiums for two months. Those credits/payments will begin May 15, 2020. Policyholders will not need to take any action to claim their credit refund, TFBI said. For thos...

Annuities

WEBSURANCE | December 02, 2021

Howell Benefit Services, Inc. (HBS), and Howell Benefit Technologies LLC (dba RATECentric) have released WEBSURANCE, a fully insured health and welfare benefits trust featuring top ranked group insurance companies for carriers, producers, and employers. In conjunction with the Trust, a paperless, digital WEBSURANCE platform was also launched enabling carriers and producers to offer employers superior level benefit plans, competitive pricing, and extended rate guarantees. HBS is pl...

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...