Content from Andrew Simpson
U.S. Mutual Carrier Growth: Hard and Soft Opportunities
When Larry Jansen took over as CEO of Grinnell Mutual five years ago, the property/casualty insurer's future was uncertain. The carrier, he says, had become a "typical 100-year-old" company. "We were ...
Carriers Challenge CFA Over its No-Fault Auto Insurance Report
A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer ...
CNA CEO Robusto ‘Back in the Game,’ Though 2017 Has Room for Improvement
CNA reported fourth-quarter and full-year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting ...
FIO Director McRaith Leaving Post on Jan. 20
Michael McRaith, who has served as director of the Federal Insurance Office since its creation in 2011, is resigning his post as of Jan. 20 as the Trump administration begins. McRaith announced his ...
Allstate Signs on for Multiyear Autonomous Vehicle Research Project at Stanford
Allstate Insurance Co., the nation's largest publicly held personal lines insurer, is continuing its drive into new technology, agreeing to a multiyear research project with the Intelligent Systems ...
NFL Players With CTE Seek Workers Comp Benefits in New Lawsuit
A group of 38 former National Football League players have sued to force the NFL to pay them workers compensation benefits for the chronic traumatic encephalopathy (CTE) they say they developed as a ...
Allstate Will Pay $1.4B for SquareTrade, a Seller of Mobile Device/Appliance Warranties
The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America's major retailers. Allstate said it will ...
Small Biz Insurance Site CoverWallet Pulls In $7.8M in Funding, Adds Ermilio as President
Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million. ...