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Home > Archives for Insurance Updates

Constellation Affiliated Partners Acquires Coastal Insurance Underwriters and Cybercom

Posted on: December 29, 2020 By: Insurance Updates

NEW YORK, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Constellation Affiliated Partners (Constellation) today announced the acquisition of Coastal Insurance Underwriters (Coastal) and Cybercom. Financial terms of the transaction were not Read More

One80 Intermediaries Expands Into Self-Funded, Alternative Risk Business With Acquisition of Brokers’ Risk

Posted on: December 29, 2020 By: Insurance Updates

Brokers’ Risk, a reinsurance intermediary, Managing General Underwriter, surplus lines broker and TPA, further expands One80’s offerings designed for public entities throughout the country BOSTON, Dec. 29, 2020 (GLOBE NEWSWIRE) Read More

Brown & Brown, Inc. Achieves Major Milestone in the Development of New Daytona Beach Campus

Posted on: December 21, 2020 By: Insurance Updates

DAYTONA BEACH, Fla., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that it received a certificate of occupancy from the City of Daytona Beach on Friday, December 18, 2020, for its new Read More

RegEd and AICP Host Joint Webinar on Best Practices in Regulatory Change Management

Posted on: December 18, 2020 By: Insurance Updates

The session provided a snapshot of regulation in the financial services industry, including the impact of COVID-19, and outlined hands-on best practices for ensuring effective compliance.Raleigh, NC, Dec. 18, 2020 (GLOBE Read More

Progressive Reports November 2020 Results

Posted on: December 18, 2020 By: Insurance Updates

MAYFIELD VILLAGE, OHIO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2020:   November(millions, except per share amounts and ratios; Read More

Duck Creek Technologies Announces Date of First Quarter Fiscal 2021 Earnings Call

Posted on: December 17, 2020 By: Insurance Updates

BOSTON, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (NASDAQ: DCT) (“Duck Creek”), a provider of SaaS-delivered enterprise software to the property & casualty (“P&C”) insurance industry, announced Read More

TypTap Insurance Company Receives Approval to Write Homeowners Insurance in Six Additional States as Part of Nationwide Expansion Plan

Posted on: December 16, 2020 By: Insurance Updates

TAMPA, Fla., Dec. 16, 2020 (GLOBE NEWSWIRE) -- TypTap Insurance Company, a rapidly growing, technology-driven insurance company wholly owned by HCI Group, Inc. (NYSE: HCI), has received regulatory approval to write homeowners Read More

Tokio Marine HCC – Cyber & Professional Lines Group Names Vice President of Cyber and Tech Underwriting

Posted on: December 16, 2020 By: Insurance Updates

ENCINO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Cyber & Professional Lines Group today announced that Ari Giller has been appointed Vice President of Cyber and Tech Underwriting, effective November 13, Read More

Beazley Breach Insight: Ransomware severity and costs increase in 2020

Posted on: December 16, 2020 By: Insurance Updates

New York, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has reported that ransomware attacks increased in terms of both severity and costs this year compared to 2019 and have become the biggest cyber threat facing Read More

Brown & Brown, Inc. Enters Into Agreement to Acquire O’Leary Insurances

Posted on: December 16, 2020 By: Insurance Updates

DAYTONA BEACH, Fla., Dec. 16, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Anthony O’Leary, the majority owner of O’Leary Insurances (“OLI”), today announced that Read More

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