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Zurich Insurance Nearing Deal to Buy Deutsche Bank’s Italian Advisers Unit: Sources Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people familiar with the matter. Zurich has emerged as the leading candidate to buy DB Financial Advisors in a deal that … POSTED AUGUST 03, 2021 4:11 PM

People Moves: Ensurance Hires D’Aliesio as Casualty U/W; Chaucer’s Litterick to Occam for Low Carbon Energy; Stephenson to Aqueous as Snr U/W This edition of International People Moves covers London-based appointments at three managing general agents: Ensurance, Occam and Aqueous Underwriting. A summary of these new hires follows here. MGA Ensurance Hires D’Aliesio as Senior Casualty Underwriter Ensurance, the specialty lines managing … POSTED AUGUST 03, 2021 3:40 PM

7 Insurtechs With Multibillion-Dollar Valuations A number of insurtech startups are coming to market through blank-check companies. Here are valuations of several that have announced special purpose acquisition company (SPAC) plans. (Reporting by Alwyn Scott) POSTED AUGUST 03, 2021 2:30 PM

People Moves: Hartford Names Burns to Lead Marketing, Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO Christopher Swift. She succeeds Kathleen Bromage, who … POSTED AUGUST 03, 2021 2:06 PM

AM Best Assigns Credit Ratings, Stable Outlook to Workers’ Comp Writer SUNZ AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to SUNZ Insurance Co. of Bradenton, Florida. The outlook assigned to these Credit Ratings (ratings) is stable. AM Best said … POSTED AUGUST 03, 2021 12:30 PM

Homeowner Insurtech Hippo to Go Public Today As Real Estate Market Remains Hot Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get coverage, Hippo’s chief executive said in an interview. The company, which has a $5 billion valuation and is due to … POSTED AUGUST 03, 2021 11:16 AM

Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to top officials from central bank umbrella group the Bank for International Settlements (BIS). Global watchdogs are increasingly wary that the … POSTED AUGUST 03, 2021 10:52 AM

Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers Required.” Rather than prices … POSTED AUGUST 03, 2021 10:15 AM

Massachusetts Sues Grubhub Over Fees Charged During Pandemic Online food delivery platform Grubhub charged some Massachusetts restaurants illegally high fees during the coronavirus pandemic, the state attorney general’s office alleged in a lawsuit filed Thursday. The suit, filed in Suffolk Superior Court, seeks refunds for those restaurants as … POSTED AUGUST 03, 2021 10:00 AM

Calls for Suicide Barriers Went Unheeded Before Fourth Hudson Yards Death The architects say they had designed safety partitions to deter suicides. The Community Board repeatedly urged Hudson Yards to install them. But when a 14-year-old boy leapt to his death from The Vessel this week, the developer, Stephen M. Ross … POSTED AUGUST 03, 2021 10:00 AM

Progressive Agent Articles - Insurance Basics

Auto Insurance Made Easy Understanding insurance can often be like trying to learn a foreign language. Many find it confusing and intimidating. Fortunately, there's help. Here is a quick reference designed to help you understand some of the most common kinds of coverages. The reference was put together by The Progressive Group of Insurance Companies. POSTED JANUARY 14, 2009 1:00 PM

Fact or Fiction: Uncovering Auto Insurance Myths Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they're buying. In the rush to feel “covered,” they can skip the details. That can lead to frustration. Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies. POSTED FEBRUARY 12, 2009 1:00 PM

Putting Insurance Companies to Work for You Car insurance may be one of the last things that comes to mind when you think about saving time, but the insurance company you choose can actually have a big impact on your time should trouble strike. POSTED MAY 06, 2009 1:00 PM

Car Insurance Myths Debunked Do red cars really cost more to insure? Is Comprehensive coverage really comprehensive? Should you and your neighbor be paying the same amount for car insurance? Leading car insurer Progressive debunks a few of the more widely held myths. POSTED AUGUST 27, 2009 1:00 PM

Six Steps To Take If You're In An Accident Car accidents can wreak havoc on an otherwise peaceful day. Even if they’re minor, they can often create confusion. You might ask yourself, how should I react? What should I do? Leading car insurer Progressive offers these simple steps to follow after an accident. POSTED NOVEMBER 05, 2009 1:00 PM

Used Car Buying Tips Before you buy a used vehicle, here are a few tips from leading car insurer Progressive to make sure you're getting your money's worth. POSTED JANUARY 04, 2010 1:00 PM

Cutting New-Car Costs To help consumers control car costs—from sticker price to insurance premiums—The Progressive Group of Insurance Companies offers these tips. POSTED MARCH 15, 2010 1:00 PM

Four Questions To Get The Right Auto Insurance Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is involved in an accident. POSTED MAY 17, 2010 1:00 PM

Take Action to Avoid Driving Distractions It may seem harmless to answer a quick call, grab a bite to eat or let your dog ride in your lap when you're behind the wheel. But in 2008, accidents caused by distracted drivers injured about 515,000 people. It takes two hands, a sharp eye, and your full attention to safely drive your car. Anything that keeps you from doing so means you're driving while distracted, or "DWD." POSTED OCTOBER 10, 2010 1:00 PM

Smart Tips for Insurance Shoppers When buying a car, there's more to consider than the make and model. Price, size, gas mileage—even the way it feels behind the wheel—affect your decision. You also should weigh your options when buying auto insurance. With many brands and features and price ranges out there, it pays to do your homework. POSTED JANUARY 31, 2011

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