-
Fidelity National Financial Inc. (FNF) agreed to sell an 85 percent interest in its personal lines business to WT Holdings Inc. for approximately $119 million. Under the terms of the definitive agreement, WT Holdings will acquire Fidelity National Insurance Company, Fidelity National Property and Casualty Insurance Company and FNIS Insurance Services. FNF will retain a 15 percent minority ownership position in the personal lines business.
December 28 -
Amica Mutual received the top honor for overall excellence from InsuranceQuotes.com’s inaugural Insurance Quality Awards.
December 14 -
Potentially simpler interconnectivity and cheaper information dissemination processes could make insurers, and insureds' wallets, very happy.
December 13
-
For the second straight year, MetLife leads life insurers in annuity considerations through the first three quarters, ended Sept. 30, 2011. Prudential Financial and Jackson National Life Group round out the top three in the rankings released by SNL.
December 13 -
United Automobile Insurance Co. (UAIC), a privately held P&C insurer specializing in auto insurance, has deployed BillingCenter as its billing management system. BillingCenter is a product of Guidewire Software, a provider of core system software to P&C insurers.
December 12 -
While the insurance industry was an early adopter of mobile technology for basic communication functions, it has lagged in developing and implementing internal and customer-facing applications.
December 12 -
DST Systems Inc., a provider of information processing solutions and services to the asset management, insurance, retirement, brokerage and healthcare industries, has released DST Insurance Solutions’ InPayce payout solution.
December 9 -
The industry constantly hears about the problem of retiring knowledge workers and that young people aren’t drawn to insurance careers. The Independent Insurance Agents & Brokers of New York (IIABNY) is doing something about it. On December 7 the association hosted more than 50 high school students who participated in InVEST, an insurance industry classroom-to-career education program.
December 9 -
Columbus Life Insurance, a provider of retirement, estate planning and advanced business planning services, has selected iGO e-App to automate and streamline business processes for independent producers. iGO is a product of iPipeline, a creator of marketing, selling and processing solutions for insurance carriers, distributors and producers.
December 8 -
COUNTRY Financial, out of Bloomington, Ill., has licensed the PolicyWriter software suite from Adaptik Corp. to serve as the heart of its next generation personal lines policy administration platform, the companies report.
December 8