Allianz took a minority stake in Berlin-based Simplesurance, which distributes its products in 28 European countries via customer portals like Schutzklick.de in Germany as well as some 1,500 online shops, in an...

Oscar health insurer, the one that offers plans to individuals living in parts of New York, New Jersey, California and Texas, is making plans. First, it plans to start selling health insurance...

CA Insurance Commissioner Dave Jones is welcoming Allstate back into the California homeowner insurance market this week, after a nine year absence writing new homeowner policies. Allstate also entered into an...

A mutual insurance company can convert to a mutual insurance holding company structure by electing to do so under the applicable insurance statutes, and obtaining the necessary approvals of members,...

Tampa-based insurance firm HCI Group spent $25 million earlier this year to launch its online flood insurance platform, TypTap Insurance; “a digital platform, designed to fit the mold for how people...

Zurich is selling its Moroccan and Taiwanese insurance businesses. Allianz will be purchasing the Taiwanese unit for $347.9 million while car vendor Hotai Motor will be purchasing the Taiwanese insurance business for $198 million,...

Insureon CEO Ted Devine is attributing the latest layoffs to its technology, which has allowed the Chicago-based digital agency to become more efficient. The agency is part an online quoting platform and part...

MassMutual (MM) launched ValoraLife, a digital platform for Term and Term Plus life insurance products, that’s currently available in Houston. Value Proposition: affordable coverage in 30 minutes tops. Celebrity entertainer Mario Lopez helped with the...

Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) and The Phoenix Companies, Inc. (NYSE:PNX) (“Phoenix” or the “company”) today announced the successful completion of Nassau Re’s previously announced acquisition of Phoenix...

Ohio-based IT services shop Marias Technology won over Diamond Specialty Insurance, a startup MGA serving the Texas marketplace, thanks to its Software Testing and CIO/IT Management On Demand services. Same Marias that...

Zenefits cofounder Parker Conrad is hiring but it is not clear for what. What is clear is that an ex-Zenefits employee, Prasanna Sankar, is game. And this is why you pay a...

Hartford Steam Boiler launched a new personal lines cyber policy that covers Internet of Things and smart home equipment, in the case of an attack. And since it wouldn’t be right...

The insurer launched a social media campaign encouraging small-business owners to enter for a chance to have their business featured on Dale Earnhardt Jr.’s No. 88 Nationwide Chevy SS because there’s more...

Allianz Risk Transfer AG (ART) and Nephila Capital Limited (Nephila) announce that they have successfully piloted the use of blockchain smart contract technology for transacting a natural catastrophe swap. The...