While it is expected to receive very little support in a Republican controlled Congress President Obama is once again looking at changes in the tax structure for reinsurers.
Full Article: http://www.fi-magazine.com/news/story/2015/02/president-once-again-takes-aim-at-reinsurers.aspx
Building on its strong partnership with Mitsubishi Motors in the UK, Allianz Global Assistance UK has developed an online service to bring Mitsubishi drivers the opportunity to purchase Extended Warranty products..
Full Release: http://www.sourcewire.com/news/86143/allianz-global-assistance-uk-offers-extended-warranty-to-mitsubishi-customers
CNA National Warranty Corporation announced that more than $38 million was returned to automobile dealers across in 2014 through its various participation plans…
Full Article from F&I Magazine: http://www.fi-magazine.com/news/story/2015/02/cna-s-participation-plans-distributes-more-than-38-million-in-2014.aspx
Gross written premium of $1.46 billion for the quarter and $6.09 billion for the year…
Full Release: http://ir.amtrustgroup.com/releasedetail.cfm?ReleaseID=895835
Assurant Inc. reported fourth-quarter 2014 net operating income of 87 cents per share…
Full Article: http://www.zacks.com/stock/news/164384/assurants-aiz-q4-earnings-miss-estimates-down-yy
The Warranty Group announced a multi-year agreement with AutoNation to underwrite and administer AutoNation’s branded service contract program.
Full Release: http://www.marketwired.com/press-release/the-warranty-group-and-autonation-announce-multi-year-agreement-1990559.htm
Insurance services company unifies existing brands in order to maximize customer benefits and optimize their experience.
Full Press Release: http://www.businesswire.com/news/home/20150106005440/en/Fortegra-Financial-Unifies-Existing-Divisions-Single-Marketing#.VK1CJIrF87O
NEW YORK & JACKSONVILLE, Fla.–(BUSINESS WIRE)– Tiptree Financial Inc. (NASDAQ:TIPT) (“Tiptree”) and Fortegra Financial Corporation (“Fortegra”) announced today completion of the previously announced merger of Fortegra into a subsidiary of Tiptree for approximately $218 million in cash. As of today, Fortegra’s common stock will no longer be registered with the SEC nor trade on the New York Stock Exchange.
Accenture survey shows more than two-thirds of policyholders would consider purchasing insurance products from organizations like Amazon, Verizon or Google…
Full Article: http://www.ibamag.com/news/would-you-buy-insurance-from-google-your-clients-would-17173.aspx