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EagleView accused Verisk of infringing patents for roof analysis tools in its Xactware repair estimate products. -
The president of Allstate personal lines opened the InsurTech Connect conference in Las Vegas on Tuesday.
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The Sompo and Munich Re-backed startup is planning to focus on business partnerships.
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The new division will partner with retailers to provide tailored warranty services for consumer products.
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The level of restructuring of coverage in the quarter and the breakdown of price increases by month point to a change in risk appetite.
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Commissioner Donelon orders State Farm to cease and desist over Hurricane Barry deductible dispute.
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As part of the deal, the Floridian carrier will add two new board directors and hold an annual shareholder meeting on 17 October.
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The carrier's core earnings rose by 17.7 percent year over year to $1.33 per share in Q2 2019.
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General insurance policy director James Dalton says “all options are on the table”.
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Adverse development from the 2018 accident year adds another $15mn to the tally.
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Outgoing CEO Sean Downes will be executive chairman.
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The appointment follows a spate of recent marine and energy reinsurance hires at the business.
