Specialist loss adjuster vrs VeriClaim, a wholly owned subsidiary of Sedgwick Claims Management Services, Inc., completed its acquisition of Certo chartered loss adjusters to develop its third-party administration and commercial loss adjusting capability.
IBHS has initiated a long-term aging program to study performance of aged roofing materials when subjected to severe weather, high wind or impact tests.
Commercial rates for all P&C lines continued in a holding pattern in May, while personal insurance rates held steady at plus 1%, matching the rate increase reflected in April 2015.
Merger and acquisition (M&A) activity in the insurance industry is increasing, although the number of deals still remains well below levels seen before the financial crisis, according to Swiss Re's latest sigma study, M&A in Insurance: Start of a New Wave?
Trying to save on your car insurance premiums in New Jersey by lying about where you drive and garage your vehicle can now send you to prison and cost you a big fine.