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Broker acquisitions pick up as economy improves

Merger and acquisition activity among insurance agents and brokers regained momentum in 2011 with 285 announced transactions. That is nearly identical to the 290 announced agent-broker M&As in 2008 and an increase of approximately 100 compared with 2009 and 2010 . The perfect storm of events—the collapse of ... Insurers: IT More Important than Ever

Insurers plan to invest in IT in the coming years and that spend will be on core systems, according to a new report from research and consulting firm Strategy Meets Action (SMA). The report, “Insurance Ecosystem: Positioning for Growth”—based on SMA’s analysts’ considerations, opinions and insights—indicates that the increase is ... Allstate adds roof insurance to improve homeowners revenue

InsuranceHeadlines Breaking News

/Chicago - Allstate Corp., trying to improve profits in its homeowners' insurance business, will launch a new product called House & Home that will deal with losses caused by poorly maintained roofing, its chief executive said Thursday. The Northbrook-based insurer, whose stock whose stock closed ... Top Mobile Auto Insurers Ranked

On the heels of 2011 consumer research that cited mobile as a new, impactful hub of consumers for insurers, a new study from Key Lime Interactive (KLI) revealed State Farm to have the best website among mobile insurers. USAA was cited as having the best mobile application. The mobile ... Ruling on Contraception Draws Battle Lines at Catholic Colleges

Bridgette Dunlap, a Fordham University law student, knew that the school’s health plan had to pay for birth control pills, in keeping with New York state law. What she did not find out until she was in an examining room, “in the paper dress,” was that the student health service ...

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