CNA has enhanced its coverages for precasters, the Concrete Product Rework endorsement which will reimburse precasters for expenses arising out of the removal, repair or replacement of defective precast concrete products.
LV=, a general insurer in the UK, has selected Guidewire Software, a provider of core systems to property/casualty (general) insurers, as the provider of its new claims handling platform for its home and motor insurance lines of business.
PRI, North Shore-LKJ Renew Contract For Professional, General Liability Insurance
Physicians’ Reciprocal Insurers (PRI), a malpractice writer in New York State, said that North Shore-Long Island Jewish Health System has renewed its contract with the company for professional and general liability insurance through 2012. PRI has been North Shore-LIJ’s insurance provider since 2004.
Unitrin To Sell Reserve National
Unitrin has entered into an agreement to sell its health insurance subsidiary, Reserve National Insurance Company, to Physicians Mutual.
Allianz Acquires Itau Unibanco's 14% Stake In Brazilian Subsidiary Allianz Seguros
Allianz has acquired the outstanding 14% of the Brazilian subsidiary Allianz Seguros that were held by Brazil's private sector bank Itau Unibanco.
Aspen To Manage Insurance, Reinsurance Businesses Under Separate Brands
Aspen Insurance Holdings has unveiled a new corporate structure, whereby it will manage its insurance and reinsurance businesses under two separate brands Aspen Insurance and Aspen Reinsurance, to enhance and better serve its global customer base.