Hellman & Friedman to Buy Applied Systems | Cooper Gay Re CEO Resigns

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November 26, 2013 PropertyCasualty360.com
First Notice Hellman & Friedman to Buy Applied Systems from Bain Capital for $1.8B By Reuters Private equity firm Hellman & Friedman has struck a deal to buy insurance software provider Applied Systems from Bain Capital for $1.8 billion, H&F said on Tuesday.…Read more Slideshow Top 10 Most Stolen Motorcycles By Caterina Pontoriero, PropertyCasualty360.com NICB released a report on motorcycle thefts in the U.S. for 2012, based on National Crime Information Center motorcycle theft data.…Read more Industry News NCOIL Calls for Flood Rate Hike Delay; Senate Action Could Come by Year-End By Arthur D. Postal, PropertyCasualty360.com The National Conference of Insurance Legislators added its voice to the growing chorus urging a delay of planned National Flood Insurance Program rate increases, while lobbyists with knowledge of the NFIP say Senate action on such a delay could come by the end of the year.…Read more 5 Tips to Maximize Underwriting Technology Investments By Phil Gusman, PropertyCasualty360.com Insurers are making substantial investments in underwriting technology, but the carriers must ensure that they are not just adding tools to the process and that the solutions actually improve efficiency.…Read more Former Players Sue NHL over Concussions By Reuters Ten former players have filed a class action lawsuit against the National Hockey League (NHL), claiming the league did not do enough to prevent concussions.…Read more Get in-depth coverage of specialty lines of insurance on PropertyCasualty360.com’s Featured Lines pages. Get the info you need today! Cooper Gay Re CEO Resigns After 6 Months By Staff Writer After six months in the position, Ron Carlier leaves the company.…Read more Good Driver/Bad Driver: Who Will Gravitate to Telematics? By Phil Gusman, PropertyCasualty360.com Auto-insurance experts are falling into two camps regarding the future of telematics: good drivers will choose telematics policies that will ultimately be cheaper than classic policies, or bad/new drivers will choose telematics policies to build or improve their experience before switching to a classic policy.…Read more Global Insurers Regain M&A Appetite, Towers Watson Reports By Christina Bramlet, PropertyCasualty360.com In keeping with a larger upward trend, P&C insurers increasingly see value in M&A activities to bolster product portfolios and enable growth.…Read more Iran Nuclear Deal Includes Partial Lifting of Shipping Insurance Ban By Reuters Iran's nuclear deal with the West will make it easier, cheaper and less stressful to trade its oil, thanks largely to a partial lifting of the European shipping insurance ban, a senior Iranian industry official said on Tuesday.…Read more S&P Puts Generali, 2 Others, on Credit Watch Negative By Reuters Standard & Poor's placed Europe's third-biggest insurer Generali on credit watch negative on Tuesday, pending an examination of its sovereign exposure, the ratings agency said.…Read more Engle Martin & Associates Acquires PT&C Forensics By Christina Bramlet, PropertyCasualty360.com The loss adjusting and claims management provider pairs up with a forensic services firm to better serve customers while expanding offerings. …Read more Perspective One Agency's Goals for 2014 By Carrie Reynolds A view from a Main Street agency owner on where her focus will be in 2014.Read more Editors' Picks Progressive Leader Peter B. Lewis Dies at 80 Underwriting and Business Intelligence: Art Meets Science Tower Group Reserve Charges Cast Doubt on Future, Lead to Job Cuts Of Much-Hyped Technologies for Insurers, Mobile Generating Most Buzz Among CIOs Comment of the Day Insurers are supposed to properly assess the risk so that their customers are free to go about their lives and pay only what their likely actuarial risk predicts. By introducing telematics, insurers overreach beyond their proper estimation of risk and directly interfere with their customers' freedom to live. — sunforester, Good Driver/Bad Driver: Who Will Gravitate to Telematics? Featured Lines Environmental Insurance Connect with Us Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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