Farmers Insurance
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The carrier's first cat bond featured a new subrogation extension mechanism.
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The hire follows recent D&I initiatives by Farmers, including a pledge to sponsor college golf tournaments for Black student athletes. -
In its most recent attempt to support black student golfers, Farmers will serve as presenting sponsor of four events within the next year.
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The newcomers are finding it more difficult to disrupt the sector than they had expected.
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The move could pull more than 30,000 policyholders from the state’s last-resort coverage.
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Harrison replaces Scott Lindquist, who had been Farmers’ CFO since 2008.
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Research has identified a link between a spate of earthquakes in the early 2010s and wastewater injection by oil and gas well operators.
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Farmers Insurance has returned to the Louisiana property and casualty market after a seven-year hiatus, the state’s insurance commissioner has confirmed.
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The carrier now provides policies for drivers using the app in 16 states and the District of Columbia.
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The Zurich-owned P&C carrier has taken an undisclosed stake in the InsurTech.
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The ratings agency will conduct a review of the carrier's capitalization.
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Kemper today become the latest carrier to announce a partial refund for customers.
