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At the same time it is settling a New York class action about underpaying totaled loss claims for $48 million, Progressive Insurance, in a separate case, has agreed to an $18.3 million settlement over allegations that its carriers failed to …
Posted: Jul 10, 2024
Artificial Intelligence (AI) and climate change have emerged as the top priorities for insurance executives worldwide, according to a survey by the International Insurance Society (IIS). The ILS 2024 Global Priorities Survey aimed to identify the...
Posted: Jul 10, 2024
Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep. The plastic surrounding the AC power adapter that was supplied with some of …
Posted: Jul 10, 2024
This post is part of a series sponsored by PCF Insurance Services. The frequency and impact of cyberattacks are escalating at an alarming rate in today’s modern world. According to Cybersecurity Ventures, a business falls victim to a ransomware...
Posted: Jul 09, 2024
Two recent One Call hires demonstrate the positive effect external talent and perspectives have on bringing forth successful workers’ compensation solutions. The post
Posted: Jul 09, 2024
With expanding wildfire risk, insurance isn't enough. Insureds also need to invest in risk mitigation to help protect their properties. The post
Posted: Jul 09, 2024
Houston is struggling through Hurricane Beryl’s chaotic aftermath, with blackouts, blocked roads, internet disruptions and spotty access to gas expected to linger well after the storm’s floodwaters recede. More than 1 million homes and bu...
Posted: Jul 09, 2024
This move follows similar exits by other insurers.
Posted: Jul 09, 2024
The insurer seeks to enhance medical outcomes for injured workers, improve reserve accuracy, and lighten administrative burdens for claims professionals.
Posted: Jul 09, 2024
Verisk’s ISO Experience Index can help the insurance industry quickly assess changes in risk patterns and the cost of insuring risk.
Posted: Jul 09, 2024
From the continued heat in the personal auto market, to the consequences of risk misclassification, emerging risks such as short-term rentals and lithium batteries, June articles provide analysis of industry trends and market conditions.
Posted: Jul 09, 2024
As part of its ongoing digital transformation, the Mexican insurer seeks to offer innovative products that meet changing customer demand.
Posted: Jul 09, 2024
A Southern California wildfire that grew to be the biggest of the year is now at nearly 27,000 acres. The Lake Fire in Santa Barbara County erupted on Friday northeast of Los Olivos. An evacuation order was issued for an …
Posted: Jul 09, 2024
Posted: Jul 09, 2024
Posted: Jul 09, 2024
CSU Ups 2024 Atlantic Hurricane Season Forecast After Harbinger Beryl...
Posted: Jul 09, 2024
Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox released a new bulletin explicitly prohibiting insurers from discounting labor costs for depreciation when paying a homeowners insurance claim unless the insured has ag...
Posted: Jul 09, 2024
A 16-story apartment building in Ohio may reopen early next month, several weeks after it was temporarily shuttered following a deadly natural gas explosion that severely damaged a neighboring building. Youngstown officials had ordered the evacuation...
Posted: Jul 09, 2024
Download our new white paper to see how an engaged PBM can help advocate for clients and control costs of treatment. The post
Posted: Jul 09, 2024
OKLAHOMA CITY (AP) — Attorneys for the last two remaining survivors of the 1921 Tulsa Race Massacre asked the Oklahoma Supreme Court last week to reconsider the case they dismissed last month and called on the Biden administration to help …
Posted: Jul 09, 2024
Houston is set for a dangerous bout of heat as more than 2 million homes and businesses remain without power in the area around the nation’s fourth-largest city after Hurricane Beryl’s battering. The region is under a heat advisory, with...
Posted: Jul 09, 2024
Despite the possibility of hurricane Beryl being a billion-dollar economic loss for the United States, it is expected to be a very manageable storm for the re/insurance industry, Steve Bowen, Chief Science Officer at Gallagher Re has commented. Bo...
Posted: Jul 09, 2024
Obtaining carrier appointments is a crucial part of working as an insurance producer. Learn more about the appointment process in this 101 blog.
Posted: Jul 09, 2024
Thanks to the emergence of insurtech and the wave of solutions that have come since, there are more options available than ever before to improve some of the most painful insurance processes—including broker and underwriter workflows.
Posted: Jul 09, 2024
The team of 26 operates from Telford.
Posted: Jul 09, 2024
The agreement builds on the two organizations’ longstanding partnership.
Posted: Jul 09, 2024
This initiative aims to enhance professional development, career opportunities, and knowledge sharing.
Posted: Jul 09, 2024
The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.
Posted: Jul 09, 2024
The companies will enable rental property owners to secure comprehensive landlord insurance coverage.
Posted: Jul 09, 2024
Solera is a provider of SaaS solutions to the vehicle lifecycle ecosystem.
Posted: Jul 09, 2024
Gradient AI's insurer backers include AmFam and MassMutual.
Posted: Jul 09, 2024
AmTrust and weSure have been partners since 2022.
Posted: Jul 09, 2024
Stanley Martin Homes will be able to offer homeowners insurance to its customers early in the home-buying process.
Posted: Jul 09, 2024
Zoë Foundry aims to launch three employee benefits startups annually.
Posted: Jul 09, 2024
Insurance Business Magazine - US
Posted: Jul 09, 2024
June Marks 13 Months in a Row Heat Record Earth's more than year-long streak of rec...
Posted: Jul 09, 2024
Insurance Business Magazine - US
Posted: Jul 09, 2024
Posted: Jul 09, 2024
Survey: AI Set to Save Professionals Up to 12 Hours a Week by 2029 Results from a new survey predicts AI will...
Posted: Jul 09, 2024