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Miller Named Vice President, IT for Farmers Alliance Companies Farmers Alliance Companies, headquartered in Mcpherson, Kansas, promoted Brad Miller to vice president, information technology (IT). As vice president, and a member of the corporate leade...
Posted: Mar 18, 2024
Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market. Uber Technologies Inc. settled the class action brought by more...
Posted: Mar 18, 2024
Bermuda-based Roosevelt Road Re and its affiliate managing general agency Tradesman Program Managers (TPM) have filed a lawsuit to recover funds from 46 individuals and companies who made “potentially fraudulent claims” related to alleged New York...
Posted: Mar 18, 2024
The West of England P&I Club has reported a successful 2024 renewal across all business lines and expects a combined ratio of below 100%. West has maintained its selective approach to new business after reporting strong organic growth from exi...
Posted: Mar 18, 2024
Hannover Life Reassurance Company of America and Hannover Life Reassurance Company of America (Bermuda) Ltd., collectively Hannover Re US, have entered into a cooperation agreement with GalenusRx, Inc., (GalenusRx), which sees the latter offering...
Posted: Mar 18, 2024
A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public companies to report climate-related risks. The New Orleans-based 5th U.S. Circuit Court of Appeals granted a request f...
Posted: Mar 18, 2024
Apple Inc. lost a bid to dismiss a lawsuit alleging that its AirTag devices help stalkers track their victims. US District Judge Vince Chhabria in San Francisco ruled Friday that three plaintiffs in the class-action suit had made sufficient claims &#...
Posted: Mar 18, 2024
Adam Neumann’s real estate startup Flow is planning $300 million in Miami developments in an area that was known as tent city just a decade ago. The plans include rental apartments, retail space and small offices, all within walking distance &#...
Posted: Mar 18, 2024
Full-time Florida residents and snowbirds aren’t the only ones having trouble obtaining insurance on their condominiums. Rudy Giuliani, the former New York Mayor and longtime attorney for Donald Trump, has told a bankruptcy judge that he can...
Posted: Mar 18, 2024
Full-time Florida residents and snowbirds aren’t the only ones having trouble obtaining insurance on their condominiums. Rudy Giuliani, the former New York Mayor and longtime attorney for Donald Trump, has told a bankruptcy judge that he can...
Posted: Mar 18, 2024
The University of Maryland has lifted its suspension of most fraternities and sororities after an investigation into hazing and alcohol-related activities, the university said Friday, though five chapters will remain under investigation and continue...
Posted: Mar 18, 2024
Washington Insurance Commissioner Mike Kreidler fined Molina Healthcare of Washington $100,000 on Tuesday for errors in the company’s enrollment and billing system. Kreidler’s office opened a review of Molina’s enrollment and billin...
Posted: Mar 18, 2024
Connecticut lawmakers are considering banning the use of legacy and donor preferences in admissions to all colleges and universities across the state, including private ones like Yale University. A bill was advanced to the Senate floor on Thursday, d...
Posted: Mar 18, 2024
BenefitMall has named Don Hutchinson benefits sales executive for Southern California. Hutchinson has over a decade of industry experience. Before joining BenefitMall in February, Hutchinson most recently served as a regional sales manager at Choice...
Posted: Mar 18, 2024
This post is part of a series sponsored by IAT Insurance Group. More challenges are coming to the transportation sector in 2024. The U.S. economy continues to be the number one worry for drivers and fleet carriers alike. Factors like …
Posted: Mar 17, 2024
Renting or buying a boat and keeping it in a storage facility in states like Florida is pricey, adding up to a few thousand dollars in monthly rent, sometimes equaling the cost of a high-end boat itself. For those boat …
Posted: Mar 17, 2024
The Dawn of Gen AI In Insurance AI & Machine Learning ClareCarroll1 Sun, 03/17/2...
Posted: Mar 17, 2024
Why Take a Job in Insurance? Talent Gap ClareCarroll1 Sun, 03/17/2024 - 23:26...
Posted: Mar 17, 2024
Gen Z's Retirement Challenges Life & Health ClareCarroll1 Sun, 03/17/2024 - 23:20...
Posted: Mar 17, 2024
How AI Can Keep P&C Insurers Profitable AI & Machine Learning ClareCarroll1 Sun,...
Posted: Mar 17, 2024
By Ezra Amacher State Farm Insurance brought forth a subrogation lawsuit against Norfolk Southern over damages to a pair of East Palestine, Ohio homes allegedly caused by the railroad company’s February 2023 train derailment. State Farm filed a...
Posted: Mar 17, 2024
By Allen Laman and William Rabb Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers hav...
Posted: Mar 17, 2024
The insurance industry has been on a transformative journey, adapting to the evolving needs of the market and advancing technologies that drive business, commerce and everyday life. However, according to the Department of Health and Human Services, 1...
Posted: Mar 17, 2024
Agents and brokers are “going the extra mile” to prioritize client communication, retention, technology, and team morale as the hard market lingers on. According to a recent survey by Trusted Choice, the national consumer brand representi...
Posted: Mar 17, 2024
Family Dollar agreed to pay $41.7 million for holding food, drugs, medical devices, and cosmetics under insanitary conditions at company’s West Memphis, Arkansas, distribution center. A criminal information unveiled Feb. 26 in federal court in...
Posted: Mar 17, 2024
Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.
Posted: Mar 17, 2024
There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch. “The king is dead; long l...
Posted: Mar 17, 2024
By Andrea Wells The food services industry is anticipating record sales for 2024. But insurance specialists serving the restaurant and bar sector say that forecast isn’t all good news. With higher sales come higher costs all around. Restaurants...
Posted: Mar 17, 2024
New graduates moving away for school or work often need renters insurance to cover losses from theft or property damage.
Posted: Mar 17, 2024
Condominium sales and prices in Miami, Jacksonville and Tampa and other parts of Florida have dropped over the past year, largely due to the soaring cost of property insurance and association fees, according to Redfin, a U.S. real estate and …
Posted: Mar 17, 2024
After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in February 2024 with a seven-year lo...
Posted: Mar 17, 2024
Since its official inception in 1971, Insurance Services Office Inc. (ISO) has been the national insurance industry standard setter for policy form language. Many insurers use pure ISO forms, usually along with proprietary endorsements of their own....
Posted: Mar 17, 2024
The FC&S coverage experts review some recent instances of insurance fraud.
Posted: Mar 17, 2024
When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: Within two years, the carrier had added no fewer than 123,000 policies. Then came reinsura...
Posted: Mar 17, 2024
The Iowa Insurance Division announced it entered a settlement in principle with a group of affiliated companies commonly known as Abra. The settlement addresses Abra’s alleged offer and sale of interest-bearing cryptocurrency depository product...
Posted: Mar 17, 2024
The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the U.S. Attorney’s Office...
Posted: Mar 17, 2024
The market for yacht insurance has hardened in recent years, due to the frequency and severity of catastrophic (CAT) claims. Widespread losses incurred along the West Coast of Florida and the Atlantic Coast from Hurricane Ian in 2022, for example, &#...
Posted: Mar 17, 2024
Based on the last 126 insurance commercials I’ve watched, I wouldn’t have a clue. I saw one insurance commercial the other night that did not even include the word “insurance” in the script other than the carrier’s name....
Posted: Mar 17, 2024
You are a seasoned producer who is confident in your skillset. You have built a strong book of business and after a few years, you decide to go out on your own and open an independent agency. As your new …
Posted: Mar 17, 2024
By Ezra Amacher AccuWeather experts warn that the return La Ni—a and historically warm water across the Atlantic Ocean could contribute to a “super-charged” hurricane season in 2024. AccuWeather long-range forecasters say that the current...
Posted: Mar 17, 2024
Insurance technology news from Oneglobal, Earnix, RSQRisk and more.
Posted: Mar 17, 2024
As the global dirt bike market continues to grow, independent agents can offer valuable advice on the myths about dirt bike insurance.
Posted: Mar 17, 2024
Neptune offers up to $4 million in residential and commercial property coverage, up to $500,000 in contents coverage, and up to $10 million in RCBAP coverage for condominium associations.
Posted: Mar 17, 2024
The geospatial intelligence company addresses rapid environmental changes with a combination of proprietary data analytics with a state-of-the-art AI enterprise platform solution.
Posted: Mar 17, 2024
The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
Posted: Mar 17, 2024
Provide stronger coverage and unexpected savings for your clients.
Posted: Mar 17, 2024
There is strong evidence that consumers still want human interaction, but today’s consumers are also tech-savvy and want the speed and ease that AI technology promises.
Posted: Mar 17, 2024