Agero, through its Urgently acquisition, announced a partnership with MOTER Technologies, Inc., an insurtech company that transforms connected vehicle data into real-time risk and claims insights. Together, the companies will deliver an integrated solution that connects roadside assistance, accident support, claims intelligence, and driver engagement…
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Volunteers of America Texas will host an informational session about its Home Improvement& Preservation Program on Thursday, Sept. 10, from 10 a.m. to noon at the Forest Green Branch Library. To qualify, residents must own and live in a home located in the City of Dallas, have homeowners insurance and be current on their mortgage and property taxes.
As lenders increasingly seek more personalized ways to evaluate consumers and expand access to credit, Experian ® has rolled out Experian Activate™, an AI-enabled decisioning engine powering the Experian Marketplace, a leading consumer comparison-shopping platform for credit cards ii, personal loans iii and auto insurance iv. This press release…
These are just some examples of medical malpractice claims Delaware hospitals have settled in recent years. But for years, Delaware's nonprofit hospitals have quietly operated secretive, for-profit insurance companies in the Caribbean, where they've stashed hundreds of millions of dollars for such legal payouts. "Once that money leaves the nonprofit, that…
The Best’ s Market Segment Report,“ Market Segment Outlook: Malaysia Non-Life Insurance,” notes that motor and fire insurance anchor the market, together accounting for more than 65% of total non-life premiums. Since phased liberalisation of tariffs for these lines began in July 2016, pricing progressively has shifted toward a more risk-based approach.
Neptune Flood, the largest private flood insurance provider in the United States, today released a report analyzing FEMA’ s public policy-level data on National Flood Insurance Program pricing five years after the launch of Risk Rating 2.0. Under the statutory 18% annual rate cap, another $10 to $13 billion will be subsidized before the gap closes in the late…
The following information was released by the New York State Department of Financial Services:. Governor Kathy Hochul today announced that the New York State Department of Financial Services has proposed a regulation amending the process for filing private passenger auto insurance rates, implementing reforms enacted in the Fiscal Year 2027 Budget to…
2026 SEP 08– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Engineering. Funders for this research include National Science Foundation, NSF-Simons SkAI Institute, NSF CAREER, National Science Foundation, National Institutes of Health- USA, Google Research Scholar Award, Cisco gift grant.
Wisconsin regulators will hold a Sept. 21 hearing on a proposal to transfer control of SU Insurance Co. to the Polaski Family Trust.
The U.S. property/casualty industry recorded $31.2 billion in net underwriting income in the first half of 2026, nearly three times the $10.9 billion posted in the same prior-year period, according to a new AM Best report. Also driving the net underwriting gain was a 3% increase in net earned premiums and a 5% decline in incurred losses and loss-adjustment…
BOSTON& SYDNEY, Australia—- Berkshire Hathaway Specialty Insurance today announced that it has introduced its Professional First Venture Capital Liability Insurance Policy in Australia, offering tailored coverage for venture capital managers and funds. “Australia’ s venture capital sector continues to mature, and the risks facing fund managers are…
A $30 million settlement has been reached related to sexual abuse claims filed against the Diocese of Winona. Jeff Anderson& Associates PA in St. Paul announced Thursday the settlement with U.S. Fire Insurance Co., the diocese’ s largest insurer. That settlement included parishes and schools and insurers LMI and Interstate, but not United States Fire.
Should I put my newly licensed teen driver on my auto insurance policy, or should he have his own? Does it pay to shop around or should I stick with my agent? Are there meaningful discounts for teen drivers?
AUSTIN– Governor Greg Abbott today announced that, in response to his directive last week to make property insurance more affordable, the Texas Department of Insurance reminded insurers that the practice of "price optimization" violates Texas law for all TDI-regulated insurance products. "The average annual homeowners' insurance premium in Texas rose 79…
"This is a breakthrough and powerful moment in time in getting justice for survivors," said Jeff Anderson, whose law firm, Jeff Anderson& Associates, represented the sexual abuse survivors. Anderson told MPR News the settlement with the United States Fire Insurance Company covers incidents of abuse dating back to the early 1960 s, and some of the survivors began…
A $30 million settlement has been reached related to sexual abuse claims filed against the Diocese of Winona. Jeff Anderson& Associates PA in Saint Paul announced Thursday the settlement with United States Fire Insurance Company, the diocese’ s largest insurer. Fire Insurance denied, delayed, and for business reasons, chose to oppress survivors in bringing…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. In the second half of 2026, Zurich is expected to complete the acquisition of Beazley plc for a consideration of circa USD 11 billion. Once completed, AM Best expects Zurich’ s risk-adjusted…
The Federal Emergency Management Agency opened a 90- day appeal and comment period on Aug. 20 for proposed updates to federal flood maps in several counties, including Volusia. The proposed maps are part of FEMA’ s effort to update the Flood Insurance Rate Map for Volusia County. The County will accept correspondence only for properties in unincorporated…
The Federal Emergency Management Agency opened a 90- day appeal and comment period on Aug. 20 for proposed updates to federal flood maps in several counties, including Volusia. The proposed maps are part of FEMA’ s effort to update the Flood Insurance Rate Map for Volusia County. The County will accept correspondence only for properties in unincorporated…
The Federal Emergency Management Agency opened a 90- day appeal and comment period on Aug. 20 for proposed updates to federal flood maps in several counties, including Volusia. The proposed maps are part of FEMA’ s effort to update+ ho Flood Insurance Rate Map for Volusia County. The County will accept correspondence only for properties in unincorporated…
