New Hampshire High Court Invalidates Geico Underinsured Claim Provision December 2, 2024 By Andrew G. Simpson A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is...
Texas Agency Seeks $100M to Tackle Well Blowouts December 2, 2024 By Carlos Nogueras Ramos, The Texas Tribune Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas...
New England Grocers Coping With Cyber Attack December 2, 2024 The Dutch company that owns Stop & Shop and Hannaford grocery stores across New England is dealing with a cyberattack...
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023 December 2, 2024 After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best report...
NYC Man Charged With Insurance Fraud in Staged Car Crash Captured by Dashcam December 2, 2024 By Karen Matthews A New York City man has been charged with staging a car accident for insurance fraud purposes in a case...
Industry Trends to Exploit for 2025 – Part One December 2, 2024 By Catherine Oak and Bill Schoeffler Agency owners must observe and learn about significant new trends in the insurance industry. The following are three critical industry...
Federal Judge Strikes Down Biden Overtime Pay Rule December 2, 2024 By Daniel Wiessner A federal judge in Texas permanently blocked a Biden administration rule that would have made about 4 million more salaried...
Safeco to Take Personal Lines Renewal Business of Main Street America December 2, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...