As Agents’ Needs Change and Startups Emerge, Big ‘I’ Looks to Remain Relevant June 26, 2017 By Andrea Wells Spencer Houldin is chairman of the nation’s largest and oldest agents’ association, the Independent Insurance Agents and Brokers of America...
General Motors Agrees to Settle Hundreds of Ignition Lawsuits June 26, 2017 General Motors Co. has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in...
Automakers Grapple with What To Do with Drivers in Autonomous Vehicles June 26, 2017 By David Shepardson Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay...
Former Flatiron, Cantor Fitzgerald Execs Launch Premium Financing Firm June 26, 2017 Denver-based National Partners, a new premium finance company, said that it will open for business and begin processing loans on...
In Biggest Data Breach Settlement Yet, Anthem to Pay $115 Million June 26, 2017 By Brendan Pierson Anthem Inc., the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about...
Survey: Agents Suggest How Carriers Can Move from ‘Good’ to ‘Great’ June 23, 2017 One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t...
Weed Warning: Legalizing Marijuana Tied to Rise in Crashes in 3 States by HLDI June 23, 2017 Legalizing recreational marijuana use in Colorado, Oregon and Washington has resulted in collision claim frequencies that are about three percent...
After Drenching Gulf Coast, Tropical Storm Cindy Heads North, East June 23, 2017 By Ian Simpson and Bernie Woodall The remnants of Tropical Storm Cindy brought tornadoes and flooding to the U.S. Gulf Coast on Thursday and its heavy...
Reinsurance Rates Continue to Soften with No End in Sight: S&P June 23, 2017 The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of...
Cyber Insurance Premium Volume Grew 35% to $1.3 Billion in 2016 June 23, 2017 Property/casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 percent jump from 2015,...