Insurance agent loses lawsuit against United States Liability Insurance Company (USLI)
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Agent accused of mishandling premium payments on the hook after fire disaster
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Agent accused of mishandling premium payments on the hook after fire disaster
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[ad_1] The report, which reviewed various aspects of the carrier’s operations – including customer service, claims handling, internal audits, and information technology – found that Citizens needs to strengthen its processes to ensure policies adhere to statutory coverage limits. [ad_2] Source link
[ad_1] A life of nearly 100 years remembered for unwavering service to others [ad_2] Source link
[ad_1] Still, the decision leaves open a potential appeal to New York’s highest court, a path that Attorney General Letitia James may pursue. James, who brought the civil case, has repeatedly described Trump’s conduct as “lying, cheating, and staggering fraud.” Her office had no immediate comment. [ad_2] Source link
[ad_1] However, reinsurance can also be a driving force behind premium increases and market restrictions. When reinsurers experience heavy losses from natural disasters, economic downturns, or global events, they adjust their rates and underwriting requirements to compensate. These increased costs trickle down to primary insurers, who, in turn, raise their rates to offset the higher…
[ad_1] Monica Adwani (pictured) has spent nearly 20 years in corporate and independent insurance roles. Raised in Puerto Rico and now based in Massachusetts, she’s seen how systemic oversights – from a lack of bilingual agents to performative DEI programs – fail to meet the needs of Latino entrepreneurs. Real inclusion means designing policies with…
[ad_1] “We looked at 14 pools, different pools around the world, [and] most of these pools do not bring focus to the importance of resilience,” said Golnaraghi. “In fact, most of them, because of solidarity based principles, allow people to live in high-risk zones.” [ad_2] Source link