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NAIC backs FIO shutdown | Insurance Business America
Notably, before the Elon Musk-led Department of Government Efficiency (DOGE) officially took off, a coalition of nine state insurance commissioners from Alabama, Arkansas, Kansas, Louisiana, New Hampshire, North Carolina, Oklahoma, Tennessee, and West Virginia issued a joint letter to the agency urging the elimination of the FIO. Source link

Nationwide General Insurance wins trademark coverage dispute over Phoenix event venue
Following the sale, Lennon and her company continued to operate the venue under the Warehouse 215 name, using it in promotional materials, liquor license applications, and business filings. Bentley Projects filed a suit in Arizona state court, accusing them of unauthorized use of the trade name, unfair competition, and trademark infringement under both Arizona law…

Acknowledging the transformative impact of AI on insurance operations
“I think the challenge is how can you control that? Because you wouldn’t, as an insurance company, declare overnight that everybody is allowed to write software to change pricing models,” he said. As a result, the question for the market is how to make sure that this technology is pointing in the right direction, which…

Brighthouse Financial reports first-quarter financial results
At the end of the quarter, Brighthouse reported common stockholders’ equity, or book value of $3.5 billion, or $61.17 per common share. Excluding accumulated other comprehensive income (AOCI), the company’s book value stood at $8.2 billion, or $141.87 per share. Source link

Trupanion posts smaller Q1 loss
Speaking during the company’s earnings call, Tooth said Trupanion has experienced stronger lead generation, retention, and conversion rates. “We’ve seen people come in and grow faster than us time and time again, and they’re not there now,” she said. Source link

7 Reasons People Love Central’s Insurance Claim Process
When you’re filing an insurance claim, it’s not just about the payout—it’s about how the company treats you along the way. At Central, we pride ourselves on delivering service with genuine care that’s fast, fair, and clear. In fact, our customers have described us as “the best insurance company I’ve ever worked with.” Read on…