Higher stakes in the Gen AI boom – is your D&O ready?

[ad_1] While Lemonade continues to expand its auto insurance business, it has also reported significant growth in its marketing investments. In the fourth quarter of 2024, the company’s sales and marketing expenses climbed to $36 million, up from $13.4 million in the same period the previous year. “Alongside this acceleration, we remained laser focused on…

[ad_1] Firm will gain US licenses and federal surety authority [ad_2] Source link

[ad_1] Mangione, who was arrested in Altoona, Pennsylvania, after a nationwide manhunt, reportedly expressed hostility toward the health insurance sector in a “manifesto” found during his arrest. Among the manifesto’s entries, Mangione stated that “the target is insurance” because it “checks every box,” indicating a clear focus on the industry. [ad_2] Source link

[ad_1] More than 1,400 companies, representing $7 trillion in market value, have also signed on to Business for Nature’s Call to Action. Additionally, over 500 organizations are aligning with the Taskforce on Nature-related Financial Disclosures (TNFD), which provides a framework for assessing and reporting nature risks.   [ad_2] Source link

[ad_1] Consumers who unknowingly purchase the fraudulent policies not only lose their money, but may face serious consequences for driving without valid insurance, officials said. That includes vehicle registration revocation or impoundment by law enforcement. [ad_2] Source link

[ad_1] Following the hurricane, Hamilton paid $81,521.13 to Shellpoint, which accepted the sum without objection. Ahmed, contending the payment was insufficient, sued the insurer directly, alleging breach of contract and seeking recovery as a third-party beneficiary. The breach of contract claim was dismissed early and not appealed. The remaining claim was dismissed with prejudice by…