Kevin Martin, executive director of the Illinois Insurance Association (IIA), said the office has previously introduced legislation aimed at banning the use of underwriting factors like credit scores and age, calling into question the agency’s objectivity. “Putting the wolf in charge of the hen house,” Martin said, referencing the potential conflict of interest.
Proponents argue that the bill is necessary to protect older drivers from unfair rate increases, particularly as Louisiana grapples with high auto insurance premiums. According to the report, the bill has faced opposition from the insurance industry, with the American Property Casualty Insurance Association (APCIA) asserting that it unnecessarily duplicates existing regulations. Source link
3. Discovery sanctions Chenevert also sought attorneys’ fees and costs as sanctions, arguing that Allstate’s discovery objections were improper. However, under Rule 37 of the Federal Rules of Civil Procedure, Whitehurst declined to impose sanctions, noting that while the court partially overruled Allstate’s objections, there was no clear evidence of bad faith in the discovery…
House Bill 1842, sponsored by Rep. Mark Lepak, would amend Section 13 of the Workers’ Compensation Code (85A O.S. §13) to bolster coverage for mental health injuries — particularly PTSD — incurred by law enforcement officers, firefighters (paid or volunteer), and emergency medical technicians. While PTSD is already a recognized injury for first responders under…
GEICO’s accident forgiveness program is marketed as a way to prevent rate increases following a policyholder’s first at-fault accident. The insurer states on its website: “Your insurance rate won’t go up as a result of your first otherwise surchargeable, at-fault accident.” However, the lawsuit argues that the company’s handling of premium adjustments contradicts its marketing…
The move supports the company’s ongoing development of its next-generation Aon Client Leadership strategy, which aims to deliver integrated solutions to help clients manage their risks. The company also named Magnus Roe as global chief data and analytics officer. He is responsible for advancing the company’s capabilities in analytics and helping clients make data-informed decisions. …
