Similar Posts
A-CAP challenges Utah filing, cites prior court order
The dispute centers on a Feb. 14 court order, which stayed an earlier emergency order issued by the Utah Insurance Department on Dec. 2, 2024. That emergency order had restricted the operations of three A-CAP-affiliated entities: Sentinel Security Life Insurance Company, Haymarket Insurance Company, and Jazz Reinsurance Company. Source link
Possible lawsuit pressures Tesla to remove collision alerts from safety score program
Advancements in vehicle technology, including the integration of Advanced Driver Assistance Systems (ADAS), have influenced collision claim frequencies and severities. While ADAS features aim to reduce accidents, the complexity and cost of repairing these systems can lead to higher claim costs when collisions occur. Source link
Insurance hires at Canal Insurance, Zurich North America, Trucordia and Safety National
Mark Walls, formerly vice president of Client Engagement, has been named corporate senior vice president and chief marketing officer. Dan Berns, previously vice president of account services, will become corporate senior vice president of operations, overseeing account services and insurance compliance. Source link
World Insurance Associates acquires business of Christopher Williams Agency
The acquisition is one of several moves World has made as it looks to increase deal volume and expand geographically. In late 2024, the firm also acquired Archambault Insurance Associates, a third-generation family-owned agency serving clients in Connecticut, Rhode Island, and Massachusetts. Founded in 1928, Archambault provides personal, commercial, life and health, and surety insurance….
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…
HUB International launches new offering for high-net-worth clients
The offering is powered by Insureon, HUB’s digital marketplace for small business insurance. The platform provides clients with access to coverage options from over 30 insurance carriers, including general liability, commercial auto, property, business owners, cyber, and errors and omissions. HUB Private Client Risk Advisors also assist in aligning business insurance with clients’ broader wealth…