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House Speaker Dan Hawkins eyes state insurance office
[ad_1] First elected to the Kansas House in 2013, Hawkins has held multiple leadership roles, including House majority leader and chair of the Health and Human Services Committee. Alongside his legislative work, he spent 30 years in the insurance sector, with a focus on employee benefits. His background also includes service in the Kansas National…

ALKEME introduces sector-focused auto sub-brand ALKEME Automotive
[ad_1] ALKEME Automotive will operate as a dedicated platform serving franchise and used car dealerships, auto repair and body shops, towing companies, rental businesses, parts manufacturers, and service centers. The sub-brand brings together agency leaders with experience in delivering specialized coverage and services within the automotive market. [ad_2] Source link

How the reinsurance market shapes P&C insurance rates for real estate investors
[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…

CNO Financial sees shift in earnings amid market volatility in Q125
[ad_1] Strong operating gains offset investment losses and derivative valuation impacts [ad_2] Source link

Insurance networks at a crossroads: Growth slows as consolidation reshapes the industry
[ad_1] Speaking to IB, he said that most industry leaders agree that the future of insurance networks will be shaped by strategic growth, technological advancements, and increased collaboration. Specifically, Strakhov pointed to discounted vendor services, specialized support in accounting, legal, financing and consulting, as well as partnerships with MGAs and wholesalers that allow agents to…

Louisiana bill seeks to provide policyholders with tax credit
[ad_1] The bill would offer a tax credit for premiums paid in excess of $2,500 per vehicle [ad_2] Source link