Similar Posts
Higginbotham teams with CCI to deliver AI-powered risk solutions
In 2024, Higginbotham completed several notable acquisitions, including Eagan Insurance Agency in Metairie, La.; Fountain, Parker, Harbarger & Associates in Huntsville, Ala.; Thompson & Smith Insurance in Jackson, Tenn.; Glenn Harris & Associates in Oklahoma City; and Barnard Insurance Agency. Source link
Foresters lapse ruling clarifies insurer liability under California notice laws
In 2014, Siino moved and attempted to update her address with Foresters, but the request was rejected because she failed to sign the change-of-address form. Her husband, however, successfully updated his address and continued to receive policy notices. As a result, Siino stopped receiving annual premium notices after her move. Source link
Donegal Mutual Insurance Company accuses policyholder of forged invoices
Michael’s Fabrics, LLC, a Baltimore-based retailer specializing in high-end fabrics, purchased a business owners’ insurance policy from Donegal Mutual Insurance Company for the period covering December 16, 2022, to December 16, 2023. The policy, for which the company paid an annual premium of $4,765, included $3,364 for property coverage. Source link
China’s “national team” rallies insurers as Trump’s tariff war escalates
In response, Central Huijin Investment Ltd., a unit of China’s sovereign wealth fund, said it has sufficient liquidity and smooth funding channels to serve as a market stabiliser. The People’s Bank of China followed with an announcement that it would make refinancing tools available to Central Huijin to support its liquidity needs. Source link
MS&AD Insurance Group to invest up to $5 billion in North America expansion
MS&AD was established in 2010 through the integration of Mitsui Sumitomo Insurance Group Holdings, Aioi Insurance Co., and Nissay Dowa General Insurance Co. The group operates across several business segments, including domestic and international non-life insurance, life insurance, financial services, and risk-related services. Source link
What Vacant Land Insurance Policies Should I Invest In?
Vacant land is purchased for various reasons, such as long-term investment, customization for future development, potential appreciation, and minimal maintenance costs. It can also serve multiple purposes, including agriculture, storage, or recreational use, so it’s no surprise land sales rose 1.2% in 2023 and continue to rise. Insuring vacant land can present unique challenges due…