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Wildfire fallout – insurers set to reassess risk, tighten policies in California
“Clearing dead plants, removing wooden furniture, (these are) things people might overlook outside forested areas,” said Heron. “There will be more focus on how homes are rebuilt and the materials used, especially roofing. If a roof isn’t fire-rated to a certain degree or is past a certain age, insurers may change terms, offering actual cash…
Eleos Life joins US market via partnerships with Assurity and SCOR
Licensed in 41 states plus the District of Columbia, Eleos Life plans to distribute its products via banks, credit unions, and fintech platforms. The expansion aims to improve access to individual insurance in a market where many consumers lack adequate coverage. Source link
Small CHoices = BIG CHange with CHooseWELL Employee Well-Being at CH
oseWel CHooseWELL with CH Insurance When it comes to supporting employees, most companies rely on an EAP (Employee Assistance Program). But let’s be honest—traditional EAPs often fall flat. They’re reactive, underutilized, and lack the personal connection today’s workforce needs. That’s where CHooseWELL comes in. With everyday work-life balance online videos, exercises, meditations, and even team CHallenges…
Competitor Analysis – Private Passenger Auto Insurance: State Farm, Progressive, GEICO, Allstate, an
In response to rising cost pressures, auto insurers saw underwriting results deteriorate, prompting significant adjustments to pricing strategies. “(Auto insurance providers) sought and received approval to raise rates. So, you’ve had several years of back-to-back, in some cases double-digit, rate increases. It culminated in 2024, with underwriting results showing a big improvement as a result…
New York Marine wins court order forcing Millennia Assurance to post $4.75M collateral
New York Marine had asked the Supreme Court, New York County, to compel Millennia to deposit the collateral amount. The motion was initially denied without prejudice, but the Appellate Division, First Department, reversed that ruling. The appellate court found that New York Marine met the legal standard for a preliminary injunction, showing both a likelihood…
Revealed – how many California homeowners are underinsured
Wildfires have exposed insurance deficiency in the state Source link