
Similar Posts

Mennonites once again rejected from self-insuring their vehicles in Maine
Foster testified that, following six years of research, he believes only the Mennonite church would qualify under the bill’s conditions. He noted that other states, including Kentucky, have similar allowances in place, although the Maine proposal featured more restrictive requirements. Source link

Aging global population to drive changes in P&C insurance by 2050: Report
According to the report, by 2050, the global dependency ratio, or the number of seniors per 100 working-age adults, is expected to increase from 16% in 2024 to 26%. This demographic shift will influence consumer behavior, particularly in terms of spending patterns. Source link

TWFG explores FAIR Plan wrap options as challenges persist
Bunch also said developments in California’s property segment are tied to wildfire exposure, confidence in new catastrophe models, and reinsurance support. Filing new programs in the state remains difficult, he added, especially when competing with a state-run plan. Source link

SafeLease sues Storable over software access and wins temporary injunction in Texas Business Court
A new court, a new ruling Undeterred, SafeLease moved the case to the newly formed Texas Business Court, which was established to hear complex commercial cases. There, it found a more sympathetic forum. On January 21, 2025, the court issued a temporary injunction ordering Storable to restore SafeLease’s access – at least for clients active…

Shareholders push Chubb on emissions, SEC agrees
The proposal was submitted by Green Century Capital Management Inc., on behalf of the Green Century Equity Fund. The group argued that many of Chubb’s industry peers, including Travelers, American International Group, and Hartford, have gone “beyond their legal disclosure obligations” to provide a more complete picture of their financed and insured emissions. Source link