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QBE North America unveils media liability endorsement product
The endorsement offers affirmative coverage in cases where consumer protection laws are used to challenge First Amendment protections. The endorsement is available to media companies seeking additional protection against legal actions tied to consumer protection statutes, which are intended to address false, deceptive, or unfair business practices. Source link

Rising health insurance costs strain small US businesses
Health insurance premiums in the US In 2024, the United States experienced a significant increase in health insurance premiums. The average annual premiums rose by 6%, reaching $8,951 for single coverage and $25,572 for family coverage. This uptick was primarily driven by escalating medical costs and heightened utilization of healthcare services. Source link

Allstate agent faces lawsuit over lapsed flood policy
The case, Gerald J. Candeloro v. Allstate Insurance Co., et al., involves a dispute between Gerald J. Candeloro and Jason Garoppolo, an Allstate agent and owner of the insurer’s Groton, Connecticut franchise. Candeloro, who owns property in Mystic, Connecticut, had consistently purchased a FEMA flood insurance policy for the property through Allstate since 2000. His…