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Human talent still trumps AI
[ad_1] Despite acceleration of technology, risk takers are key for insurance companies, says industry veteran [ad_2] Source link

Warner Pacific acquires Black, Gould & Associates
[ad_1] Founded in 1980 and based in Phoenix, Arizona, BGA serves more than 2,500 agents and agencies, and represents over 8,000 group insurance clients and 60,000 individual policyholders. This marks Warner Pacific’s seventh acquisition in the past year and underscores the company’s continued expansion across the US, particularly in the Southwest. [ad_2] Source link

Alabama Supreme Court sides with insurance trust in commercial lease dispute
[ad_1] The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples…

QBE North America launches new commercial property product
[ad_1] The Commercial Property product is available to a range of industries, including education, financial institutions, healthcare, hospitality, gaming, industrial, light manufacturing, mixed real estate, municipalities, offices, retail, technology, and wholesale and industrial operations. [ad_2] Source link

Rising health insurance costs strain small US businesses
[ad_1] 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. [ad_2] Source link

Louisiana bill on insurance commissioner role unlikely to advance – report
[ad_1] If enacted, the legislation would require the governor to appoint the insurance commissioner from a shortlist of candidates selected by a committee made up of lawmakers, insurance regulators, consumer advocates, and industry representatives. An amendment added to the bill would grant the Senate authority to confirm the appointment, introducing an additional layer of oversight….