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What it takes to build fleet safety culture in a riskier landscape
[ad_1] Consistent messaging and employee involvement drive long-term improvement [ad_2] Source link
Aon discloses first-quarter results
[ad_1] It also reiterated its 2025 outlook [ad_2] Source link
RT Specialty launches public entity casualty program
[ad_1] RSPE also considers a range of classes, including municipalities, public schools, community colleges, special service districts, and transit authorities. Eligibility is open to pools and individual risks, with a minimum self-insured retention (SIR) of $100,000 and a minimum premium of $125,000 per account. [ad_2] Source link
Insurance moves at Fidelis, Hartford, Everen, Everest and Munich Re
[ad_1] They include a group managing director and a new head of healthcare [ad_2] Source link
California approves emergency rate hike of up to 38% for State Farm
[ad_1] Consumer Watchdog, a nonprofit advocacy group, has also condemned the move, calling it a violation of California’s Proposition 103, which requires that insurers fully justify any rate increase before implementation. “The public deserves transparency,” said Carmen Balber, the group’s executive director. “Refunds after the fact do little for homeowners who are already struggling.” [ad_2]…
Policyholders sue Penn Mutual Life Insurance
[ad_1] The lawsuit claims Penn Mutual agents promoted “tax-advantage strategies” tied to life insurance and related products, which were ultimately “shams” with benefits described as “illusory and/or illegal.” Policyholders allegedly suffered financial losses through premium payments, loan interest, and other costs, while agents profited from commissions, bonuses, and fees. [ad_2] Source link